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Bahrain sponsors deep-sea mining firm Impossible Metals for international permit
Bahrain first Middle Eastern country to support deep-sea miningImpossible Metals files 170-page application with International Seabed AuthorityEnvironmental review process to cost $70 millionCompany hopes for finalized ISA rules within five yearsBy Ernest Scheyder Sept 9 (Reuters) - Bahrain has s...
Reuters
9 minutes ago
Refinery-state senators look to block Trump from shifting renewable fuel obligation
US biofuels policy pits Big Oil against Big AgricultureUtah Senator says biofuels requirement bad for consumersBiofuel industry group says bill rewards 'bad behavior'Trump needs Republicans united to avoid government shutdownBy Jarrett Renshaw Sept 9 (Reuters) - U.S. lawmakers from st...
Reuters
14 minutes ago
Trump EPA seeks to speed up permitting for AI infrastructure
By Valerie Volcovici WASHINGTON, Sept 9 (Reuters) - The Environmental Protection Agency on Tuesday proposed new measures aimed at speeding construction of infrastructure needed for the rapid buildup of data centers for artificial intelligence that would enable companies to start building before o...
Reuters
27 minutes ago
Brazil's beef exports to rise 12% by volume in 2025 despite U.S. tariffs, Abiec says
By Marcela AyresBRASILIA, Sept 9 (Reuters) - Brazilian beef exporters are expected to increase sales volumes by 12% this year, Roberto Perosa, head of Brazil's beef lobby Abiec, told a press conference on Tuesday.The outlook is positive for local exporters like JBS JBSS3.SA, Marfrig MRFG3.SA and...
Reuters
41 minutes ago
SOFTS-Arabica coffee hits 4-month high amid dry Brazil weather
LONDON, Sept 8 (Reuters) - Arabica coffee futures on ICE steadied on Tuesday after hitting four-month highs amid dry weather in top grower Brazil, while cocoa rallied after hitting 1-1/2 month lows. COFFEE* Arabica coffee KCc2 slipped 0.3% to $3.8385 per lb at 1515 GMT, having hit its highest s...
Reuters
45 minutes ago
Green Party pushes Norway oil phaseout as its political influence grows
Greens set for bigger government influence post electionParty demands phaseout of petroleum activities by 2040Oil and gas accounts for 50% of Norway's export revenueBy Nerijus Adomaitis OSLO, Sept 9 (Reuters) - In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but...
Reuters
an hour ago
Oil rises nearly 2% after Israeli attack in Qatar
Israeli military says it targeted Hamas leaders in DohaBrent, US crude rise near 2%Oil also supported by smaller-than-expected OPEC+ output hikeTraders watch for US stockpile data, interest rate decision By Shariq Khan NEW YORK, Sept 9 (Reuters) - Oil prices rose more than a dollar a barrel on Tu...
Reuters
an hour ago
Norfolk Southern to give Amtrak trains priority over freight, US Justice Dept says
Sept 9 (Reuters) - The U.S. Justice Department said on Tuesday it has moved to dismiss a lawsuit against Norfolk Southern NSC.N after it agreed to give all Amtrak passenger trains the "highest priority" over freight trains.The settlement with Norfolk Southern Corp and Norfolk Southern Railwa...
Reuters
an hour ago
GASTECH-Exxon bullish on China's LNG demand, eyes new markets
Exxon Mobil targets new LNG markets in Asia Pacific, Africa, LatamLNG-fueled trucks and marine vessels are massive growth areas in ChinaExxon dismisses LNG oversupply concerns, expects demand to meet new supplyFirst LNG from Sabine Pass Train 1 seen around year-endBy Emily Chow and Marwa Rashad M...
Reuters
an hour ago
Cordelio Power Energizes 150 MW Winfield Solar Project
Sept 9 (Reuters) - CORDELIO POWER: CORDELIO POWER ENERGIZES 150 MW WINFIELD SOLAR PROJECT, POWERING MISSOURI WITH AMERICAN-MADE SOLAR MODULESCORDELIO POWER: PROJECT WILL SELL 100% OF ITS POWER TO MICROSOFT UNDER A 15-YEAR CONTRACTCORDELIO POWER: COMPLETED PROJECT FINANCING FOR WINFIELD PROJECT WITH ...
