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Banco San Juan obtains $100 million ruling in Lisbon against Venezuela's PDVSA
Dec 2 (Reuters) - Puerto Rico's Banco San Juan Internacional said on Tuesday it obtained a favorable ruling from the Lisbon Civil Court against Venezuela's state-run oil company PDVSA PDVSA.UL and subsidiaries for $96.5 million plus interests.The dispute, which began in English courts, was l...
Reuters
Tue, Dec 2
Putin threatens to 'cut Ukraine off from the sea' after attacks on tankers
MOSCOW, Dec 2 (Reuters) - Russian President Vladimir Putin threatened on Tuesday to sever Ukraine's access to the sea in response to drone attacks on tankers of Russia's "shadow fleet" in the Black Sea."The most radical solution is to cut Ukraine off from the sea, then piracy wil...
Reuters
Tue, Dec 2
Trump removes 'renewable' from title of U.S. energy lab
By Timothy Gardner WASHINGTON, Dec 2 (Reuters) - The Trump administration has renamed one of the country's energy laboratories to remove the word 'renewable' in the latest effort to downplay electricity sources such as solar and wind power in favor of fossil fuels. The National Renewa...
Reuters
Tue, Dec 2
Russia's Putin seeks to boost energy, defence exports with India visit
Putin aims to restore energy, defence ties hit by U.S. pressureNew Delhi was Russia's top seaborne oil buyer despite sanctionsRussia has supplied arms to India for decadesBy Nidhi Verma and Shivam Patel NEW DELHI, Dec 2 (Reuters) - Russian President Vladimir Putin starts a two-day visit to In...
Reuters
Tue, Dec 2
SOFTS-Cocoa prices ease while robusta coffee extends decline
LONDON, Dec 2 (Reuters) - London cocoa futures were lower on Tuesday as concerns about weak demand continued to weigh on prices, while robusta coffee extended this week's decline. COCOALondon cocoa LCCc2 fell 0.7% to 4,065 pounds per metric ton by 1456 GMT, although prices remained well abov...
Reuters
Tue, Dec 2
Putin says Russia will take steps against tankers of countries that help Ukraine
MOSCOW, Dec 2 (Reuters) - Russia will take measures against tankers of countries that help Ukraine, President Vladimir Putin said on Tuesday.Putin called recent attacks on tankers near Turkey piracy and said Russia would intensify strikes on Ukrainian facilities and vessels.A Russian-flagged tanker ...
Reuters
Tue, Dec 2
Putin says Moscow does not want war but if Europe wants a war, then Russia is ready
MOSCOW, Dec 2 (Reuters) - Russian President Vladimir Putin said on Tuesday that Russia did not want a war with European powers but that if Europe did want a war then Russia was ready right now to fight.Putin said that European powers were making demands on a possible peace settlement for Ukraine tha...
Reuters
Tue, Dec 2
Serbia will allow payments, transactions for Russian oil firm NIS this week
Serbia risks secondary sanctions for allowing NIS transactionsNIS refinery shutdown affects Serbia's economy and fuel logisticsGazprom Neft and Gazprom must sell NIS stake or face government takeoverBy Ivana Sekularac and Aleksandar Vasovic BELGRADE, Dec 2 (Reuters) - Serbia's President A...
Reuters
Tue, Dec 2
Heavy snow expected in parts of U.S. Midwest, Northeast
By Rich McKayDec 2 (Reuters) - An intensifying weather system was expected to bring heavy snow and rain to parts of the U.S. Midwest, the Appalachians and the Northeast on Tuesday, with more than 50 million Americans under a winter storm advisory.Up to a foot of snow is forecast to fall across the O...
Reuters
Tue, Dec 2
Syrian president, Chevron discuss cooperation in oil, gas exploration, state news agency says
CAIRO, Dec 2 (Reuters) - Syrian President Ahmed al-Sharaa met delegations from U.S. oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday.
Reuters
Tue, Dec 2
Walmart invests $350 million in second U.S. milk processing plant
Dec 2 (Reuters) - Walmart WMT.N said on Tuesday it had opened a second milk processing facility in the United States at an investment of $350 million, as the U.S. retailer seeks to strengthen its supply chain and meet demand for affordable dairy products.The company said the 300,000-square-foot faci...
