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Turkey's BOTAS signs 1.2 bcm LNG deal with Cheniere, minister says
ISTANBUL, Sept 10 (Reuters) - Turkish state energy company BOTAS signed a 1.2-billion-cubic-metre liquefied natural gas (LNG) purchase agreement with Cheniere LNG.N, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.In a post on social media, Bayraktar said that this collaboration will i...Reuters
10 minutes ago
EU looking at faster Russian oil and gas exit, after US pressure
By Kate Abnett and Julia Payne STRASBOURG, Sept 10 (Reuters) - The European Union is considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow, European Commission chief Ursula von der Leyen said on Wednesday, following U.S. pressure to stop buying Russian oil...Reuters
16 minutes ago
EXCLUSIVE-US warns hidden radios may be embedded in solar-powered highway infrastructure
US officials voice concern about foreign technology in transportation infrastructureAdvisory says undocumented radios were found in foreign-made inverters and batteriesAdvisory comes amid escalating US warnings about Chinese technologyBy Jana Winter and Raphael Satter WASHINGTON, Sept 10 (Reuters...Reuters
33 minutes ago
Brazil to propose new forum to address climate and trade complaints, sources say
WTO, UN climate talks have failed to address developing nations' concernsAim is to launch new forum by COP30 in November, source saysDeveloping nations worried about EU anti-deforestation law, carbon border tariff By Lisandra Paraguassu and Kate Abnett BRASILIA/BRUSSELS, Sept 10 (Reuters) - B...Reuters
33 minutes ago
RPT-COLUMN-Europe’s next big challenge is closing its energy security divide: Vladimirov
By Martin Vladimirov SOFIA, Sept 10 (Reuters) - Nearly four years after Europe’s energy crisis erupted in late 2021, the continent has moved from emergency response to system redesign. But the European Union is not out of the woods. Deep vulnerabilities persist, and progress toward clean, secure ...Reuters
33 minutes ago
Austria loses legal challenge to EU's 'green' gas and nuclear rules
BRUSSELS, Sept 10 (Reuters) - Austria lost a legal challenge against European Union rules that class nuclear energy and natural gas as climate-friendly investments on Wednesday, as Europe's second-highest court sided with the EU over the rules.In the case before the Court of Justice of the Europ...Reuters
55 minutes ago
METALS-Copper steady ahead of data from China and US
By Pratima Desai LONDON, Sept 10 (Reuters) - Copper prices held steady on Wednesday as the market waited for loans data from top consumer China and U.S. inflation numbers that could determine the direction of U.S. interest rates.Benchmark copper CMCU3 on the London Metal Exchange was up 0.10% at ...Reuters
59 minutes ago
Magnum CEO dismisses B&J's sale talk, eyes ice cream market share as listing nears
LONDON, Sept 10 (Reuters) - Magnum CEO Peter ter Kulve dismissed any talk of selling Ben & Jerry's on Wednesday after its co-founders called for the brand to be spun off, adding that the company was focused on reclaiming market share and volume growth as its November listing approaches. Ben ...Reuters
an hour ago
PRECIOUS-Gold hovers near record high ahead of US inflation data
Gold hit record high of $3,673.95/oz on Tuesday ANZ raise year-end gold price forecast to $3,800US PPI data due at 1230 GMTBy Ishaan Arora Sept 10 (Reuters) - Gold prices hovered near an all-time high on Wednesday, buoyed by expectations of a U.S. interest rate cut this month, while market partic...Reuters
an hour ago
Oil prices up after Israeli attacks, but oversupply caps gains
Israeli strike on Hamas leadership in Qatar supports pricesTrump asks EU to put tariffs on China, India to pressure RussiaLonger-term outlook still for oversupply as OPEC+ ups productionBy Shadia Nasralla LONDON, Sept 10 (Reuters) - Oil prices rose on Wednesday after Israel attacked Hamas leaders...Reuters
2 hours ago
Exxon expects EU to sign long-term US gas deals, FT reports
Sept 10 (Reuters) - ExxonMobil XOM.N expects the European Union to sign multi-decade U.S. gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday.The EU in July pledged to buy $750 billion of U.S. energy by 2028 as part of a sweeping tr...Reuters
2 hours ago
Elliott takes stake in Japan's Kansai Electric, FT reports
Sept 10 (Reuters) - Activist investor Elliott Management has become one of the top three shareholders of Kansai Electric Power 9503.T with a stake of between 4% and 5%, the Financial Times said on Wednesday, citing people familiar with the matter.Kansai Electric's shares jumped 6% following the ...Reuters
3 hours ago
EU will propose new way to curb steel imports, says EU chief
STRASBOURG, Sept 10 (Reuters) - The European Commission will propose a new method to curb imports of steel from rivals to protect domestic producers, Commission President Ursula von der Leyen said on Wednesday."Global overcapacity is squeezing margins and leaving little incentive to pay a clean ...Reuters
3 hours ago
World natural gas demand on track to hit record high in 2025, says IGU report
Sept 10 (Reuters) - Global natural gas demand is on track to climb by around 1.7% in 2025 after hitting a record high in 2024 as consumers around the world keep using more of the fuel for power generation, transportation and industry, according to the 2025 Global Gas Report released on Wednesday by ...Reuters
3 hours ago
TABLE-North Sea gas maintenance schedule: Adds Easington outage
Sept 10 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTA...Reuters
3 hours ago
TABLE-UAE's Fujairah oil inventory data for week ended September 8
Sept 10 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended September 8, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change ...Reuters
3 hours ago
BHP seen as unlikely to pounce on Anglo or Teck as it eyes organic growth
Anglo agrees $53 bln tie-up with Teck after spurning BHPInvestors see BHP focused on building out own copper growthBankers say much could change before deal closes By Melanie Burton MELBOURNE, Sept 10 (Reuters) - Top global miner BHP's focus on expanding its own copper assets while it undergo...Reuters
3 hours ago
TotalEnergies to hold 10% interest in Rio Grande LNG Train 4 project
Sept 10 (Reuters) - TotalEnergies TTEF.PA will take a 10% stake in a joint venture with liquefied natural gas producer NextDecade NEXT.O for a fourth liquefaction plant, known as a train, of the Rio Grande LNG project in Texas, it said on Wednesday.LNG developers are benefiting from a more favourabl...Reuters
3 hours ago
METALS-Copper edges higher on Anglo-Teck merger deal, supply concerns
By Lucas Liew Sept 10 (Reuters) - Copper inched higher on Wednesday, buoyed by a landmark planned merger between Anglo American and Teck Resources, and ongoing supply concerns following global mine disruptions.Three-month copper on the London Metal Exchange CMCU3 edged up 0.28% to $9,942 per met...Reuters
3 hours ago
