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EUROPE GAS-Prices rise after fresh Ukraine infrastructure attacks
LONDON, Aug 21 (Reuters) - Dutch and British wholesale gas prices rose on Thursday afternoon after initially trading sideways after Russia attacked key gas storage infrastructure in Ukraine at a time of growing concern over the speed of filling up European gas storages.The benchmark Dutch front-mont...
Reuters
Thu, Aug 21
McCormick to grow stake in Mexican joint venture in $750 million deal
By Neil J Kanatt and Paolo LaudaniAug 21 (Reuters) - McCormick MKC.N said on Thursday it will raise its stake in its Mexico joint venture to 75% by acquiring 25% more for $750 million as the condiments maker seeks to expand further in Latin America.McCormick, maker of Cholula hot sauce, said the dea...
Reuters
Thu, Aug 21
Q&A-Auction heats up for Venezuela's refiner Citgo, US court ponders bids
By Marianna Parraga HOUSTON, Aug 21 (Reuters) - A U.S. court auction of Venezuelan-owned U.S. refiner Citgo is heating up after delays as bidders raise their offers, good news for creditors seeking compensation from the South American nation for debt defaults and a wave of nationalizations under ...
Reuters
Thu, Aug 21
ARA gasoil stocks rise 9%
LONDON, Aug 21 (Reuters) - Gasoil stocks, which include diesel, held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by over 9% to their highest since mid-June, data from Dutch consultancy Insights Global showed on Thursday.Gasoil inventories stood at 2.03 millio...
Reuters
Thu, Aug 21
Trump administration to rule on biofuel exemption requests, delay reallocation decision, sources say
By Jarrett RenshawAug 21 (Reuters) - The Trump administration is expected to rule on a growing backlog of requests from small refiners seeking relief from the nation's biofuel laws as early as Friday, but will delay a decision on whether larger refiners should make up for some of the exempt gall...
Reuters
Thu, Aug 21
EXCLUSIVE-How US alcohol tariffs may hurt some businesses, hike prices for Americans
Wholesale wine, spirit prices may rise by over 80c a gallonLevies may hike Scotch bar prices by $12.64 a bottle on averageBusinesses, holiday alcohol sales, drinkers' wallets may be hitBy Emma Rumney LONDON, Aug 21 (Reuters) - Americans keen on a stiff drink at a bar should brace for a soberi...
Reuters
Thu, Aug 21
US natgas prices climb 2% on lower output, higher LNG export flows ahead of storage report
Recent price increase due to lower output and higher LNG export flowsGas stockpiles remain 6% above five-year averageTraders not worried about winter gas supplies, March-April spread at record lowBy Scott DiSavino Aug 21 (Reuters) - U.S. natural gas futures climbed about 2% on Thursday on recent ...
Reuters
Thu, Aug 21
Russia attacks important Ukrainian gas compressor station, sources say
Russia increases attacks on Ukraine's power sectorUkraine is collecting gas for winter seasonUkraine's gas production suffers attacksBy Pavel Polityuk KYIV, Aug 21 (Reuters) - Russia attacked a gas compressor station in eastern Ukraine that is important for getting gas into storage facili...
Reuters
Thu, Aug 21
Sweden's Vattenfall shortlists Rolls-Royce, GE Vernova to build SMR nuclear reactors
Vattenfall shortlists Rolls-Royce SMR, GE Vernova Electricity demand in Sweden expected to double over the next two decadesVattenfall also considering building an additional 1,000 MW nuclear capacity By Simon Johnson STOCKHOLM, Aug 21 (Reuters) - Swedish utility Vattenfall has selected Britain...
Reuters
Thu, Aug 21
US resumes imports of Venezuelan oil under new license to Chevron
HOUSTON, Aug 21 (Reuters) - Two tankers chartered by Chevron CVX.N carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country's oil following a new license granted by Washington, vessel tracking data showed.The U.S. Treasury Department...
