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China receives eighth LNG cargo from Russia's sanctioned Arctic LNG 2 this year, data shows
March 13 (Reuters) - Russia's sanctioned Arctic LNG 2 plant has delivered its eighth cargo this year to China, LSEG data showed on Friday, days after a liquefied natural gas carrier from the project caught fire and was left drifting in the Mediterranean.According to the data, the gas carrier Iri...Reuters
Fri, Mar 13
Gold struggles as Oil-driven inflation fears weigh on global interest rate outlook
Gold (XAU/USD) struggles to gain traction on Friday and remains on course for a second weekly decline as surging Oil prices stemming from the ongoing US-Iran war fuel inflation concerns and trigger a hawkish repricing of global interest-rate expectations, weighing on the non-yielding metal.
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Fri, Mar 13
Operator probes incident at Kazakhstan's Tengiz oilfield, sources say output intact
TCO reports an incident at Tengiz on March 11; no injuriesField has not halted output, sources saySources say a caustic unit caught fireTengiz was already pumping lower levels after January 18 firesRecovery limited by CPC loading constraintsBy Mariya Gordeyeva ALMATY, March 13 (Reuters) - Kazakhs...Reuters
Fri, Mar 13
RPT-EUROPE GAS-Prices edge down as U.S.-Israeli war approaches two-week mark
By Nina Chestney LONDON, March 13 - Benchmark Dutch wholesale gas prices were little changed on Friday morning on as the U.S.-Israeli war approached the two-week mark and tanker attacks and energy infrastructure closures continued.The benchmark Dutch front-month contract at the TTF hub TFMBMc1 in...Reuters
Fri, Mar 13
Russian nuclear official says no radiation changes seen in Iran
MOSCOW, March 13 (Reuters) - Russia's top nuclear official said on Friday that no changes in radiation levels have been recorded following strikes on Iran's nuclear facilities in the war launched against it by the United States and Israel, state news agency RIA reported.It was not immediatel...Reuters
Fri, Mar 13
PRECIOUS-Gold set for second weekly loss on reduced rate cut bets, higher dollar, yields
Gold down about 1.7% so far this weekIran vows to keep Strait of Hormuz closedDelayed US January PCE data due later todayBy Ishaan Arora March 13 (Reuters) - Gold was on track for a second straight weekly loss, even as it edged higher on Friday, as surging oil prices dampened rate cut bets and ca...Reuters
Fri, Mar 13
Avanti Helium renews call for helium's critical mineral status in US amid rising supply risks
March 13 (Reuters) - Avanti Helium AVN.V on Friday reiterated its request for the United States to designate helium as a critical mineral, warning that rising geopolitical risks and shrinking domestic output are putting long-term supply security at risk.Disruptions to natural gas processing in Qatar...Reuters
Fri, Mar 13
Senegal's PM challenges 'unfair' BP gas deal, freezes Indorama assets
Senegal says BP-operated gas contract unfair, talks onSenegal reviewing strategic contractsRenegotiations affect oil, gas, fishing, infrastructureSenegal cancels 71 oil and gas licenses, PM vows changeBy Jessica Donati and Bate Felix March 13 (Reuters) - Senegalese Prime Minister Ousmane Sonko on...Reuters
Fri, Mar 13
RPT-BREAKINGVIEWS-Iran war shows up folly of slow energy transition
By Antony CurrieMELBOURNE, March 13 (Reuters Breakingviews) - If only there was a way to reduce the fat tail risks generated by the Strait of Hormuz. The effective closure of the roughly 100-mile-long passage due to the U.S.-Israel attacks on Iran has sent fuel prices soaring and prompted countries ...Reuters
Fri, Mar 13
GRAINS-Soybeans retreat from near two-year peak as crude rally pauses
Russian oil sanctions waiver tempers supply fears over Iran warDollar strength also curbs grain pricesUpcoming U.S.-China talks eyed for soybean demand BEIJING/PARIS, March 13 (Reuters) - Chicago soybean futures edged lower on Friday after hitting a near two-year high in the previous session,...Reuters
Fri, Mar 13
IAEA says it is trying to broker a new nuclear deal between the US and Iran, TASS reports
MOSCOW, March 13 (Reuters) - The head of the International Atomic Energy Agency Rafael Grossi said on Friday that the IAEA is trying to arrange a new nuclear deal between the U.S. and Iran, Russian state news agency TASS reported.Grossi said he hopes for the resumption of negotiations on a long-term...Reuters
Fri, Mar 13
US decision to waive sanctions on Russian oil 'concerning', says EU's Costa
BRUSSELS, March 13 (Reuters) - European Council President Antonio Costa said the unilateral decision by the United States to waive sanctions on Russia oil exports is very concerning because it impacts European security."Increasing economic pressure on Russia is decisive for it to accept a seriou...Reuters
Fri, Mar 13
NORDIC POWER-Front-quarter prices at one-week high on dry weather forecast, tight water reserves
March 13 (Reuters) - Nordic front-quarter prices edged up to a more than one-week high on Friday and were headed for a weekly gain, supported by forecasts of reduced precipitation and declining water reserves in the hydropower-dependent region. Nordic front-quarter baseload power contract ENOFBLQc1 ...Reuters
Fri, Mar 13
India tells LPG customers to avoid panic bookings, shift to piped natural gas wherever possible
By Nidhi VermaMarch 13 (Reuters) - India has asked liquefied petroleum gas customers to avoid panic bookings and shift to piped natural gas wherever possible, said Sujata Sharma, a joint secretary in the federal oil ministry, on Friday.Reuters
Fri, Mar 13
US eases Russia oil sanctions to tame price surge, riling European allies
US waiver allows purchase of stranded Russian oilGermany and other European allies criticise US decisionMoscow welcomes US move to stabilise energy marketsBy Andreas Rinke and Dmitry Antonov ANDOYA, Norway/MOSCOW March 13 (Reuters) - The United States issued a 30-day waiver for countries to buy s...Reuters
Fri, Mar 13
Trump tells Fox News: US would escort oil tankers 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 but added that he hoped the U.S.-led war efforts would go well, vowing in a Fox News interview that aired on Friday to strike Iran "very hard over the next w...Reuters
Fri, Mar 13
Hungary must not use Druzhba pipeline issues to block Ukraine aid, Berlin says
BERLIN, March 13 (Reuters) - It is unacceptable that Hungary's government is using pipeline issues as a pretext to block new Russia sanctions or a 90-billion-euro loan to Ukraine, a spokesperson with the German foreign office said on Friday.Russian oil flows through the Druzhba pipeline to Hunga...Reuters
Fri, Mar 13
EXPLAINER-Why haven’t the Houthis, Iran’s allies in Yemen, stepped into the war?
By Timour Azhari RIYADH, March 13 (Reuters) - Iran's Shi'ite allies in Lebanon and Iraq have joined the war in the region unleashed by U.S. and Israeli strikes on Tehran. But Yemen's Houthi rebels, heavily armed and capable of striking Gulf neighbours and causing major disruption to m...Reuters
Fri, Mar 13
