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US gas firms EQT, Range boost output plans for 2025
Range reduces spending, boosts production estimates for 2025EQT maintains spending, increases 2025 gas output expectationsAnalysts focus on EQT's Pennsylvania gas supply dealsBy Scott DiSavino July 23 (Reuters) - U.S. energy companies EQT EQT.N and Range Resources RRC.N expect to produce more...
Reuters
Wed, Jul 23
Puerto Rico ends talks on New Fortress' $20 billion supply deal, Bloomberg News reports
July 23 (Reuters) - Puerto Rico is ending talks to negotiate a $20 billion liquefied natural gas contract with New Fortress Energy NFE.O, Bloomberg News reported on Wednesday, citing a negotiator.
Reuters
Wed, Jul 23
US Plains HRW Wheat-Basis bids flat as low prices discourage selling
CHICAGO, July 23 (Reuters) - Spot basis bids for U.S. Plains hard red winter wheat were flat in the U.S. Plains on Wednesday as trade was quiet and low wheat prices discouraged farmer selling, dealers said. Ample global supply has kept wheat prices under pressure. Russia, the world's biggest whe...
Reuters
Wed, Jul 23
GRAINS-CBOT wheat futures dip; corn down on friendly weather, spread-trading
Minneapolis spring wheat see some pressure from early North Dakota yield projectionsCorn futures affected by crop-friendly weather forecastsSoybean futures rise on weak dollar, trade deal hopesBy P.J. Huffstutter CHICAGO, July 23 (Reuters) - Chicago Board of Trade wheat futures fell on Wednesday ...
Reuters
Wed, Jul 23
Top copper producer Chile still without details on U.S. tariffs, officials say
By Fabian Cambero SANTIAGO, July 23 (Reuters) - Chile's mining minister and the chairman of the world's biggest copper producer, Codelco, said on Wednesday they have not yet received details on 50% copper tariffs due to be imposed by the United States on August 1."At this point, we...
Reuters
Wed, Jul 23
Top copper producer Chile still without details on U.S. tariffs, officials say
SANTIAGO, July 23 (Reuters) - Chile's mining minister and the chairman of the world's biggest copper producer, Codelco, said on Wednesday they have not yet received details on 50% copper tariffs due to be imposed by the United States on August 1."At this point, we're all waiting,"...
Reuters
Wed, Jul 23
Germany's Merz says he is hearing there could be trade decisions
BERLIN, July 23 (Reuters) - German Chancellor Friedrich Merz said on Wednesday he had just heard that there may be decisions being made on trade policy with the United States."We will discuss some very current issues together, including the current trade policy, about which we are hearing in the...
Reuters
Wed, Jul 23
US Republicans continue push to override California animal welfare law
California law was upheld by Supreme Court in 2023Trump administration has sued the state over chicken welfare provisionHouse Republicans look to limit the law's scope in next farm bill By Leah Douglas WASHINGTON, July 23 - U.S. Republicans continued on Wednesday a years-long effort to overri...
Reuters
Wed, Jul 23
Freeport-McMoRan still waiting for US copper tariff details, CEO says
Freeport's Q2 profit beats estimates despite lower copper production Freeport eyes expansion of U.S. copper smelterFreeport may ship Indonesian copper to U.S.By Ernest Scheyder and Tanay Dhumal July 23 (Reuters) - Freeport-McMoRan FCX.N has yet to see details of U.S. President Donald Trump&...
Reuters
Wed, Jul 23
Microsoft SharePoint hack affected US Energy Department, nuclear weapons agency
July 23 (Reuters) - A U.S. Department of Energy spokesperson said that on July 18 a Microsoft MSFT.O SharePoint zero-day vulnerability impacted its systems, including those of the National Nuclear Security Administration, which oversees the nation's nuclear weapons stockpile."The department ...
