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Abu Dhabi's XRG targets gas, LNG capacity of 20-25 million tons a year by 2035
DUBAI, June 3 (Reuters) - XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is aiming to have a gas and LNG business with a capacity of between 20 million and 25 million metric tons a year by 2035, the company said in a statement on Tuesday.XRG was set up last year as ...Reuters
Tue, Jun 3
Russia accuses Ukraine of terrorism after railway bridge blasts
MOSCOW, June 3 (Reuters) - Russia's state Investigative Committee accused Ukraine on Tuesday of carrying out "acts of terrorism" by blowing up two railway bridges in Russia over the weekend.The attacks were planned to target hundreds of civilians, the committee said on Telegram. It said ...Reuters
Tue, Jun 3
EPNG Declares Force Majeure At Blanco “A” Station
June 3 (Reuters) - KINDER MORGAN'S KMI.N EL PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES FORCE MAJEURE AT BLANCO A STATION LOCATED IN SAN JUAN COUNTY, NEW MEXICOSAYS IT HAS EXPERIENCED ELECTRICAL EQUIPMENT FAILURES ASSOCIATED WITH ITS BLANCO “A” COMPRESSOR STATION LOCATED IN SAN JUAN COUNTY, ...Reuters
Tue, Jun 3
GRAINS-Wheat turns higher as Ukrainian strikes continue, corn and soy rebound
Ukraine's strikes on Russian-held territory rekindle war worriesWheat had fallen earlier after improved U.S. crop ratingsCorn and soybeans recover from lowsBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 3 (Reuters) - Chicago wheat rose on Tuesday to reverse an earlier fall as news of...Reuters
Tue, Jun 3
CBOT Trends-Wheat up 4-5 cents, corn up 3-4, soy up 3-6
CHICAGO, June 3 (Reuters) - The 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 Tuesday. WHEAT - Up 4 to 5 cents per bushelCBOT wheat Wv1 edged higher as traders focused on tensions in the Black Sea,...Reuters
Tue, Jun 3
Trump to nominate Swett for FERC head, chair says
WASHINGTON, June 3 (Reuters) - U.S. President Donald Trump will nominate Laura Swett as chair of the Federal Energy Regulatory Commission, the current head of the panel said in a post on social media. Swett, an energy lawyer with Vinson & Elkins, represents pipeline and power companies in cases ...Reuters
Tue, Jun 3
Russia says traffic on Crimea bridge temporarily suspended
MOSCOW, June 3 (Reuters) - Road traffic on the bridge linking Russia and the Crimean peninsula has been temporarily suspended, Russian authorities said on Telegram on Tuesday.Ukraine's SBU security service said on Tuesday it had hit the road and rail bridge with underwater explosives.Reuters
Tue, Jun 3
GRAINS-Wheat eases on improved US crop rating, corn steadies after six-month low
USDA's spring and winter wheat ratings exceed expectationsCorn and soybeans steady after lowsFavourable crop conditions and tariff tensions weigh on grain marketsBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 3 (Reuters) - Chicago wheat edged lower on Tuesday, giving up some of the p...Reuters
Tue, Jun 3
Russia says it has started restoring electricity to Zaporizhzhia after Ukrainian attack
MOSCOW, June 3 (Reuters) - Yevgeny Balitsky, the Russian-installed head of the Zaporizhzhia region in southern Ukraine, said the process of reconnecting consumers to the power grid was under way after a Ukrainian attack left people without power.Balitsky said on Telegram that around 20% of the mor...Reuters
Tue, Jun 3
COLUMN-Rio Tinto bets lithium will retain its battery metal crown: Andy Home
By Andy Home LONDON, June 3 (Reuters) - It's a tough time to be a lithium producer as the light metal sinks under the weight of excess supply. Lithium hydroxide prices LTHc1 have collapsed by 90% from their 2022 peak and show no signs of recovery. Multiple producers are now operating at zero ...Reuters
Tue, Jun 3
Airlines stick to net zero target despite green fuel doubts
Airlines face challenges with affordable greener fuel suppliesIATA estimates $4.7 trillion cost for net zero by 2050By Rajesh Kumar Singh, Shivansh Tiwary and Tim HepherNEW DELHI, June 3 (Reuters) - Global airlines wrapped up a two-day summit on Tuesday sticking to a target of net zero emissions by ...Reuters
Tue, Jun 3
PRECIOUS-Gold retreats from near four-week high as dollar gains; investors stay cautious
US pushes countries for best trade offers by WednesdayTrump and Xi will likely speak this week, White House saysOECD trims global outlook as Trump trade war hits US growthBy Anushree Mukherjee June 3 (Reuters) - Gold pulled back on Tuesday after nearing a four-week high earlier in the session, as...Reuters
Tue, Jun 3
Gold eases from almost one-month high ahead of US JOLTS data, more Fed speak
Gold prices are experiencing a mild pullback after testing their highest levels since May 8 on Monday, as investors continue to digest trade-related headlines, including US President Donald Trump’s request that countries submit their trade offers by Wednesday and the possibility of a call between Tr
Fxstreet
Tue, Jun 3
RPT-COLUMN-Crop Watch: Corn improves but soy health is lacking -Braun
By Karen Braun NAPERVILLE, Illinois, June 2 (Reuters) - Although not all fields have emerged, U.S. Crop Watch soybean conditions are starting out on their worst note in at least five years, similar to the corn ratings a week ago.Only eight of the 11 Crop Watch soybean fields are available for rat...Reuters
Tue, Jun 3
Gold flowing back from the United States to Switzerland – Commerzbank
Another aspect of the Swiss Gold export data is worth mentioning: Gold shipments to the US slumped to 12.7 tons in April, while at the same time 63 tons of Gold were shipped from the US to Switzerland, Commerzbank's FX analyst Michael Pfister notes.Fxstreet
Tue, Jun 3
RPT-COLUMN-BP needs to scrap its Big Oil mentality, and its buybacks: Bousso
BP's net debt reached $27 billion by end of Q1CEO aims to reduce net debt to $14-$18 billion by 2027Shares have underperformed rivals since strategy reset in FebruaryBy Ron Bousso LONDON, June 3 - BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature...Reuters
Tue, Jun 3
XRG targets gas, LNG capacity of 20-25 million tons per year by 2035
DUBAI, June 3 (Reuters) - XRG, the international investment arm of Abu Dhabi National Oil Company, said on Tuesday it aims to have a gas and LNG business with capacity of between 20 million and 25 million metric tons per annum by 2035.XRG's board, which includes former BP CEO Bernard Looney and ...Reuters
Tue, Jun 3
Constellation And Meta Reach 20-Year Power Purchase Deal To Keep Illinois Nuclear Plant Open Through 2047
June 3 (Reuters) - Constellation Energy Corp CEG.O:CONSTELLATION AND META REACH 20-YEAR POWER PURCHASE DEAL TO KEEP ILLINOIS NUCLEAR PLANT OPEN THROUGH 2047CONSTELLATION ENERGY: DEAL TO EXPAND CLINTON'S CLEAN ENERGY OUTPUT BY 30 MW THROUGH PLANT UPRATESCONSTELLATION ENERGY: ALSO EVALUATING STRAT...Reuters
Tue, Jun 3
