News
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FACTBOX-How Germany is building up LNG import terminals
FRANKFURT, Dec 2 (Reuters) - Germany has been putting import terminals for liquefied natural gas into operation as part of its efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.The Brunsbuettel terminal received its floating storage regasification unit, the Hoeg...Reuters
Tue, Dec 2
EXCLUSIVE-Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field - sources
Lukoil seeks to sell assets due to U.S. sanctionsWest Qurna 2 is Lukoil's largest foreign assetExxon preferred by Iraq for West Qurna 2 takeoverBy Ahmed Rasheed and Aref Mohammed BAGHDAD, Dec 2 (Reuters) - Exxon Mobil XOM.N has approached the Iraqi oil ministry to express its interest in buyi...Reuters
Tue, Dec 2
'Mischievous hands': Indonesians blame deforestation for devastating floods
More than 700 die in Sumatra, site of mass deforestation Leaders criticise government for ignoring deforestation protestsEnvironmental groups blame mismanagement, climate crisisDeforestation stems from timber and palm projects in late 1960sBy Ananda Teresia and Yudhistira SOUTH TAPANULI, Indonesi...Reuters
Tue, Dec 2
TotalEnergies, Tree Energy, Japanese firms to jointly develop synthetic LNG in US
By America HernandezPARIS, Dec 2 - French oil major TotalEnergies TTEF.PA and its partner Tree Energy Solutions will jointly develop synthetic methane with Japanese firms Osaka Gas, Toho Gas and Itochu at a facility in the U.S. state of Nebraska, it said on Tuesday. Osaka and Toho gas companies wil...Reuters
Tue, Dec 2
Russia is an important supplier of energy to India, Kremlin spokesperson says
NEW DELHI, Dec 2 (Reuters) - Russia remains an important supplier of energy to India although there could be a temporary decrease in the volume of oil trade, Kremlin spokesperson Dmitry Peskov told Indian journalists on Tuesday.Trade mechanisms that cannot be affected by third countries needed to be...Reuters
Tue, Dec 2
Canada's Monument Mining Q1 revenue rises 67% to $32.4 mln
OverviewMonument Mining Q1 FY 2026 revenue rose 67% to $32.4 mln, driven by higher gold salesNet income increased to $10.5 mln from $3 mln, reflecting improved operational efficiencyCompany's cash reserves rose by $16.9 mln to $62.84 mln, supporting growthOutlookCompany is conducting exploration...Reuters
Tue, Dec 2
EXCLUSIVE-Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field - sources
Lukoil seeks to sell assets due to U.S. sanctionsWest Qurna 2 is Lukoil's largest foreign assetExxon preferred by Iraq for West Qurna 2 takeoverBy Ahmed Rasheed and Aref Mohammed BAGHDAD, Dec 2 (Reuters) - Exxon Mobil XOM.N has approached the Iraqi oil ministry to express its interest in buyi...Reuters
Tue, Dec 2
EXCLUSIVE-Exxon Mobil approached Iraq about buying Lukoil's West Qurna oilfield stake, sources say
Dec 2 (Reuters) - Exxon Mobil XOM.N has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters. Exxon declined to comment and Lukoil ...Reuters
Tue, Dec 2
TABLE-North Sea gas maintenance schedule: Adds Shell outage
Dec 2 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAGE...Reuters
Tue, Dec 2
ROI-OPEC+ to spark spending race with new oil quota system: Bousso
By Ron Bousso LONDON, Dec 2 (Reuters) - Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, particularly in low-cost Gulf producers, diminishing concerns of long-term supply shortages.The Organization of the Petroleum Exportin...Reuters
Tue, Dec 2
EXCLUSIVE-China issues first batch of streamlined rare earth export licenses, source says
Dec 2 (Reuters) - At least three Chinese rare earth magnet makers have secured licenses enabling them to accelerate exports to some customers, a source familiar with the matter said on Tuesday, fulfilling a key outcome of the summit between Presidents Donald Trump and Xi Jinping.China began designin...Reuters
Tue, Dec 2
REFILE-Russia's Putin seeks to boost energy, defence exports with India visit
By Nidhi Verma and Shivam Patel NEW DELHI, Dec 2 (Reuters) - Russian President Vladimir Putin starts a two-day visit to India from Thursday, pitching for more sales of Russian oil, missile systems and fighter jets in a bid to restore energy and defence ties hit by U.S. pressure on the South Asian...Reuters
Tue, Dec 2
Pope to end first overseas trip by praying with 100,000 Lebanese
Pope Leo to visit site of port blast on last day in Lebanon Leo wraps up first overseas trip as Catholic leaderPope urges Lebanese leaders to persevere with peace effortsLeo warns humanity's future at risk because of bloody conflictsBy Joshua McElwee and Catherine Cartier BEIRUT, Dec 2 (Reut...Reuters
Tue, Dec 2
SPECIAL REPORT-China floods the world with gasoline cars it can't sell at home
Chinese automakers export gasoline cars due to domestic EV growthState-owned giants like SAIC, Dongfeng lead export surgeEmerging markets key for Chinese gasoline car salesBy Nick Carey WARSAW, Dec 2 (Reuters) - China's electric-vehicle industry captured half its domestic market in just a few...Reuters
Tue, Dec 2
ROI-China's LNG importer crown at risk as high prices cap demand: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde RussellLAUNCESTON, Australia, Dec 2 (Reuters) - Asia's imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annua...Reuters
Tue, Dec 2
Gold prices ease on firmer Treasury yields, US data in focus
Gold touched six-week peak on Monday88% chance of a rate cut in December - CME FedWatchBenchmark US 10-year Treasury yields near two-week peakBy Ishaan Arora Dec 2 (Reuters) - Gold eased on Tuesday after touching a six-week high in the previous session, as rising U.S. Treasury yields and profit-t
Reuters
Tue, Dec 2
