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Eos Energy Enterprises And Cerberus Capital Management Announce Frontier Power Usa To Deploy American-Made Long Duration Energy Storage At Scale
Cerberus Capital Management L P [RIC:RIC:CBS.UL]:EOS ENERGY ENTERPRISES AND CERBERUS CAPITAL MANAGEMENT ANNOUNCE FRONTIER POWER USA TO DEPLOY AMERICAN-MADE LONG DURATION ENERGY STORAGE AT SCALEEOS ENERGY ENTERPRISES INC - TECHNOLOGY PERFORMANCE INSURANCE POLICY CAPACITY UP TO $1.5 BILLIONEOS ENERGY ...Reuters
4 hours ago
EGC, EVelution Energy and Trafigura agree MOU for US–DRC cobalt supply chain
May 13 (Reuters) - Entreprise Générale du Cobalt (EGC), EVelution Energy LLC and Trafigura Pte Ltd. on Wednesday announced a memorandum of understanding to set up a long-term supply framework for Congolese cobalt hydroxide to the United States."The arrangement is expected, subject to definitive ...Reuters
4 hours ago
Pemex worker injured in explosion at Oaxaca refinery dies, Milenio reports
May 13 (Reuters) - A Pemex worker injured in an explosion at Oaxaca refinery in the Port of Salina Cruz died on Tuesday evening, Mexican media Milenio reported on its website on Wednesday, citing confirmation from Pemex personnel speaking anonymously.According to medical reports, Victor Hugo López M...Reuters
4 hours ago
EXCLUSIVE-Mexico's Pemex CEO, close ally of Sheinbaum, under threat as woes mount
Sheinbaum increases control over Pemex, sidelining CEO, sources sayEfforts to attract private investment hampered by Pemex debt Speculation grows over Rodríguez’s future By Adriana Barrera and Ana Isabel Martinez MEXICO CITY, May 13 (Reuters) - The future of Pemex CEO Victor Rodríguez is increasi...Reuters
4 hours ago
GRAINS-Wheat pauses after rally on US crop forecast as Trump-Xi summit looms
PARIS/BEIJING, May 13 (Reuters) - Chicago wheat edged lower on Wednesday after a day-earlier surge on an unexpectedly low U.S. crop forecast, with attention turning towards a high-stakes U.S.-China summit at which agricultural trade will be a focus. Corn and soybeans ticked higher as traders dig...Reuters
4 hours ago
Asia Crude Oil Tenders Summary-PTT seeks for one million barrels of sweet crude
For tenders on oil products please click:Naphtha......NAP/TENDA Gasoline...MOG/TENDAJet/Diesel...MDIS/TENDA Fuel Oil...FUEL/TENDAOUTSTANDING ASIA/MIDEAST CRUDE OIL TENDERS: (b = buys / s = sells)tender award, tender issue, *further updatesCOUNTR/COMPANYGRADEVOLUMECLOSE (VALID)LOADING D...Reuters
5 hours ago
Global oil supply to plunge below demand this year due to Iran war, IEA says
Supply losses from Gulf producers exceed 1 billion barrels, IEA reportsIEA forecasts market to remain undersupplied through Q3 2026 even if conflict ends soonIEA sees 2026 global oil supply falling 3.9 million bpd due to ongoing warIEA estimates 246 million barrel inventory drawdown in March and Apr...Reuters
5 hours ago
RWE calls for 'strategic' gas reserves as Middle East conflict empties caverns
FRANKFURT, May 13 (Reuters) - RWE RWEG.DE, Germany's biggest power producer, has called for a strategic gas reserve to ensure the country's gas caverns can be sufficiently filled for the winter period, warning current levels were too low.RWE finance chief Michael Mueller said the were curren...Reuters
5 hours ago
Fire at industrial facility in Russia's Krasnodar region extinguished, local authorities say
MOSCOW, May 13 (Reuters) - A fire that broke out earlier on Wednesday following a Ukrainian drone attack on an industrial facility in Russia's southern Krasnodar region has been put out, local authorities said.Reuters
5 hours ago
World markets feel the strain as US–Iran war grinds on
Asia FX including yen under pressureFood prices face another shock after Russia-Ukraine conflictAnalysts watching gasoline pricesUS Treasury yields also in focusBy Karin Strohecker and Dhara Ranasinghe LONDON, May 12 (Reuters) - From a rout in Asian currencies to the closure of a low budget U.S. ...Reuters
5 hours ago
Russia's oil output down 460,000 bpd year-on-year in April, IEA says
Drones hit ports and refineries, disrupting flowsProduct exports down to 2.2 million bpd to record lowTotal exports recovered partly but below 7.7 million bpd pre-attack levelUrals exports at around 1.9 mln bpd, near pre-war levels MOSCOW, May 13 (Reuters) - Russia's crude oil production decl...Reuters
6 hours ago
EUROPE GAS-Prices steady ahead of Trump's China visit, Hormuz shipping scrutiny
Market eyes Middle East ceasefire, Trump-Xi summit for supply clarityQatari LNG tankers clear Hormuz, but buyers remain wary of supply risksSlow European gas storage filling raises concerns for 2026/27 winter supply OSLO, May 13 (Reuters) - Dutch and British natural gas prices were largely steady...Reuters
6 hours ago
IEA says world oil supply to fall by 3.9 million bpd in 2026
According to the International Energy Agency (IEA), the world oil supply to fall by 3.9 million barrels per day (bpd) in 2026 assuming the oil flows from the Strait of Hormuz, a critical passage to almost 20% of global energy supply, will gradually resume from June (prev. forecast 1.5 million bpd faFxstreet
6 hours ago
TECHNICALS-NY cocoa may retest support at $4,463
For more technical analyses, please click SINGAPORE, May 13 (Reuters) - New York July cocoa CCN6 may retest a support at $4,463 a metric ton, a break below which could trigger a fall into a range of $4,230 to $4,315.The contract failed to break a key resistance at $4,703, the 261.8% projection level...Reuters
6 hours ago
TECHNICALS-CBOT wheat may retest resistance at $6.76-3/4
SINGAPORE, May 13 (Reuters) - CBOT July wheat WN26 may retest a resistance at $6.76-3/4 per bushel, a break above which would lead to a gain to $6.99.A projection analysis based on the April 10 low of $5.77-3/4 roughly reveals a target at $6.99, the 100% projection level of a wave C from $6.05, as t...Reuters
6 hours ago
Nippon Steel expects $1.4 billion fiscal year profit as one-off items fade
TOKYO, May 13 (Reuters) - Nippon Steel 5401.T, Japan's biggest steelmaker, on Wednesday said it expects its net profit for the year that ends in March to increase sharply to 220 billion yen ($1.4 billion) as the effects of one-off losses fade from its results. Nippon Steel, which bought U.S. Ste...Reuters
6 hours ago
TUI sees strong holiday bookings despite Iran war, sticks to outlook
TUI posts narrower Q2 loss despite Iran war and jet fuel costsCEO Sebastian Ebel cites strong cruise demand, no jet fuel shortage expectedTUI maintains profit outlook, highlights shift to last-minute and western Med bookingsBy Joanna Plucinska LONDON, May 13 (Reuters) - Germany's TUI TUI1n.DE...Reuters
6 hours ago
Russia's oil output down 460,000 bpd y/y in April, IEA says
MOSCOW, May 13 (Reuters) - Russia's crude oil production declined by 460,000 barrels per day in April from the same month a year ago to more than 8.8 million barrels per day, the International Energy Agency said on Wednesday, as Ukraine ramped up drone attacks on energy targets.Since March, Ukra...Reuters
6 hours ago
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