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Exxonmobil Beaumont Complex, Texas, Reports Maintenance Activity
Feb 25 (Reuters) - Exxon Mobil Corp XOM.N: REPORTS MAINTENANCE ACTIVITY RESULTING IN INCREASED ACTIVITY AND FLARING AT BEAUMONT COMPLEX IN TEXASSOURCE: SOUTHEAST TEXAS ALERTING NETWORK (STAN)THE BEAUMONT COMPLEX HOUSES A 612,000 BARREL-PER-DAY OIL REFINERYReuters
Wed, Feb 25
Renewable energy company EDPR's 2025 recurring profit jumps 50% on US growth
LISBON, Feb 25 (Reuters) - EDP Renovaveis EDPR.LS, the world's fourth-largest wind energy producer, said on Wednesday recurring net profit rose 50% in 2025, driven by strong U.S. capacity expansion despite lower capital gains, while projecting a further increase in EBITDA this year.The renewab...Reuters
Wed, Feb 25
UK's Ofgem Says Energy Prices Will Go Down By 7% From 1 April to 30 June
Feb 25 (Reuters) - UK's Ofgem:UK'S OFGEM : FROM 1 APR TO 30 JUN ENERGY PRICES WILL GO DOWN BY £117 OR 7% FOR A TYPICAL HOUSEHOLD WHO USE ELECTRICITY AND GAS AND PAY BY DIRECT DEBITUK'S OFGEM : COMPARED TO THE LEVEL BETWEEN APRIL AND JUNE 2025, IT IS 11% OR £208 LOWERUK'S OFGEM : ANNU...Reuters
Wed, Feb 25
TABLE-UAE's Fujairah oil inventory data for week ended February 23
Feb 25 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended February 23, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...Reuters
Wed, Feb 25
Citi Lowers Annual 2026 Henry Hub Price Average To $3.2/Mmbtu From $3.7/Mmbtu
Feb 25 (Reuters) - CITI:SAYS ANNUAL 2026 HENRY HUB PRICE AVERAGE IS REVISED LOWER FROM $3.7/MMBTU TO $3.2/MMBTUSAYS 0-3M HENRY HUB PRICE TARGET REVISED LOWER FROM $3.0/MMBTU TO $2.5/MMBTUSAYS PRICES SHOULD AVERAGE $2.8/MMBTU IN 2Q26, $3/MMBTU IN 3Q26 AND $3.6/MMBTU IN 4Q26SAYS NET INJECTION SHOULD B...Reuters
Wed, Feb 25
ROI-US AI boom faces electric shock: Bousso
By Ron Bousso LONDON, Feb 25 (Reuters) - Big Tech’s race to dominate artificial intelligence may soon hit a nasty road bump as U.S. electricity grids struggle to keep pace with the big-spending hyperscalers.America’s technology giants, including Microsoft MSFT.O, Amazon AMZN.O, Alphabet GOOGL.O a...Reuters
Wed, Feb 25
TABLE-North Sea gas maintenance schedule
Feb 25 (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
Wed, Feb 25
TECHNICALS-CBOT corn neutral in $4.38-1/4 to $4.40-3/4 range
SINGAPORE, Feb 25 (Reuters) - CBOT corn CK26 looks neutral in a range of $4.38-1/4 to $4.40-3/4 per bushel, and an escape could suggest a direction.A break below $4.38-1/4 may trigger a fall into $4.34 to $4.36-3/4 range. However, the bias might be toward the upside, as the contract is testing $4.40...Reuters
Wed, Feb 25
Renewables firm EDPR's 2025 recurring profit jumps 50% on U.S. growth
LISBON, Feb 25 (Reuters) - EDP Renovaveis EDPR.LS, the world's fourth-largest wind energy producer, said on Wednesday recurring net profit rose 50% in 2025, driven by strong U.S. capacity expansion, even as capital gains fell. The renewables arm of Portugal's EDP EDP.LS said that recurring...Reuters
Wed, Feb 25
Iraq's West Qurna 2 could boost output to up to 800,000 bpd under Chevron, minister says
Feb 25 (Reuters) - Iraq's West Qurna 2 oilfield currently produces about 450,000 barrels per day and could raise output to between 750,000 and 800,000 bpd when Chevron takes over operations, Iraq's oil minister told Rudaw on Wednesday.Reuters
Wed, Feb 25
Oil: Middle East risks and energy price swings – Rabobank
Rabobank's Senior Global Strategist Michael Every underlines that escalating geopolitical tensions could drive significant volatility in energy markets. He points to rising frictions involving Iran, Israel and the US, and suggests conflict timing remains uncertain.Fxstreet
Wed, Feb 25
ROI-Congo's cobalt curbs expose China's critical metals weak spot: Andy Home
By Andy Home LONDON, Feb 25 (Reuters) - China's dominance of critical mineral supply chains is not as absolute as it may appear. Cobalt is a case in point. China accounted for 78% of global refined output of the battery metal in 2024, according to the International Energy Agency. But it lacks...Reuters
Wed, Feb 25
PRECIOUS-Gold climbs 1% as US tariff uncertainty lifts safe-haven demand
Spot gold rises 1%Silver up 3% to a three-week highPlatinum, palladium also scale three-week highsU.S. starts collecting temporary new 10% global import tariffBy Ishaan Arora Feb 25 (Reuters) - Gold prices climbed 1% on Wednesday, as investors flocked to the safe-haven metal during Asian trading,...Reuters
Wed, Feb 25
US warned Ukraine not to hit US interests in strikes on Russia energy infrastructure, envoy says
State Department demarche came after strike on Russian portUkraine does not feel abandoned by US, envoy saysUkraine seeks US support for sanctions against Russia, bipartisan backing expectedBy Andrea Shalal WASHINGTON, Feb 24 (Reuters) - The U.S. State Department told the Ukrainian government to ...Reuters
Wed, Feb 25
U.S. trade action deals blow to Indian solar makers
By Sethuraman N R NEW DELHI, Feb 25 (Reuters) - India's plans to strengthen its position in the U.S. solar market face a setback after Washington moved to impose steep countervailing duties on solar cells and panels shipped from some Asian hubs, analysts and industry representatives said.The ...Reuters
Wed, Feb 25
TECHNICALS-CBOT soybeans to rise to $11.78-1/2
For more technical analyses, please click SINGAPORE, Feb 25 (Reuters) - The CBOT soybean May contract SK26 is expected to rise to $11.78-1/2 per bushel, as suggested by an expanding wedge and a projection analysis.The pattern looks bullish, as the market is about to break the upper trendline. For th...Reuters
Wed, Feb 25
PRECIOUS-Gold rises as US tariff uncertainty lifts safe-haven demand
Spot gold hit a three-week high in the previous sessionLater on Tuesday, bullion fell more than 1% on profit-takingU.S. starts collecting temporary new 10% global import tariffBy Ishaan Arora Feb 25 (Reuters) - Gold prices climbed on Wednesday as investors flocked to the safe-haven metal during A...Reuters
Wed, Feb 25
GRAINS-Soybeans jump to 3-month high on Chinese demand hopes
Soybeans rise 0.8% to highest since mid-November Market optimistic on China's imports of U.S. soybeansBy Naveen Thukral SINGAPORE, Feb 25 (Reuters) - Chicago soybeans climbed to a three-month high on Wednesday, buoyed by optimism over Chinese demand as comments from Beijing eased some concern...Reuters
Wed, Feb 25
