News
Important Only
Pembina Pipeline to supply LNG to Malaysia's PETRONAS for 20 years
Nov 5 (Reuters) - Canadian oil and gas company Pembina Pipeline PPL.TO said on Wednesday it will supply 1.0 million tons per annum of liquefied natural gas to Malaysia's PETRONAS IPO-PETO.KL for 20 years from its Cedar LNG project.The deal marks a key milestone for the $4 billion Cedar LNG proje...Reuters
Wed, Nov 5
Kazakhstan's October oil output down 10% from September, source says
Output remains above OPEC+ quota Tengiz oilfield's output hit by maintenanceMOSCOW, Nov 5 (Reuters) - Kazakhstan's crude oil production excluding gas condensate declined 10% last month to 1.69 million barrels per day, still above the OPEC+ output quota, according to an industry source and Re...Reuters
Wed, Nov 5
PRECIOUS-Gold rises more than 1% on risk-off mood, dollar pause
US private jobs data due at 0815 ETEuropean shares hit two-week lowBy Brijesh Patel Nov 5 (Reuters) - Gold prices gained more than 1% on Wednesday, with a slight U.S. dollar pullback and wider risk-off sentiment driving demand.Spot gold XAU= was up 0.8% at $3,963.03 per ounce at 1203 GMT. U.S. go...Reuters
Wed, Nov 5
Targa Resources beats profit estimates on record Permian volumes, boosts dividend
Nov 5 (Reuters) - Pipeline operator Targa Resources TRGP.N beat estimates for third-quarter adjusted core profit on Wednesday, boosted by record natural gas and liquids volumes from the Permian basin. Its shares rose 1.3% in premarket trading, as the company also announced plans to raise its...Reuters
Wed, Nov 5
First Majestic Silver Q3 revenue surges 95% on higher production, prices
OverviewFirst Majestic Q3 rev up 95% yr/yr, boosted by Los Gatos Silver MineRecord silver production of 3.9 mln ounces, up 96% yr/yrAdjusted EPS for Q3 was $0.07, reflecting strong earnings growthOutlookCompany did not provide specific guidance for future quartersResult DriversLOS GATOS CONTRIBUTION...Reuters
Wed, Nov 5
Gold steadies ahead of ADP and ISM reports; US Dollar strength caps upside
Gold (XAU/USD) holds steady within familiar ranges on Wednesday as a mild risk-off tone across global markets underpins demand for the safe-haven metal. At the time of writing, XAU/USD is trading around $3,965, recovering modestly from Tuesday’s low of $3,928.
Fxstreet
Wed, Nov 5
Chevron nears a final investment decision on capacity expansion of Leviathan natgas field
LONDON, Nov 5 (Reuters) - Chevron CVX.N said on Wednesday it was nearing a final investment decision for a potential capacity expansion of the Leviathan reservoir off Israel's Mediterranean coast.In August, the Leviathan natural gas field signed the largest export agreement in Israel's histo...Reuters
Wed, Nov 5
PRESS DIGEST-Canada - November 5
Nov 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- India has joined China in imposing steep tariffs on Canadian yellow peas, 30% and 100% respectively, crippling expor...Reuters
Wed, Nov 5
Cannabis firm Cresco Labs beats Q3 revenue expectations
OverviewCresco Labs Q3 revenue of $165 mln beats analyst expectationsCompany reports Q3 net loss of $22 mln, impacted by debt refinancing costsCompany expands into Kentucky, plans product launch in GermanyOutlookCresco Labs plans to expand with new dispensaries in Ohio and KentuckyCompany anticipate...Reuters
Wed, Nov 5
Hungary aims to conclude economic and energy deal at Trump-Orban meeting, minister says
BUDAPEST, Nov 5 (Reuters) - Hungary aims to conclude a meeting between U.S. President Donald Trump and Hungary's Prime Minister Viktor Orban with a deal on an economic and energy package, Foreign Minister Peter Szijjarto said in a briefing on Wednesday.Orban has said earlier that at their meetin...Reuters
Wed, Nov 5
Cannabis firm Trulieve posts wider Q3 net loss
OverviewTrulieve Q3 revenue rises 1% yr/yr to $288 mln, with 59% gross marginCompany reports Q3 net loss of $27 mln, adjusted net loss of $12 mlnTrulieve generated $77 mln in cash flow from operations in Q3Result DriversRETAIL SALES - 94% of Q3 revenue came from retail sales, contributing significan...Reuters
Wed, Nov 5
PRECIOUS-Gold rises more than 1% on risk-off mood, dollar pause
US private jobs data due at 0815 ETEuropean shares hit two-week lowBy Brijesh Patel Nov 5 (Reuters) - Gold prices gained more than 1% on Wednesday, with a slight U.S. dollar pullback and wider risk-off sentiment driving demand.Spot gold XAU= was up 0.8% at $3,966.54 per ounce by 1044 GMT. U.S. go...Reuters
Wed, Nov 5
Bunge beats third-quarter profit estimates
Nov 5 (Reuters) - Bunge BG.N beat Wall Street estimates for third-quarter adjusted profit on Wednesday, as the grain trader benefited from a recovery in processing margins and higher volumes of crop sales.The company posted an adjusted profit of $2.27 per share for the three months ended September 3...Reuters
Wed, Nov 5
Vestas CFO Says Better Offshore Wind Auction Design Needed Across Europe
Nov 5 (Reuters) - Vestas Wind Systems A/S VWS.CO:VESTAS CFO: WE REALLY NEED BETTER OFFSHORE WIND AUCTION DESIGN ACROSS EUROPEVESTAS CFO: WE SEE A STRONG DEMAND IN THE U.S. FOR ONSHORE WINDVESTAS CFO: WE HAVE THE MITIGATIONS IN PLACE TO PASS OVER THE TARIFFS TO OUR CUSTOMERSVESTAS CFO: SOME OF OUR CU...Reuters
Wed, Nov 5
Tender Conditions For Offshore Wind Are Improving In Europe, Orsted CEO Says
Nov 5 (Reuters) - Oersted A/S ORSTED.CO:ORSTED CEO: THE CONSTRUCTION OF REVOLUTION WIND IS ON TRACKORSTED CEO: WE ARE STILL IN DIALOGUE TO FIND A PERMANENT SOLUTION WITH THE U.S. ADMINISTRATION ON THE REVOLUTION WIND PROJECTORSTED CEO: WE ARE SEEING THAT THE TENDER CONDITIONS FOR OFFSHORE WIND ARE I...Reuters
Wed, Nov 5
RPT-ANALYSIS-Toyota, Honda turn India into car production hub in pivot away from China
Japanese automakers invest billions in India to reduce China dependenceIndia's low costs and incentives attract Japanese carmakersToyota, Honda, Suzuki expand production and exports in IndiaBy Aditi Shah, Daniel Leussink and Maki Shiraki TOKYO, Nov 5 (Reuters) - Toyota, Honda and Suzuki are s...Reuters
Wed, Nov 5
ANALYSIS-Toyota, Honda turn India into car production hub in pivot away from China
Japanese automakers invest billions in India to reduce China dependenceIndia's low costs and incentives attract Japanese carmakersToyota, Honda, Suzuki expand production and exports in IndiaBy Aditi Shah, Daniel Leussink and Maki Shiraki TOKYO, Nov 5 (Reuters) - Toyota, Honda and Suzuki are s...Reuters
Wed, Nov 5
