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Carlos Slim's Grupo Carso is reviewing feasibility of deepwater gas field project
MEXICO CITY, Oct 28 (Reuters) - Grupo Carso is reviewing the feasibility of the Lakach deepwater natural gas project in collaboration with state energy company Pemex and conducting new analyses to determine how to proceed, a company official said Tuesday.The company signed an agreement last year to ...Reuters
Tue, Oct 28
RFK Jr. directs CDC to study alleged harms of offshore wind farms, Bloomberg News reports
Oct 28 (Reuters) - U.S. health secretary Robert Kennedy Jr. ordered the Centers for Disease Control and Prevention staff to probe the potential harms of offshore wind farms, Bloomberg News reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report.Reuters
Tue, Oct 28
US warns citizens in Mali to leave country immediately
WASHINGTON, Oct 28 (Reuters) - The United States warned Americans in Mali on Tuesday to leave the country immediately using commercial flights, as its government comes under increasing pressure from al Qaeda-linked insurgents, who are imposing a fuel blockade.Jama'at Nusrat al-Islam wal-Muslimin...Reuters
Tue, Oct 28
US official meets mining executives in Brazil to discuss rare earths, says source
By Lisandra Paraguassu and Marta NogueiraBRASILIA/SALVADOR, Oct 28 (Reuters) - U.S. Charge D'Affaires in Brazil, Gabriel Escobar, held meetings with mining executives during an industry event on Tuesday to discuss rare earths, a source with knowledge of the matter told Reuters.The meetings were ...Reuters
Tue, Oct 28
METALS-Copper steadies above $11,000 ahead of Fed meet, US-China talks
Oct 28 (Reuters) - Copper held above $11,000 per metric ton on Tuesday, after Monday's rally just missed a record high, with investors awaiting their cue from the U.S. Federal Reserve and talks between President Donald Trump and his Chinese counterpart.Brokerages expect the Fed to trim its short...Reuters
Tue, Oct 28
EU wheat trims gains after previous session rally
PARIS, Oct 28 (Reuters) - European wheat edged lower on Tuesday, paring some of the gains recorded the previous day, as attention returned to hefty global wheat supplies and incoming harvests in Argentina and Australia.Benchmark December milling wheat BL2Z5 on Paris-based Euronext closed 0.5% lower ...Reuters
Tue, Oct 28
EXCLUSIVE-Venezuela asks Trinidad to provide details of Exxon field tests, sources say
HOUSTON/CARACAS, Oct 28 (Reuters) - Venezuela is asking its neighbor Trinidad and Tobago to provide the location and other details of the first field tests to be conducted by energy producer Exxon Mobil XOM.N in a large offshore area it was recently awarded in the Caribbean country, according to two...Reuters
Tue, Oct 28
Smithfield Foods says higher pork prices boost sales
Smithfield reports fresh pork prices jumped 12%Consumer spending remains cautious, executives sayCompany faces 57% tariffs on US exports to ChinaBy Tom Polansek and Savyata Mishra Oct 28 (Reuters) - Smithfield Foods SFD.O, the biggest U.S. pork processor, said on Tuesday that its quarterly reven...Reuters
Tue, Oct 28
France's CMA CGM, Red Sea Gateway Terminal ink deal to develop and operate Jeddah port container terminal
CAIRO, Oct 28 (Reuters) - The Saudi Ports Authority, Mawani, announced an agreement between the Red Sea Gateway Terminal (RSGT) and France's CMA CGM to develop and operate a container terminal at Jeddah Islamic Port, Saudi state news agency SPA reported. The investments for the project were ...Reuters
Tue, Oct 28
Chilean police raid Codelco mining offices in probe into fatal accident
By Fabian Cambero SANTIAGO, Oct 28 (Reuters) - Chilean police raided the offices of state-owned miner Codelco to gather information as they investigated the July collapse at its flagship El Teniente mine which killed six workers, the company said Tuesday. The mine has resumed operations in un...Reuters
