News
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Austria eyes renewables, African gas to cut US LNG dependence, junior minister says
Energy security, US reliance top concerns, minister saysAustria hopes to diversify via African gas, renewablesOECD countries' energy ministers in Paris for biennial meetingBy America Hernandez PARIS, Feb 18 - Austria is seeking to expand renewable energy and increase gas imports from Africa t...Reuters
Wed, Feb 18
California, Colorado and Washington sue Trump administration to unlock funding for clean energy projects
By Peter Henderson SAN FRANCISCO, Feb 18 (Reuters) - California, Colorado and Washington are suing the federal government to force it to pay out grants approved by Congress for clean energy projects, the California attorney general's office said on Wednesday.The Trump administration terminate...Reuters
Wed, Feb 18
US EPA plans to loosen mercury rules for coal plants this week, NYT reports
Feb 18 (Reuters) - The Trump administration plans to loosen restrictions on coal-burning power plants this week, allowing them to emit more hazardous pollutants including mercury, the New York Times reported on Wednesday.Senior U.S. Environmental Protection Agency officials are expected to announce ...Reuters
Wed, Feb 18
PRECIOUS-Gold surges over 2% on geopolitical jitters despite Fed rate‑path split
Fed minutes show division, talk of rate hikesGold rebounds from one-week lowDecember PCE data due on FridaySilver rises more than 5% By Anmol Choubey Feb 18 (Reuters) - Gold rose more than 2% on Wednesday, as investors assessed simmering geopolitical risks, even as minutes from the U.S. Federal R...Reuters
Wed, Feb 18
US Cash Grains-Corn and soybean basis bids mostly steady
CHICAGO, Feb 18 (Reuters) - Basis bids for corn and soybeans were largely flat at elevators, processors, river terminals and ethanol plants in a spot check of locations in the U.S. Midwest on Wednesday. The corn basis was lower at a grain elevator in Cincinnati, Ohio. It was unchanged elsewhere in t...Reuters
Wed, Feb 18
US says oil companies must pay local taxes, fees to Venezuelan government
WASHINGTON, Feb 18 (Reuters) - The U.S. Treasury Department said on Wednesday that companies working in the Venezuelan oil business must pay local taxes, permits and fees to the government of Venezuela, while royalties and federal taxes must be paid into a fund managed by the United States. The Trea...Reuters
Wed, Feb 18
Some Democrats to boycott Trump State of the Union for rally
Boycott highlights deepening partisan tensions Event to occur on National Mall outdoors near Capitol White House says, 'It's not a surprise'By Richard CowanWASHINGTON, Feb 18 (Reuters) - A group of liberal U.S. lawmakers will abandon President Donald Trump’s State of the Union speech on ...Reuters
Wed, Feb 18
PRECIOUS-Gold rises as investors weigh geopolitical risks, await Fed minutes
Gold rebounds from one-week lowJanuary FOMC minutes due at 2 p.m. ETDecember PCE data due on FridaySilver rises more than 6% By Anmol Choubey Feb 18 (Reuters) - Gold rose more than 2% on Wednesday, as investors assessed simmering geopolitical risks and awaited the U.S. Federal Reserve's Janua...Reuters
Wed, Feb 18
Golden Pass moves closer to producing first LNG with increased natural gas flows into facility
Golden Pass project to be major US LNG export facilityExxon CEO expects LNG production to start in MarchProject faced delays, cost overruns, and contractor bankruptcyBy Curtis WilliamsFeb 18 (Reuters) - Golden Pass, an LNG project jointly owned by Exxon Mobil XOM.N and QatarEnergy QUATPE.UL, pulled ...Reuters
Wed, Feb 18
Some Democrats to boycott Trump State of the Union for rally
Boycott highlights deepening partisan tensions Event to occur on National Mall outdoors near Capitol No immediate White House responseBy Richard CowanWASHINGTON, Feb 18 (Reuters) - A group of liberal U.S. lawmakers will abandon President Donald Trump’s State of the Union speech on Tuesday for an out...Reuters
Wed, Feb 18
EXCLUSIVE-US refiners Phillips 66, Citgo seek to buy crude directly from Venezuela, sources say
Phillips 66, Citgo seek to purchase directly starting in April, Valero later in the yearVenezuelan crude prices ease amid US Gulf Coast supply surgeDirect purchases may face challenges under general license By Nicole Jao, Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 18 (Reuters) - U.S. ref...Reuters
Wed, Feb 18
GRAINS-Price of soybeans at three-month high on China demand hopes
Soybeans climb to highest price since mid-November on demand expectationsWheat futures rebound after 2% slideCorn little changedBy Heather Schlitz CHICAGO, Feb 18 (Reuters) - Chicago soybean futures hit their highest price in three months on Wednesday, supported by high U.S. crushing levels and e...Reuters
Wed, Feb 18
Suriname, Guyana exploring possible gas interconnection, Staatsolie says
GEORGETOWN, Feb 18 (Reuters) - A pipeline between neighbors Guyana and Suriname to transport gas from their offshore projects would be of 'high interest' to increase the availability of the fuel, said on Wednesday the managing director of Suriname's state-run Staatsolie, Annand Jagesar.B...Reuters
Wed, Feb 18
EU wheat steadies with weather and exports in focus
PARIS, Feb 18 (Reuters) - Euronext wheat edged up on Wednesday after a three-day fall as a weather-fuelled rebound in Chicago futures offset pressure from a firmer euro that was adding to a tough export outlook, traders said.May milling wheat BL2K6, the most active position on Euronext, was up 0.7% ...Reuters
Wed, Feb 18
US natural gas futures hit four-month low on mild weather, near-record output
Mild weather reduces heating demand, impacting gas storageWaha Hub prices remain negative due to pipeline constraintsUS LNG exports on track for monthly record high in FebruaryBy Scott DiSavinoNEW YORK, Feb 18 (Reuters) - U.S. natural gas futures eased to a fresh four-month low on Wednesday on near-...Reuters
Wed, Feb 18
Rare earths surge above price floor given to MP Materials
By Eric Onstad LONDON, Feb 18 (Reuters) - Prices of two key rare earths, crucial for making super-strong magnets used in EVs and defence equipment, have rallied on firm demand and bottlenecks in supply, above a ground-breaking price floor provided by the U.S. last year to miner MP Materials.The n...Reuters
Wed, Feb 18
Nine skiers still missing, six rescued, after California avalanche
Skiers were returning from a three-day excursion when avalanche struckRescue teams contending with dangerous conditions Avalanches claim an average of 27 lives each winter in the U.S. By Rich McKay and Steve GormanFeb 18 (Reuters) - Nine skiers were still missing early on Wednesday after an avalanch...Reuters
Wed, Feb 18
