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INSIGHT-Saudi Aramco bringing shale gas revolution to Arabian Desert
Saudi Aramco betting on $100 billion Jafurah natural gas projectAims to be a major global natural gas playerUS, Chinese firms bring shale techniques, Aramco adapts for desert conditionsSaudi gas drilling rose last year after oil capacity U-turnJafurah could yield up to 1 million bpd in condensates, ...
Reuters
Fri, Feb 27
CBOT Trends-Wheat up 12-13 cents, corn up 3-4, soybeans up 3-4
CHICAGO, Feb 27 (Reuters) - The 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 Friday: WHEAT - Up 12 to 13 cents per bushelCBOT wheat rose to fresh multi-month highs on Friday as investor concerns a...
Reuters
Fri, Feb 27
ROI-US copper mountain still growing after December import surge: Andy Home
By Andy Home LONDON, Feb 27 (Reuters) - The huge premium for delivering physical copper to the United States may have gone but the tariff trade tailwinds are still blowing hard. U.S. imports of refined metal appeared to be waning after the White House pushed back a decision on imposing tariffs in...
Reuters
Fri, Feb 27
Iran stored highly enriched uranium at underground site, IAEA report says
VIENNA, Feb 27 (Reuters) - Some of Iran's most highly enriched uranium, close to weapons grade, was stored in an underground area of its nuclear site in Isfahan, the U.N. nuclear watchdog said in a confidential report sent to member states on Friday and seen by Reuters.It is the first time the I...
Reuters
Fri, Feb 27
Venezuelan oil sale proceeds no longer routed through Qatar, US energy sec says
CORPUS CHRISTI, Feb 27 (Reuters) - The U.S. Secretary of Energy, Chris Wright, said on Friday that proceeds from sales of Venezuelan oil are no longer being routed through a fund in Qatar, but going directly to accounts handled by the U.S. Treasury Department.The reroute follows a U.S. executive ord...
Reuters
Fri, Feb 27
What is Israel's multi-layered defence against Iranian missiles?
JERUSALEM, February 27 (Reuters) - Israel has multi-layered air defences against Iranian ballistic missiles, an umbrella it may need to lean on as the United States and Iran teeter toward potential military conflict that could draw Iranian attacks on Israeli territory. ARROWThe long-range Arrow...
Reuters
Fri, Feb 27
Brazil prosecutors sue meatpacker MBRF over dozens of employees' miscarriages
By Ana ManoSAO PAULO, Feb 27 (Reuters) - Brazilian labor prosecutors accuse meatpacker MBRF MBRF3.SA of failing to protect pregnant employees in a lawsuit citing dozens of miscarriages allegedly linked to risk factors such as excessive noise on its production lines, court documents show. Investigato...
Reuters
Fri, Feb 27
Trucks of soybeans back up at Brazil river port, slowing export of record harvest
Truckers brave long lines to offload cargos at MirititubaWorld #1 soybean producer relying more on northern exportsIndigenous protests set back investment in river shippingBy Adriano Machado, Ana Mano and Roberto Samora MIRITITUBA, Brazil, Feb 27 (Reuters) - Truck drivers in Brazil are facing unu...
Reuters
Fri, Feb 27
PRECIOUS-Gold heads for seventh straight monthly gain on safe-haven demand
Gold set for a monthly gain of more than 6%US-Iran tensions and tariffs are supporting prices, says analystSilver also set for monthly gainBy Noel John Feb 27 (Reuters) - Gold prices rose on Friday as uncertainty over U.S. tariff policies and U.S.-Iran tensions underpinned the metal's safe-ha...
Reuters
Fri, Feb 27
GRAINS-Wheat at new multi-month highs on Iran uncertainty
Risk of Iran conflict spurs short-coveringSoybeans still supported by demand expectations PARIS/JAKARTA, Feb 27 (Reuters) - U.S. and European wheat futures rose to fresh multi-month highs on Friday as investor concerns about the risk of a U.S.-Iran military conflict supported short-covering befor...
