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REUTERS NEXT-Ferrovial eyes more opportunities at US airports, CEO says
Adds details about Ferrovial selling its stake in Heathrow aiport, paragraph 5By Doyinsola Oladipo NEW YORK, Dec 4 (Reuters) - Multinational Spanish construction company Ferrovial FERF.AS sees more opportunities for investment in airports across the U.S. after leading a massive terminal overhaul ...
Reuters
Thu, Dec 4
Putin questions US punishing India for buying Russian oil
Putin challenges US tariffs on Indian goods over Russian oil purchasesHighlights US nuclear fuel purchases from RussiaPutin says minor decline in trade with IndiaIndia and Russia aim to diversify trade beyond energy and defenceModi greets Putin at airport, two leaders embraceBy YP Rajesh, Manoj Kuma...
Reuters
Thu, Dec 4
REUTERS NEXT-Copper producer Freeport would pursue M&A only if 'stars and moon' align, CEO says
Freeport not counting on deals for growth, CEO saysSays more government incentives needed to boost US copper outputGrasberg expected to hit 90% capacity by mid-2026, back fully by end of 2027By Ernest Scheyder and Shariq Khan NEW YORK, Dec 4 (Reuters) - Copper producer Freeport-McMoRan FCX.N woul...
Reuters
Thu, Dec 4
Glenfarne finalizes 20-year LNG supply deal with South Korea's POSCO
Dec 4 (Reuters) - Glenfarne's Alaska LNG unit said on Thursday it finalized an agreement to supply 1 million tonnes per annum of liquefied natural gas to South Korean trading firm POSCO International 047050.KS for 20 years from its planned export project.This follows a preliminary agreement sign...
Reuters
Thu, Dec 4
REUTERS NEXT-Ferrovial eyeing more opportunities at US airports, CEO says
By Doyinsola Oladipo NEW YORK, Dec 4 (Reuters) - Spanish construction company Ferrovial FERF.AS sees more opportunities for investment in airports across the U.S. following its massive terminal overhaul at New York's John F. Kennedy International Airport, CEO Ignacio Madridejos said on Thursd...
Reuters
Thu, Dec 4
Europe Gasoline/Naphtha-Gasoline crack spreads fall as ARA stocks rise
LONDON, Dec 4 (Reuters) - Northwest European gasoline refinery profit margins fell by about $1.35 to $15.54 a barrel on Thursday, as ARA stocks rose.About 10,000 metric tons of Eurobob E5 gasoline traded on barges on Thursday, as Varo, Equinor, and Trafigura sold to Gunvor, BP and MB Energy.No Eurob...
Reuters
Thu, Dec 4
US Plains HRW Wheat-Basis bids mostly unchanged as farmer sales remain slow
CHICAGO, Dec 4 (Reuters) - Spot basis bids for hard red winter wheat held mostly steady in the U.S. Plains in slow trading on Thursday as farmer selling remained light, grain merchants said.HRW wheat futures on the Chicago Board of Trade edged higher on Thursday after declines in the prior session. ...
Reuters
Thu, Dec 4
Glenfarne, POSCO International Corp Finalize Strategic Alaska LNG Partnership
Dec 4 (Reuters) - Glenfarne:GLENFARNE, POSCO INTERNATIONAL CORPORATION FINALIZE STRATEGIC ALASKA LNG PARTNERSHIP AND PROJECT’S FIRST HOAGLENFARNE: STRATEGIC PARTNERSHIP INCLUDES A PRE-FID CAPITAL INVESTMENT IN ALASKA LNG BY POSCO INTERNATIONAL CORPGLENFARNE: STRATEGIC PARTNERSHIP INCLUDES A 20-YEAR ...
Reuters
Thu, Dec 4
Serra Verde cuts short China offtake deals, approached by Western firms
Serra Verde renegotiates 10-year Chinese deals, to now conclude end-2026Serra Verde's mine rich in heavy rare earths, unlike many Western depositsPrice floors by Western governments seen crucial for rare earths sector growthBy Eric Onstad LONDON, Dec 4 (Reuters) - Brazilian rare earths miner ...
