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RPT-ROI-Texas makes clean power breakthrough as solar output overtakes coal: Maguire
By Gavin MaguireLITTLETON, Colorado, Dec 9 (Reuters) - For the first time, Texas' main power system looks set to generate more power from solar farms than coal plants during a calendar year in 2025, marking a key new energy transition milestone for the largest power network in the U.S. The Elect...Reuters
Tue, Dec 9
NEWSMAKER-Canada's newest oil tycoon shakes up sector with bold expansion plan
Strathcona plans to increase production to 300,000 bpd by 2035Company is one of North America's fastest-growing oil producersWaterous known for outspoken styleBy Amanda Stephenson CALGARY, Dec 9 (Reuters) - Canadian banker-turned-oil-tycoon Adam Waterous, an industry outsider who lives in a R...Reuters
Tue, Dec 9
Airlines warn green fuel goals at risk as supply falls short
SAF production not meeting expected volumes, says IATA's Willie WalshSAF currently 0.3% of global jet fuel usage, projected 0.7% by 2025Airlines blame producers for high SAF prices, insufficient productionBy Joanna Plucinska and Olivia Le Poidevin GENEVA, Dec 9 (Reuters) - The global airline ...Reuters
Tue, Dec 9
Thyssenkrupp CEO: we always have plan B for steel should talks with Jindal falter
ESSEN, Germany, Dec 9 (Reuters) - Thyssenkrupp TKAG.DE has a backup plan for its steel division if talks to sell it to India's Jindal Steel International should collapse, CEO Miguel Lopez told journalists on Tuesday at the group's annual press conference."We always have a plan B up our s...Reuters
Tue, Dec 9
Iraq discusses oil investment with Chevron, Lukoil assets in West Qurna-2 field
Dec 9 (Reuters) - Iraqi Prime Minister Mohammed Shia al-Sudani discussed potential investments in the Nasiriyah oilfield with U.S. major Chevron CVX.N on Tuesday, as well as possible cooperation at Russia's Lukoil-operated West Qurna-2 field, the company's largest foreign asset.Chevron and E...Reuters
Tue, Dec 9
Greek farmers continue nationwide blockades to protest delayed funding
Farmers face $698.6 million shortfall due to corruption scandalGovernment open to discussions, promises more aid this monthProtests disrupt transport, airports and border crossingsBy Angeliki Koutantou and Renee Maltezou ATHENS, Dec 9 (Reuters) - Greek farmers continued their nationwide blockades...Reuters
Tue, Dec 9
US container imports drop 7.8% in November amid China demand slump, Descartes Systems says
By Lisa BaertleinLOS ANGELES, Dec 9 (Reuters) - U.S. container imports fell 7.8% in November from the year earlier, due to soft demand for goods from China and one less day in the Thanksgiving holiday month, supply chain technology provider Descartes Systems Group DSG.TO said on Tuesday.Seaports han...Reuters
Tue, Dec 9
PRECIOUS-Gold rises as markets brace for Fed guidance on easing path
Analysts expect 'hawkish' US interest rate cutFOMC policy meeting on December 9-10By Arunima Kumar and Pablo Sinha Dec 9 (Reuters) - Gold rose on Tuesday as investors positioned for the widely expected December Federal Reserve rate cut, even as attention shifted to whether policymake...Reuters
Tue, Dec 9
Airlines warn green fuel goals at risk as supply falls short
SAF production not meeting expected volumes, says IATA's Willie WalshSAF currently 0.3% of global jet fuel usage, projected 0.7% by 2025Airlines blame producers for high SAF prices, insufficient productionBy Joanna Plucinska and Olivia Le Poidevin GENEVA, Dec 9 (Reuters) - The global airline ...Reuters
Tue, Dec 9
TABLE-North Sea gas maintenance schedule: Adds Taqa outage
Dec 9 (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.OPERATORLOCATIONOUTAGE...Reuters
Tue, Dec 9
2025 will be world's second or third-hottest year on record, EU scientists say
By Kate Abnett BRUSSELS, Dec 9 (Reuters) - This year is set to be the world's second or third-warmest on record, potentially surpassed only by 2024'S record-breaking heat, the European Union's Copernicus Climate Change Service (C3S) said on Tuesday.The data is the latest from C3S foll...Reuters
Tue, Dec 9
ROI-Europe's second 'China shock' is blessing in disguise: Klement
By Joachim Klement LONDON, Dec 9 (Reuters) - China's export machine is slamming into Europe again. European manufacturers are feeling increasing pressure from a surge of cheap Chinese imports for the second time in two decades.The European Union likely has little interest and few effective to...Reuters
Tue, Dec 9
PRESS DIGEST- New York Times business news - December 9
Dec 9 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Paramount PSKY.O on Monday mounted a hostile takeover bid for Warner Bros. Discovery WBD.O at $30 per share in cash, valuing the co...Reuters
Tue, Dec 9
Australia nears gas market review that could squeeze LNG exporters
By Helen ClarkPERTH, Dec 9 (Reuters) - Australia is set to issue a gas market review that could curb exports of liquefied natural gas from its east coast, where three operators led by firms such as Shell SHEL.L and Santos STO.AX send cargoes to Asia and beyond.The review, which industry watchers exp...Reuters
Tue, Dec 9
PRECIOUS-Gold prices dip as markets brace for 'hawkish' Fed tone
US 10-year Treasury yields hit near 2-1/2-month high on MondayAnalysts expect 'hawkish' US interest rate cutFOMC policy meeting on December 9-10By Ishaan Arora Dec 9 (Reuters) - Gold edged down on Tuesday as investors, having mostly priced in a Federal Reserve rate cut, looked ahead for c...Reuters
Tue, Dec 9
US military developing small refineries for critical minerals
Army program aims to refine antimony and other critical mineralsAntimony will be first, with annual output of 7 to 9 metric tonsTungsten, rare earths, boron also eyed for refiningBy Ernest Scheyder Dec 9 (Reuters) - The U.S. military said it plans to develop a fleet of small-scale refineries to p...Reuters
Tue, Dec 9
