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MMLS Units At Elba Plant Should Be Back Up By Weekend, Kinder Morgan Says
July 18 (Reuters) - KINDER MORGAN: GEORGIA ELBA LNG PLANT IS EXPERIENCING SCHEDULED MAINTENANCE FOR A SYSTEM UPGRADEMOVEABLE MODULAR LIQUEFACTION SYSTEM (MMLS) UNITS AT GEORGIA ELBA LNG PLANT SHOULD BE BACK UP BY THE WEEKENDReuters
Fri, Jul 18
EU wheat tracks Chicago rally with weather and exports in focus
PARIS, July 18 (Reuters) - Euronext wheat rose on Friday, tracking a sharp rebound in Chicago while traders assessed the ongoing harvest in Europe and early-season export prospects.September wheat BL2U5, the most-active position on Euronext, was up 1.0% at 201.50 euros ($234.71) a metric ton by 1458...Reuters
Fri, Jul 18
US Cash Grains-Corn, soybean basis mostly flat as futures rise
CHICAGO, July 18 (Reuters) - Spot basis bids for corn and soybeans delivered to U.S. Midwest processing plants and interior elevators were mostly steady on Friday, capped by higher futures prices ahead of the weekend.Farmer sales of both commodities have been slow this week as cash prices are hoveri...Reuters
Fri, Jul 18
Kinder Morgan Elba LNG export plant in Georgia starts to take in natgas, LSEG data shows
July 18 (Reuters) - U.S. energy firm Kinder Morgan's KMI.N Elba Island liquefied natural gas export plant in Georgia was on track to take in a small amount of natural gas on Friday, a sign it could be exiting a two-day maintenance outage, data from LSEG showed.Data from the financial firm said t...Reuters
Fri, Jul 18
INSTANT VIEW-Analysts on Chevron winning arbitration over Exxon in Hess deal
July 18 (Reuters) - Chevron CVX.N will proceed with its $53 billion acquisition of Hess HES.N after it prevailed in a landmark legal battle against larger rival Exxon Mobil XOM.N to gain access to the largest oil discovery in decades off the coast of Guyana.KIM FUSTIER, HEAD OF EUROPEAN OIL & GA...Reuters
Fri, Jul 18
Talen Energy rises on deal to buy power stations for $3.5 billion
July 18 (Reuters) - ** Shares of power producer Talen Energy TLN.O rise 21.2% to $320.7** Company said on Thursday it is acquiring two power plants in Pennsylvania and Ohio for $3.5 billion ** Talen expects the move to boost the company's cash flow by over 40% in 2026** It will pay $1.46 billion...Reuters
Fri, Jul 18
PREVIEW-US steelmakers eye mixed second quarter despite tariff-led price spikes
Nucor sees profit above estimates due to higher selling pricesSteel Dynamics expects lower profit due to inventory overhangHigher prices due to tariffs expected to benefit earnings in Q3By Aatreyee DasguptaJuly 18 (Reuters) - Top U.S. steelmakers' second-quarter fortunes are likely to be a mixed...Reuters
Fri, Jul 18
CANADA RESEARCH ROUNDUP-Boralex ,Pason Systems ,WSP Global
July 18 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Boralex , Pason Systems and WSP Global on Friday.HIGHLIGHTS * Boralex Inc BLX.TO: Scotiabank cuts to sector perform from sector outperform* Pason Systems Inc PSI.TO: TD Cowen cuts...Reuters
Fri, Jul 18
India's Reliance quarterly profit surges 78%, tops view
July 18 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Industries RELI.NS beat estimates for quarterly profit on Friday, powered by strong growth in its energy, retail and digital services businesses.Consolidated profit soared 78.3% to 269.94 billion rupees ($3.14 billion)for the quarte...Reuters
Fri, Jul 18
Talen Energy rises on deal to buy power stations for $3.5 billion
July 18 (Reuters) - ** Shares of power producer Talen Energy TLN.O rise 20.2% to $318.5** Company on Thursday said it is acquiring two power plants in Pennsylvania and Ohio for $3.5 billion ** Talen expects the move to boost the company's cash flow by over 40% in 2026** Co will pay $1.46 billion...Reuters
Fri, Jul 18
RPT-GLOBAL LNG-Asian spot LNG prices decline on muted demand, high inventories
By Marwa Rashad LONDON, July 18 (Reuters) - Asian spot liquefied natural gas (LNG) prices declined this week due to weaker demand and strong inventories and as buyers in south Asia found current prices too high.The average LNG price for September delivery into north-east Asia LNG-AS was at $12.30...Reuters
Fri, Jul 18
US natgas prices climb 2% to 3-week high as heat boosts air conditioning demand
July 18 (Reuters) - U.S. natural gas futures climbed about 2% to a three-week high as hot weather forces power generators to burn lots of gas to keep air conditioners humming and a slow but steady rise in gas flows to liquefied natural gas (LNG) export plants.Reuters
Fri, Jul 18
GLOBAL LNG-Asian spot LNG prices decline on muted demand, high inventories
By Marwa Rashad LONDON, July 18 (Reuters) - Asian spot liquefied natural gas (LNG) prices declined this week due to weaker demand and strong inventories and as buyers in south Asia found current prices too high.The average LNG price for September delivery into north-east Asia LNG-AS was at $12.30...Reuters
Fri, Jul 18
UK, India likely to unveil trade deal next week, including whisky, EVs, textiles, sources say
By Manoj Kumar and Alistair Smout NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exp...Reuters
Fri, Jul 18
CBOT Trends-Wheat up 7-10 cents, corn up 3-6, soybeans up 8-12
CHICAGO, July 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 Friday. WHEAT - Up 7 to 10 cents per bushelWheat futures higher on short covering ahead of the weekend after sinking t...Reuters
Fri, Jul 18
REFILE-Trump's tariffs threaten to take the fizz out of champagne's crucial US market
By Clotaire Achi VERZENAY, July 18(Reuters) - Champagne producers in northeastern France need to find new markets after U.S. President Donald Trump threatened 30% tariffs on EU exports, the chairman of a French industry group said, suggesting Brazil, Southeast Asia and South Africa as options. Th...Reuters
Fri, Jul 18
TIMELINE-Biggest oil and gas sector deals since start of the century
July 18 (Reuters) - U.S. oil and gas major Chevron CVX.N completed its $53 billion acquisition of Hess HES.N on Friday, after it prevailed in a landmark legal battle against larger rival Exxon Mobil XOM.N to gain access to the biggest oil discovery in decades. Chevron's acquisit...Reuters
Fri, Jul 18
