News
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Sweden's AP7 pension fund bans another 35 companies from its investments
OSLO, Dec 8 (Reuters) - Sweden's AP7 government pension fund has added 35 companies to its portfolio blacklist, mostly fossil fuel producers, excluded from its investments on environmental sustainability grounds, the fund's operator said on Monday.The list of new exclusions included France&#...Reuters
Mon, Dec 8
Antero to buy HG Energy's gas producing assets in $2.8 billion deal
By Yagnoseni DasDec 8 (Reuters) - Antero Resources AR.N said on Monday it would buy assets from privately held HG Energy in a deal valued at $2.8 billion, as the U.S. natural gas producer looks to expand its footprint.Separately, Antero Midstream AM.N, which handles gathering and water services for ...Reuters
Mon, Dec 8
FACTBOX-US utilities on dealmaking spree to blockbuster 2025
Dec 8 (Reuters) - With electricity demand in the U.S. set to hit record highs over the next two years, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans.The dealmaking spree comes as the industry prepares f...Reuters
Mon, Dec 8
US natural gas futures drop 6% on less cold forecasts, near-record output
Near-record gas output allows for increased storage levelsUS weather forecast to remain seasonal through late DecemberGlobal gas prices at 19-month lows on Ukraine peace talks, mild winterGas flows to LNG export plants near record highExtreme cold over past week boosted US cash prices to highest sin...Reuters
Mon, Dec 8
G7 discussed ways to strengthen critical mineral supply chains, Japan finmin says
TOKYO, Dec 8 (Reuters) - Finance ministers from the Group of Seven major countries have met online to discuss how to beef up supply chains for rare earths and other critical minerals, Japanese Finance Minister Satsuki Katayama said on Monday.Speaking to reporters, Katayama said she had told her coun...Reuters
Mon, Dec 8
CORRECTED-Vale to boost autonomous truck fleet in deal with Caterpillar
By Marta NogueiraRIO DE JANEIRO, Dec 8 (Reuters) - Brazilian miner Vale VALE3.SA has signed an agreement with Caterpillar CAT.N and Sotreq to quintuple its autonomous off-road truck fleet by 2028 at its Northern System area, Executive Vice President of Operations Carlos Medeiros told Reuters."Th...Reuters
Mon, Dec 8
EXCLUSIVE-Iraq shuts down Lukoil's West Qurna 2 field due to leak, sources say
BASRA, Iraq, Dec 8 (Reuters) - Iraq has shut down the entire oil production at Lukoil's LKOH.MM West Qurna 2 oilfield, one of the world's largest, due to a leak on an export pipeline, two Iraqi energy officials told Reuters on Monday.Lukoil declared force majeure last month at West Qurna 2 a...Reuters
Mon, Dec 8
Fluor completes construction of second liquefaction train at LNG Canada Project
Dec 8 (Reuters) - Fluor Corp FLR.N said on Monday it has completed the construction of the second liquefaction train of LNG Canada, marking the completion of the first phase of Canada's first first major LNG export facility.Reuters
Mon, Dec 8
Exxon, Aramco, Samref to explore major upgrade of Yanbu refinery
Dec 8 (Reuters) - Exxon Mobil XOM.N, Saudi's Aramco 2222.SE and Samref on Monday signed an agreement to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.The companies intend to explore capital investments to...Reuters
Mon, Dec 8
Greek farmers block borders, airport and roads in protest at delayed EU farm subsidies
ATHENS, Dec 8 (Reuters) - Greek farmers disrupted traffic at border crossings and at an airport on the island of Crete on Monday, as well as blocking roads across the country, as they stepped up protests begun after investigations into corruption led to the delay of European Union subsidies. Thousan...Reuters
Mon, Dec 8
CBOT Trends-Wheat up 2-3 cents, corn and soybeans up 1-2 cents
CHICAGO, Dec 5 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday. WHEAT - Up 2 to 3 cents per bushelWheat moved higher on expectations of greater export demand, though ample global s...Reuters
Mon, Dec 8
Exxon, Aramco, Samref to explore major upgrade of Yanbu refinery
Dec 8 (Reuters) - Exxon Mobil XOM.N, Saudi's Aramco 2222.SE and Samref signed an agreement on Monday to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.Reuters
Mon, Dec 8
EXCLUSIVE-Kazakhstan to supply some Kashagan oil to China directly due to CPC damage, sources say
MOSCOW, Dec 8 (Reuters) - Kazakhstan plans to supply 50,000 metric tons of crude to China directly from the vast Kashagan field in December for the first time after a Ukrainian drone damaged the Black Sea terminal of the Caspian Pipeline Consortium (CPC), two sources told Reuters.The CPC, which acco...Reuters
Mon, Dec 8
Magnum's $9.1 billion ice cream listing leaves some investors cold
Shares open in Amsterdam below reference price Spinoff creates world's largest standalone ice cream businessMagnum CEO says independent company will be more agile, focusedMagnum faces anti-obesity push, troubles with Ben & Jerry's By Alexander Marrow and Dimitri Rhodes LONDON, Dec 8 ...Reuters
Mon, Dec 8
Iraq shuts down Lukoil West Qurna 2 field due to leak, sources say
BASRA, Iraq, Dec 8 (Reuters) - Iraq has shut down the entire oil production at Lukoil's LKOH.MM West Qurna 2 field of around 460,000 barrels per day due to a leak on an export pipeline, two Iraq energy officials told Reuters on Monday.West Qurna 2 is one of the world's biggest fields, with o...Reuters
Mon, Dec 8
NextEra Energy forecasts higher adjusted profit growth in 2026
Dec 8 (Reuters) - NextEra Energy NEE.N on Monday raised its adjusted profit forecast for the current-year as well as 2026, as the utility benefits from a surge in power demand driven by data centers. This move comes amid increased power demand driven by data centers strains grids across the country ...Reuters
Mon, Dec 8
PRESS DIGEST-Canada - December 8
Dec 8 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canada's Air Transat said it will begin suspending flights on Monday, after its pilots' union issued a strike notice f...Reuters
Mon, Dec 8
Trump to unveil $12 billion aid for farmers hit by trade war, White House official says
WASHINGTON, Dec 8 (Reuters) - U.S. President Donald Trump was set to unveil a $12 billion aid package for American farmers affected by his trade policies, a White House official said on Monday. The announcement was due to be made at a 2 p.m. (1900 GMT) roundtable at the White House, the official sai...Reuters
Mon, Dec 8
Kazakhstan's CPC oil pipeline will not return to full export capacity before December 11, sources say
Exports fall after part of CPC terminal damaged by attackSPM-3 repairs delayed until mid-December CPC diverts oil to alternative pipelines MOSCOW, Dec 8 (Reuters) - Kazakhstan's Caspian Pipeline Consortium, which accounts for 1% of global crude supply, will not return to full export capacity ...Reuters
Mon, Dec 8
German foreign minister: China willing to prioritise European supply bottlenecks
Dec 8 (Reuters) - German Foreign Minister Johann Wadephul said on Monday that China had signalled it would give priority to addressing minerals supply shortages among European manufacturers in a dispute over rare earths export restrictions. The minister, who is on a two-day trip in China, spoke a...Reuters
Mon, Dec 8
