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China receives 14th cargo from sanctioned Arctic LNG 2 project
SINGAPORE, Nov 12 (Reuters) - China has received a 14th cargo of liquefied natural gas from Russia's Arctic LNG 2, LSEG and Kpler data showed, despite U.S. and EU sanctions imposed on the project over Moscow's war in Ukraine.The most recent tanker to deliver LNG from the project to China was...
Reuters
Wed, Nov 12
Chevron targets 10% annual cash flow growth through 2030, higher cost cutting
Chevron 2030 plan underscores efficiency driveOil and gas production to grow 2%-3% annuallyChevron to reduce capex, increase cost-reduction target By Sheila Dang HOUSTON, Nov 12 (Reuters) - Chevron CVX.N said on Wednesday that it plans to grow free cash flow by more than 10% annually through 2030...
Reuters
Wed, Nov 12
OPEC to issue oil market report at 1300 GMT
LONDON, Nov 12 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) will release its November monthly oil market report at 1300 GMT (1400 Vienna time) on Wednesday, OPEC said in an email.
Reuters
Wed, Nov 12
Indonesia tests footwear returned from United States on Caesium-137 contamination fears
JAKARTA, Nov 12 (Reuters) - Indonesia is conducting further tests on footwear products returned from the United States following claims they had been contaminated with radioactive Caesium-137, a special government task force responsible for handling the issue said on Wednesday."We received infor...
Reuters
Wed, Nov 12
RWE ready for 3 GW of new Germany gas plant projects, CFO says
FRANKFURT, Nov 12 (Reuters) - Germany's RWE RWEG.DE is preparing to build new gas-burning power plants in Germany where the government is finalising auction details for new capacity to secure energy supply, chief financial officer Michael Mueller said on Wednesday. "We can envisage a total o...
Reuters
Wed, Nov 12
Bayer expects more hits to 2025 earnings from lawsuits, buyouts
Litigation costs seen impacting 2025 reported earningsCEO has said aims to resolve most glyphosate cases by 2026Bayer has cut 13,500 jobs to speed up decision makingBy Ludwig Burger FRANKFURT, Nov 12 (Reuters) - Germany's Bayer BAYGn.DE said on Wednesday it expected higher one-off costs this ...
Reuters
Wed, Nov 12
UAE's Dana Gas signs pact to explore reviving Syria gas fields
By Yousef Saba DUBAI, Nov 12 (Reuters) - UAE-based Dana Gas DANA.AD said on Wednesday it had signed a preliminary deal with Syria's state oil company to assess redeveloping natural gas fields crippled in the 13-year civil war that made Syria reliant on imports from Iran.Syrian rebels ousted l...
Reuters
Wed, Nov 12
PRECIOUS-Gold steady ahead of US House vote on government reopening
Gold prices stabilizing before further gains, analyst says US House due to vote on Wednesday on government shutdownJP Morgan sees gold breaching $5,000/oz by 4Q 2026By Anmol Choubey Nov 12 (Reuters) - Gold prices were steady on Wednesday as investors awaited a U.S. House of Representatives vote o...
Reuters
Wed, Nov 12
Refined products push Oil higher – ING
Oil prices rallied yesterday, with ICE Brent settling more than 1.4% higher on the day, moving back above $65/bbl.
WTI
Fxstreet
Wed, Nov 12
China receives 14th cargo from sanctioned Arctic LNG 2 project
SINGAPORE, Nov 12 (Reuters) - China has received a 14th cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2, LSEG and Kpler data showed, despite U.S. and EU sanctions imposed on the project over Moscow's war in Ukraine.The most recent tanker to deliver LNG from the project to Chi...
Reuters
Wed, Nov 12
TotalEnergies agrees renewable power deal with Google for Ohio data centres
Nov 12 (Reuters) - Oil major TotalEnergies TTEF.PA has agreed a 15-year power purchase deal to supply Alphabet's Google GOOGL.O with 1.5 terawatt hours of renewable electricity from its Montpelier solar farm in Ohio, the French company said on Wednesday. The solar facility, which is nearing...
Reuters
Wed, Nov 12
Global wine output subdued by climate shocks, OIV says
By Sybille de La Hamaide PARIS, Nov 12 (Reuters) - Global wine production rose slightly in 2025, but output remained below average for a third consecutive year as vineyards faced extreme and volatile weather, the International Organization of Vine and Wine said.In first estimates, the OIV pegged ...
Reuters
Wed, Nov 12
ANALYSIS-China's soybean glut could defeat US export hopes after trade thaw
Little room for U.S. soybeans in China after record LatAm buysChina to struggle to buy 12 mln tons trumpeted by White HouseSoybean stocks at China's ports at record 10 mln metric tons By Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Nov 12 (Reuters) - China is grappling with a glut of soybea...
Reuters
Wed, Nov 12
TotalEnergies agrees renewable power deal with Google for Ohio data centres
Nov 12 (Reuters) - French oil major TotalEnergies TTEF.PA announced on Wednesday it has signed a 15-year power purchase agreement to supply Google GOOGL.O with 1.5 terawatt-hours of certified renewable electricity from its Montpelier solar farm in Ohio.The solar facility, which is nearing completion...
Reuters
Wed, Nov 12
METALS-Copper edges higher as US rate outlook, shutdown talks in focus
SHANGHAI, Nov 12 (Reuters) - Copper edged higher on Wednesday after stronger U.S. private-sector labour data lifted expectations of a Federal Reserve rate cut, while investors awaited progress toward resolving the prolonged U.S. government shutdown.The most-active copper contract on the Shanghai Fut...
Reuters
Wed, Nov 12
SSE PLC Announces Fully-Funded, 33 Bln Stg Five-Year Investment Plan
Nov 12 (Reuters) - SSE PLC SSE.L:SSE PLC - STRATEGIC UPDATESSE PLC - STRATEGIC UPDATESSE: FULLY-FUNDED, £33BN FIVE-YEAR INVESTMENT PLANSSE - £27BN TO BE INVESTED IN UK ELECTRICITY NETWORKSSSE: £3BN IS CURRENTLY UNCOMMITTED ACROSS SSE RENEWABLES AND SSE THERMAL BUSINESSESSSE: RECONFIRMING DIVISIONA...
Reuters
Wed, Nov 12
TABLE-UAE's Fujairah oil inventory data for week ended November 10
Nov 12 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended November 10, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...
Reuters
Wed, Nov 12
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $60.75 per barrel, down from Tuesday’s close at $60.88.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.75 after its previous daily close at $64.89.
WTI
Fxstreet
Wed, Nov 12
PRECIOUS-Gold rally cools as dollar edges higher, investors cash out
Dollar edges up from more than one-week lowSPDR Gold Trust holdings rose 0.41% on TuesdayBy Brijesh Patel Nov 12 (Reuters) - Gold prices eased on Wednesday, pulled down by a slight rebound in the dollar and profit-booking after the precious metal rose to a near three-week high a day earlier on ex...
Reuters
Wed, Nov 12
Italy's Nextchem plans IPO when market recognises energy transition value
By Giancarlo Navach MILAN, Nov 12 (Reuters) - Nextchem, the energy transition unit of Italian engineering group Maire MTCM.MI, aims to go public, its managing director said, adding the listing would happen when the parent company considers the market valuation is sufficiently high. "We are re...
Reuters
Wed, Nov 12
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