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Pemex getting Texas refinery ready for 'big block' overhaul, sources say
By Erwin SebaHOUSTON, Aug 15 (Reuters) - Pemex, Mexico's national oil company, is preparing for the "big block" overhaul at its 312,500-barrel-per-day (bpd) Deer Park, Texas, refinery to begin in early October, people familiar with plant operations said on Friday. The refinery's 270,...Reuters
Fri, Aug 15
EXCLUSIVE-US mulled use of Russia icebreakers for gas development ahead of summit-sources
Trump-Putin summit to discuss Ukraine ceasefire and LNG projectAlaska LNG project involves 800-mile pipeline for Asian exportsRussia's nuclear icebreaker vessels crucial for Northern Sea Route accessBy Marwa Rashad and Anna Hirtenstein LONDON, Aug 15 (Reuters) - The United States has had inte...Reuters
Fri, Aug 15
US natgas prices climb 3% on near-record LNG exports, hotter weather forecasts
Near-record LNG exports drive demand despite near-record outputGas stockpiles at 6% above normal levels, and risingTropical Storm Erin may cool US East Coast, affecting gas demand and pricesBy Scott DiSavino Aug 15 (Reuters) - U.S. natural gas futures climbed about 3% on Friday on near-record flo...Reuters
Fri, Aug 15
US mulls Rosneft, Lukoil sanctions if Putin balks on ceasefire, Bloomberg News reports
Aug 15 (Reuters) - The United States is weighing the threat of sanctions against Russian oil companies Rosneft ROSN.MM and Lukoil LKOH.MM as part of a menu of options to push President Vladimir Putin to accept a ceasefire with Ukraine, Bloomberg News reported on Friday, citing people familiar with t...Reuters
Fri, Aug 15
Oil settled nearly $1 lower as Trump-Putin talks loom
Traders watch for progress in Trump-Putin talksWeaker Chinese data raises fuel demand concernsProjected oil market surplus weighs on price sentimentBy Arathy Somasekhar HOUSTON, Aug 15 (Reuters) - Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Tr...Reuters
Fri, Aug 15
USDA to build Texas facility to fight flesh-eating screwworms
By Tom Polansek and Leah Douglas Aug 15 (Reuters) - The U.S. Department of Agriculture will spend up to $750 million to build a facility in Texas that produces sterile flies to fight the flesh-eating livestock pest New World screwworm, Secretary Brooke Rollins said on Friday.The plan signals incr...Reuters
Fri, Aug 15
CBOT wheat ends firm on short covering after contact lows
CHICAGO, Aug 15 (Reuters) - Chicago Board of Trade wheat futures rose on Friday, lifted by short covering ahead of the weekend and following a string of contract lows this week.Wheat futures prices remain anchored by ample global supplies.Grain traders are monitoring news from Friday's meeting b...Reuters
Fri, Aug 15
GRAINS-Corn, soybeans rise on short-covering ahead of weekend, crop tour
By Karl Plume CHICAGO, Aug 15 (Reuters) - U.S. corn and soybean futures rose on Friday on short-covering ahead of the weekend and a closely followed crop tour set to begin surveying fields across the Midwest next week.Chicago Board of Trade wheat also edged higher after concerns about big global ...Reuters
Fri, Aug 15
ICE canola futures stabilize after dramatic week
WINNIPEG, Manitoba, Aug 15 (Reuters) - ICE canola futures rose on Friday and fell for the week, but seemed to have stabilized after China's decision on Tuesday to hit Canadian canola with prohibitive duties. • Traders said tight canola stocks both now and expected for 2025-26 have cushioned th...Reuters
Fri, Aug 15
Pemex readying Texas refinery for 'big block' overhaul, sources say
HOUSTON, Aug 15 (Reuters) - Pemex, Mexico’s national oil company, is preparing for the “Big Block” overhaul at its 312,500 barrel-per-day (bpd) Deer Park, Texas refinery to begin in early October, said people familiar with plant operations on Friday. The refinery’s 270,000 DU-2 crude distillation un...Reuters
Fri, Aug 15