Tue, Oct 28
Category 5 hurricane Melissa makes landfall in Jamaica, NHC says
Oct 28 (Reuters) - Hurricane Melissa made landfall in Jamaica on Tuesday as a category five hurricane, the U.S. National Hurricane Center (NHC) said in its latest advisory.It was one of the most powerful hurricane landfalls on record in the Atlantic basin, the NHC added.Reuters
Tue, Oct 28
Mexico's Grupo Carso is reviewing feasibility of deepwater gas field project
MEXICO CITY, Oct 28 (Reuters) - Grupo Carso is reviewing the feasibility of the Lakach deepwater natural gas project in collaboration with state energy company Pemex and conducting new analyses to determine how to proceed, a company official said Tuesday.Pemex and firms that form part of the empire ...Reuters
Tue, Oct 28
US utility Dominion expects data-center demand to double by 2039
By Liz HamptonDENVER, Oct 28 (Reuters) - U.S. electric utility Dominion Energy D.N, which operates across the largest concentration of data centers in the world, said it expects power demand to double over the next decade and a half, driven by surging consumption from those facilities.Data centers n...Reuters
Tue, Oct 28
PRECIOUS-US-China trade progress sends gold to three-week low
Wall Street's main indexes open at record highsLBMA's annual gathering sees gold at $4,980 per ounce over the next 12 months Bank of America says market has become overboughtBy Anjana Anil and Pablo Sinha Oct 28 (Reuters) - Gold slipped to a three-week low on Tuesday as hopes for progres...Reuters
Tue, Oct 28
Mining giant Grupo Mexico's Q3 profit up over 50% on strong molybdenum, silver, zinc sales
By Natalia Siniawski MEXICO CITY, Oct 28 (Reuters) - Mining and transportation conglomerate Grupo Mexico GMEXICOB.MX reported third-quarter net profit rose more than 50%, boosted by higher sales volumes of molybdenum, silver and zinc even as copper production fell.Net profit for the group, a lead...Reuters
Tue, Oct 28
NextEra has ordered major items for Duane Arnold nuclear restart, CEO says
By Laila KearneyOct 28 (Reuters) - NextEra Energy NEE.N has ordered major equipment for the restart of its Duane Arnold nuclear power plant in Iowa, with items including a power generator and cooling towers, CEO John Ketchum told Reuters on Tuesday. NextEra, which is one of the largest global power ...Reuters
Tue, Oct 28
Iraq awards investment contract to CAAP-led group to develop Baghdad airport
CAIRO, Oct 28 (Reuters) - Iraq has awarded an investment contract to develop and operate Baghdad's international airport to a consortium led by Corporacion America Airports CAAP.N, the Iraqi prime minister's office said on Tuesday. The consortium is expected to spend $764 million on ...Reuters
Tue, Oct 28
WTI Oil declines on OPEC+ production hike, Russia sanctions offer partial support
West Texas Intermediate (WTI) US Oil drops 2.55% on Tuesday, trading around $59.80 at the time of writing. Crude Oil prices come under pressure after reports that the Organization of the Petroleum Exporting Countries and its allies (OPEC+) plan to increase production starting in December.
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Tue, Oct 28
Sherwin-Williams beats profit estimates on strong demand for paints, coatings
By Pranav Mathur Oct 28 (Reuters) - Sherwin-Williams SHW.N beat Wall Street estimates for quarterly profit on Tuesday, boosted by strong demand for its paints and coatings in a recovering housing market, sending its shares up 4%.U.S. home sales, which dipped in July, rebounded sharply in August ...Reuters
Tue, Oct 28
Chevron Reports Unplanned Flaring At El Segundo, CA Refinery
Oct 28 (Reuters) - CHEVRON CORP CVX.N: REPORTS UNPLANNED FLARING AT EL SEGUNDO, CALIFORNIA REFINERYSAYS INITIAL DETERMINATION UNKNOWN SOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGCAPACITY: 285,000-BARREL-PER-DAYReuters
Tue, Oct 28
