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North Sea Crude-Forties offered lower, WTI Midland edges higher
LONDON, Dec 8 (Reuters) - North Sea Forties was offered lower in the window on Monday, while a flurry of bids for WTI Midland were tabled. PLATTS WINDOWIndications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP). There...Reuters
8 hours ago
Repair work completed on damaged pipeline at Lukoil West Qurna 2 field, two sources say
Dec 8 (Reuters) - The repair work for the damaged part of a pipeline at Lukoil's LKOH.MM West Qurna 2 field in Iraq was completed on Monday evening, two energy sources told Reuters.The restoration of full operations at the field was expected between 1 a.m. and 2 a.m. (2300 GMT to 0000 GMT).West ...Reuters
8 hours ago
Europe Gasoline/Naphtha-Gasoline crack spreads dip on slow trading
LONDON, Dec 8 (Reuters) - Northwest European gasoline refinery profit margins fell by 57 cents to $14.44 a barrel on Monday as trading liquidity fell.About 10,000 metric tons of Eurobob E5 gasoline traded on barges on Monday, down from 18,000 tons on Friday, as Glencore and Equinor sold to Gunvor, A...Reuters
9 hours ago
IAEA says no abnormalities at Fukushima nuclear plant following Japan earthquake
Dec 8 (Reuters) - The International Atomic Energy Agency (IAEA) said on Monday it has observed no abnormalities at the Fukushima nuclear power plant site after a powerful 7.6-magnitude earthquake shook northeastern Japan. The earthquake prompted tsunami warnings and orders to about 90,000 residents ...Reuters
9 hours ago
METALS-Copper hits record on supply worries ahead of Fed decision
By Pratima Desai LONDON, Dec 8 (Reuters) - Copper hit record highs on Monday as concerns about future shortages and top consumer China's pledge to boost domestic demand next year dominated the mood, but a firmer dollar after the start of U.S. trading saw prices retreat.Benchmark copper on the...Reuters
9 hours ago
'One Battle After Another' leads Hollywood's Golden Globe nominations
'Sentimental Value' and 'Sinners' also claim film nominationsDiCaprio, Clooney among acting nomineesGlobes winners to be announced in January By Lisa Richwine and Danielle Broadway LOS ANGELES, Dec 8 (Reuters) - Dark comedy "One Battle After Another" racked up a leading ni...Reuters
9 hours ago
German foreign minister in China urges end to supply chain uncertainty
Minister had postponed trip from October due to tensionsBerlin toughens stance on Beijing in line with EUVisit to pave way for chancellor next yearBy Alexander Ratz BEIJING, Dec 8 (Reuters) - German Foreign Minister Johann Wadephul appealed on Monday for an end to the uncertainty that has hit...Reuters
9 hours ago
ANALYSIS-Trump fuel economy rollback may make cars cheaper, but higher gas bills will absorb savings
Trump administration vehicle efficiency rule rollback would reduce upfront car costs by $930Upfront car cost savings would evaporate quickly due to fuel, repair costs, analysts sayBy Valerie Volcovici WASHINGTON, Dec 8 (Reuters) - The Trump administration's proposal to roll back Biden-era veh...Reuters
9 hours ago
Greek farmers block borders, airport and roads in protest at delayed EU funds
By Renee Maltezou and Angeliki KoutantouATHENS, Dec 8 (Reuters) - Protesting Greek farmers closed an airport on the island of Crete, blocked roads and border crossings and hurled rocks at police during a nationwide demonstration on Monday triggered by funding delays. Protesters deployed thousands of...Reuters
10 hours ago
FACTBOX-US utilities lock in data center supply deals as AI powers demand surge
Dec 8 (Reuters) - U.S. utilities are racing to sign supply deals with data-center operators as the artificial-intelligence boom sparks a surge in power demand, setting the stage for higher profits in the coming quarters.Data centers are expected to account for 8% of the power generated in the U.S. b...Reuters
10 hours ago
Sweden's AP7 pension fund bans another 35 companies from its investments
OSLO, Dec 8 (Reuters) - Sweden's AP7 government pension fund has added 35 companies to its portfolio blacklist, mostly fossil fuel producers, excluded from its investments on environmental sustainability grounds, the fund's operator said on Monday.The list of new exclusions included France&#...Reuters
10 hours ago
Antero to buy HG Energy's gas producing assets in $2.8 billion deal
By Yagnoseni DasDec 8 (Reuters) - Antero Resources AR.N said on Monday it would buy assets from privately held HG Energy in a deal valued at $2.8 billion, as the U.S. natural gas producer looks to expand its footprint.Separately, Antero Midstream AM.N, which handles gathering and water services for ...Reuters
10 hours ago
FACTBOX-US utilities on dealmaking spree to blockbuster 2025
Dec 8 (Reuters) - With electricity demand in the U.S. set to hit record highs over the next two years, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans.The dealmaking spree comes as the industry prepares f...Reuters
10 hours ago
US natural gas futures drop 6% on less cold forecasts, near-record output
Near-record gas output allows for increased storage levelsUS weather forecast to remain seasonal through late DecemberGlobal gas prices at 19-month lows on Ukraine peace talks, mild winterGas flows to LNG export plants near record highExtreme cold over past week boosted US cash prices to highest sin...Reuters
11 hours ago
G7 discussed ways to strengthen critical mineral supply chains, Japan finmin says
TOKYO, Dec 8 (Reuters) - Finance ministers from the Group of Seven major countries have met online to discuss how to beef up supply chains for rare earths and other critical minerals, Japanese Finance Minister Satsuki Katayama said on Monday.Speaking to reporters, Katayama said she had told her coun...Reuters
11 hours ago
CORRECTED-Vale to boost autonomous truck fleet in deal with Caterpillar
By Marta NogueiraRIO DE JANEIRO, Dec 8 (Reuters) - Brazilian miner Vale VALE3.SA has signed an agreement with Caterpillar CAT.N and Sotreq to quintuple its autonomous off-road truck fleet by 2028 at its Northern System area, Executive Vice President of Operations Carlos Medeiros told Reuters."Th...Reuters
11 hours ago
EXCLUSIVE-Iraq shuts down Lukoil's West Qurna 2 field due to leak, sources say
BASRA, Iraq, Dec 8 (Reuters) - Iraq has shut down the entire oil production at Lukoil's LKOH.MM West Qurna 2 oilfield, one of the world's largest, due to a leak on an export pipeline, two Iraqi energy officials told Reuters on Monday.Lukoil declared force majeure last month at West Qurna 2 a...Reuters
11 hours ago
Fluor completes construction of second liquefaction train at LNG Canada Project
Dec 8 (Reuters) - Fluor Corp FLR.N said on Monday it has completed the construction of the second liquefaction train of LNG Canada, marking the completion of the first phase of Canada's first first major LNG export facility.Reuters
12 hours ago
Exxon, Aramco, Samref to explore major upgrade of Yanbu refinery
Dec 8 (Reuters) - Exxon Mobil XOM.N, Saudi's Aramco 2222.SE and Samref on Monday signed an agreement to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.The companies intend to explore capital investments to...Reuters
12 hours ago
Greek farmers block borders, airport and roads in protest at delayed EU farm subsidies
ATHENS, Dec 8 (Reuters) - Greek farmers disrupted traffic at border crossings and at an airport on the island of Crete on Monday, as well as blocking roads across the country, as they stepped up protests begun after investigations into corruption led to the delay of European Union subsidies. Thousan...Reuters
12 hours ago