Reuters
Thu, Aug 21
EXCLUSIVE-How US alcohol tariffs may hurt some businesses, hike prices for Americans
Wholesale wine, spirit prices may rise by over 80c a gallonLevies may hike Scotch bar prices by $12.64 a bottle on averageBusinesses, holiday alcohol sales, drinkers' wallets may be hitBy Emma Rumney LONDON, Aug 21 (Reuters) - Americans keen on a stiff drink at a bar should brace for a soberi...
Reuters
Thu, Aug 21
Rokstone's agricultural unit iFarm extends five-year capacity commitment
By Navneeta NandanAug 21 - (The Insurer) - Rokstone's UK farm and agriculture specialist MGA iFarm Underwriting has extended its multi-year capacity commitment via Accelerant Risk Exchange, adding long-term support from Hadron UK Insurance Company.The partnership will give iFarm access to a broa...
Reuters
Thu, Aug 21
ADB to provide $410 million package for Barrick-run Pakistan mine, sources say
ADB to provide $410 million package for copper-gold mine Package includes a $300 million in loans to Barrick Gold By Saeed Shah and Ariba Shahid ISLAMABAD, Aug 21 (Reuters) - The Asian Development Bank will provide a $410 million financing package to help develop Pakistan's Reko Diq copper m...
Reuters
Thu, Aug 21
CBOT Trends-Wheat up 3-5 cents, corn up 1-3, soybeans up 1-4
CHICAGO, Aug 21 (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 Thursday. WHEAT - Up 3 to 5 cents per bushelWheat futures Wv1 higher on short covering and bargain buying, and spillove...
Reuters
Thu, Aug 21
US resumes imports of Venezuelan oil under new license to Chevron
HOUSTON, Aug 21 (Reuters) - Two tankers chartered by producer Chevron CVX.N carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country's oil following a new license granted by Washington last month, vessel tracking data showed.
Reuters
Thu, Aug 21
India, Russia agree to boost trade ties after foreign ministers meet in Moscow
India, Russia reaffirm ambition to expand bilateral tradeIndia faces high US tariffs due to its Russian oil purchasesRussia hails 'good results' in hydrocarbons with India MOSCOW, Aug 21 (Reuters) - India and Russia agreed to boost trade ties on Thursday as their foreign ministers met in ...
Reuters
Thu, Aug 21
US CPC Sees Very Small Chance of El Nino Through Early Spring 2026
Aug 21 (Reuters) - U.S. NATIONAL WEATHER SERVICE'S CLIMATE PREDICTION CENTER (CPC):SAYS EL NINO SOUTHERN OSCILLATION (ENSO)-NEUTRAL CONDITIONS ARE PRESENT, WITH SEA SURFACE TEMPERATURES (SSTS) NEAR AVERAGE ACROSS MOST OF THE TROPICAL PACIFIC OCEANSAYS ENSO-NEUTRAL CONSIDERATIONS ARE MOST LIKELY ...
Reuters
Thu, Aug 21
ConocoPhillips to buy LNG from Sempra's Port Arthur project
Aug 21 (Reuters) - ConocoPhillips COP.N on Thursday said it will purchase 4 million tonnes per annum of liquefied natural gas from Sempra's SRE.N Port Arthur LNG Phase 2 project in Texas.
Reuters
Thu, Aug 21
Azerbaijan sounds the alarm over shallowing of Caspian Sea
Minister says water loss is acceleratingOil volumes fall at Azerbaijan's Dubendi terminalBaku port steps up dredging to maintain tanker accessSeals and sturgeon under threatBy Nailia Bagirova BAKU, Aug 21 (Reuters) - Rapid falls in the level of the Caspian Sea are affecting ports and oil ship...
Reuters
Thu, Aug 21
Germany's Ecosia proposes stewardship to run Google Chrome
STOCKHOLM, Aug 21 (Reuters) - Germany's Ecosia, a nonprofit search engine, said on Thursday it has submitted a proposal to assume a 10-year stewardship of Alphabet's GOOGL.O Google Chrome web browser. According to the proposal, Google would legally separate Chrome into a foundation, retainin...
Reuters
Thu, Aug 21
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