Reuters
Tue, Dec 2
Copper rally receives new momentum – Commerzbank
According to Shanghai Metals Market, China's leading Copper smelters have agreed to cut production by more than 10% in the coming year.
Fxstreet
Tue, Dec 2
US Govt's tougher stance on Venezuela has yet to affect Oil production – Commerzbank
The US closure of Venezuelan airspace over the weekend has escalated tensions, but Oil production remains largely unaffected.
Fxstreet
Tue, Dec 2
Suncor Reports Hydrocracker Dock Maintenance at Sarnia, Canada Refinery
Dec 2 (Reuters) - SUNCOR ENERGY INC SU.TO:REPORTS IT IS CONDUCTING MAINTENANCE AT ITS HYDROCRACKER DOCK, SARNIA CANADA REFINERY REPORTS WORK IS EXPECTED TO BE COMPLETED ON WEDNESDAY, DECEMBER 3SAYS DUE TO NATURE OF THIS ACTIVITY, COMMUNITY MEMBERS WILL NOTICE PRESENCE OF A VAC TRUCKSAYS SHOULD AN EM...
Reuters
Tue, Dec 2
Ukraine's attacks on Russian energy infrastructure at record high – Commerzbank
November saw a record number of Ukrainian attacks on Russian energy targets, with drones hitting refineries and Black Sea tankers, reducing daily processing to around 5 million barrels.
Fxstreet
Tue, Dec 2
Russia's Transneft says oil loadings from CPC second mooring point halted indefinitely
MOSCOW, Dec 2 (Reuters) - Russian oil pipeline operator Transneft TRNF_p.MM said on Tuesday that loadings from the second point mooring of the Caspian Pipeline Consortium had been halted indefinitely.
Reuters
Tue, Dec 2
US natural gas futures ease on oversupply concerns after hitting nearly 3-year high
Natural gas futures dip on record output, ample storagePrices gained 17.6% in November due to strong demandCold weather still key driver of prices despite supply glutBy Noel John Dec 2 (Reuters) - U.S. natural gas futures fell on Tuesday as supply concerns pressured the market, overshadowing earl...
Reuters
Tue, Dec 2
Powerbank Corp Safe Harbor Of 15 Distributed Solar And Energy Storage Projects In New York State
Dec 2 (Reuters) - PowerBank Corp SUNN.NLB:POWERBANK CORP: SAFE HARBOR OF 15 DISTRIBUTED SOLAR AND ENERGY STORAGE PROJECTS IN NEW YORK STATEPOWERBANK CORP: PROJECTS EXPECTED TO BRING APPROXIMATELY 67 MW DC OF SOLAR AND 11 MWH OF ENERGY STORAGE TO THE STATEPOWERBANK CORP: $168 MILLION CONSTRUCTION VAL...
Reuters
Tue, Dec 2
Jetblue Airways - Q4 Bookings In Line Except During FAA Emergency Order - SEC Filing
Dec 2 (Reuters) - JetBlue Airways Corp JBLU.O:JETBLUE AIRWAYS - Q4 BOOKINGS IN LINE EXCEPT DURING FAA EMERGENCY ORDER - SEC FILINGJETBLUE AIRWAYS: OPERATIONAL PERFORMANCE WAS IMPACTED BY HURRICANE MELISSA IN JAMAICA AND BY SHUTDOWN-RELATED CANCELLATIONS IN EARLY NOVEMBERJETBLUE AIRWAYS - EVENT REDUC...
Reuters
Tue, Dec 2
Bwx Technologies Inc - To Provide Owner's Engineer Services At Kozloduy Nuclear Plant
Dec 2 (Reuters) - BWX Technologies Inc BWXT.N:BWX TECHNOLOGIES INC - TO PROVIDE OWNER'S ENGINEER SERVICES AT KOZLODUY NUCLEAR PLANTBWX TECHNOLOGIES INC - TEN-YEAR CONTRACT VALUED AT HUNDREDS OF MLNS OF EUROS
Reuters
Tue, Dec 2
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