News
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Chile raises mining investment forecast through 2034 to $105 billion
SANTIAGO, Dec 11 (Reuters) - Chile's mining investment is expected to reach $104.549 billion from this year through 2034, state-run agency Cochilco said on Thursday, up from last year's estimate of about $83 billion through 2033.Reuters
Thu, Dec 11
Repsol To Sell 43.8% Stake In Solar Project To Stonepeak For 220 Mln Euros
Dec 11 (Reuters) - Repsol SA REP.MC:SIGNS NEW AGREEMENT WITH STONEPEAKSTONEPEAK WILL ACQUIRE A 43.8% STAKE IN 629 MW OUTPOST SOLAR PROJECT FOR $252.5 MILLION (€220 MILLION)TRANSACTION IMPLIES AN ASSET VALUATION OF APPROXIMATELY $775 MILLION (€675 MILLION)TRANSACTION TO BE COMPLETED IN COMING MONTHSS...Reuters
Thu, Dec 11
Cenovus forecasts higher 2026 output after completing MEG takeover
Dec 11 (Reuters) - Cenovus Energy CVE.TO on Thursday set its 2026 capital budget at up to C$5.3 billion ($3.8 billion) and forecast higher 2026 production as the Canadian oil producer integrates its recent purchase of MEG Energy and ramps up growth projects across its oil sands business.The outlook ...Reuters
Thu, Dec 11
Brazil crop agency cuts 2025/26 soy output forecast
SAO PAULO, Dec 11 (Reuters) - Brazilian crop agency Conab on Thursday lowered the country's 2025/26 soybean production forecast by around 550,000 metric tons to 177.12 million tons, still a record if the projection is confirmed. The agency cited irregular rainfall in some areas last month, which...Reuters
Thu, Dec 11
EU reaches provisional deal on screening foreign investment
BRUSSELS, Dec 11 (Reuters) - The European Union reached a provisional agreement on Thursday on new rules to require all its members to screen foreign investment into the bloc in sensitive sectors such as defence, AI or critical minerals and determine if they threaten economic security. Rep...Reuters
Thu, Dec 11
Rain has flooded Gaza tents and a baby died of exposure, medics say
Torrential rain forces families to flee flooded tents at nightGaza officials say they lack equipment to manage the floods1.5 million Gazans are displaced, tents and shelter neededDistraught mother says her baby died of cold suddenlyBy Nidal al-Mughrabi and Ramadan Abed CAIRO/GAZA, Dec 11 (Reuters...Reuters
Thu, Dec 11
SSE Says Planning Consent Granted For Cambushinnie Substation
Dec 11 (Reuters) - SSE PLC SSE.L:SSE: PLANNING CONSENT GRANTED FOR CAMBUSHINNIE SUBSTATION - WEBSITESSE: CONSTRUCTION OF THE CAMBUSHINNIE 400KV SUBSTATION IS EXPECTED TO BEGIN LATER NEXT YEAR, FOLLOWING COMPLETION OF THE PROPOSED HAUL TRACK-WEBSITEReuters
Thu, Dec 11
Gold eases after divided Fed rate cut vote; silver hits new high
Fed cut rates by 25 basis points on WednesdayNovember non-farm payrolls due next weekSilver hits record high at $62.88/ozBy Pablo Sinha Dec 11 (Reuters) - Gold edged lower on Thursday, as traders weighed the U.S. Federal Reserve's divided vote on a quarter-percentage-point interest rate cut,...
Ukraine hands revised 20-point peace plan proposal to US, ABC News reports
Dec 11 (Reuters) - Ukraine had handed the U.S. a revised 20-point peace plan to end the war with Russia, ABC News reported on Thursday, citing a Ukrainian official. The revised plan contains "some new ideas" regarding territories and control over the Zaporizhzhia Nuclear Power Plant, th...Reuters
Thu, Dec 11
Hungary to buy more Azeri gas, MOL close to upstream deal, foreign minister says
BUDAPEST, Dec 11 (Reuters) - Hungary will buy 800 million cubic meters of natural gas from Azerbaijan over two years based on a deal signed by Hungary's MVM and Azerbaijan's SOCAR, Hungary's Foreign Minister Peter Szijjarto told a briefing on Thursday. Szijjarto also said that Hungary&#...Reuters
Thu, Dec 11
Cenovus Energy forecasts higher production in 2026
Dec 11 (Reuters) - Canada's Cenovus Energy CVE.TO on Thursday forecast higher crude production for 2026 as major oil sands projects near completion. The company expects upstream production between 945,000 and 985,000 barrels of oil equivalent per day (boepd) for 2026, surpassing 2025's f...Reuters
Thu, Dec 11
RPT-ROI-Permian to retain US oil crown even after hitting peak: Bousso
By Ron Bousso LONDON, Dec 11 (Reuters) - Oil production in the Permian basin is poised to peak in December, a watershed moment for the U.S. shale boom that upended the global energy market over the past 15 years. Yet drilling innovations mean output in America’s most prolific oil patch will hold ...Reuters
Thu, Dec 11
US senators push USDA for urgent action on bird flu vaccine
Senators tell USDA to prioritize science in bird flu vaccine developmentUSDA pledged $100 million for bird flu vaccine research in MarchPoultry industry divided on vaccination due to trade concernsBy Leah Douglas WASHINGTON, Dec 11 (Reuters) - A bipartisan group of U.S. senators this week urged t...Reuters
Thu, Dec 11
Kremlin says Russia is interested in foreign investment after report of major U.S. plans
MOSCOW, Dec 11 (Reuters) - The Kremlin said on Thursday that Russia was interested in attracting additional foreign investment after the Wall Street Journal reported that the U.S. plan for peace in Ukraine includes proposals to invest in Russian rare earths and energy.The Journal said the plans, de...Reuters
Thu, Dec 11
RUBBER-Japan futures ease on firmer yen, snap 4-day rally
TOKYO, Dec 11 (Reuters) - Japanese rubber futures eased on Thursday, snapping a four-day rally as a stronger yen against the U.S. dollar prompted some selling, while traders booked profits after the U.S. Federal Reserve cut interest rates as expected.The Osaka Exchange (OSE) rubber contract for Ma...Reuters
Thu, Dec 11
Drax plans to turn coal-era power station into data centre by 2027
Drax plans 100-megawatt data centre at Yorkshire site by 2027Shares rise 2% as 2025 profit forecast at top end of market viewBy Raechel Thankam Job and Susanna Twidale LONDON, Dec 11 (Reuters) - Drax Group DRX.L said on Thursday it could convert part of its power station in Yorkshire, northern En...Reuters
Thu, Dec 11
Kremlin says Russia is open to foreign investment after report of major U.S. plans
MOSCOW, Dec 11 (Reuters) - The Kremlin said on Thursday that Russia was open to foreign investment after a Wall Street Journal report that U.S. President Donald Trump's plan for peace in Ukraine includes major proposals to invest in Russian rare earths and energy.The newspaper said the plans wer...Reuters
Thu, Dec 11
