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US natgas prices slide 3% on less cold, ahead of storage report
Freezing wells cut US output in recent daysUS gas output still on track for record high in FebruaryUS LNG export feedgas on track for record high in FebruaryBy Scott DiSavinoFeb 20 (Reuters) - U.S. natural gas futures slid about 3% on Thursday from a 25-month high in the prior session on forecasts f...Reuters
Thu, Feb 20
BUZZ-Suriname upstream oil investments could reach $9.5 bln through 2027, Rystad says
** Focus is growing on oil exploration in the South American nation of Suriname, say analysts at Rystad Energy, forecasting $9.5 billion in upstream investments between this year and 2027, compared to $514 million last year and $348 million in 2020** Rystad Energy analysts estimate at least 10 wells...Reuters
Thu, Feb 20
HF Sinclair posts bigger-than-expected loss as refining margins shrink
Adds on company's segments in graphs 5-10 Feb 20 (Reuters) - Refiner HF Sinclair DINO.N on Thursday posted a bigger-than-expected loss for the fourth quarter, becoming the latest energy company to take a hit from weak refining margins and rising global capacity. Bigger rivals Valero Energy...Reuters
Thu, Feb 20
Spain's Naturgy plans $2.6 billion share buyback
Naturgy plans to buy up to 10% of share capitalTo sell the shares in the marketNaturgy pledged to increase dividendBoard to expand to 16 members from 12 Recasts with share buyback value, adds share price in paragraph 2, chairman and analyst comments in paragraphs 6-7By Pietro Lombardi MADRID, Feb...Reuters
Thu, Feb 20
GRAINS-Chicago grains higher with weather and tariffs in focus
PARIS/BEIJING, Feb 20 (Reuters) - Chicago corn, wheat and soybeans rose on Thursday, recouping losses from the previous session with support from a weaker dollar while traders assessed South American weather and comments from U.S. President Donald Trump about China.Reuters
Thu, Feb 20
BRIEF-Repsol: 2 Asset Rotations In Final Stages, To Be Announced Soon
Feb 20 (Reuters) - Repsol's REP.MC Chief Executive Josu Jon Imaz:ONE ASSET ROTATION IN U.S. AND ONE IN SPAIN ARE IN FINAL STAGES AND TO BE ANNOUNCED SOONI'M COMFORTABLE WITH TOP RANGE OF OIL & GAS PRODUCTION FOR THIS YEARWE ARE INCREASING IN A SIGNIFICANT WAY PRODUCTION IN LIBYAWE LAUNCH...Reuters
Thu, Feb 20
Repsol sees positive impact from Trump gas policies
MADRID, Feb 20 (Reuters) - The chief executive of Spanish oil company Repsol REP.MC, Josu Jon Imaz, said on Thursday the expected effects of U.S. President Donald Trump's administration's policies on the gas industry should be positive, helping increase output and drive prices lower.Repsol ...Reuters
Thu, Feb 20
Pipeline operator Targa forecasts core profit above estimates on boost in gas volumes
Feb 20 (Reuters) - Targa Resources TRGP.N forecast full-year adjusted core profit above analyst expectations on Thursday, benefiting from increased demand and higher transport volumes of natural gas and natural gas liquids through its pipelines.The U.S. Energy Information Administration (EIA) report...Reuters
Thu, Feb 20
COLUMN-Cold weather boosts US diesel, masking economic challenges: Bousso
The opinions expressed here are those of the author, a columnist for Reuters.By Ron BoussoLONDON, Feb 20 (Reuters) - Frigid temperatures across the U.S. Northeast have led to a surge in heating oil demand since the start of the year, helping to offset a slowdown in consumption caused by reduced indu...Reuters
Thu, Feb 20
HF Sinclair posts bigger-than-expected loss on lower refining margins
Feb 20 (Reuters) - Refiner HF Sinclair DINO.N posted a bigger-than-expected fourth-quarter loss on Thursday, hurt by a slump in refining margins and a rise in global capacity.On an adjusted basis, the Dallas-based company reported a loss of $1.02 per share for the quarter ended December, compared wi...Reuters
Thu, Feb 20
Russia shrugs off EU ban on its aluminium imports, says it will seek alternative buyers
MOSCOW, Feb 20 (Reuters) - Russian Industry and Trade Minister Anton Alikhanov on Thursday shrugged off the likely impact of an European Union ban on primary aluminium imports from Russia, the state TASS news agency reported.It cited him as saying that Moscow had itself cut its aluminium supplies to...Reuters
Thu, Feb 20
Cheniere Energy's annual LNG revenue falls
Feb 20 (Reuters) - U.S. LNG exporter Cheniere Energy LNG.N posted a fall in its full-year LNG revenue on Thursday, hurt by lower prices.The company reported LNG revenues of $14.89 billion for the full year ended December 31, compared with $19.56 billion in 2023.Reuters
Thu, Feb 20
China lithium tech export curbs may benefit Eramet, CEO says
PARIS, Feb 20 (Reuters) - Potential Chinese export restrictions on lithium extraction technology could create new opportunities for Eramet EMRT.PA following its launch of lithium production in Argentina, the head of the French mining group said on Thursday.China has proposed restricting the export o...Reuters
Thu, Feb 20
Canada's Cenovus Energy posts lower fourth-quarter profit
Feb 20 (Reuters) - Canadian oil and gas producer Cenovus Energy CVE.TO posted a fall in fourth-quarter profit on Thursday, hurt by lower commodity prices.The Calgary, Alberta-based company's net income fell to C$146 million ($102.78 million), or 7 Canadian per share, in the three months ended De...Reuters
Thu, Feb 20
Federal workers were fired 'for performance.' Their records say otherwise
Federal workers were fired 'based on your performance'Twelve of the fired workers received good performance appraisalsWhite House says it is removing workers who are not mission-criticalBy Leah Douglas, Nathan Layne and Tim Reid Feb 20 (Reuters) - Federal workers fired for alleged poor pe...Reuters
Thu, Feb 20
US oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
Groups seek increased biofuel volumes for 2026 and beyondEPA urged to release multi-year RFS standards for market certaintyBy Stephanie Kelly NEW YORK, Feb 20 (Reuters) - U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fu...Reuters
Thu, Feb 20
Canada's Teck beats fourth-quarter profit estimates on strong copper production
Feb 20 (Reuters) - Canadian miner Teck Resources TECKb.TO beat analysts' estimates for fourth-quarter profit on Thursday, helped by higher copper production volumes at its Chile mine.Total copper output in the quarter came in at 122,100 tonnes, a 19% jump from a year earlier, with 60,700 tonnes ...Reuters
Thu, Feb 20
EU sanctions Russian vessels – ING
Supply uncertainty continues to support the oil market, which faces multiple risks, including disruptions to Kazakh flows, the potential for a delay in the return of OPEC+ barrels, weather events in the US, and ever-present sanctions risks hanging over the market.Fxstreet
Thu, Feb 20
