News
Important Only
Cattle disease spreads in Russia amid scepticism over diagnosis
Disease outbreaks reported in 10 regionsOne Russian region with registered outbreak borders ChinaFarmers, scientists question official diagnosisGovernment commission arrives in affected regionBy Gleb BryanskiMOSCOW, March 18 (Reuters) - Cattle diseases officially identified as pasteurellosis or rabi...Reuters
Wed, Mar 18
McEwen Copper plans $300 million IPO to help finance Los Azules project in Argentina, executive says
BUENOS AIRES, March 18 (Reuters) - Canadian miner McEwen Copper MUX.TO plans to carry out an Initial Public Offering (IPO) of about $300 million toward the end of this year as part of a financing push to advance the Los Azules copper project in Argentina, Michael Meding, the company's managing d...Reuters
Wed, Mar 18
EUROPE GAS-Prices jump on Iran gas field attacks and retaliation threats
By Nora Buli OSLO, March 18 (Reuters) - Benchmark Dutch wholesale gas prices soared around 9% on Wednesday afternoon as the war in the Middle East escalated to attacks on Iranian gas infrastructure and potential retaliatory strikes, further tightening the market.The benchmark Dutch front-month co...Reuters
Wed, Mar 18
Brazil names firms breaching freight price rules, tightens oversight
SAO PAULO, March 18 (Reuters) - Brazil's Transport Minister Renan Filho on Wednesday named several major companies fined in recent months for allegedly failing to comply with minimum freight price rules, adding they may be barred from contracting freight services in the country.The move comes as...Reuters
Wed, Mar 18
Yara reduces some ammonia, urea production in India over lower gas availability
March 18 (Reuters) - Yara YAR.OL has reduced parts of its ammonia and urea production in India due to limited gas availability, the Norwegian fertilizer group told Reuters on Wednesday.Yara's reduced production in India has little impact on the group's overall financial results, it said in a...Reuters
Wed, Mar 18
ANALYSIS-Iran war energy shock sparks global push to reduce fossil fuel dependence
After COVID-19, Ukraine invasion, third energy crisis of the 2020s triggers reassessment of supply vulnerabilitiesRenewables, EV dominance insulates China from oil price shockPoliticians in Japan, Europe and Taiwan seek nuclear power revivalRenewable energy shift risks creating new dependency on Chi...Reuters
Wed, Mar 18
Phantom flight: Iran war creates 9,100-km round trips to nowhere
About 30 Emirates flights to Dubai sent back, rerouted on MondayDozens of 'flights to nowhere' caused by Middle East warAround 30,000 flights to and from Middle East cancelled By Alessandro Parodi March 18 (Reuters) - As Emirates flight EK10 from London cruised over Saudi Arabia on Monday...Reuters
Wed, Mar 18
Qatar offloads five LNG slots at Belgium's Zeebrugge terminal for April, sources say
By Marwa Rashad LONDON, March 18 (Reuters) - QatarEnergy has offered up five slots for unloading, storage and regasification of liquefied natural gas at Belgium's Zeebrugge terminal for the month of April, three industry sources said on Wednesday, indicating its facilities could remain shut d...Reuters
Wed, Mar 18
Putin aide says attack on LNG tanker in Mediterranean was an act of terrorism
MOSCOW, March 18 (Reuters) - Nikolai Patrushev, an aide to President Vladimir Putin, said on Wednesday that Russia considers the attack on a Russian LNG tanker in the Mediterranean Sea to be "an act of international terrorism", the Interfax news agency reported.Russia's Transport Ministr...Reuters
Wed, Mar 18
Iranian gas flows to Iraq halted after attack on Pars gas field, Iraqi official says
BAGHDAD, March 18 (Reuters) - Iranian gas flows to Iraq were halted on Wednesday following an attack on Iran's Pars gas field, a senior Iraqi official told Reuters.Tehran supplies between a third and 40% of Iraq's gas and power needs.Iran diverted its gas domestically following the attack, ...Reuters
Wed, Mar 18
Russia says Hormuz shipping can only be restored through talks
MOSCOW, March 18 (Reuters) - Russia believes that restoring shipping traffic through the Strait of Hormuz can only be achieved through negotiations, Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday.Reuters
Wed, Mar 18
GM says gas price hikes not impacting sales
By Kalea Hall and Nathan GomesMarch 18 (Reuters) - General Motors GM.N hasn't seen much shift in sales following gas price increases as a result of the war in Iran, the automaker's finance chief said on Wednesday.CFO Paul Jacobson said weather and lower inventory, especially of trucks while ...Reuters
Wed, Mar 18
Air Products' European operations hit as Middle East conflict lifts energy costs
By Sumit Saha March 18 (Reuters) - Industrial gases maker Air Products' APD.N operations in Europe are being significantly impacted by rising energy costs, as supply disruptions due to the Middle East conflict send oil and liquefied natural gas prices soaring. However, overall impact has been...Reuters
Wed, Mar 18
Cambodia turns to Singapore, Malaysia for fuel as Vietnam, China restrict supplies
Vietnam, China restrict exports to ensure local availabilityMany Cambodia petrol stations reopen after a third were closed last weekCambodia energy minister says stockpiles near historical averageCambodia in talks with Australia's Woodside for LNG supplyRenewables expansion helped cushion oil sh...Reuters
Wed, Mar 18
US expected to issue Jones Act waiver on domestic shipping as soon as Wednesday, sources say
WASHINGTON, March 18 (Reuters) - The United States is expected to issue a waiver of the Jones Act shipping regulation as soon as Wednesday to help ease deliveries of fuel and fertilizer, according to three sources familiar with the matter.The waiver, which will allow foreign vessels to move between ...Reuters
Wed, Mar 18
US natural gas futures dip as mild weather and lower demand loom
US natural gas futures fall due to milder weather forecastsMonthly gas output in Lower 48 states rises, but daily output dropsRecord heat in Los Angeles boosts gas demand for power generationBy Scott DiSavino NEW YORK, March 18 (Reuters) - U.S. natural gas futures eased about 1% to a one-week low...Reuters
Wed, Mar 18
Russia condemns U.S.-Israeli strike near Iran's Bushehr nuclear plant reactor
MOSCOW, March 18 (Reuters) - Russia on Wednesday condemned a strike near Iran's Bushehr nuclear power plant a day earlier which it said was just metres away from its reactor and called on the United States and Israel to stop attacking the Islamic Republic's nuclear facilities. Maria Zakharov...Reuters
Wed, Mar 18
German foreign ministry strongly discourages travel to Cuba
BERLIN, March 18 (Reuters) - Germany's foreign ministry strongly discouraged citizens from going to Cuba due to an acute energy crisis that particularly limits medical care in a travel notification sent on Wednesday.Flight and hotel options are also limited, said the ministry, and further, last-...Reuters
Wed, Mar 18
US issues general license authorizing certain deals involving Venezuela's PDVSA
March 18 (Reuters) - The United States has issued a general license authorizing certain deals involving Venezuela's state oil company PDVSA, a notice on the U.S. Treasury Department website showed on Wednesday.Reuters
Wed, Mar 18
