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US agency wants to buy scandium oxide from Rio Tinto for defence stockpile
LONDON, Sept 22 (Reuters) - The U.S. Defense Logistics Agency is seeking to buy scandium oxide worth up to $40 million over the next five years from a unit of mining giant Rio Tinto to secure supplies of the critical material for addition to the national stockpile.Scandium is one of the rare earth e...Reuters
46 minutes ago
Eni, Commonwealth Fusion Systems Sign $1 Bln Power Purchase Agreement In US
Sept 22 (Reuters) - Eni SpA ENI.MI:ENI AND COMMONWEALTH FUSION SYSTEMS SIGN $1 BILLION+ POWER PURCHASE AGREEMENT, EXPANDING STRATEGIC PARTNERSHIP TO COMMERCIALIZE FUSION ENERGYPPA CONCERNS ACQUISITION OF DECARBONIZED POWER FROM CFS’S 400 MW ARC FUSION POWER PLANT IN VIRGINIA, EXPECTED TO CONNECT TO ...Reuters
an hour ago
GRAINS-Soybeans at six-week low on no Chinese buying; wheat eases
Lack of Chinese buying of US beans add pressure on pricesWheat market faces headwinds from ample world suppliesBy Naveen Thukral and Michael Hogan SINGAPORE/HAMBURG, Sept 22 (Reuters) - Chicago soybeans fell to a six-week low on Monday, as a phone call last week between U.S. President Donald Trum...Reuters
an hour ago
Brazil soybean crushing capacity expanding on strong biofuel demand
By Roberto SamoraSAO PAULO, Sept 22 (Reuters) - Brazil's soybean processors are expected to invest 5.9 billion reais ($1.11 billion) over the next 12 months as companies respond to growing demand for biodiesel, oilseed lobby Abiove said on Monday.The investments would boost the country's pro...Reuters
an hour ago
Eni strikes more than $1 billion power deal with US fusion firm Commonwealth
Eni agrees to buy power from 400-MW ARC fusion plant in VirginiaVirginia's data centers drive demand for fusion energyDeal follows similar one with Google for 200 MWFusion still has work to do on technology, says CFS CEO By Timothy Gardner WASHINGTON, Sept 22 (Reuters) - Italian energy co...Reuters
an hour ago
RPT-COLUMN-The US LNG industry risks becoming victim of its own success: Bousso
Global LNG capacity to grow by 60% by 2030, US to make up half of additionsLNG market expected to enter period of heavy oversupplyAt the same time, growing demand for domestic US power generation to boost gas costs By Ron BoussoLONDON, Sept 22 (Reuters) - The breathtaking expansion of U.S. gas expor...Reuters
an hour ago
Google To Procure Renewable Electricity From Jera And West Holdings For Its Data Centre In Japan, Nikkei Says
Sept 22 (Reuters) - Alphabet's Google GOOGL.O:GOOGLE TO PROCURE RENEWABLE ELECTRICITY FROM JERA AND WEST HOLDINGS FOR ITS DATA CENTRE IN JAPAN, NIKKEI SAYSSource text: [ID:]Reuters
an hour ago
Mali announces more new mining deals under revised code
BAMAKO, Sept 22 (Reuters) - Mali has approved seven agreements granting the state more revenue from international and local mining companies in the latest push by the military government to extract more income from the sector.The Council of Ministers approved the exploitation and exploration agreeme...Reuters
2 hours ago
Oil prices little changed as Russia, Mideast concerns offset by oversupply worry
Estonia accuses Russia of violating its air spaceFour Western nations recognise Palestinian stateIraq increases oil exports after OPEC+ relaxes quotaBy Shadia Nasralla LONDON, Sept 22 (Reuters) - Oil prices were little changed on Monday as concerns over Russia and the Middle East were countered b...Reuters
2 hours ago
US court weighs Trump halt on Rhode Island offshore wind project
Sept 22 (Reuters) - A federal judge on Monday will consider a request by Danish offshore wind developer Orsted ORSTED.CO to restart work on the nearly finished Revolution Wind project, which President Donald Trump's administration halted last month.Orsted and its joint venture partner Skyborn Re...Reuters
2 hours ago
Vistra CEO Burke poised for $340 million payout amid fossil fuel, nuclear revival
Vistra stock No. 2 performer on S&P 500 since start of 2024Vistra bets on fossil fuels, nuclear power in the red-hot PJM electricity marketVistra's 2026 operating profit forecasted at $7.4 billion, boosted by PJM energy auctionBy Tim McLaughlin Sept 22 (Reuters) - Vistra VST.N CEO Jam...Reuters
2 hours ago
Gold Price Forecast: XAU/USD at fresh record highs, aims for $3,730 and $3,670
Gold bounced up from the $3,630 area on Friday and is extending gains on Monday, supported by a cautious market mood and hopes of further Fed easing. The precious metal is trading at $3,720, with the following potential targets at $3,730 and $3,760.The fundamental backdrop remains supportive.
Fxstreet
3 hours ago
Genoa dockers walk out as Italian unions protest against Israel
ROME, Sept 22 (Reuters) - Striking dockworkers blocked access roads to the port of Genoa in northern Italy on Monday, as part of protests against Israel's offensive in Gaza.Transport services also faced disruption and a number of schools across Italy were closed following strikes called by a gro...Reuters
3 hours ago
Governors push for more sway over biggest U.S. grid as power bills surge
State leaders plan PJM Governors' Collaborative for greater influence over PJM gridCapacity payments rise 1,000% due to data center demand and stagnant power supplyGovernors seek formal role in PJM, inspired by Midwest and New England modelsBy Laila Kearney NEW YORK, Sept 22 (Reuters) - Gover...Reuters
3 hours ago
Company launches China-Europe shipping route, Global Times says
HONG KONG, Sept 22 (Reuters) - Chinese-controlled container line Sea Legend will launch the first direct China-Europe route via the Arctic this week, the Global Times reported on Monday, in a move set to almost halve express shipping times between the two locations.Sea Legend will send its first shi...Reuters
4 hours ago
Canada's La Caisse to buy Australia's Edify Energy in $724 million renewables push
Sept 22 (Reuters) - Canadian pension fund La Caisse will buy Australian renewables developer Edify Energy for A$1.1 billion ($724.57 million), the companies said in a joint statement on Monday.The deal includes equity for the development of two advanced solar and battery storage projects, which will...Reuters
5 hours ago
Kghm Signs Power Purchase Deal With Engie Zielona Energia
Sept 22 (Reuters) - KGHM Polska Miedz SA KGH.WA:SIGNS POWER PURCHASE AGREEMENT WITH ENGIE ZIELONA ENERGIADEAL COVERS THE SUPPLY OF ABOUT 65,000 MWH PER YEAR FROM THE WARTKOWO WIND FARMGUARANTEES OF ORIGIN FROM PPA CONTRACT WILL BE USED TO GREEN EQUIVALENT OF ENERGY CONSUMED BY LEGNICA COPPER SMELTER...Reuters
5 hours ago
