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Holders of Venezuelan bond secure payment pact with Elliott's affiliate, representative says
HOUSTON, Aug 18 (Reuters) - Holders of a defaulted Venezuelan bond have reached a preliminary settlement agreement with Amber Energy, an affiliate of hedge fund Elliott Investment Management, as part of an improved bid for Citgo Petroleum's parent submitted earlier this month, a representative o...Reuters
Mon, Aug 18
Power Up: Oil market on hold ahead of Ukraine talks
Aug 18 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil prices are down slightly to start the week ahead ofU.S.-Ukraine talks following Friday's inconclusive meeting between U.S. President Donald Trump and Russian President Vladimir Putin. Crude had closed Friday&#...Reuters
Mon, Aug 18
ANALYSIS-Tough US stance casts gloom over plastics pollution deal after Geneva flop
Trump administration seen digging in on positions, delegates sayNegotiations described as 'chaotic', with some blaming UNChina acknowledges need to address full-life cycle of plasticsBy Olivia Le Poidevin and Emma Farge GENEVA, Aug 18 (Reuters) - The collapse on Friday of a sixth round of...Reuters
Mon, Aug 18
Gupta lawyers fail to appear for Trafigura fraud case hearing
By Eric Onstad LONDON, Aug 18 (Reuters) - Lawyers representing Indian businessman Prateek Gupta said they failed to appear for a hearing on Monday because of funding difficulties in a long-running fraud case brought by commodity trader Trafigura about nickel cargoes, a London court heard.Geneva-b...Reuters
Mon, Aug 18
Gas demand at two of the top US LNG plants declines
HOUSTON, Aug 18 (Reuters) - Two of the United States' largest liquefied natural gas export plants recorded major declines in demand for natural gas on Monday, suggesting parts of their facilities might be down, according to data from financial firm LSEG.Cheniere's LNG.N Sabine Pass export fa...Reuters
Mon, Aug 18
China extends probe into EU dairy products as trade tussle goes on
China extends year-old anti-subsidy probe by another six monthsEU industry expected move given ongoing Chinese technical visitsChina also probing EU pork amid electric vehicle row with EUBy Ella Cao and Joe Cash BEIJING, Aug 18 (Reuters) - China extended on Monday its anti-subsidy investigation i...Reuters
Mon, Aug 18
Caspian pipeline suspends one mooring point for maintenance for three weeks
MOSCOW, Aug 18 (Reuters) - The Caspian Pipeline Consortium (CPC) halted operations at one of three mooring points, SMP-3, on August 15 for maintenance that will take up to three weeks, it said on Monday.Loadings have been carried out through SMP-1 and SMP-2, it added. CPC usually utilises two moo...Reuters
Mon, Aug 18
Caspian pipeline says it suspends one mooring point for maintenance for three weeks
MOSCOW, Aug 18 (Reuters) - The Caspian Pipeline Consortium (CPC) said on Monday it has halted operations at one of three mooring points, SMP-3, on August 15 for maintenance for up to three weeks.It also said loadings have been carried out through SMP-1 and SMP-2.Reuters
Mon, Aug 18
Peru's copper production rises in June backed by Chinese firms
LIMA, Aug 18 (Reuters) - Peru's copper production rose 7.1% year-on-year in June, thanks mostly to higher output from Chinese firms, the country's Energy and Mines Ministry said on Monday.The world's third-largest copper producer said output in the month totaled 228,932 metric tons.Produ...Reuters
Mon, Aug 18
Technicality and simplicity key to Mexico's multiperil parametric deal: Lockton's Monsalve
By Henry GaleAug 18 - (The Insurer) - The multiperil parametric insurance program now in place for the government of Mexico aims to hit a "sweet spot" by providing a technical solution that is simple to understand, Lockton's Diego Monsalve told Parametric Insurer.Lockton, in partnership ...Reuters
Mon, Aug 18
Lukoil's Volgograd refinery halts oil processing after drone attacks, sources say
MOSCOW, Aug 18 (Reuters) - Russian oil giant Lukoil's LKOH.MM Volgograd refinery has been shut down after being hit by drone attacks, two sources familiar with the matter said on Monday.Ukraine intensified drone attacks on Russian oil facilities last week, targeting major refineries and oil depo...Reuters
Mon, Aug 18
Canada PM Carney urges Air Canada, flight attendants' union to resolve strike
Aug 18 - Canadian Prime Minister Mark Carney on Monday said it's disappointing that negotiations between Air Canada and the union representing its flight attendants have not resulted in an agreement on a new contract, and he urged both sides to resolve the strike as soon as possible."We are ...Reuters
Mon, Aug 18
CBOT Trends-Corn and wheat down 1-4 cents, soybeans down 2-5
CHICAGO, Aug 18 (Reuters) - The 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. CDT (1330 GMT) on Monday. WHEAT - down 1 to 4 cents per bushelWheat futures Wv1 lower on ample global supplies and spillover pressure fro...Reuters
Mon, Aug 18
Eni Signs Deal For BlackRock's GIP To Enter ENI CCUS Holding Share Capital
Aug 18 (Reuters) - Eni SpA ENI.MI:SIGNS AGREEMENT FOR GIP TO ENTER ENI CCUS HOLDING’S SHARE CAPITALAGREEMENT INVOLVES BLACKROCK, RELATED TO THE SALE OF A STAKE OF 49.99% IN ENI CCUS HOLDINGCOMPANY HAS THE RIGHT TO ACQUIRE THE 50% HELD BY ENI OF RAVENNA CCS PROJECT IN ITALYCOMPANY WILL BE ABLE TO INC...Reuters
Mon, Aug 18
Energy MGU Navitas hires Carrington as European head
By Michael JonesAug 18 - (The insurer) - MGU Navitas Assurance Partners has appointed Paul Carrington as senior director and head of Europe.Carrington, who confirmed the appointment via LinkedIn on Monday, said he would be working to accelerate the growth of the MGU's European platform.He has jo...Reuters
Mon, Aug 18
South Africa's Q2 farm exports to the US surge, but tariffs dampen prospects
Aug 18 (Reuters) - South Africa's produce exports to the United States rose 26% in the second quarter following strong harvests, Agriculture Minister John Steenhuisen said on Monday, but a 30% tariff imposed by President Donald Trump could affect future shipments.South Africa is fighting for low...Reuters
Mon, Aug 18
