News
Important Only
US to announce recipients of plutonium for reactors by year-end
US plans to make weapons-grade plutonium availableUS expects to begin saying who gets material by Dec. 31Nuclear safety experts concerned about proliferationPrevious US plutonium MOX fuel effort failedBy Timothy Gardner WASHINGTON, Oct 22 (Reuters) - The U.S. Department of Energy expects to begin...Reuters
Wed, Oct 22
Upstream oil and gas dealmaking down in third quarter as oil prices stayed low
By Georgina McCartneyHOUSTON, Oct 22 (Reuters) - Persistently weak crude prices pressured merger and acquisition activity in the U.S. upstream oil and gas sector in the third quarter, analytics firm Enverus said on Wednesday. Dealmaking fell for the third straight quarter as U.S. crude futures CLc1 ...Reuters
Wed, Oct 22
Chevron-led Tengiz to resume Ceyhan pipeline oil exports from Kazakhstan in November, sources say
MOSCOW, Oct 22 (Reuters) - A Chevron-led CVX.N consortium developing Kazakhstan's largest oilfield Tengiz will resume oil exports via the Baku-Tbilisi-Ceyhan pipeline in November, three industry sources said on Wednesday.The pipeline runs through Georgia to Turkey and is used mainly to export oi...Reuters
Wed, Oct 22
US East Coast refinery utilization hits highest since 2023, EIA says
NEW YORK, Oct 22 (Reuters) - U.S. East Coast refinery utilization rose 0.3 percentage point to 93.7% in the week ended October 17, the highest rate since January 2023, the Energy Information Administration said on Wednesday.Net input of crude oil to East Coast refineries rose 19,000 barrels per day ...Reuters
Wed, Oct 22
UK data centre spend to soar to £10 billion a year - Barbour ABI
LONDON, Oct 22 (Reuters) - Spending on new UK data centres is set to rise to 10 billion pounds a year by 2029, a more than five-fold increase from 2024, analysis by construction data firm Barbour ABI has found. A total of 1.75 billion pounds was spent on data centres in the UK last year, with 2.38 b...Reuters
Wed, Oct 22
Hungary to start talks on buying nuclear fuel from United States
BUDAPEST, Oct 22 (Reuters) - Hungary will start talks on buying nuclear fuel from the United States to diversify its supply, Hungarian Foreign Minister Peter Szijjarto said on Wednesday in an interview with state news channel M1. Szijjarto, who has been in Washington since Tuesday, said that Hungary...Reuters
Wed, Oct 22
Angola's first major copper mine starts production
By Miguel GomesLUANDA, Oct 22 (Reuters) - Angola's first major copper mine, Tetelo, will soon begin production, Mines Minister Diamantino Azevedo said on Wednesday, part of the oil-rich African country's efforts to diversify into clean energy minerals.The $250 million mine, owned by China...Reuters
Wed, Oct 22
Brazil 2025/26 soy output forecast at record 178.5 mln T - Abiove
Oct 22 (Reuters) - BRAZIL 2025/26 SOY OUTPUT FORECAST AT RECORD 178.5 MILLION TNS VERSUS 171.8 MILLION TNS IN PREVIOUS SEASON - ABIOVE OILSEED GROUPABIOVE FORECASTS RECORD 2026 BRAZIL SOYBEAN EXPORTS AT 111 MILLION TNS VERSUS 109.5 MILLION TNS IN 2025ABIOVE PEGS SOYMEAL PRODUCTION AT RECORD 46.6 MIL...Reuters
Wed, Oct 22
PRECIOUS-Gold extends fall as investors book profits ahead of US inflation data
Gold fell over 5% on TuesdayUS inflation data due on FridayRussia prepares for potential Putin-Trump summitBy Noel John and Pablo Sinha Oct 22 (Reuters) - Gold prices fell on Wednesday to a near two-week low, following their sharpest single-day drop in five years in the previous session, as inve...Reuters
Wed, Oct 22
Russia to ask reservists to defend refineries after Ukrainian attacks
MOSCOW, Oct 22 (Reuters) - Russia's army top brass said on Wednesday it would seek to use reservists to defend civilian infrastructure such as oil refineries after a sharp rise in Ukrainian drone attacks deep into Russia over recent months. Amid a confrontation with the West over Russia's wa...Reuters
Wed, Oct 22
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Semirio With Solebay and Time Charter Contract for m/v Maera With CRC Shipping
Oct 22 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V SEMIRIO WITH SOLEBAY AND TIME CHARTER CONTRACT FOR M/V MAERA WITH CRC SHIPPINGDIANA SHIPPING INC - GROSS CHARTER RATE FOR M/V MAERA IS $11,750DIANA SHIPPING INC - EXPECT SEM...Reuters
Wed, Oct 22
CBOT Trends-Wheat and corn flat to up 1 cent, soy up 2-3 cents
CHICAGO, Oct 22 (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 Wednesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Flat to up 1 c...Reuters
Wed, Oct 22
US natural gas prices edge up to 3-month high on rising demand, near-record LNG export flows
LNG export flows near record highsSeasonally cold weather forecast boosts heating demandLower 48 states see decline in gas outputGas storage levels 4% above normal, easing supply concernsBy Scott DiSavinoOct 22 (Reuters) - U.S. natural gas futures edged up to a three-month high on Wednesday on forec...Reuters
Wed, Oct 22
Homebuilder NVR Q3 net income, homebuilding revenue down as new orders decline
OverviewNVR Q3 net income falls 20% yr/yr, with diluted EPS down 14%Company's Q3 homebuilding revenues decrease 4% yr/yrNVR's Q3 mortgage closed loan production down 7% yr/yrOutlookNVR did not provide specific future financial guidance in its press releaseResult DriversNEW ORDERS DECLINE - N...Reuters
Wed, Oct 22
Hungary to start talks on buying nuclear fuel from United States, minister says
BUDAPEST, Oct 22 (Reuters) - Hungary will start talks on buying nuclear fuel from the United States as it aims to diversify supply, Hungarian Foreign Minister Peter Szijjarto said on Wednesday in an interview broadcast on his Facebook page.Szijjarto, who has been in Washington since Tuesday, also sa...Reuters
Wed, Oct 22
US to announce by end of 2025 companies taking surplus plutonium for nuclear reactor fuel
WASHINGTON, Oct 22 (Reuters) - The U.S. Department of Energy expects to begin announcing by December 31 which companies will take about 19.7 metric tons of surplus Cold War-era plutonium for processing into nuclear reactor fuel, a document showed on Wednesday.Reuters reported in August that the Trum...Reuters
Wed, Oct 22
PREVIEW-US chemical firms set for another weak quarter on China-led supply glut, tariffs
U.S. chemical earnings to be pressured by weak industrial demandChinese overcapacity squeezes margins, deepens global supply glutInvestors watching cost control, recovery signals in callsBy Katha Kalia Oct 22 (Reuters) - U.S. chemical companies are likely to post another quarter of subdued earni...Reuters
Wed, Oct 22
USTR Greer, Treasury's Bessent heading to Malaysia for talks with Chinese counterparts
WASHINGTON, Oct 22 (Reuters) - U.S. Trade Representative Jamieson Greer said he and Treasury Secretary Scott Bessent will head to Malaysia on Wednesday to meet with Chinese officials about what he called "incredibly aggressive" measures by Beijing to curb exports of rare earth minerals.Besse...Reuters
Wed, Oct 22
