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LyondellBasell says fire contained at Texas chemical plant
March 13 (Reuters) - LyondellBasell LYB.N said on Friday that a fire at its Bayport Choate chemical plant in Texas had been contained and that all personnel were safe and accounted for.The company said its on-site firefighting and incident response team was activated and that there were no injuries....Reuters
Fri, Mar 13
European allies riled as US loosens Russia oil sanctions
US waiver allows purchase of stranded Russian oilGermany and other European allies criticise US decisionZelenskiy warns waiver will boost Russian war chestMoscow welcomes US move to stabilise energy marketsBy John Irish, Andreas Rinke and Dmitry Antonov PARIS/ANDOYA, Norway/MOSCOW March 13 (Reute...Reuters
Fri, Mar 13
MOL, Slovnaft submit another complaint to Brussels against Janaf
BUDAPEST, March 13 (Reuters) - Hungarian MOL and Slovak Slovnaft submitted another complaint to the European Commission over Croatian Janaf's pricing practices, MOL said on Friday, adding it had not received a clear position from Janaf on whether it will allow Russian crude shipments. Hungary an...Reuters
Fri, Mar 13
India tells LPG users to switch to piped gas wherever possible
Crude oil, LPG, LNG supplies disrupted by U.S.-Israeli war 333 million Indian households use LPG cylindersIndia has asked refiners to boost LPG productionBy Nidhi Verma March 13 (Reuters) - India has asked liquefied petroleum gas consumers to avoid panic buying of LPG cylinders and shift to piped...Reuters
Fri, Mar 13
Eurogroup chair says Europe should act swiftly to protect economies if energy prices stay high
Eurogroup chair responds to Reuters questionsHe says Europe must act swiftly if energy prices stay highEurope's economy has capacity to absorb shocks, he saysHe sees Greek economic growth at 2% even in worst case By Lefteris Papadimas ATHENS, March 13 - Europe should act swiftly to contain pr...Reuters
Fri, Mar 13
Rio Tinto will slow down construction of the Nemaska Lithium processing plant in Quebec - Bloomberg News
March 13 (Reuters) - RIO TINTO GROUP WILL SLOW DOWN CONSTRUCTION OF THE NEMASKA LITHIUM PROCESSING PLANT IN BECANCOUR, QUEBEC - BLOOMBERG NEWSBUILDING OF RIO TINTO'S NEMASKA LITHIUM PROJECT IS EXPECTED TO FULLY RESTART IN 2027 - BLOOMBERG NEWSSource text: https://tinyurl.com/3xhd73m6Reuters
Fri, Mar 13
Ukraine drone attacks, thick ice slowed Russian oil exports before sanctions easing
March 13 (Reuters) - A barrage of Ukrainian drone attacks on Russia's Black Sea oil export facilities, as well as storms and severe ice conditions in the Baltic Sea slowed Russian oil exports this month, data showed on Friday.The United States on Thursday issued a 30-day waiver for countries to ...Reuters
Fri, Mar 13
Trump tells Fox News US would escort ships in Strait of Hormuz 'if needed'
WASHINGTON, March 13 (Reuters) - President Donald Trump said the United States would escort vessels through the Strait of Hormuz if needed, adding in a Fox News interview that aired on Friday that the U.S. would strike Iran "very hard over the next week."Asked about helping oil tankers pass ...Reuters
Fri, Mar 13
US natural gas futures dip 1% as mild March curbs demand
Mild weather reduces US natural gas demand, affecting futures pricesPipeline constraints keep Waha Hub prices negative for 26 daysUS LNG exports decrease despite global price surge due to Iran conflictBy Scott DiSavino NEW YORK, March 13 (Reuters) - U.S. natural gas futures eased about 1% on Frid...Reuters
Fri, Mar 13
Lyondellbasell Says Fire Contained At Bayport Choate, Texas
March 13 (Reuters) - LyondellBasell Industries NV LYB.N:SAYS FIRE THAT OCCURRED AT BAYPORT CHOATE CHEMICAL PLANT IN TEXAS HAS BEEN CONTAINEDSAYS THERE WERE NO INJURIES ASSOCIATED WITH THE INCIDENTSAYS ALL PERSONNEL ARE SAFE AND ACCOUNTED FOR AND NO OFF-SITE IMPACT IS EXPECTEDReuters
Fri, Mar 13
CBOT Trends-Wheat up 2-3 cents, corn down 1-2, soybeans down 7-9
CHICAGO, March 13 (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 Friday: WHEAT - Up 2 to 3 cents per bushelWheat ticked higher on drought concerns in the U.S. winter wheat belt.CBOT ...Reuters
Fri, Mar 13
PRECIOUS-Gold firms but heads for second consecutive weekly fall
Spot gold down 1% for the week Trump says US will hit Iran 'very hard'US consumer spending firmer in JanuaryPartial flight resumptions restore some gold flows from DubaiBy Ashitha Shivaprasad March 13 (Reuters) - Gold prices firmed on Friday but were on track for a second consecutive week...Reuters
Fri, Mar 13
Greece's Dynagas LNG Q4 voyage revenue falls on lower EU emissions allowances
OverviewGreece-based LNG carrier owner reported Q4 voyage revenue down 4% yr/yrQ4 adjusted net income and adjusted EBITDA both declined from prior yearCompany repurchased 149,000 common units, renewed $10 mln buyback programOutlookDynagas LNG has 100% fleet contract coverage for 2026 and 2027 each, ...Reuters
Fri, Mar 13
RPT-French President Macron says U.S easing of Russia oil sanctions is temporary and limited
PARIS, March 13 (Reuters) - The United States' waivers on sanctions against some Russian oil products to tame a price surge in oil are temporary and limited, French President Emmanuel Macron said on Friday, adding that the G7 position remains that the conflict in the Middle East does not justify...Reuters
Fri, Mar 13
Africa-bound India-flagged fuel tanker sets sail from east of Hormuz, Indian official says
By Nidhi Verma NEW DELHI, March 13 (Reuters) - The Indian-flagged oil tanker, Jag Prakash, which is carrying gasoline from Oman to Africa, has set sail from east of the Strait of Hormuz, an Indian government official said on Friday.Gulf shipping has been disrupted over the past two weeks as Iran ...Reuters
Fri, Mar 13
Iraq's Kirkuk crude oil flows restart after four-day stoppage, sources say
LONDON, March 13 (Reuters) - Iraq's Kirkuk crude oil flows to Turkey's Ceyhan port restarted on Friday, having stopped on March 9, shipping and trading sources told Reuters. Here are some details:Iraq reduced oil output after the start of the Iran war, as the country is unable to export via...Reuters
Fri, Mar 13
French President Macron says U.S easing of Russia oil sanctions is temporary and limited
PARIS, March 13 (Reuters) - The United States' waivers on sanctions against some Russian oil products to tame a price surge in oil are temporary and limited, French President Emmanuel Macron said on Friday, adding that the G7 position remains that the conflict in the Middle East does not justify...Reuters
Fri, Mar 13
Saudi Arabia cuts oil output 20% to 8 million bpd amid Iran war, sources say
March 13 (Reuters) - Top oil exporter Saudi Arabia has cut oil production by some 2 million barrels per day to around 8 million bpd after reducing output from two major offshore fields amid the Iran war, two sources told Reuters. Middle East Gulf oil producers have had to shut vast volumes of prod...Reuters
Fri, Mar 13
