News
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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
Thailand cuts Laos fuel route as Cambodia border conflict deepens
Border clashes between Thailand and Cambodia enter second weekAt least 38 people dead and half a million displaced on both sidesSome fuel sent to Laos going to Cambodian forces, Thai military saysCambodia says Thai air force striking deep inside its territoryBy Panu Wongcha-um BANGKOK/PHNOM PENH,...Reuters
Mon, Dec 15
Two new mooring points to be delivered to CPC's Black Sea oil terminal in January - minister
ASTANA, Dec 15 (Reuters) - The delivery of two new mooring points to the Caspian Pipeline Consortium's Black Sea terminal has been brought forward to January from April, Kazakhstan's Energy Minister Yerlan Akkenzhenov said on Monday.Reuters
Mon, Dec 15
Mitsubishi Chemical Group: To Double Carbon Fiber Production Capacity In Japan, U.S. For High-End Applications Across Sports, Aerospace And Other Sectors By 2027
Dec 15 (Reuters) - Mitsubishi Chemical Group Corp 4188.T:MITSUBISHI CHEMICAL GROUP - TO DOUBLE CARBON FIBER PRODUCTION CAPACITY IN JAPAN, U.S. FOR HIGH-END APPLICATIONS ACROSS SPORTS, AEROSPACE AND OTHER SECTORS BY 2027Source text: https://www.mcgc.com/english/news_release/02502.htmlReuters
Mon, Dec 15
EU yields to pressure from automakers as it rethinks 2035 combustion car ban
European Commission expected to make announcement on TuesdayBan could be pushed back 5 years or softened indefinitely -sourcesMost significant climb-down on EU green policies of past 5 yearsEV makers say reneging on ban would yield more ground to ChinaBy Philip Blenkinsop, Nick Carey and Marie Manne...Reuters
Mon, Dec 15
GRAINS-Soybeans slip to seven-week low as speculators unwind bullish bets
CANBERRA, Dec 15 (Reuters) - Chicago soybean futures slipped to a seven-week low on Monday as traders liquidated long positions in response to tepid U.S. export demand and the upcoming Brazilian harvest. Wheat futures fell as large production in Argentina and Australia added to a plentiful supply....Reuters
Mon, Dec 15
