News
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Japan's JERA agrees to buy US LNG to rebalance supply portfolio away from Australia
JERA's US LNG supply to rise from 10% to nearly 30% of its mixJERA signs heads of agreement with Sempra, Cheniere for LNG supplyAll four are FOB contracts with no destination restrictionsBy Yuka Obayashi, Katya Golubkova and Kentaro Okasaka TOKYO, June 12 (Reuters) - JERA, Japan's biggest...Reuters
Wed, Jun 11
Trump administration moves to repeal Biden power plant pollution rules
EPA proposes repeal of carbon, mercury rules to save moneyEPA administrator says coal, gas power needed for data centersEnvironmental groups warn of higher public health costsBy Valerie Volcovici WASHINGTON, June 11 (Reuters) - President Donald Trump's administration has proposed repealin...Reuters
Wed, Jun 11
CSX Announces Ratification Of Labor Deal With Locomotive Engineers
June 11 (Reuters) - CSX Corp CSX.O:CSX ANNOUNCES RATIFICATION OF LABOR DEAL WITH LOCOMOTIVE ENGINEERSCSX CORP: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN VOTED TO RATIFY FIVE-YEAR COLLECTIVE BARGAINING AGREEMENTCSX CORP - AGREEMENT WITH BLET INCLUDES WAGE INCREASES AND HEALTH IMPROVEMENTSReuters
Wed, Jun 11
GRAINS-Soy, corn futures retreat on weather as US-China optimism cools
Soybeans firmed initially on Sino-U.S. trade talks optimismFutures fell due to lack of agricultural specifics in trade talksMonthly USDA supply/demand report awaitedBy Julie Ingwersen CHICAGO, June 11 (Reuters) - Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initia...Reuters
Wed, Jun 11
US immigration raid of Omaha meat plant cuts staff, fuels food production worries
Glenn Valley Foods has skeleton staff after immigration sweepTraders worry raids could disrupt US food productionMeat processors face labor shortage, industry group saysBy Tom Polansek CHICAGO, June 11 (Reuters) - U.S. meat producer Glenn Valley Foods was operating an Omaha, Nebraska, facility wi...Reuters
Wed, Jun 11
U.S. nuclear power plant outages
June 11 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total...Reuters
Wed, Jun 11
EXCLUSIVE-Chile's Codelco to focus on public-private partnerships to boost finances and production, CFO says
Codelco to focus on public-private partnerships for growthGlobal demand for copper and lithium drives Codelco's strategyCodelco strengthens exploration budget, aims for $150M annually by 2025By Fabian Cambero SANTIAGO, June 11 (Reuters) - Chile's Codelco, the world's largest copper pr...Reuters
Wed, Jun 11
RPT-Canada should not rush potential sale of TMX pipeline, Trans Mountain CEO says
CALGARY, June 11 (Reuters) - Canada should not rush to sell the newly expanded Trans Mountain Pipeline, its CEO Mark Maki said on Wednesday at a conference in Canada. The Canadian government, which owns the C$34 billion pipeline, should be able to recover some of its investment if it plays its cards...Reuters
Wed, Jun 11
Canada should not rush potential sale of TMX pipeline, Trans Mountain CEO says
CALGARY, June 11 (Reuters) - Canada should not rush to sell the newly expanded Trans Mountain Pipeline, its CEO Mark Maki said on Wednesday at a conference in Canada. The Canadian government, which owns the C$34 billion pipeline, should be able to recover some of its investment if it plays its cards...Reuters
Wed, Jun 11
Japan's JERA agrees to buy US LNG to rebalance supply portfolio
JERA's U.S. LNG supply to rise from 10% to nearly 30% of its mixJERA signs heads of agreement with Sempra, Cheniere for LNG supplyAll four are FOB contracts with no destination restrictionsBy Yuka Obayashi, Katya Golubkova and Kentaro Okasaka TOKYO, June 12 (Reuters) - JERA, Japan's bigge...Reuters
Wed, Jun 11
Japan's JERA agrees to buy LNG from Cheniere, Sempra
WASHINGTON, June 11 (Reuters) - JERA, Japan's largest power utility, has agreed to buy up to 5.5 million metric tons per annum of U.S. liquefied natural gas under 20 year contracts, with deliveries starting around 2030, U.S. and JERA officials said on Wednesday.JERA agreed to buy 1.5 mtpa from S...Reuters
Wed, Jun 11
CIF/FOB Gulf Grain-Soybean barge basis bids turn lower, corn steady
CHICAGO, June 11 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals turned lower on Wednesday, following weaker basis bids at some Midwest crushing sites, traders said.Some domestic crushers in the interior Midwest lowered their bids, which brokers said would likely ...Reuters
Wed, Jun 11
World Bank to end ban on nuclear energy projects, still debating upstream gas
WASHINGTON, June 11 (Reuters) - The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising electricity needs, the bank's president Ajay Banga said on Wednesday.Banga outlined the bank's r...Reuters
Wed, Jun 11
CBOT wheat ends narrowly mixed; USDA data awaited
CHICAGO, June 11 (Reuters) - Chicago Board of Trade wheat futures closed narrowly mixed on Wednesday, awaiting fresh direction after weekly U.S. condition ratings improved this week and the winter wheat harvest was set to begin in much of the Northern Hemisphere, traders said. CBOT July soft red win...Reuters
Wed, Jun 11
Consumer Reports urges Congress to drop electric vehicle tax proposal
By David Shepardson WASHINGTON, June 11 (Reuters) - An influential consumer organization on Wednesday urged Republican lawmakers to drop a plan to impose a proposed $250 annual fee on electric cars to pay for road repairs.Consumer Reports, which also tests and rates new vehicles, noted that Repub...Reuters
Wed, Jun 11
ICE canola futures juggle trade deal talk and mixed weather
WINNIPEG, Manitoba, June 11 (Reuters) - ICE canola futures rose on Wednesday as dry weather and optimism about potential U.S. trade deals trumped forecasts of rain for much of Western Canada.• July canola RSN5 settled up $5.10 at $714.30 per metric ton. November RSX5 settled up $2.70 at $693.90.• Fa...Reuters
Wed, Jun 11
EXCLUSIVE-Barrick Mining removes Mali gold complex from 2025 output forecast, sources say
Mines accounted for 14% of Barrick's total gold output: analystsMali has blocked gold exports, detained staff, seized stockMali allows Barrick to repatriate 20% earnings internationally, sources sayBy Divya Rajagopal and Portia Crowe TORONTO/DAKAR, June 11 (Reuters) - Barrick Mining ABX.TO ha...Reuters
Wed, Jun 11
CBOT corn slips on benign US crop weather; USDA monthly data awaited
CHICAGO, June 11 (Reuters) - Chicago Board of Trade corn futures ended lower on Wednesday as benign U.S. weather outlooks and strong production prospects overshadowed early support from the United States and China agreeing on the framework of a trade truce, traders said.CBOT July corn CN25 settled d...Reuters
Wed, Jun 11
Alberta premier says province working on proposal for new crude oil pipeline to Port of Prince Rupert
Alberta seeks private sector lead for new pipeline projectCanada aims to diversify oil exports amid US trade tensionsPathways Alliance project linked to pipeline for emissions reductionBy Amanda Stephenson CALGARY, June 11 (Reuters) - Alberta Premier Danielle Smith said on Wednesday the province ...Reuters
Wed, Jun 11