Reuters
Thu, Dec 4
REUTERS NEXT-Ferrovial eyeing more opportunities at US airports, CEO says
By Doyinsola OladipoNEW YORK, Dec 4 (Reuters) - Spanish construction giant Ferrovial FERF.AS sees other opportunities for investment in airports across the United States following its massive terminal overhaul at New York's John F. Kennedy Airport, Chief Executive Officer Ignacio Madridejos said...
Reuters
Thu, Dec 4
US defense agency push to stockpile cobalt hits pause as price soars
By Pratima Desai LONDON, Dec 4 (Reuters) - The U.S. Defense Logistics Agency still intends to purchase cobalt for the National Defense Stockpile but is reassessing its strategy and has no target date for reissuing the tender, a DLA spokesperson told Reuters on Thursday.Any purchases of cobalt OCB...
Reuters
Thu, Dec 4
EU wheat slips as Canada crop estimate adds to supply glut
PARIS, Dec 4 (Reuters) - European wheat futures eased on Thursday as a bigger than expected increase to Canada's official harvest estimate kept attention on abundant global supply.March wheat BL2H6, the most-active contract on Paris-based Euronext, was down 0.7% at 190.00 euros ($221.46), a metr...
Reuters
Thu, Dec 4
US okays transactions with Lukoil gas stations outside Russia through late April
WASHINGTON, Dec 4 (Reuters) - The Trump administration on Thursday allowed transactions with Lukoil LKOH.MM gas stations outside of Russia with a narrow waiver to sanctions the U.S. imposed in October for the role the company's revenues play in supporting Moscow's war in Ukraine. The transac...
Reuters
Thu, Dec 4
OPEC oil output slips in November despite agreed hike, survey finds
By Alex Lawler LONDON, Dec 4 (Reuters) - OPEC's oil output edged lower in November, despite an OPEC+ agreement to raise production for the month, due to outages in some members, a Reuters survey found on Thursday, bringing supply from the group further below its target.The Organization of the...
Reuters
Thu, Dec 4
US Cash Grains-Soybean basis steady to higher, corn bids mixed
CHICAGO, Dec 4 (Reuters) - Spot basis bids for soybeans were mostly steady at U.S. Midwest processing plants on Thursday and steady to higher at interior and river elevators, supported by slow farmer sales.Spot corn basis bids were steady to higher at barge-loading river terminals and flat to lower ...
Reuters
Thu, Dec 4
REUTERS NEXT-US minerals projects seek more support from Washington to compete with China
NEW YORK, Dec 4 (Reuters) - Washington must speed up permitting and financing for projects to offset China's broad sway over the world's supply of the minerals used to build electronics, weapons and a range of other goods, three U.S. mining and refining executives said on Thursday. "We h...
Reuters
Thu, Dec 4
NATO restructures command to boost security in north
MONS, Belgium Dec 4 (Reuters) - NATO will this week integrate its Nordic nations under the U.S.-based Joint Force Command Norfolk in an effort to improve transatlantic security and boost the alliance's positioning in the high north, NATO's top commander Alexus Grynkewich told reporters on Th...
Reuters
Thu, Dec 4
US natgas futures drop 1.5% on lower demand outlook and small storage withdrawal
EIA says energy companies pulled less gas from storage than expectedGlobal gas prices fall on Russia-Ukraine peace talksCash gas prices rise to highest since last winter By Scott DiSavino NEW YORK, Dec 4 (Reuters) - U.S. natural gas futures slid by 1.5% on Thursday on a small weekly storage withd...
Reuters
Thu, Dec 4
ARA gasoline stocks rise 5%, Insights Global data shows
LONDON, Dec 4 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub climbed by 5% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks rose 5% to 1.13 million tons on muted seaborne exports, Insight Glo...
Reuters
Thu, Dec 4
REUTERS NEXT-Copper giant Freeport's CEO won't count on mergers for growth
NEW YORK, Dec 4 (Reuters) - Copper giant Freeport-McMoRan FCX.N would never say never for merger and acquisition opportunities, but the company is not counting on deals for growth, its chief executive said on Thursday."In the next five years in our U.S. business, we have the opportunity to grow ...
Reuters
Thu, Dec 4
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