News
Important Only
Dominion Energy Says Halting Coastal Virginia Offshore Wind Project Will Increase Energy Costs, Threaten Jobs
Dec 22 (Reuters) - Dominion Energy Inc D.N:DOMINION ENERGY - "STOPPING COASTAL VIRGINIA OFFSHORE WIND PROJECT WILL LEAD TO ENERGY INFLATION & THREATEN THOUSANDS OF JOBS"DOMINION ENERGY: CVOW IS ESSENTIAL FOR AMERICAN NATIONAL SECURITY AND MEETING VIRGINIA'S GROWING ENERGY NEEDSReuters
Mon, Dec 22
North Sea Crude-Forties weakens, WTI rises
LONDON, Dec 22 (Reuters) - North Sea Forties crude weakened and U.S. WTI Midland rose on Monday. PLATTS WINDOWIndications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).Two cargoes traded, a trade source said.Forties: Glencore bought a J...Reuters
Mon, Dec 22
FEATURE-AI data boom in Mexico fuels rise in dirty energy
Data center boom helps drive fossil fuel revivalMexico's grid modernization lags AI needsNatural gas seen as temporary solution for Big TechBy Diana Baptista and Fintan McDonnellQUERETARO, Mexico, Dec 22 (Thomson Reuters Foundation) - Mexico is attracting ever more sprawling data centers but a s...Reuters
Mon, Dec 22
EU wheat extends rebound on Black Sea war concerns
PARIS, Dec 22 (Reuters) - Euronext wheat rose for a third session on Monday to extend a rebound from contract lows as attacks by Ukraine and Russia on each other's Black Sea coastlines sparked some short-covering, traders said.March wheat BL2H6, the most active contract on Paris-based Euronext, ...Reuters
Mon, Dec 22
Cheniere Energy completes Train 4 at Corpus Christi Liquefaction Stage 3 project in Texas
HOUSTON, Dec 22 (Reuters) - Cheniere Energy LNG.N on Monday said it completed Train 4 at its Corpus Christi Liquefaction Stage 3 project in Gregory, Texas.The company said that the CCL Stage 3 project, which will comprise seven mid-scale trains with more than 10 million metric tons per annum of LNG ...Reuters
Mon, Dec 22
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
US tried to intercept two more ships over the weekendChina and Venezuela condemn US actions as violations of international lawBy Marianna Parraga Dec 22 (Reuters) - Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action...Reuters
Mon, Dec 22
GRAINS-Wheat leads grains higher with Russian strikes in focus
Russian strikes on Ukrainian ports rekindle war concernsEasing dollar, higher crude help soybeans come off 8-week lowBy Heather Schlitz CHICAGO, Dec 22 (Reuters) - Chicago wheat rebounded on Monday as reports of more Russian strikes on Ukrainian port infrastructure rekindled concerns about war ri...Reuters
Mon, Dec 22
Equinor says it is evaluating impact of US pause on leases for five offshore wind projects
COPENHAGEN, Dec 22 - Norwegian energy group Equinor EQNR.OL said on Monday it was evaluating the impact of a stop work order issued by the United States administration for offshore wind projects under construction.The U.S. Department of Interior earlier on Monday said it had suspended leases for fiv...Reuters
Mon, Dec 22
Mercedes Benz agrees to $149.6 million settlement with US states over excess diesel emissions
WASHINGTON, Dec 22 (Reuters) - Mercedes Benz has reached a $149.6 million settlement with U.S. states to resolve a long-running investigation into allegations of diesel emissions cheating by the German automaker, New York Attorney General Letitia James said Monday.Under the settlement with 48 U.S. s...Reuters
Mon, Dec 22
Russia's Lavrov discusses escalation in Caribbean with Venezuelan counterpart, Foreign Ministry says
MOSCOW, Dec 22 (Reuters) - Russian Foreign Minister Sergei Lavrov and Venezuelan counterpart Yvan Gil "expressed serious concern over Washington's escalating actions in the Caribbean Sea" in a phone call on Monday, Russia's Foreign Ministry said."The Russian side has confirmed it...Reuters
Mon, Dec 22
Pension dispute could prolong strike at Brazil's Petrobras
By Marta Nogueira and Rodrigo Viga Gaier RIO DE JANEIRO, Dec 22 (Reuters) - A dispute involving about 50,000 retired Petrobras PETR3.SA employees over payment deductions may prolong a strike at the Brazilian state-run oil firm, union leaders and executives told Reuters.Resolving a deduction of ro...Reuters
Mon, Dec 22
SOFTS-Robusta coffee recovers from 4-month low; sugar, cocoa also gain
LONDON, Dec 22 (Reuters) - Robusta coffee futures on the ICE exchange recovered on Monday from four-month lows hit in the prior session, with farmers in top grower Vietnam said to be holding back sales.Sugar and cocoa also gained. COFFEERobusta coffee LRCc2 rose 1.5% to $3,724 per metric ton by ...Reuters
Mon, Dec 22
CBOT Trends-Wheat up 6-7 cents, corn up 2-4, soybeans up 5-7
CHICAGO, Dec 22 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday: WHEAT - Up 6 to 7 cents per bushelCBOT wheat Wv1 gained ground as Russian strikes on Ukrainian port infrastructure ...Reuters
Mon, Dec 22
Glencore buys majority stake in Dutch fuel company FincoEnergies
By Robert Harvey and Enes TunagurLONDON, Dec 22 - Global commodities trader and miner Glencore GLEN.L has agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed sum, the Dutch company said on Monday.Glencore will use the deal to expand its footprint in Northwest E...Reuters
Mon, Dec 22
China hits EU dairy with tariffs, broadening trade conflict
China's duties seen as retaliation for EU's EV tariffsChina imported $589 mln of dairy products covered by investigation in 2024Local Chinese dairy industry faces oversupply and falling prices BEIJING/BRUSSELS, Dec 22 (Reuters) - China will impose provisional duties of up to 42.7% on dair...Reuters
Mon, Dec 22
GRAINS-Wheat leads grains higher with Black Sea war risks in focus
Russian strikes on Ukrainian ports rekindle war concernsEasing dollar, higher crude help soybeans come off 8-week lowBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Dec 22 (Reuters) - Chicago wheat rose 1% on Monday as reports of more Russian strikes on Ukrainian port infrastructure rekindled ...Reuters
Mon, Dec 22
US pausing five offshore wind projects over national security concerns, Burgum says
Dec 22 (Reuters) - The Trump administration will suspend the leases for five under-construction offshore wind projects over national security concerns, Interior Secretary Doug Burgum said in an interview on Fox Business on Monday.Reuters
Mon, Dec 22
Ukraine's military hits Russian oil terminal in Krasnodar region, Kyiv says
KYIV, Dec 22 (Reuters) - Ukraine's military hit a Tamanneftegaz oil terminal in Russia's Krasnodar region in an overnight attack, causing explosions and a fire, the Ukrainian General Staff said on Monday.It said in a statement on the Telegram app that the oil terminal was part of Russia'...Reuters
Mon, Dec 22
