News
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US Plains HRW Wheat-Basis bids flat in slow cash trade
CHICAGO, March 6 (Reuters) - Spot basis bids for hard red winter wheat were unchanged in the U.S. Plains on Thursday as farmers did little selling despite a bounce in K.C. hard red winter wheat futures.* Some farmers may be waiting for prices to recover further before selling their old and new crop ...Reuters
Thu, Mar 6
CORRECTED-Venture Global announces $18 billion expansion of Plaquemines LNG plant
March 6 (Reuters) - Venture Global VG.N said on Thursday it would expand the total production capacity of its Plaquemines LNG plant in Louisiana to 45 million tonnes per annum (mtpa), up from the current 27 mtpa, with an additional investment of $18 billion.The company, which became one of the most ...Reuters
Thu, Mar 6
GRAINS-Corn, soy, wheat climb on tariff exemption for Mexico
By Julie Ingwersen CHICAGO, March 6 (Reuters) - U.S. corn futures surged about 2% on Thursday on easing trade tensions after U.S. President Donald Trump said Mexico would not be required to pay tariffs on any goods that fall under a North American trade pact until April 2. Soybea...Reuters
Thu, Mar 6
Trudeau says US tariff war to drag on, Bessent calls him a 'numbskull'
By David Ljunggren and Promit Mukherjee OTTAWA, March 6 (Reuters) - Canada will be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, speaking shortly before U.S. Treasury Secretary Scott Bessent called him "a numbskull".Trude...Reuters
Thu, Mar 6
Iraqi Kurdistan oil export talks end without deal despite US push
Disagreements over pricing and payment main sticking point First time U.S. diplomat officially attends talks Trump administration piling pressure on Iraq By Ahmed Rasheed and Maha El Dahan BAGHDAD/DUBAI, March 6 (Reuters) - Talks on resuming Iraqi oil flows to Turkey that have been halted for two...Reuters
Thu, Mar 6
US agency blocks vote to repeal California EV rules
March 6 (Reuters) - A U.S. government agency said on Thursday the Biden administration's approval of California's landmark plan to end the sale of gasoline-only vehicles by 2035 is not subject to review and potential repeal by Congress.Last month, the U.S. Environmental Protection Agency und...Reuters
Thu, Mar 6
Marathon to begin planned maintenance at Robinson, Illinois refinery, source says
NEW YORK, March 6 (Reuters) - Marathon MPC.N will begin planned maintenance activities on units at its 255,000-barrel-per-day refinery in Robinson, Illinois on March 18, a source familiar with plant operations said on Thursday.The maintenance work is expected to last about two months, the source sai...Reuters
Thu, Mar 6
PRECIOUS-Gold eases as Treasury yields climb, eyes on US jobs data
US payrolls data due on FridayUnderlying fundamentals for gold still bullish, says analystBullion up over 10% so far this year By Anmol Choubey March 6 (Reuters) - Gold prices dipped on Thursday due to rising U.S. Treasury yields and profit-taking, while market attention turned to Friday's pa...Reuters
Thu, Mar 6
Butterfly populations plummet by 22% in US since turn of century
Survey data spanned millions of butterflies in 554 speciesPopulation declines were largest in the southwestern US Butterflies are important pollinators and food for birdsBy Will Dunham WASHINGTON, March 6 (Reuters) - The population of butterflies - the beautiful insects that play a vital role in ...Reuters
Thu, Mar 6
Canada should diversify oil export markets, country's top oil producer says
By Amanda Stephenson and Vallari Srivastava March 6 (Reuters) - Canada must look at ways to diversify its oil export markets, both in the short term as well as by exploring a long-term solution like a new east-west pipeline, the president of Canadian Natural Resources Ltd CNQ.TO said on Thur...Reuters
Thu, Mar 6
Guyana's tax agency to begin dispute resolution with Exxon over expenses
GEORGETOWN, March 6 (Reuters) - Guyana's Natural Resources ministry has ordered the country's tax agency to begin a dispute resolution with Exxon Mobil XOM.N over the recovery of some $214 million in expenses registered by the U.S. major as part of its offshore operations.The move follows th...Reuters
Thu, Mar 6
Venture Global Announces Major Brownfield Expansion Of Plaquemines LNG
March 6 (Reuters) - Venture Global Inc VG.N:VENTURE GLOBAL INC: ANNOUNCES MAJOR BROWNFIELD EXPANSION OF PLAQUEMINES LNGVENTURE GLOBAL: PLANNED PLAQUEMINES EXPANSION TO CONSIST OF 24 TRAINS & WOULD REPRESENT ABOUT $18 BILLION ADDITIONAL INVESTMENT IN STATE OF LOUISIANAVENTURE GLOBAL INC: TO EXPA...Reuters
Thu, Mar 6
South Dakota bans use of eminent domain for carbon dioxide pipelines
March 6 (Reuters) - South Dakota Governor Larry Rhoden on Thursday signed a bill banning the use of eminent domain for the construction of carbon dioxide pipelines, potentially endangering a $9 billion pipeline project proposed by Summit Carbon Solutions.Reuters
Thu, Mar 6
Dispute over energy project in Guyana to be discussed through arbitration
GEORGETOWN, March 6 (Reuters) - An international arbitration court will hear a dispute between Guyana and a consortium led by U.S. firm Lindsayca over a project awarded to build a gas-fueled power plant and a natural gas liquids plant, the government said on Thursday.The International Chamber of Com...Reuters
Thu, Mar 6
Mexico president says problems with salt content in crude oil solved
MEXICO CITY, March 6 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday that problems with a higher-than-usual content of salt in the crude oil that state energy company Pemex pumps and exports have been resolved. Mexico is an important supplier to U.S. refineries and in mid-February, ...Reuters
Thu, Mar 6
Mexico president says problems with salt content in crude oil solved
MEXICO CITY, March 6 (Reuters) - Mexican President Claudia Sheinbaum said on Thursday during her regular morning press conference that problems with a higher-than-usual content of salt in the crude oil that state energy company Pemex pumps have been resolved. Mexico is an important supplier to U.S. ...Reuters
Thu, Mar 6
EXPLAINER-Why would the US government shut down?
By Andy Sullivan WASHINGTON, March 6 - Large swaths of the U.S. government would be forced to stop operating at midnight on March 14 if Congress does not pass detailed spending legislation that would keep agencies running. WHY WOULD THE GOVERNMENT SHUT DOWN?Congress is supposed to allocate f...Reuters
Thu, Mar 6
EU wheat hovers near 6-month low as euro offsets US rebound
PARIS, March 6 (Reuters) - Euronext wheat steadied on Thursday after a six-month low as a rebound in Chicago grains spurred by a loosening of U.S. tariffs countered pressure from a rising euro.May wheat BL2K5 on Euronext settled 0.1% down at 222.75 euros ($240.61) a metric ton.The earlier dropped to...Reuters
Thu, Mar 6
Conveyor belt collapses at Brazil grain terminal operated by ADM, Viterra
SAO PAULO, March 6 (Reuters) - A conveyor belt system collapsed at a grain terminal at the port of Barcarena in northern Brazil, according to a navigation sector source and a soybean analyst on Thursday. The collapse caused grain shipments to be suspended, the two sources said naming ADM ADM.N and V...Reuters
Thu, Mar 6
