News
Important Only
India says no dumping in premium basmati rice exports to US
NEW DELHI, Dec 15 (Reuters) - India rejected on Monday U.S. accusations that it is "dumping" rice in the United States, saying its rice exports are primarily premium-grade basmati which typically commands higher prices than non-basmati varieties. U.S. President Donald Trump said las...Reuters
Mon, Dec 15
PRECIOUS-Gold gains 1% on safe-haven demand, softer dollar ahead of US jobs data
Dollar Non-farm payrolls data due on TuesdayMarkets pricing in two US rate cuts next year By Pablo Sinha Dec 15 (Reuters) - Gold climbed 1% on Monday to hover near a seven-week high, supported by a weaker dollar, expectations of interest rate cuts and safe-haven buying due to geopolitical tensio...Reuters
Mon, Dec 15
U.S. demands EU exempt its gas from methane emissions law, document shows
BRUSSELS, Dec 15 (Reuters) - The United States government has demanded that the European Union exempts the U.S. from obligations under the bloc's methane emissions law on oil and gas imports until 2035, a U.S. government document seen by Reuters on Monday showed.The document, circulated to EU me...Reuters
Mon, Dec 15
Kazakhstan hopes to speed up replacement of damaged mooring at CPC's Black Sea terminal
Exports reduced after SPM-2 damaged in Ukrainian drone attackSPM-1 operational, SPM-3 under maintenance since mid-NovemberDivers working under a dome to install underwater hoses at SPM-3By Tamara Vaal ASTANA, Dec 15 (Reuters) - The delivery of two new mooring points, to replace damaged and old eq...Reuters
Mon, Dec 15
Greece arrests five over cocaine trafficking on ship from Venezuela to Europe
ATHENS, Dec 15 (Reuters) - Greek police have arrested five suspected members of an international crime ring trafficking an estimated seven tonnes of cocaine from Venezuela to Europe on a Greek-operated fishing vessel, two police officials said on Monday. The arrests, in various parts of Greece, foll...Reuters
Mon, Dec 15
Korea Zinc to build $7.4 bln smelter in US
SEOUL, Dec 15 (Reuters) - Korea Zinc 010130.KS said on Monday that it plans to build a smelter to produce key metals and minerals in the United States in a project that would cost $7.4 billion. Korea Zinc said the U.S. government asked the company to build the facilities, to respond to the expan...Reuters
Mon, Dec 15
Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire
Daily oil shipping rates at three-year highsNearly 44% of global VLCC fleet is older than 15 yearsOver 900 tankers are subject to Western sanctionsBy Jonathan Saul and Jeslyn LerhLONDON/SINGAPORE, Dec 15 (Reuters) - The cost of shipping oil is likely to remain high in the first half of 2026 as the g...Reuters
Mon, Dec 15
Acciona Energia to sell assets to MIP in US and Mexico for $1 billion
Dec 15 (Reuters) - Acciona Energia ANE.MC has reached an agreement with Mexico Infrastructure Partners (MIP) FEXI21.MX to sell wind and solar assets in the U.S. and Mexico for $1 billion, the Spanish power company said on Monday in a regulatory filing.The agreement includes the sale of a 49% stake i...Reuters
Mon, Dec 15
VinFast will increase investment in Indonesia to up to $1 billion, executive says
JAKARTA, Dec 15 (Reuters) - Vietnamese electric vehicle maker VinFast VFS.O will increase its investment in Indonesia to up to $1 billion, its local unit chief executive told Reuters on Monday.The statement came after VinFast Indonesia inaugurated its first manufacturing plant in Indonesia on Monday...Reuters
Mon, Dec 15
Acciona Energia To Sell Wind And Solar Portfolio In US And Mexico For US$1 Bln
Dec 15 (Reuters) - Corporacion Acciona Energias Renovables SA ANE.MC:AGREES TO SELL WIND AND SOLAR PORTFOLIO IN THE US AND MEXICO FOR US $1BLNAGREEMENT WITH MEXICO INFRASTRUCTURE PARTNERS (MIP) FOR SALE OF 49% STAKE IN 1.3GW PHOTOVOLTAIC PORTFOLIO IN THE U.S. AND FULL STAKE IN TWO WIND FARMS IN MEXI...Reuters
Mon, Dec 15
VinFast will increase investment in Indonesia to up to $1 billion, executive says
JAKARTA, Dec 15 (Reuters) - Vietnamese electric vehicle maker VinFast VFS.O will increase its investment in Indonesia to up to $1 billion, its local unit chief executive told Reuters on Monday.The statement came after VinFast Indonesia inaugurated its first manufacturing plant in Indonesia on Monday...Reuters
Mon, Dec 15
Kazakhstan sees arbitration ruling on Karachaganak before year-end
ASTANA, Dec 15 (Reuters) - Kazakhstan's energy minister, Yerlan Akkenzhenov, said on Monday that a ruling in an arbitration case involving an international consortium developing the Karachaganak oil and gas condensate field was expected before year-end. Speaking to reporters in the capital Astan...Reuters
Mon, Dec 15
PRECIOUS-Gold rises on softer dollar, yields as markets eye US jobs data
Dollar Non-farm payrolls data due on TuesdayANZ flags silver downside risks on possible U.S. tariff exemptions, stretched valuations vs goldBy Sherin Elizabeth Varghese Dec 15 (Reuters) - Gold held near a more than seven-week high on Monday on a weaker dollar and lower U.S. yields ahead of ke...Reuters
Mon, Dec 15
TABLE-North Sea gas maintenance schedule: Revises Kollsnes outage
Dec 15 (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 15
ROI-US squeeze on Venezuela oil won’t create global crunch: Bousso
By Ron Bousso LONDON, Dec 15 (Reuters) - The United States' tightening grip on Venezuela’s oil exports could strangle the country's crude output and cut off President Nicolas Maduro's main economic lifeline, but it will have limited impact on the global market.The U.S. Coast Guard las...Reuters
Mon, Dec 15
Kazakhstan sees arbitration ruling on Karachaganak before year-end
ASTANA, Dec 15 (Reuters) - Kazakhstan's energy minister, Yerlan Akkenzhenov, said on Monday that a ruling in the arbitration case involving an international consortium developing the Karachaganak oil and gas condensate field is expected before year-end. The Central Asian country in 2023 launched...Reuters
Mon, Dec 15
