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GRAINS-Soybeans stuck at six-week low on China demand uncertainty
CANBERRA/PARIS, Dec 10 (Reuters) - Chicago soybean futures fell for a fourth consecutive session on Wednesday to hold at a six-week low amid doubts that China will buy enough U.S. beans to prevent prices from losing ground in a well-supplied market.Chicago wheat also eased for a fourth session, with...Reuters
Wed, Dec 10
REFILE-US House committee to take up Africa trade bill, but South Africa risks exclusion
Trade initiative dates from 2000 but elapsed in SeptemberHundreds of thousands of African jobs rely on the dealPretoria/Washington ties under strain JOHANNESBURG, Dec 10 (Reuters) - A U.S. House committee will on Wednesday consider a three-year extension to Washington's flagship trade initiat...Reuters
Wed, Dec 10
Venture Global hits back at Shell's fraud claims in LNG arbitration battle
Venture Global denies Shell's fraud claims, cites lack of evidenceShell accused of breaching arbitration confidentialityShell seeks commercial resolution despite arbitration challenge, according to emailBy Stephanie Kelly, Marwa Rashad and Curtis Williams LONDON, Dec 10 (Reuters) - Venture Gl...Reuters
Wed, Dec 10
Senegal plans to nationalise Kosmos-run Yakaar-Teranga gas project
Kosmos Energy owns 90% of the 25 trillion cubic feet fieldKosmos says its licence runs out in July 2026 DAKAR, Dec 10 (Reuters) - Senegal plans to nationalise the Yakaar-Teranga gas project, operated by Kosmos Energy KOS.N and estimated to be one of the world's largest discoveries in recent y...Reuters
Wed, Dec 10
South Africa's Transnet signs deal with ICTSI to upgrade main container terminal
JOHANNESBURG, Dec 10 (Reuters) - South African state logistics group Transnet signed a 25-year deal with Philippines-headquartered terminal operator ICTSI ICT.PS on Wednesday to upgrade the African country's busiest container terminal in Durban.The concession agreement is part of the government&...Reuters
Wed, Dec 10
Gold trades cautiously as markets brace for Fed interest rate call
Gold (XAU/USD) edges slightly lower on Wednesday, with price action contained inside the recent consolidation zone as markets brace for the Federal Reserve’s (Fed) interest rate decision. At the time of writing, XAU/USD is hovering near $4,200, down from the intraday high of $4,218.
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Wed, Dec 10
US holds first Gulf of Mexico oil and gas auction since 2023
Dec 10 (Reuters) - The Trump administration will hold the government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023 on Wednesday, a key test of industry appetite for offshore acreage at a time when the United States is seeking to unleash more domestic fossil fuel pr...Reuters
Wed, Dec 10
Kosmos says its Yakaar-Teranga licence in Senegal runs out in July
LONDON, Dec 10 (Reuters) - Kosmos Energy's licence for the Yakaar-Teranga gas field offshore Senegal expires in July 2026, a spokesperson said on Wednesday when asked about comments by the country's government saying it wants to nationalise the project.Reuters
Wed, Dec 10
Kazakhstan's oil output decline slows in December, source says
Output averaged 1.94 million bpd in Dec. 1–9, source saysDecline follows Ukrainian drone strike on CPC Black Sea terminal Kazakhstan to redirect some Kashagan oil to ChinaKarachaganak field restored output to planned level MOSCOW, Dec 10 (Reuters) - Kazakhstan's oil output decline slowed in ...Reuters
Wed, Dec 10
Putin meets Indonesia's Prabowo to discuss military and energy ties, wheat exports
Putin offers nuclear energy cooperation to IndonesiaSecond meeting in a week with Asian leader, following India tripPrabowo invites Putin to IndonesiaPutin notes slight fall in Russian wheat exports to IndonesiaMOSCOW, Dec 10 (Reuters) - Russian President Vladimir Putin told Indonesian President Pra...Reuters
Wed, Dec 10
INSIGHT-Wind and solar power frozen out of Trump permitting push
Power demand seen rising 32% by 2030, driven by AI expansionFederal delays threaten solar and wind projects on public and private landsRenewable plants are quicker to bring online, but Trump says less reliableBy Nichola Groom Dec 10 (Reuters) - U.S. President Donald Trump's freeze on approval...Reuters
Wed, Dec 10
RPT-ROI-Trump won’t turn Venezuela’s OPEC membership into a battleground: Bousso
By Ron Bousso LONDON, Dec 10 (Reuters) - Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government in the oil-rich country, as the U.S. is seeking to bolster its alliance with the cartel even as it expands its own sphere of influ...Reuters
Wed, Dec 10
ANALYSIS-US farmers say Trump's $12 billion aid package won't cover losses
Aid is 'lifeline, not long-term solution,' Farmers Union saysFarmers of major crops stand to lose $34-$44 billion this yearFarmers face low prices, high costs, lost exports due to trade disputesBy Leah Douglas and P.J. Huffstutter WASHINGTON, Dec 10 (Reuters) - U.S. farmers facing steep l...Reuters
Wed, Dec 10
Kazakhstan says it will divert some oil from Kashagan field to China after Ukrainian attack
Some oil to be diverted to China after attack on CPCCPC normally handles most exports via NovorossiyskAstana says exports via CPC have not been fully halted ASTANA, Dec 10 (Reuters) - Kazakhstan's energy ministry said on Wednesday it would redirect some oil from the giant Kashagan oil field ...Reuters
Wed, Dec 10
Putin to discuss wheat and military cooperation with Indonesia's Prabowo
MOSCOW, Dec 10 (Reuters) - Russian President Vladimir Putin said on Wednesday that Russia is ready to expand military and energy cooperation with Indonesia and would discuss wheat supplies.Putin spoke at a meeting in Moscow with President Prabowo Subianto.Reuters
Wed, Dec 10
Senegal plans to nationalise Kosmos-run Yakaar-Teranga gas project
DAKAR, Dec 10 (Reuters) - Senegal plans to nationalise the Yakaar-Teranga gas project, operated by Kosmos Energy KOS.N and estimated to be one of the world's largest discoveries in recent years, with a view to meeting domestic gas needs, the country's energy minister said.Kosmos Energy, whic...Reuters
Wed, Dec 10
ANALYSIS-EU sustainability cutbacks make low-carbon leaders harder to spot
Two sustainability disclosure rules watered downRequirement for climate transition plans also droppedInvestors warn will make it harder to assess companiesIndustry groups welcome the reduced reporting burdenBy Simon Jessop and Kate Abnett LONDON, Dec 10 (Reuters) - A reduction in scope of the...Reuters
Wed, Dec 10
RUBBER-Japan futures tick up on technical rebound, firm Chinese economic data
BEIJING, Dec 10 (Reuters) - Japanese rubber futures rose for a fourth consecutive session on Wednesday, supported by a technical rebound and firm Chinese economic data.The Osaka Exchange (OSE) rubber contract for May delivery JRUc6, 0#2JRU: was up 0.09% at 330.7 yen ($2.11) per kg.The rubber contr...Reuters
Wed, Dec 10
