News
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Radiant raises over $300 million to build nuclear microreactors
Dec 17 (Reuters) - Startup Radiant said on Wednesday it has raised over $300 million in its latest funding round, to mass-produce portable nuclear reactors.The funding round was led by Draper Associates and Boost VC and included new funding from Founders Fund, ARK Venture Fund, Chevron Technology Ve...Reuters
Wed, Dec 17
US deciding whether to reconsider approval of Virginia offshore wind project
Dec 17 (Reuters) - The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting a review of offshore wind le...Reuters
Wed, Dec 17
US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports
Dec 17 (Reuters) - The United States is preparing a further round of sanctions targeting Russia's energy sector to increase pressure on Moscow should it reject a peace deal with Ukraine, Bloomberg News reported on Wednesday, citing people familiar with the matter.A White House official told Reut...Reuters
Wed, Dec 17
UN chief Guterres urges maximum restraint in Yemen after separatist advance
UNITED NATIONS, Dec 17 (Reuters) - United Nations Secretary-General Antonio Guterres on Wednesday urged all parties in Yemen to exercise maximum restraint after an advance by southern separatists that risks rekindling a 10-year-old civil war after a long lull.He also said the operating environme...Reuters
Wed, Dec 17
Tankers carrying Venezuela's oil byproducts depart from largest port, data says
By Marianna ParragaDec 17 (Reuters) - At least two tankers carrying Venezuelan oil byproducts including methanol and petroleum coke departed on Wednesday from the OPEC country's largest port, Jose, according to ship tracking data and internal documents from state company PDVSA.The United States,...Reuters
Wed, Dec 17
UN chief Guterres urges maximum restraint in Yemen after separatist advance
UNITED NATIONS, Dec 17 (Reuters) - United Nations Secretary-General Antonio Guterres on Wednesday urged all parties in Yemen to exercise maximum restraint after an advance by southern separatists that risks rekindling a 10-year-old civil war after a long lull.He also said the operating environment h...Reuters
Wed, Dec 17
Tanker carrying Venezuela's methanol bound for Europe departs from Venezuela, data says
Dec 17 (Reuters) - A tanker carrying Venezuelan methanol bound for Europe departed on Wednesday from the OPEC country's largest port, Jose, according to ship tracking data and internal documents from state company PDVSA.The United States, which on Tuesday said it would impose a blockage on all v...Reuters
Wed, Dec 17
Trump administration to dissolve key climate research agency
Move is latest effort to gut climate-related researchAgency says cuts would deprive US of competitive advantageBy Valerie VolcoviciWASHINGTON, Dec 17 (Reuters) - The Trump administration said on Tuesday evening it will dissolve a key federal climate science research center in Colorado, its latest ef...Reuters
Wed, Dec 17
Global lithium prices spike but remain below 2024 average, says Chile's Cochilco
SANTIAGO, Dec 17 (Reuters) - Global lithium carbonate prices have risen significantly in recent weeks due to increased uncertainty over supplies and an improved outlook for future demand, though they remain below last year's average, Chilean state agency Cochilco said in a report on Wednesday.On...Reuters
Wed, Dec 17
US allows oil sales from Russia's Sakhalin-2 project through June 18
WASHINGTON, Dec 17 (Reuters) - The U.S. Treasury allowed oil sales from Russia's Sakhalin-2 project through June 18 next year, a move that likely allows production of liquefied natural gas from the project to continue. The move is important for U.S. ally Japan, which gets about 9% of its LNG fro...Reuters
Wed, Dec 17
Outokumpu Completes Personnel Negotiations In Finland, Sweden And Germany
Dec 17 (Reuters) - Outokumpu Oyj OUT1V.HE:OUTOKUMPU COMPLETES PERSONNEL NEGOTIATIONS IN FINLAND, SWEDEN AND GERMANYIN TOTAL, RESTRUCTURING PROGRAM IS EXPECTED TO IMPACT APPROXIMATELY 650 FULL-TIME POSITIONS BY END OF 2027TO RECORD EUR 35 MILLION RESTRUCTURING PROVISION IN Q4 2025TO RECORD A RESTRUCT...Reuters
Wed, Dec 17
US natural gas futures rise 3% on strong LNG export flows
Near-record gas flows to LNG export plants boost futuresMilder weather forecasts reduce natural gas demandRecord gas output allows for ample storageGlobal gas prices fall amid mild winter, Ukraine peace hopesBy Scott DiSavino NEW YORK, Dec 17 (Reuters) - U.S. natural gas futures climbed about 3% ...Reuters
Wed, Dec 17
CBOT Trends-Wheat flat-down 1 cent, corn flat-up 2 cents, soy mixed
CHICAGO, Dec 17 (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 Wednesday: WHEAT - Steady to down 1 cent per bushelCBOT wheat Wv1 faced pressure from plentiful world supplies after droppi...Reuters
Wed, Dec 17
SOFTS-Arabica coffee hits near three-month low, cocoa extends recovery
LONDON, Dec 17 (Reuters) - Arabica coffee futures on the ICE exchange hit near three-month lows on Wednesday as export sales pick up in top grower Brazil amid an improved 2026 production outlook, while cocoa extended its recovery. COFFEEArabica coffee KCc2 was down 0.2% at $3.5140 per lb at 1400...Reuters
Wed, Dec 17
Venezuela's PDVSA resuming oil cargo deliveries after cyberattack, sources say
Dec 17 (Reuters) - Venezuela's state-run oil company PDVSA was on Wednesday resuming oil cargo deliveries at its terminals following a cyberattack this week that affected its centralized administrative systems, sources close to its operations said.The company, which is facing the U.S. announceme...Reuters
Wed, Dec 17
FACTBOX-Storms knock out power to over 580,000 homes and businesses in Pacific Northwest
By Scott DiSavino NEW YORK, Dec 17 (Reuters) - Over 580,000 homes and businesses remained without power in the U.S. Pacific Northwest on Wednesday following severe storms overnight, according to data from PowerOutage.us.The hardest-hit utilities included Puget Sound Energy in Washington State wit...Reuters
Wed, Dec 17
Trump to sign order easing restrictions on marijuana this week, media reports say
Dec 17 (Reuters) - U.S. President Donald Trump is expected to sign an executive order on Thursday reclassifying marijuana to ease federal restrictions, according to CNN, which cited a source familiar with the planning and a senior White House official. The official added that the timing could shi...Reuters
Wed, Dec 17
Freeport LNG export plant in Texas to take in more natgas, data shows
NEW YORK, Dec 17 (Reuters) - U.S. liquefied natural gas company Freeport LNG's Texas export plant was set to take in more natural gas on Wednesday, implying that one of its three liquefaction trains has resumed service after shutting down on Tuesday, data from financial firm LSEG showed.The plan...Reuters
Wed, Dec 17