CBOT soybeans end higher on short covering ahead of crop tour next week
CHICAGO, Aug 15 (Reuters) - Chicago Board of Trade soybean futures rose for the fourth time in five sessions on Friday, lifted by short covering ahead of the weekend and ahead of a closely followed crop tour set to gauge yield potential across the Midwest next week.Soybeans remain well supported by ...Reuters
Fri, Aug 15
US sues California to block tough emissions standards for trucks
US says federal law preempts California standardsDaimler, Volvo, other truck makers also sued CaliforniaCalifornia environmental regulator declines to commentBy Jonathan Stempel and Bhargav Acharya Aug 15 (Reuters) - The U.S. government said on Friday it sued California to stop the state from enf...Reuters
Fri, Aug 15
EXCLUSIVE-US mulled use of Russia icebreakers for gas development ahead of summit-sources
Trump-Putin summit to discuss Ukraine ceasefire and LNG projectAlaska LNG project involves 800-mile pipeline for Asian exportsRussia's nuclear icebreaker vessels crucial for Northern Sea Route accessBy Marwa Rashad and Anna Hirtenstein LONDON, Aug 15 (Reuters) - The United States has had inte...Reuters
Fri, Aug 15
Trump administration unveils stricter subsidy rules for wind and solar projects
Aug 15 (Reuters) - The U.S. Treasury Department on Friday unveiled revised rules for how solar and wind projects can qualify for federal tax subsidies that are being phased out over the next two years.The revisions include requiring utility-scale projects to show substantial and continuous physical ...Reuters
Fri, Aug 15
CBOT corn ends flat to lower on big supply outlook, good exports limit losses
CHICAGO, Aug 15 (Reuters) - Chicago Board of Trade corn futures firmed on Friday in a short-covering bounce ahead of the weekend and ahead of a closely-followed crop tour set to survey Midwest production prospects next week.Commodity funds are net short corn futures, leaving the market vulnerable to...Reuters
Fri, Aug 15
FACTBOX-Russian energy export disruptions since start of Ukraine war
Aug 15 (Reuters) - When U.S. President Donald Trump meets Russian President Vladimir Putin on Friday, one of his bargaining chips to encourage Putin to make progress toward a ceasefire in Ukraine will be to ease U.S. sanctions on Russia's energy industry and exports.Trump has also threatened tou...Reuters
Fri, Aug 15
GRAINS-Corn, soybeans rise on short-covering ahead of weekend, crop tour
By Karl Plume CHICAGO, Aug 15 (Reuters) - U.S. corn and soybean futures rose on Friday on short-covering ahead of the weekend and a closely-followed crop tour set to begin surveying fields across the Midwest next week. Chicago Board of Trade wheat also edged higher after concerns about ...Reuters
Fri, Aug 15
Hurricane Erin becomes first of 2025 Atlantic season, NHC warns it could intensify further
By Mia MacGregorAug 15 - (The Insurer) - Hurricane Erin formed on Friday as the first hurricane of the 2025 Atlantic season and is expected to strengthen over the southwestern Atlantic through the weekend and into next week, the National Hurricane Center (NHC) said.Erin, which intensified from a tro...Reuters
Fri, Aug 15
Draft 'MAHA' commission report avoids pesticide crackdown feared by farm groups
Draft report focuses on diet improvements and investigating vaccines, prescription drugsFarm groups consulted on MAHA Commission activitiesFTC to explore limits on marketing unhealthy foods to childrenBy Jessica DiNapoli, Leah Douglas and Ahmed Aboulenein WASHINGTON, Aug 15 (Reuters) - The White ...Reuters
Fri, Aug 15
PRECIOUS-Gold heads for weekly loss, spotlight on Trump-Putin talks
Trump heads to 'high-stakes' Alaska summit US retail sales increase solidly in JulySilver set for weekly loss Palladium drifts over 2% lower By Ashitha Shivaprasad Aug 15 (Reuters) - Gold prices held steady on Friday, but were headed for a weekly loss after hot inflation data trimmed rate...Reuters
Fri, Aug 15
