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Axis International seeks $28.9 billion from Guinea over revoked bauxite permit
DAKAR, Dec 29 (Reuters) - Axis International Ltd is seeking $28.9 billion from Guinea at a World Bank tribunal after the West African country revoked its permit to operate a bauxite mine there this year, the United Arab Emirates-based company said on Monday.Guinea, which has the world's largest ...Reuters
Mon, Dec 29
GRAINS-Chicago wheat falls as Black Sea peace hopes assessed, soybeans and corn also down
By Michael Hogan HAMBURG, Dec 29 (Reuters) - Chicago wheat fell on Monday as dealers assessed positive signals from talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy to end the war in Ukraine, while abundant global supplies also depressed prices. ...Reuters
Mon, Dec 29
Frontera signs deal to supply crude oil to Chevron unit for up to $120 million
Dec 29 (Reuters) - Frontera Energy's FEC.TO Colombian unit has signed a prepayment and commercial agreement worth up to $120 million with a unit of U.S. oil major Chevron CVX.N to supply crude oil over two years, the Canadian oil producer said on Monday.Under the deal, Frontera will receive ...Reuters
Mon, Dec 29
RPT-ROI-Every mineral is critical in the new metals age: Andy Home
By Andy Home LONDON, Dec 29 (Reuters) - The U.S. Geological Survey's (USGS) updated critical minerals list now encompasses 60 different materials, representing around 80% of all the mined commodities on the periodic table. Some are well-known industrial inputs such as copper, nickel and zinc....Reuters
Mon, Dec 29
EXCLUSIVE-Nigeria's NNPC eyes stake sales in some oil and gas assets, invites bids, document shows
By Isaac Anyaogu LAGOS, Dec 29 (Reuters) - NNPC Limited, the state-owned energy company of top African oil producer Nigeria, plans to sell stakes in some of its oil and gas assets and has called for bids, according to an invitation document seen by Reuters on Monday.NNPC owns some assets outright...Reuters
Mon, Dec 29
EXPLAINER-What lies ahead for Ukraine's contested Zaporizhzhia nuclear power plant?
Zaporizhzhia nuclear station among the war's contested issuesZelenskiy-Trump talks fail to deliver breakthrough on plantRussia controls the plant, wants to restart productionRussia and Ukraine differ over how US may be involvedBy Pavel Polityuk KYIV, Dec 29 (Reuters) - The Zaporizhzhia nuclea...Reuters
Mon, Dec 29
Axis International seeks $28.9 billion from Guinea over revoked bauxite permit
DAKAR, Dec 29 (Reuters) - Axis International Ltd is seeking $28.9 billion from Guinea at a World Bank tribunal after the West African country revoked its permit to operate a bauxite mine there earlier this year, the United Arab Emirates-based company said on Monday.Guinea, which has the world's ...Reuters
Mon, Dec 29
SOFTS-London cocoa prices rise, raw sugar also higher
LONDON, Dec 29 (Reuters) - London cocoa futures were higher on Monday but still on track to post a large annual loss, while raw sugar and robusta coffee prices also rose. COCOALondon cocoa LCCc1 rose 0.7% to 4,246 pounds a metric ton by 1110 GMT.Weak demand, however, helped to limit the sco...Reuters
Mon, Dec 29
Italy's state railway teams up with Certares fund on high-speed trains abroad
ROME, Dec 29 (Reuters) - Italy's state-owned railway Ferrovie dello Stato (FS) has signed a partnership with U.S. investment firm Certares to develop high-speed train services in France and other European countries, the two groups said on Monday. FS and Certares will set up a joint venture and...Reuters
Mon, Dec 29
RPT-ROI-Five energy market trends to track in 2026, the year of the glut: Bousso
By Ron Bousso LONDON, Dec 29 (Reuters) - Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices.This past year was a wild one for the oil and gas industry, punctuated by the 12-day I...Reuters
Mon, Dec 29
Gold Price Forecast: XAU/SD retreats to the $4,445 area in thin trading
Gold (XAU/USD) has dropped about $80 from the all-time highs at $4,550 area hit last week to session lows at $4,445 on Monday, weighed by hopes of a peace deal in Ukraine and a moderate recovery of the US Dollar, amid thin year-end trading.Precious metals retreated sharply on Monday, after US Presid
Fxstreet
Mon, Dec 29
WTI holds gains near $57.50 due to potential supply concerns
West Texas Intermediate (WTI) Oil price rebounds after registering 2.5% losses in the previous session, trading around $57.30 per barrel during the European hours on Monday. Crude Oil prices rise as investors weigh the risk of a global supply glut amid potential delays to a Ukraine peace deal.
Fxstreet
Mon, Dec 29
TECHNICALS-NY coffee may fall toward $2.5415-$2.8775 range in Q1
For more technical analyses, please click SINGAPORE, Dec 29 (Reuters) - New York coffee KCc2 may break the support at $3.2130 per lb in the first quarter of 2026 and fall toward $2.5415 to $2.8775 range.A correction from $4.2995 looks incomplete. It consists of three waves and may have adopted a fla...Reuters
Mon, Dec 29
FACTBOX-How silver is traded, from stocks and shares to coins and bars
Dec 29 (Reuters) - Silver surged past $80 an ounce for the first time on Monday, propelled by strong industrial and investment demand, persistent supply shortfalls, its recent designation as a U.S. critical mineral and a wave of momentum-driven buying.Prices were down 4.2% by 0830 GMT, retreating fr...Reuters
Mon, Dec 29
TABLE-North Sea gas maintenance schedule: adds Atwick outage
Dec 29 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Mon, Dec 29
PG&E restores power to 11,000 San Francisco customers after equipment failure
Dec 29 (Reuters) - PG&E Corp PCG.N crews have restored power to about 11,000 San Francisco customers affected by an outage caused by overhead equipment failure, the company said on Monday.The outage, which began on Sunday at 7:45 p.m. PST (1145 GMT) in San Francisco's Richmond neighbourhood,...Reuters
Mon, Dec 29
ROI-Five energy market trends to track in 2026, the year of the glut: Bousso
By Ron Bousso LONDON, Dec 29 (Reuters) - Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices.This past year was a wild one for the oil and gas industry, punctuated by the 12-day I...Reuters
Mon, Dec 29
ROI-Every mineral is critical in the new metals age: Andy Home
By Andy Home LONDON, Dec 29 (Reuters) - The U.S. Geological Survey's (USGS) updated critical minerals list now encompasses 60 different materials, representing around 80% of all the mined commodities on the periodic table. Some are well-known industrial inputs such as copper, nickel and zinc....Reuters
Mon, Dec 29
Exxonmobil Reports Valve Malfunction Resulted In Flaring At Beaumont, Texas Refinery
Dec 29 (Reuters) - Exxon Mobil Corp XOM.N:REPORTS VALVE MALFUNCTION RESULTED IN FLARING AT BEAUMONT, TEXAS REFINERYSOURCE: SOUTHEAST TEXAS ALERTING NETWORK - COMMUNITY ALERTCAPACITY: 612,000 BARRELS PER DAYReuters
Mon, Dec 29
