News
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Oman extends exploration and production agreement with Occidental Petroleum
CAIRO, May 18 (Reuters) - Oman's energy and minerals ministry has amended and extended an exploration and production agreement for Block 53 with U.S. company Occidental Petroleum OXY.N until 2050, Oman News Agency reported on Sunday.It said the agreement was worth an estimated 11.5 billion Omani...Reuters
Sun, May 18
China slaps anti-dumping duties on plastics from US, EU, Japan, Taiwan
By Colleen Howe BEIJING, May 18 (Reuters) - China on Sunday announced anti-dumping duties as high as 74.9% on imports of POM copolymers, a type of engineering plastic, from the United States, the European Union, Japan and Taiwan.The commerce ministry's findings conclude a probe launched in Ma...Reuters
Sun, May 18
Vietnam to consider Vinspeed proposal to build high-speed railway
HANOI, May 15 (Reuters) - The Vietnamese government will consider a proposal from Vinspeed, a company established by billionaire Vingroup VIC.HM Chairman Pham Nhat Vuong, to develop a high-speed railway running the length of the country, a government document showed.Lawmakers in the Southeast Asian ...Reuters
Sun, May 18
Mexican Navy sailing ship crashes into Brooklyn Bridge, several injured
May 17 (Reuters) - A Mexican Navy sailing ship crashed into the Brooklyn Bridge on Saturday night, shearing the top of its masts and causing multiple injuries, authorities said. Videos online showed the ship sailing underneath the bridge, connecting the New York City boroughs of Brooklyn and Manhatt...Reuters
Sun, May 18
Severe storms kill at least 25 in Kentucky and Missouri
Kentucky and Missouri declare states of emergency after deadly tornadoesTwo killed in Virginia during bout of severe thunderstormsSt. Louis tornado kills 5, injures 38, damages 5,000 propertiesFederal resources offered to affected states by Homeland Security secretary May 17 (Reuters) - An unstab...Reuters
Sat, May 17
Severe storms kill at least 21 in Kentucky and Missouri
Kentucky and Missouri declare states of emergency after deadly tornadoesSt. Louis tornado kills 5, injures 38, damages 5,000 propertiesFederal resources offered to affected states by Homeland Security secretary May 17 (Reuters) - At least 21 people were killed overnight in Kentucky and Missouri w...Reuters
Sat, May 17
Mexico suspends poultry imports from Brazil after bird flu case
MEXICO CITY, May 17 (Reuters) - Mexico said on Saturday it is suspending imports of poultry products from Brazil after the South American country confirmed its first outbreak of bird flu on a poultry farm. "With the aim of protecting the national poultry industry, Mexico is temporarily suspendin...Reuters
Sat, May 17
Guyana lawmakers pass bill making companies liable for oil spill damages
GEORGETOWN, May 17 (Reuters) - Guyana's parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels.The bill, which passed with a majority of votes cast in a simple voice vote, is expected to soon be signed into law by...Reuters
Sat, May 17
Severe storms kill at least 21 in Kentucky and Missouri
May 16 (Reuters) - At least 21 people were killed overnight in Kentucky and Missouri when severe storms that spawned tornadoes ripped across the two states, officials said on Saturday, and the death toll is expected to rise.In Kentucky, Governor Andy Beshear said early on Saturday at least 14 people...Reuters
Sat, May 17
At least 16 killed, dozens injured as suspected tornadoes hit Missouri and Kentucky, NBC reports
May 17 (Reuters) - At least 16 people were killed when severe weather, including possible tornadoes, swept through parts of Missouri and Kentucky from Friday into Saturday morning, NBC News reported on Saturday.Reuters
Sat, May 17
Earthquake of 6 magnitude strikes central Peru, no damage reported
LIMA, May 17 (Reuters) - An earthquake of magnitude 6 struck central Peru on Saturday but there were no immediate reports of damage in the nearest town, Puquio, in the Andean region of Ayacucho, due to its depth, the state-run Geophysical Institute of Peru said."The earthquake was felt as far as...Reuters
Sat, May 17
Phantom cows and missing millions spark financial scandal in Uruguay
Investors unable to locate cows they bought, losses reach $350 millionCattle registry system failed, lawyers allege lack of control over dataPartner in one firm now under investigation killed himself in car crashBy Lucinda ElliottARTIGAS, Uruguay, May 17 (Reuters) - Sandra Palleiro is on the hunt fo...Reuters
Sat, May 17
Tornado kills 5 in St Louis, damages 5,000 properties
May 16 (Reuters) - A tornado ripped through St. Louis, Missouri, on Friday, killing at least five people and damaging 5,000 properties as it tore off roofs, knocked down power lines and swept through a major thoroughfare during rush-hour traffic, officials said."Our city is grieving tonight,"...Reuters
Sat, May 17
Strike at New Jersey rail system idles New York-bound commuters
NJ Transit rail engineers strike after contract talks failFirst mass transit strike to hit New Jersey since 1983 Negotiations deadlock over union demands for higher wages By Karen Freifeld and Rich McKayNEW YORK, May 16 (Reuters) - New Jersey commuter rail engineers walked off the job on Friday afte...Reuters
Fri, May 16
US order allows Puerto Rico to shore up ailing power grid with fuel oil plants
May 16 (Reuters) - U.S. Energy Secretary Chris Wright issued an emergency order on Friday that will allow Puerto Rico's state-owned utility to plug chronic electricity shortfalls on the island with electricity from oil-burning power plants without running afoul of environmental laws.WHY IT MATTE...Reuters
Fri, May 16
CIF/FOB Gulf Grain-Corn barge bids mixed, soy bids steady-firmer
CHICAGO, May 16 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were narrowly mixed on Friday, underpinned by steady demand from exporters and a slow pace of farmer selling into Midwest grain terminals, while soybean barge bids were steady to slightly firmer, traders ...Reuters
Fri, May 16
US Cash Crude-Grades steady as traders weigh global supplies
May 16 (Reuters) - Grades were little changed on Friday, dealers said, as investors weighed global oil supplies. WTI Midland and WTI at East Houston WTC-MEH, also known as MEH, was unchanged, while Mars eased 10 cents.Weak U.S. oil benchmark prices were set to spur drilling cuts in the United States...Reuters
Fri, May 16
US issues emergency orders to address Puerto Rico grid security issues
May 16 (Reuters) - The United States has issued emergency orders to address "critical grid security issues and improve grid resiliency" in Puerto Rico, the Energy Department said in a statement on Friday. The DOE also said it would review $365 million in funding from the Puerto Rico Energy R...Reuters
Fri, May 16
US Plains HRW Wheat-Spot basis bids flat to higher as farmer selling picks up
CHICAGO, May 16 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were steady to higher in a spot check of facilities around the southern U.S. Plains on Friday with farmer selling increasing slightly in some locations, according to dealers. CBOT July K.C. HRW wheat KWN25 futures settled do...Reuters
Fri, May 16
North Dakota oil producers plan to drop rigs due to weaker prices, state regulator says
By Arathy SomasekharHOUSTON, May 16 (Reuters) - Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third largest U.S. oil producer, the state's Department of Mineral Resources said on ...Reuters
Fri, May 16