Reuters
an hour ago
Germany's SEFE unable to allocate gas storage space at Rehden in latest auction
Sept 9 (Reuters) - German gas company SEFE said on Tuesday it has not been able to allocate any of the offered natural gas storage space at its northern German Rehden facility for its 2025/2026 storage period in its latest auction.SEFE had offered up to 3 terawatt hours (TWh) of capacity at its poro...
Reuters
an hour ago
Brazil's beef exports to rise 12% by volume in 2025, Abiec says
BRASILIA, Sept 9 (Reuters) - Brazilian beef exporters are expected to increase sales volumes by 12% this year, Roberto Perosa, head of Brazil's beef lobby Abiec, told a press conference on Tuesday.Perosa said the nation's exporters want to grow their share of the global trade by focusing on ...
Reuters
an hour ago
Petronas to drill fourth well at offshore block in Suriname by Q1 2026
PARAMARIBO, Sept 9 (Reuters) - Malaysia's oil and gas producer Petronas PETRA.UL plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said.Petronas, which has discovered gas reserves in the block, its most promi...
Reuters
2 hours ago
Exporting Brazilian coffee to US via third countries not an option, industry says
SAO PAULO, Sept 9 (Reuters) - Re-exporting Brazilian coffee via third countries is not a strong alternative for getting past U.S. import tariffs, the president of Brazil's coffee exporters association, CECAFE, said on Tuesday. Brazil is the world's largest producer and exporter of coffee, wh...
Reuters
2 hours ago
Norfolk Southern to give Amtrak trains priority over freight, US Justice Dept says
Sept 9 (Reuters) - Norfolk Southern NSC.N has agreed to give Amtrak passenger trains the "highest priority" over freight trains, the U.S. Justice Department said on Tuesday.The settlement with Norfolk Southern Corporation and Norfolk Southern Railway Company resolves allegations that the tra...
Reuters
2 hours ago
Shell agrees 10-year gas supply deal with Hungary's MVM CEEnergy
Deal to provide 200 mcm a year of LNG to Hungary starts 2026Hungary remains largest EU buyer of Russian gas despite new dealBUDAPEST, Sept 9 (Reuters) - Oil and gas major Shell SHEL.L signed a 10-year natural gas deal with Hungary's MVM CEEnergy on Tuesday, in a move designed to strengthen its p...
Reuters
2 hours ago
Exporting Brazilian coffee to US via third countries not an option, industry says
SAO PAULO, Sept 9 (Reuters) - Re-exporting Brazilian coffee via third countries is not a strong alternative for getting past U.S. tariffs, Marcio Ferreira, president of Brazil's coffee exporters association, CECAFE, said on Tuesday. U.S. President Donald Trump slapped a 50% levy on most Brazilia...
Reuters
2 hours ago
Phillips 66 buys remaining stake in major US refineries from Cenovus for $1.4 billion
By Vallari Srivastava Sept 9 (Reuters) - Phillips 66 PSX.N said on Tuesday it will acquire the remaining 50% stake in WRB Refining from Cenovus Energy CVE.TO for $1.4 billion, giving it full ownership of two major U.S. refineries.Shares of the U.S. refiner were up 2.7% while Cenovus was up 3.3% ...
Reuters
2 hours ago
CORRECTED-GASTECH-Chevron plots LNG growth in Europe with regasification terminal talks, executive says
Chevron eyes European LNG regasification opportunitiesEastern Mediterranean region priority for Chevron's future Chevron sees long-term value in diverse global gas contractsBy Marwa RashadMILAN, Sept 9 (Reuters) - U.S. oil major Chevron CVX.N is in early-stage talks to explore opportunities in E...
Reuters
2 hours ago
US natgas prices edge up to 7-week high on lower output
Recent declines in output boost natural gas futuresLower 48 states' gas output falls to 107.5 bcfd in SeptemberLNG export feedgas drops to two-week low of 14.9 bcfdWarmer weather offsets usual rise in heating demandBy Scott DiSavino Sept 9 (Reuters) - U.S. natural gas futures edged up about 1...
Reuters
3 hours ago
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