News
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Carbon Measures global accounting group to form independent panel
Carbon Measures backed by 19 companiesFunders include ExxonMobil, BASF, SantanderExpert panel to include academia, civil societyBy Simon JessopLONDON, Oct 27 (Reuters) - Carbon Measures, a global carbon accounting initiative backed by several big energy and multinational companies, will form an inde...Reuters
Mon, Oct 27
W. Africa Crude-Nigerian exports to rise in December
LONDON, Oct 27 (Reuters) - West African crude differentials were steady on Monday as traders digested Nigerian loading programmes for December.Exports of four key Nigerian crude oil grades are scheduled at 782,000 barrels per day (bpd) in December, as per preliminary loading programmes seen by Reute...Reuters
Mon, Oct 27
US Plains HRW Wheat-Basis bids steady as futures bounce
CHICAGO, Oct 27 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in the U.S. Plains on Monday as futures gained support from optimism over upcoming U.S.-China trade talks. Roughly one-third of U.S. wheat has remained too dry, an analyst note said.Farmers have shied away from sel...Reuters
Mon, Oct 27
PRECIOUS-Gold slips below $4,000 per ounce as US-China trade progress cools safe-haven demand
Federal Reserve's rate decision anticipated this weekCapital Economic lowers end-2026 gold price forecastTrump and Xi to discuss trade accord on ThursdayBy Anjana Anil and Pablo Sinha Oct 27 (Reuters) - Gold prices fell below $4,000 per ounce on Monday as signs of a thaw in U.S.-China trade ...Reuters
Mon, Oct 27
US Cash Grains-Soybean basis mixed, corn steady as futures bounce
CHICAGO, Oct 27 (Reuters) - Spot cash soybean basis bids were mixed while corn bids were steady on Monday as futures climbed.The soybean basis fell at an Ohio elevator and rose at an Iowa river terminal.U.S. Treasury Secretary Scott Bessent said on Sunday U.S. and Chinese officials have agreed on a ...Reuters
Mon, Oct 27
Mexico's Pemex reports Q3 net loss of 61.25 bln pesos
MEXICO CITY, Oct 27 (Reuters) - Mexican state energy company Pemex reported a 61.25 billion peso ($3.34 billion) third-quarter net loss on Monday, according to a filing with the Mexican stock exchange.Revenues for one of the country's biggest companies during the July-to-September period totaled...Reuters
Mon, Oct 27
Oilfield giants pivot to booming AI infrastructure as drilling demand wanes
By Arunima KumarOct 27 (Reuters) - Oilfield services giants SLB SLB.N, Halliburton HAL.N and Baker Hughes BKR.O are turning to data centers and related artificial intelligence infrastructure work to drive their next phase of growth as they navigate slowing drilling demand and idle rigs across North ...Reuters
Mon, Oct 27
Indiana Michigan Power's Cook Nuclear Plant Unit 2 Completes Fall 2025 Refueling Outage
Oct 27 (Reuters) - INDIANA MICHIGAN POWER AEPIG.UL:SAYS COOK NUCLEAR PLANT UNIT 2 COMPLETED ITS FALL 2025 REFUELING OUTAGE WHICH BEGAN SEPTEMBER 20, CONNECTING TO THE TRANSMISSION GRID AT 2:12 A.M, OCTOBER 25.SAYS COOK'S UNIT 1 REMAINED SAFELY AT FULL POWER FOR THE DURATION OF THE 35-DAY UNIT 2 ...Reuters
Mon, Oct 27
CXS Says Customers To Expect Shipment Delays In Virginia After Oct 25 Derailment
Oct 27 (Reuters) - CSX Corp CSX.O:CSX CORP: CUSTOMERS TO EXPECT SHIPMENT DELAYS THROUGH PROVIDENCE FORGE, VIRGINIA, TWO CSX LOCOMOTIVES & 53 COAL CARS WENT OFF TRACKS ON OCT 25CSX CORP: NO INJURIES AS RESULT OF INCIDENT, NO HAZARDOUS MATERIALS WERE BEING TRANSPORTED BY CARS INVOLVEDCSX CORP: CAU...Reuters
Mon, Oct 27
PRECIOUS-Gold slips below $4,000 per ounce as US-China trade progress cools safe-haven demand
Federal Reserve's rate decision anticipated this weekCapital Economic lowers end-2026 gold price forecastTrump and Xi to discuss trade accord on ThursdayBy Anjana Anil and Pablo Sinha Oct 27 (Reuters) - Gold prices fell below $4,000 per ounce on Monday as signs of a thaw in U.S.-China trade ...Reuters
Mon, Oct 27
EXCLUSIVE-US Department of Energy forms $1 billion supercomputer and AI partnership with AMD
Supercomputers to help harness fusion energy, treat cancer Lux supercomputer to come online in six months Discovery supercomputer to be ready in 2029By Timothy Gardner and Max A. CherneyWASHINGTON/SAN FRANCISCO, Oct 27 (Reuters) - The U.S. has formed a $1 billion partnership with Advanced Micro Devi...Reuters
Mon, Oct 27
Exxon-backed carbon accounting group to appoint independent panel, CEO says
Carbon Measures backed by 19 companiesFunders include ExxonMobil, BASF, SantanderExpert panel to include academia, civil societyBy Simon JessopLONDON, Oct 27 (Reuters) - Carbon Measures, a new carbon accounting initiative backed by a number of big energy and multinational companies, will create an i...Reuters
Mon, Oct 27
CBOT Trends-Wheat up 11-13 cents, corn up 6-7, soy up 17-23
CHICAGO, Oct 27 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Up 11 to 13 cents...Reuters
Mon, Oct 27
Ramaco to launch Wyoming hub for US rare earth, critical mineral stockpile
Oct 27 (Reuters) - Ramaco Resources METC.O said on Monday it plans to establish what it called the first U.S. stockpile of rare earth elements and critical minerals in Wyoming, in a move to bolster domestic raw material supply for defense and clean-energy industries. China currently dominates the ra...Reuters
Mon, Oct 27
US natural gas prices ease to one-week low on rising output, ample storage
Gas storage levels about 5% above normal, easing supply concernsLNG export feedgas hits all-time highColder weather and increased demand expected in coming weeksBy Scott DiSavino Oct 27 (Reuters) - U.S. natural gas futures eased about 1% to a one-week low on Monday on a small output increase in r...Reuters
Mon, Oct 27
FACTBOX-Automakers pool with EV makers to avoid EU emissions fines
MILAN, Oct 27 (Reuters) - Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies.Several legacy automakers face potential fines as the transition to EVs in Europe has proved slower than expected in rece...Reuters
Mon, Oct 27