Reuters
Fri, Feb 27
CME approves first aluminium warehousing in Taiwan
Feb 27 (Reuters) - U.S. commodities exchange operator CME Group CME.O has approved its first aluminium storage facilities in Taiwan after receiving several applications for new warehousing in Asia, the biggest regional market for the metal. In two separate notices late on Thursday, CME said it had a...
Reuters
Fri, Feb 27
Global Partners Q4 sales miss estimates as wholesale business drags
OverviewEnergy terminal operator's Q4 sales missed analyst expectationsNet income for Q4 rose slightly compared to last yearGasoline Distribution segment offset weaker Wholesale performanceOutlookCompany enters 2026 focused on disciplined execution and portfolio investmentResult DriversGASOLINE ...
Reuters
Fri, Feb 27
Omani foreign minister to meet Vance in Washington, source familiar says
WASHINGTON, Feb 27 (Reuters) - Omani Foreign Minister Sayyid Badr Albusaidi will meet with Vice President JD Vance in Washington on Friday, a source familiar said, after talks to avert potential U.S. strikes on Iran amid a massive military buildup.
Reuters
Fri, Feb 27
German ministry plans to end subsidies for small solar power systems
BERLIN, Feb 27 (Reuters) - Germany's economy ministry plans to end subsidies for smaller solar power systems such as rooftop panels, according to a draft law seen by Reuters, pointing to lower prices for new solar cells and the government's drive to rein in energy costs."Subsidies for sy...
Reuters
Fri, Feb 27
PRECIOUS-Gold heads for seventh straight monthly gain on safe-haven demand
Gold set for a monthly gain of more than 6%US-Iran tensions and tariffs are supporting prices, says analystSilver also set for monthly gainBy Noel John Feb 27 (Reuters) - Gold prices were steady on Friday, on track for a seventh straight monthly gain as uncertainty over U.S. tariff policies and U...
Reuters
Fri, Feb 27
US grants permit for project to bring power to Puerto Rico from Dominican Republic, developer says
By Laila KearneyFeb 27 (Reuters) - The U.S. Department of Energy has granted a permit for a $2.5 billion power project to send electricity to Puerto Rico from the Dominican Republic, the company leading the development told Reuters on Friday, adding that this will be the Caribbean's first cross-...
Reuters
Fri, Feb 27
Acerinox CEO says trade uncertainty will fade, sees tariff benefits
By Javi West Larrañaga Feb 27 (Reuters) - Spanish steelmaker Acerinox ACX.MC expects trade uncertainty to fade and the advantages of U.S. tariffs on steel to continue to bear fruit for its business, its CEO Bernardo Velázquez told Reuters on Friday.The stainless steel and high-performance alloy p...
Reuters
Fri, Feb 27
Panoro Energy seeks new Equatorial assets after buying Kosmos stake
Panoro to bid in Equatorial Guinea's new auction roundLargest Block G shareholder after buying Kosmos stakeAiming to triple total oil production by 2030 By Wendell Roelf CAPE TOWN, Feb 27 (Reuters) - Africa-focused Panoro Energy PENR.OL will take part in Equatorial Guinea's oil and gas a...
Reuters
Fri, Feb 27
EU Commission probes Romania's revised plan for CE Oltenia restructuring
BRUSSELS, Feb 27 (Reuters) - The European Commission said on Friday it had opened an in-depth investigation into Romania's amended restructuring plan for state-owned lignite power holding company CE Oltenia.The Commission will assess whether the revised restructuring plan complies with EU State ...
Reuters
Fri, Feb 27
BASF is looking into legal claims by U.S. unit for tariff reimbursement
LUDWIGSHAFEN, Germany, Feb 27 (Reuters) - BASF's BASFn.DE CEO said if the chemical group finds its U.S. subsidiary has a legal claim, it will sue for import tariff reimbursement after the U.S. Supreme Court quashed many of President Donald Trump's tariffs. "If this change in regulations ...
Reuters
Fri, Feb 27
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