News
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US EPA to reconsider Biden clean power plant rule
WASHINGTON, March 12 (Reuters) - The Environmental Protection Agency announced on Wednesday it plans to reconsider a Biden administration regulation that sought to reduce greenhouse gas emissions from power plants, part of the new administration's broader efforts to unwind regulations for the po...Reuters
Wed, Mar 12
Trump cites positive messages on potential Russia-Ukraine ceasefire
WASHINGTON, March 12 (Reuters) - President Donald Trump said U.S. officials were heading to Russia on Wednesday to discuss a U.S.-Ukraine agreement on a proposed 30-day pause in fighting and a pathway to peace talks. Trump said it was now up to Russia after Ukraine agreed to a ceasefire during mo...Reuters
Wed, Mar 12
EXCLUSIVE-Trump administration plans to give dirty US coal plants a reprieve on soot
Plan aligns with Trump's executive orders on energy reliabilityRollback benefits dirtiest coal plants, like Colstrip in MontanaComplying with Biden-era rules would cost Colstrip an estimated $350M to $665MBy Tim McLaughlin March 12 (Reuters) - President Donald Trump's administration inten...Reuters
Wed, Mar 12
REFILE-EU tariffs on US grains to hit livestock sector, industry group says
PARIS, March 12 (Reuters) - European Union tariffs on U.S. grains, as part of the bloc's riposte to Washington's levies on steel and aluminium, would hurt a European livestock sector reliant on imports for animal feed, industry association FEFAC said on Wednesday.A large EU trade surplus wit...Reuters
Wed, Mar 12
Archer-Daniels-Midland considers sale of futures trading arm, Bloomberg News reports
March 12 (Reuters) - Grains trader Archer-Daniels-Midland ADM.N is considering selling its futures trading arm, in an effort to cut costs, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters
Wed, Mar 12
North Sea shipping crash expected insured losses manageable: DBRS
By Michael Jones March 12 - (The Insurer) - Insured losses from the March 10 North Sea shipping crash will likely total between $100 million and $300 million and be manageable for the industry, DBRS Morningstar has estimated North Sea incident will not affect credit profile of marine...Reuters
Wed, Mar 12
Turkey to develop its shale fields with U.S. producer Continental Resources
By Arathy SomasekharHOUSTON, March 12 (Reuters) - Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir Basin, Turkish Energy Minister Alparslan Bayraktar said on social media platform X...Reuters
Wed, Mar 12
Bioxytran Develops Groundbreaking Treatment To Combat Bird Flu In Egg Laying Chickens Potentially Saving Billions
March 12 (Reuters) - Bioxytran Inc BIXT.PK:BIOXYTRAN DEVELOPS A GROUNDBREAKING TREATMENT TO COMBAT BIRD FLU IN EGG LAYING CHICKENS POTENTIALLY SAVING BILLIONSBIOXYTRAN: WE ARE ACTIVELY SEEKING PARTNERSHIPSReuters
Wed, Mar 12
Jet fuel cargo mostly intact on Stena Immaculate after ship collision off UK, says ship owner
Stena Immaculate’s crew of US nationals in good health Tanker part of US military program to supply fuel for forces British authorities arrest Solong’s Russian captain By Jonathan Saul LONDON, March 12 (Reuters) - Most of the jet fuel onboard the U.S.-flagged tanker Stena Immaculate that was hit ...Reuters
Wed, Mar 12
Europe Gasoline/Naphtha-Gasoline margins edge up
LONDON, March 12 (Reuters) - Northwest European gasoline refining profit margins rose by 16 cents on Wednesday to $4.23 a barrel, while demand remained muted. A total of 4,000 metric tons of E5 gasoline barges traded, as Trafigura sold to Mabanaft and TotalEnergies.A further 4,000 tons of Eurobob E...Reuters
Wed, Mar 12
UK pollution fears ease after cargo ship crash, Russian captain still in detention
Ship crashed into U.S. tanker on MondayRussian captain, 59, remains in custody Checks on Solong last year found safety deficienciesFears over environmental impact ease By Jonathan Saul and Sarah Young LONDON, March 12 (Reuters) - Fears of an environmental disaster eased on Wednesday, two days...Reuters
Wed, Mar 12
Trump warns EU on retaliatory tariffs, says Irish tax policies lured US firms
By Andrea Shalal WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump on Wednesday vowed to respond to the European Union's threat to impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month after Trump implemented blanket tariffs on steel and alumi...Reuters
Wed, Mar 12
GRAINS-Chicago grains and soybeans extend losses as trade fights roil
U.S. and EU trade battle raise questions over U.S. exportsCanada said prepared to announce wave of retaliatory tariffs.USDA kept domestic corn inventories unchanged, surprising marketBy P.J. Huffstutter CHICAGO, March 12 (Reuters) - Chicago Board of Trade grain and oilseeds extended losses on Wed...Reuters
Wed, Mar 12
US Cash Grains-Midwest ethanol plants increase corn basis bids
CHICAGO, March 12 (Reuters) - Spot basis bids for U.S. corn rose at Midwestern ethanol plants on Wednesday, while soybean basis bids were flat to higher at processing facilities and grain elevators, spot checks showed.* Futures prices declined for both crops, discouraging selling by farmers already ...Reuters
Wed, Mar 12
Canadian farmers to boost wheat and cut canola, Statistics Canada says
By Ed White WINNIPEG, Manitoba, March 12 (Reuters) - Canadian farmers intend to plant more wheat, corn, oats and peas in 2025 than they did last year and cut canola, soybeans, barley and lentils, Statistics Canada reported on Wednesday.However, farmers' commitment to those planting plans is m...Reuters
Wed, Mar 12
TC Energy CEO says company remains bullish on US, in spite of trade tension
TC Energy CEO says volatility the enemy of investmentBelieves Trump administration's pro-energy stance remains a positiveWill direct bulk of capital spending to US market, which offers best 'risk-adjusted returns'By Amanda Stephenson CALGARY, March 12 (Reuters) - The CEO of Canadian p...Reuters
Wed, Mar 12
Mexican president says will wait before responding to US metals tariffs
MEXICO CITY, March 12 (Reuters) - Mexico's President Claudia Sheinbaum on Wednesday said her government will not immediately retaliate to new 25% tariffs imposed by the U.S. on all steel and aluminum imports and instead will wait for a possible resolution in the coming weeks.U.S. President Donal...Reuters
Wed, Mar 12
CERAWEEK-Exxon to raise output to 5.4 mln boepd by 2030 from 4.3 mln, exec says
By Sheila DangHOUSTON, March 12 (Reuters) - Exxon Mobil XOM.N expects to raise output to 5.4 million barrels of oil equivalent per day in 2030, up from 4.3 million boepd now, the company's president of upstream said on Wednesday.The production areas that the company is focused on for growth are ...Reuters
Wed, Mar 12
Kazakhstan says it will adjust quickly to comply with OPEC+ quota
ALMATY, March 12 (Reuters) - Kazakhstan will quickly adjust its oil output in order to get back in line with its OPEC+ quota after exceeding the limit in February, the Energy Ministry said on Wednesday.OPEC said earlier that Kazakhstan was the biggest contributor to a sizeable jump in February crude...Reuters
Wed, Mar 12
