News
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Japan's ANA taps Boeing, Airbus, Embraer in 77-jet order
Company order to help meet growing tourism demand in JapanOrder is breakthrough for Brazil-based Embraer in AsiaOrder worth more than 2.1 trillion yen Adds order details in paragraph 3-4, quote from company in paragraph 7, context and background throughoutBy Rocky Swift and Nobuhiro KuboTOKYO, Feb 2...Reuters
Tue, Feb 25
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
LONDON/SINGAPORE, Feb 25 (Reuters) - Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Reuters
Tue, Feb 25
RPT-Guyana waiting for Exxon's gas development plans until end of March, VP says
Repeats story originally published on February 24, no changesGuyana says it might jointly develop gas fields with SurinameFulcrum LNG has capacity to develop large gas project, VP saysOnshore power project faces delay of about three monthsGovernment sees others developing gas if Exxon does notBy Mar...Reuters
Tue, Feb 25
RPT-COLUMN-Key energy and output data to track as Germany charts economic revival: Maguire
The opinions expressed here are those of the author, a market analyst for Reuters.By Gavin Maguire LITTLETON, Colorado, Feb 25 (Reuters) - Following rare back-to-back economic contractions in 2023 and 2024, German businesses are hopeful that a new government formed by the conservative CDU/CSU par...Reuters
Tue, Feb 25
PRECIOUS-Gold eases after hitting record, safe-haven flows strong
Gold hit record high of $2,956.15 on MondayTrump says Canada, Mexico tariffs on scheduleUS PCE data due on FridayUpdates with EMEA mid session tradingBy Anjana Anil and Sarah Qureshi Feb 25 (Reuters) - Gold prices hovered near an all-time high on Tuesday, as fears of a trade war and instability a...Reuters
Tue, Feb 25
EU promises support for steel sector as US trade tariffs loom
Adds von der Leyen quotes, more detail and background from 2nd paragraph BRUSSELS, Feb 25 (Reuters) - The EU Commission on Tuesday said it will present plans to make Europe's ailing steel sector more competitive and to shield it from looming U.S. trade tariffs in the spring.Its action plan wi...Reuters
Tue, Feb 25
Japanese auto industry seeks government help against US tariffs
Writes through with details from meeting, minister TOKYO, Feb 25 (Reuters) - Japan's automobile industry association urged the government on Tuesday to try to shield Japanese automakers from tariffs that the United States may impose on imports of autos and parts.The Japan Automobile Manufactu...Reuters
Tue, Feb 25
EXCLUSIVE-Trinidad to seek US extension for Shell's gas project in Venezuela
Trinidad to ask Trump administration for an extension to develop Dragon gas projectShell planning to green-light offshore project this yearShell, NGC began project engineering work on the fieldBy Marianna Parraga and Curtis WilliamsHOUSTON/PORT OF SPAIN, Feb 25 (Reuters) - Trinidad and Tobago plans ...Reuters
Tue, Feb 25
EXPLAINER-When will mass US government firings show up in data?
Feb 25 (Reuters) - Tens of thousands of U.S. government workers have been fired in recent weeks, according to a Reuters tally of announcements tracking President Donald Trump's plan to shrink the federal workforce.So far, few indications of those lost jobs have appeared in the various formal mea...Reuters
Tue, Feb 25
GRAINS-Corn eases further from 18-month high
Updates at 1035 GMT, changes dateline PARIS/CANBERRA, Feb 25 (Reuters) - U.S. corn futures edged down on Tuesday as improving crop weather in South America and expectations of increased planting by U.S. farmers encouraged profit-taking following last week's 18-month high for prices.Wheat trac...Reuters
Tue, Feb 25
Nippon Steel to use U.S. Steel merger agreement as base for US gov't talks, president says
Co says equity investment and capital spending are inseparableMerger agreement is starting point for U.S. gov't talks Recasts with details and quotes, adds bulletsBy Yuka Obayashi and Rocky Swift TOKYO, Feb 25 (Reuters) - Nippon Steel 5401.T plans to use its current merger agreement to acquir...Reuters
Tue, Feb 25
CORRECTED-IEA director: may be time to replace Russian LNG with Qatar LNG beginning 2027
Corrects spelling of surname to Birol in first paragraphPARIS, Feb 25 (Reuters) - It might be time for Europe to replace Russian liquefied natural gas (LNG) with LNG from Qatar by the start of 2027, International Energy Agency (IEA) Director Fatih Birol said at the International Energy Week in Londo...Reuters
Tue, Feb 25
Gold edges lower as Trump’s administration plans to toughen chip controls over China
Gold price edges lower on Tuesday along with yields and equities. The Trump administration seeks to toughen its semiconductor restrictions on China. Gold heads back to $2,930 and looks heavy with an overall market rout.
Shell expects 60% rise in global LNG demand by 2040
By Marwa Rashad and Emily Chow LONDON/SINGAPORE, Feb 25 (Reuters) - Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual...Reuters
Tue, Feb 25
Malaysia’s Petronas posts profit drop in 2024 amid global volatility, lower oil prices
Recasts, adds details and quotes in paragraphs 4-11By Danial Azhar KUALA LUMPUR, Feb 25 (Reuters) - Malaysia's state energy firm Petroliam Nasional Bhd reported on Tuesday a drop in profit in 2024 compared to a year ago, amid global volatility and lower oil prices from geopolitical tension an...Reuters
Tue, Feb 25
Kremlin says Russia has lots of rare earth metals that the US needs and is open to cooperation
Adds background, quotes MOSCOW, Feb 25 (Reuters) - The Kremlin said on Tuesday that Russia had lots of rare earth metal deposits and that it was open to doing deals to develop them after President Vladimir Putin held out the possibility of such collaboration with the United States."The Americ...Reuters
Tue, Feb 25
Spanish oil company Moeve swings to profit
Adds CEO comments in paragraphs 4, 9; earnings and strategy details throughoutBy Pietro Lombardi MADRID, Feb 25 (Reuters) - Spain's second-largest oil company Moeve, formerly known as Cepsa, said on Tuesday it swung to a profit last year on the back of growing earnings at its energy and chemi...Reuters
Tue, Feb 25
EUROPE GAS-Dutch prices edge higher on cooler temperature forecasts
LONDON, Feb 25 (Reuters) - Dutch wholesale gas prices edged higher on Tuesday morning as forecasts for cooler temperatures and weaker renewable power output lifted demand.The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 was up 0.45 euro at 46.75 euros per megawatt hour (MWh), or $1...Reuters
Tue, Feb 25
