News
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Phillips 66 Reports Emissions Event At Borger, Texas Refinery
July 9 (Reuters) - Phillips 66 PSX.N:REPORTS EMISSIONS EVENT AT BORGER, TEXAS REFINERYREPORTS REFINERY BECAME AWARE OF RELEASE OF BENZENE, TOLUENE TO AIR THAT OCCURRED AT TANK 1012 ON JULY 8REPORTS INITIAL INSPECTION SHOWS CAUSE OF EMISSIONS WAS DUE TO TANK 1012'S EXTERNAL FLOATING ROOF MALFUNCT...Reuters
Wed, Jul 9
EXCLUSIVE-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
By Marwa Rashad and Curtis WilliamsLONDON/HOUSTON, July 9 (Reuters) - Oil giant Saudi Aramco 2222.SE is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's facility in Cameron, Louisiana, as it seeks to strengthen its position in the superchilled fuel market, four...Reuters
Wed, Jul 9
Euro zone bond yields steady as Trump tariff deadline arrives
By Samuel Indyk LONDON, July 9 (Reuters) - Euro zone government bond yields were little changed on Wednesday as investors took in their stride U.S. President Donald Trump's plans for additional import levies, on the day when his original 90-day tariff pause was due to expire.Trump broadened h...Reuters
Wed, Jul 9
Warming climate, volcanos raise risk of ice falls on Chile's glaciers
SANTIAGO, July 9 (Reuters) - Chile's glaciers are facing a higher risk of collapse and landslides due to rising temperatures and the country's seismic and volcanic activity, according to an academic study.The study, published in the Journal of South American Earth Sciences in late May, model...Reuters
Wed, Jul 9
Crews search for dozens missing after Texas floods
By Jane Ross KERRVILLE, Texas, July 9 (Reuters) - Search teams persisted in sifting through debris in Texas Hill Country on Wednesday as hopes of finding more survivors dimmed five days after flash floods tore through the region, killing at least 110 people, including many children.As of Tuesday ...Reuters
Wed, Jul 9
Nigeria's Dangote refinery plans 1.6 mln barrels fuel storage tanks in Namibia, sources say
By MacDonald Dzirutwe LAGOS, July 9 - Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply refined fuel to southern Africa, two sources told Reuters on Wednesday.The move underscores the refinery'...Reuters
Wed, Jul 9
US distillate stockpiles fall last week to lowest since April 2005, EIA says
NEW YORK, July 9 (Reuters) - U.S. inventories of distillate fuel oil fell by 825,000 barrels to 102.8 million barrels in the week ended July 4, the lowest since April 2005, data from the Energy Information Administration showed on Thursday.Reuters
Wed, Jul 9
Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
LONDON/HOUSTON, July 9 (Reuters) - Oil giant Saudi Aramco 2222.SE is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's facility in Cameron, Louisiana, four sources told Reuters on Wednesday.Reuters
Wed, Jul 9
Trump copper tariffs set to spark final scramble to get metal across the border
Tariff of 50% on US copper imports higher than expectedLevy expected to be in place by start of AugustTraders will try to cash in on US premium ahead of deadlineBy Anushree Mukherjee, Amy Lv and Lewis Jackson July 9 (Reuters) - Copper shipments into the United States are expected to accelerate in...Reuters
Wed, Jul 9
Willis warns of further rate reductions in $2 billion renewables market
By Ashish TiwariJuly 9 - (The Insurer) - A report by Willis has warned of further softening ahead in the renewable energy insurance market, where global annual premiums now total around $2 billion, in line with the more established oil, gas and chemicals sector. The broker said 10% year-on-year rate...Reuters
Wed, Jul 9
U.S. issues additional Iran-related sanctions, Treasury website shows
WASHINGTON, July 9 (Reuters) - The United States imposed sanctions on 22 companies in Hong Kong, the United Arab Emirates and Turkey on Wednesday for their roles in helping sell Iranian oil, the Treasury Department said.The oil sales benefit Iran's Islamic Revolutionary Guard Corps' Quds For...Reuters
Wed, Jul 9
Mexican President says "let's wait" when asked about Trump's copper tariffs
MEXICO CITY, July 9 (Reuters) - Mexico's President Claudia Sheinbaum said on Wednesday "let's wait" when asked about U.S. President Donald Trump's 50% tariff on copper imports."We are going to make every effort on our side", Sheinbaum added about the tariffs during her r...Reuters
Wed, Jul 9
Venture Global to supply additional LNG to German firm from Calcasieu Pass 2
By Katha KaliaJuly 9 (Reuters) - Venture Global VG.N will supply an additional 0.75 million tonnes per annum of liquefied natural gas to Germany-based distributor SEFE Energy GmbH, the two companies said on Wednesday.Shares of the U.S. LNG producer rose 1.7% in morning trade. Venture Global will su...Reuters
Wed, Jul 9
Boric says Chile awaits official U.S. communication on copper tariffs
SANTIAGO, July 9 (Reuters) - Chile's President Gabriel Boric said on Wednesday that the country has yet to formally hear from the United States on potential copper tariffs, after U.S. President Donald Trump the day before said he planned to impose a 50% tariff on copper imports."We are waiti...Reuters
Wed, Jul 9
U.S. issues additional Iran-related sanctions, Treasury website shows
WASHINGTON, July 9 (Reuters) - The United States imposed additional sanctions related to Iran on Wednesday, the Treasury Department website showed, as it continues to target Tehran's nuclear program and its funding of militant groups.Reuters
Wed, Jul 9
US natgas prices fall 4% to six-week low on low cash prices, ample stockpiles
Cash prices below futures every day since AprilGas stockpiles 6% over normal levels and risingOutput on track for record high in JulyBy Scott DiSavinoJuly 9 (Reuters) - U.S. natural gas futures fell about 4% to a six-week low on Wednesday on low cash prices, an increase in output so far this month a...Reuters
Wed, Jul 9
Pot producer Canopy Growth terminates CFO Judy Hong
July 9 (Reuters) - Canadian pot producer Canopy Growth WEED.TO said on Wednesday it has terminated the employment of chief financial officer Judy Hong "without cause".The termination of Hong, who was appointed CFO in 2022, was not related to its operating results or due to any disagreements ...Reuters
Wed, Jul 9
CBOT Trends-Wheat steady-down 3 cents, corn mixed, soy steady-down 5
CHICAGO, July 9 (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 Wednesday. WHEAT - Steady to down 3 cents per bushelCBOT wheat ticked down as an advancing northern hemisphere harvest ...Reuters
Wed, Jul 9
