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Wabtec and Kazakhstan reach $4.2 billion locomotive deal, US Commerce Department says
By Bhargav Acharya Sept 22 (Reuters) - Locomotive parts maker Wabtec WAB.N has reached a $4.2 billion agreement with Kazakhstan under which the Pennsylvania-headquartered company will provide the central Asian country with 300 locomotives, the U.S. Department of Commerce said on Monday.The deal w...Reuters
9 minutes ago
Europe Gasoline/Naphtha-Gasoline cracks dip
LONDON, Sept 22 (Reuters) - Northwest European gasoline profit margins fell $1.09 to $18.36 a barrel on Monday.A total of 4,000 metric tons of Eurobob E5 barges were traded, with Sahara selling to Vitol.E10 barges worth 6,000 tons were traded in total, with Sahara also selling to Varo. EU and UK gas...Reuters
14 minutes ago
Avangrid Announces New Oregon Solar Project To Help Power Data Centers
Sept 22 (Reuters) - Avangrid:AVANGRID ANNOUNCES NEW OREGON SOLAR PROJECT TO HELP POWER DATA CENTERSAVANGRID: 57 MWDC FACILITY TO SUPPLY RENEWABLE ENERGY FOR AMAZON DATA CENTERS IN REGION, PROJECT TO BE OPERATIONAL IN 2027Reuters
25 minutes ago
Exxon greenlights $6.8 billion investment for Hammerhead project in Guyana
By Sheila Dang and Kemol KingHOUSTON, Sept 22 (Reuters) - Exxon Mobil XOM.N said on Monday it greenlit funding its seventh development project in Guyana called Hammerhead, bringing its oil joint venture another step closer to its goal of producing 1.7 million barrels of oil equivalent per day by 203...Reuters
31 minutes ago
PRECIOUS-Gold hits fresh record high as investors eye further rate cuts
Gold hits record high of $3,735.40/ozInvestors await Fed speeches, U.S. core PCE dataSilver at more than 14-year highBy Noel John Sept 22 (Reuters) - Gold soared to an all-time high on Monday, fueled by growing expectations of further U.S. rate cuts and persistent safe-haven demand amid political...Reuters
44 minutes ago
Exxon greenlights investment for Hammerhead project in Guyana
By Sheila DangHOUSTON, Sept 22 (Reuters) - Exxon Mobil XOM.N said on Monday that it greenlit the investment decision for its seventh development project in Guyana called Hammerhead, which is expected to begin oil and gas production in 2029. The announcement brings an Exxon-led oil joint venture anot...Reuters
an hour ago
US and Kazakhstan strike $4 billion locomotive deal, Lutnick says
Sept 22 (Reuters) - The United States and Kazakhstan have struck a $4 billion locomotive agreement, Commerce Secretary Howard Lutnick announced on Monday.The deal was made after a call between President Donald Trump and Kazakhstan's Qasym-Jomart Toqayev, Lutnick said in a post on X. "These l...Reuters
an hour ago
Oil prices tick down as Iraq exports rise amid demand concerns
Estonia accuses Russia of violating its air spaceFour Western nations recognise Palestinian stateIraq increases oil exports after OPEC+ relaxes quotaBy Arathy Somasekhar HOUSTON, Sept 22 (Reuters) - Oil prices edged lower on Monday as worries of an oversupply outweighed geopolitical tensions in R...Reuters
an hour ago
Governors push for more sway over biggest US 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
2 hours ago
SOFTS-Cocoa slumps to two-month low, arabica coffee extends fall
LONDON, Sept 22 (Reuters) - Cocoa futures on ICE fell to two-month lows on Monday with weak demand seen leading to a global surplus in the upcoming 2025/26 season, while arabica coffee and sugar were also down.COCOA* London cocoa LCCc2 lost 1.3% to 4,994 pounds a metric ton by 1439 GMT after setting...Reuters
2 hours ago
US natgas prices rise as warm weather lifts demand
Sept 22 (Reuters) - U.S. natural gas futures gained on Monday, supported by forecasts for warmer-than-normal weather and firmer demand in the coming days.Front-month gas futures for October delivery NGc1 on the New York Mercantile Exchange rose 3.4 cents, or 1.2%, to $2.92 per million British therma...Reuters
3 hours ago
EU to reopen market for Brazil's chicken meat after bird flu outbreak
SAO PAULO, Sept 22 (Reuters) - The European Union will reopen its market to Brazil's chicken meat, lifting a ban imposed in May after a bird flu outbreak in Rio Grande do Sul state, Brazil's agriculture ministry said in a statement on Monday.The EU plans for a phased resumption starting Tues...Reuters
3 hours ago
Mexico confirms case of New World screwworm in northern state, USDA says
Sept 21 (Reuters) - Mexico's National Service of Agro-Alimentary Health, Safety, and Quality on Sunday confirmed a new case of New World screwworm in Sabinas Hidalgo, Nuevo Leon, less than 70 miles (113 km) from the U.S.-Mexico border, the U.S. Department of Agriculture said."USDA is analyzi...Reuters
3 hours ago
PRESS DIGEST-Canada - September 22
Sept 22 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** The Haisla Nation-led Cedar LNG project has applied to regulators for permission to boost its future production c...Reuters
4 hours ago
CBOT Trends-Wheat down 5-6 cents, corn down 3-4, soybeans down 14-15
CHICAGO, Sept 22 (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 Monday. WHEAT - Down 5 to 6 cents per bushelCBOT wheat futures were lower as improving harvest prospects globally...Reuters
4 hours ago
China's ethylene surge could spell more pain for US, European chemical firms
By Tanay Dhumal Sept 22 (Reuters) - China's swift production ramp-up of ethylene, a crucial component for plastics, packaging and construction, is expected to drive down global prices and weigh on U.S. and European chemical manufacturers already grappling with oversupply and weak demand.Domes...Reuters
4 hours ago
Iran and Russia to sign documents on building new nuclear reactors in Iran, RIA news agency says
MOSCOW, Sept 22 (Reuters) - Russia and Iran will this week sign agreements on the construction of new nuclear power units in Iran, Russian state news agency RIA quoted Iran's nuclear chief as saying.Mohammad Eslami, who is also Iran's vice president, was speaking during a visit to Moscow.Wes...Reuters
4 hours ago
SOFTS-Cocoa slumps to two-month low, coffee and sugar rise
LONDON, Sept 22 (Reuters) - Cocoa futures on ICE fell to two-month lows on Monday with weak demand seen leading to a global surplus in the upcoming 2025/26 season, while coffee and sugar were higher. COCOA* London cocoa LCCc2 lost 1.8% to 4,967 pounds a metric ton by 1119 GMT after setting a ...Reuters
5 hours ago
