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Canadian beef heads to China following Carney's visit
By Ed White WINNIPEG, Manitoba, Jan 21 (Reuters) - Canadian beef will be exported to China following the relaxation of an import ban that had been in place since 2021, the agriculture minister said, though analysts cautioned it will likely be in small amounts.The reopening of what could be a vita...Reuters
Wed, Jan 21
Kazakhstan's CPC oil exports face new setback after force majeure at Tengiz field
SPM‑3 has been under maintenance since mid‑NovemberWork to get it back online now in final stagesCPC is preparing to dismantle SPM-2 after drone attackIndustry data shows CPC exports fell 24% in December MOSCOW, Jan 21 (Reuters) - Kazakhstan's CPC oil exports could remain restricted even as e...Reuters
Wed, Jan 21
Refining is 'critical infrastructure' for Europe, VaroPreem CEO says at Davos
Europe has been closing refineries for decadesIts plants struggle to compete with China, India, Middle EastVaroPreem CEO says sector consolidation to create opportunitiesBy Dmitry Zhdannikov DAVOS, Switzerland Jan 21 (Reuters) - Europe must view oil refining infrastructure as critical, VaroPreem ...Reuters
Wed, Jan 21
Electric air taxi maker Archer partners with Serbia in global markets push
Jan 21 (Reuters) - Archer Aviation ACHR.N said on Wednesday it had partnered with Serbia as the country's preferred electric vertical take-off and landing aircraft partner, in a move to expand into global markets.As per the agreement, signed at the World Economic Forum in Davos, Switzerland, Ser...Reuters
Wed, Jan 21
Halliburton beats estimates on quarterly profit, says could move quickly in Venezuela
Q4 adjusted EPS 69 cents vs forecast 55 centsQ4 international revenue up 2.9%, North America flatBy Vallari Srivastava and Arathy SomasekharHOUSTON, Jan 21 (Reuters) - Halliburton HAL.N surpassed analysts' expectations for fourth-quarter profit on Wednesday, helped by steady demand for its ser...Reuters
Wed, Jan 21
Hungary's government to cover increase in household heating bills for January, Orban says
BUDAPEST, Jan 21 (Reuters) - Hungary's government is going to pay the extra cost facing households in their heating bills for January, which stems from their increased fuel consumption due to freezing temperatures, Prime Minister Viktor Orban said on Tuesday."The government has decided to in...Reuters
Wed, Jan 21
Armenia and Azerbaijan to merge energy systems as part of Trump-backed project, Armenian PM says
TBILISI, Jan 21 (Reuters) - Armenia and Azerbaijan will integrate their energy systems to facilitate the import and export of electricity, Armenia's prime minister was cited by state media as saying on Wednesday. Prime Minister Nikol Pashinyan, addressing parliament, did not provide a timeli...Reuters
Wed, Jan 21
US natgas futures soar over 20% for 2nd day as frigid weather boosts heating demand, freezes wells
Extreme cold boosts heating demand, cuts output by freezing wellsVolatility reaches highest since March 2022, traders exploit market opportunitiesLSEG projects daily demand to rise, but remain below 2025 recordBy Scott DiSavinoNEW YORK, Jan 21 (Reuters) - U.S. natural gas futures jumped about 23% to...Reuters
Wed, Jan 21
TotalEnergies CEO expects EU mandate on sustainable aviation fuel to be dropped in future
By America Hernandez DAVOS/PARIS, Jan 21 (Reuters) - TotalEnergies TTEF.PA CEO Patrick Pouyanne said on Wednesday that he expected the European Union to water down its mandate to incorporate sustainable aviation fuel in future, similar to the bloc's recent decision to drop a proposed ban on n...Reuters
Wed, Jan 21
CBOT Trends-Wheat up 5-6 cents, corn up 2-4 cents, soybeans up 8-11 cents
CHICAGO, Jan 21 (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. CST (1430 GMT) on Wednesday: WHEAT - Up 5 to 6 cents per bushelCBOT wheat futures headed higher in early moves, following strength in corn an...Reuters
Wed, Jan 21
Halliburton to grow business in Venezuela once commercial, legal terms are resolved
Jan 21 (Reuters) - U.S. oilfield provider Halliburton HAL.N said on Wednesday it will grow its business in Venezuela as soon as commercial and legal terms, including payment certainty, are resolved in the South American country."I'm excited about the tremendous opportunity for Halliburton in...Reuters
Wed, Jan 21
Venezuela has exported 7.8 million barrels of oil as part of US supply deal -documents, data
Jan 21 (Reuters) - The volume of Venezuelan oil exported so far as part of a flagship $2 billion supply deal with the U.S. was at some 7.8 million barrels on Wednesday, vessel monitoring data and documents from PDVSA showed, slow progress on shipments that has prevented the state company from comple...Reuters
Wed, Jan 21
Prologis beats quarterly revenue estimates as warehouse demand holds firm
Jan 21 (Reuters) - Warehouse-focused real estate investment trust Prologis PLD.N beat Wall Street estimates for fourth-quarter revenue on Wednesday, helped by resilient demand for its storage facilities.The world's largest industrial property developer reported revenue of $2.25 billion for the q...Reuters
Wed, Jan 21
Venezuela oil output can rise 30% in near-term, US energy secretary tells executives
Wright says world needs all energy resources to meet demandTrump wants to see US oil execs invest $100 bln in VenezuelaBy Dmitry Zhdannikov DAVOS, Jan 21 (Reuters) - U.S. Energy Secretary Chris Wright told oil company executives on Wednesday that Venezuela's output can rise 30% from its curre...Reuters
Wed, Jan 21
Almost 60% of Kyiv without power as Russian strikes shatter grid
KYIV, Jan 21 (Reuters) - More than half of Kyiv is still without power a day after Russian strikes on energy facilities, President Volodymyr Zelenskiy said on Wednesday, as Ukrainians struggle through a bitter cold snap. Many of Kyiv's residents have been living in cold apartments wit...Reuters
Wed, Jan 21
USTR says he doesn't know if comprehensive trade deal with China will happen -Fox Business interview
Jan 21 (Reuters) - U.S. Trade Representative Jamieson Greer said on Wednesday that he did not know whether a full trade deal with China would be made. "I don't know if we're going to get to a comprehensive trade deal with China. What we're really focused on is managing that rela...Reuters
Wed, Jan 21
Trump to speed permits for deep-sea mining in international waters
By Trevor Hunnicutt WASHINGTON, Jan 21 (Reuters) - The Trump administration is pressing ahead on Wednesday with an effort to encourage U.S. exploration of the deep sea by accelerating permitting for companies hunting for critical minerals in international waters, a move that is likely to face env...Reuters
Wed, Jan 21
India's Reliance to buy sanctions-compliant Russian oil in February and March, sources say
Reliance last received Russian oil in DecemberTo process Russian oil at its Indian market-focused refineryIndian refiners are turning to the Middle East to replace Russian oilBy Nidhi Verma NEW DELHI/MOSCOW, Jan 21 (Reuters) - India's Reliance Industries Ltd RELI.NS, operator of the world'...Reuters
Wed, Jan 21
CORRECTED-TotalEnergies CEO expects EU mandate on sustainable aviation fuel to be dropped in future
PARIS, Jan 21 (Reuters) - TotalEnergies TTEF.PA CEO Patrick Pouyanne said on Wednesday the EU would likely drop its mandate to incorporate sustainable aviation fuel in future, similar to the bloc's ban on new combustion-engine cars from 2035 which it said last month it planned to drop.Pouyanne s...Reuters
Wed, Jan 21