Reuters
Wed, Jul 23
Three people trapped underground at a Newmont mine in Canada, says official
OTTAWA, July 23 (Reuters) - Three people are trapped underground at a western Canadian mine operated by Newmont Corporation NEM.N, a senior elected official said on Wednesday, adding that a rescue operation was under way.David Eby, premier of the Pacific province of British Columbia, said the three ...
Reuters
Wed, Jul 23
Iberdrola raises $5.9 billion to fund growth in US and Britain
Iberdrola plans to expand focus on power grids in US, BritainAnnual investments will increase to 15 billion euros from 12 billionShares down 4.7% at closeBy Pietro Lombardi MADRID, July 23 (Reuters) - Europe's largest utility Iberdrola IBE.MC raised 5 billion euros ($5.87 billion) through a c...
Reuters
Wed, Jul 23
EXCLUSIVE-In rare move, California steps in to find buyer for Valero refinery to avoid closure, sources say
Rare for states to broker sale of privately-owned infrastructureClosure could increase gasoline prices, already highest in U.SHF Sinclair among those approached; held talks last year for dealBy Nicole Jao, David French and Shariq Khan NEW YORK, July 23 (Reuters) - California government officials ...
Reuters
Wed, Jul 23
Libya's Mellitah Oil and Gas to work with U.S. firm Hill International on gas project
TRIPOLI, July 23 (Reuters) - Mellitah Oil and Gas will work with U.S. construction consulting firm Hill International to manage a project which aims to boost Libya's gas output, the country's National Oil Company (NOC) said in a statement on Wednesday. NOC said a cooperation agreement was si...
Reuters
Wed, Jul 23
US Cash Grains-Soy, corn basis bids mixed as farmers eye weather
CHICAGO, July 23 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Wednesday as selling remained slow and industry players kept a close eye on weather in the U.S. crop belts. The corn basis fell at a river terminal and two ethanol plants and rose at a river terminal...
Reuters
Wed, Jul 23
Europe Gasoline/Naphtha-Gasoline profit margins hold steady
LONDON, July 23 (Reuters) - Northwest European gasoline profit margins were broadly steady at about $13.17 a barrel on Wednesday as US inventories fell more than expected.A total of 9,200 metric tons of Eurobob E5 gasoline barges traded, slightly below the previous session's liquidity. Shell and...
Reuters
Wed, Jul 23
North Sea Crude-WTI Midland rises, Ekofisk declines
LONDON, July 23 (Reuters) - WTI Midland climbed and Ekofisk declined, due to deals. PLATTS WINDOW* Indications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).* There were two deals on Wednesday. * WTI Midland: T...
Reuters
Wed, Jul 23
EXCLUSIVE-China's Zijin leads race to buy Barrick’s Ivory Coast Tongon gold mine, sources say
Barrick reshaping portfolio as dispute with Mali continuesIvorian government favors local partnershipZijin has been expanding globally By Maxwell Akalaare Adombila DAKAR, July 23 (Reuters) - China's Zijin Mining 601899.SS is the front-runner to acquire Barrick Mining's Tongon gold mine in...
Reuters
Wed, Jul 23
EU wheat drops below 200 euros as ample supplies offset Russian cut
PARIS, July 23 (Reuters) - European wheat slipped below 200 euros a ton on Wednesday as ample global supplies outweighed reduced Russian crop estimates while traders watched for rain-related quality risks in Germany.Benchmark September milling wheat BL2U5 on Paris-based Euronext was down 1.9% by 160...
Reuters
Wed, Jul 23
METALS-LME copper rises to two-week high, COMEX hits record peak
By Eric Onstad LONDON, July 23 (Reuters) - U.S. copper prices hit a record high on Wednesday as the planned date for U.S. tariffs approached, while London levels edged up to their strongest in over two weeks on the back of a U.S.-Japan trade deal. U.S. COMEX copper futures HGc3 were up 1.8% a...
Reuters
Wed, Jul 23
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