News
Important Only
GASTECH-US energy council chief Burgum casts doubt on future of US offshore wind projects
MILAN, Sept 10 (Reuters) - U.S. Interior Secretary and Energy Council Chief Doug Burgum said it is not likely that there will be future offshore wind projects built in the country, and it is not affordable as it is the most expensive source of electricity.He also said during the Gastech conference i...Reuters
21 minutes ago
Deals of the day-Mergers and acquisitions
Sept 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Technology conglomerate Bending Spoons will buy video hosting platform Vimeo for about $1.38 billion in cash and take it private, the companies said.nL3N3UX0YF ...Reuters
22 minutes ago
GASTECH-Trump prioritising end to Ukraine war over Russia LNG sanctions, US Energy Sec says
MILAN, Sept 10 (Reuters) - U.S. Energy Secretary Chris Wright said President Trump's current priority is to bring the Russian-Ukraine war to an end, without larger disruptions, in response to a question on whether the U.S. would react to Chinese purchases of sanctioned Russian LNG cargoes."P...Reuters
22 minutes ago
PRECIOUS-Gold near record highs as softer inflation data fuels Fed cut bets
US producer prices slip in AugustGold hit record high of $3,673.95/oz on Tuesday US CPI data due at 8:30 ET on ThursdayBy Sherin Elizabeth Varghese Sept 10 (Reuters) - Gold hovered near all-time highs on Wednesday, supported by expectations that the Federal Reserve will resume rate cuts at next w...Reuters
25 minutes ago
US Interior Department Approves Black Butte Mine Expansion in Wyoming
Sept 10 (Reuters) - U.S. Department of the Interior:SAYS IT HAS APPROVED A MINING PLAN CHANGE FOR THE BLACK BUTTE MINE IN SWEETWATER COUNTY, WYOMINGSAYS CHANGE ALLOWS BLACK BUTTE COAL COMPANY TO RECOVER ABOUT 9.2 MILLION TONS OF FEDERAL COAL IN TWO NEW AREAS, KNOWN AS PIT 15 AND PIT 10SAYS WITH THIS...Reuters
26 minutes ago
US natgas prices slide 3% to one-week low as LNG flows decline
LNG export feedgas drops to three-week low of 14.9 bcfdLower 48 states' gas output falls to 107.4 bcfd in SeptemberWarmer weather offsets usual rise in heating demandBy Scott DiSavino Sept 10 (Reuters) - U.S. natural gas futures slid about 3% to a one-week low on Wednesday on recent declines ...Reuters
30 minutes ago
EU may list independent Chinese refineries in new Russia sanctions package
By Julia Payne BRUSSELS, Sept 10 (Reuters) - The European Commission is considering listing some independent Chinese refineries in its 19th package of sanctions against Russia over its invasion of Ukraine, EU officials who asked not to be named, said. The Commission may propose the new package as...Reuters
33 minutes ago
CBOT Trends-Wheat steady-up 1 cent, corn steady-weak, soy down 1-2 cents
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 Wednesday.NOTE: Traders await monthly supply/demand reports, including updated U.S. crop estimates, due from the U.S. Department of Agriculture on Frid...Reuters
42 minutes ago
EU may list independent Chinese refineries in new Russia sanctions package
BRUSSELS, Sept 10 (Reuters) - The European Commission is considering to list some independent Chinese refineries in its 19th package of sanctions against Russia over its invasion of Ukraine, EU officials who asked not to be named, said. The Commission may propose the new package as soon as Friday.Reuters
51 minutes ago
US misses out on billions of dollars of China soybean sales midway through peak season
South American soybeans cover 95% of China's October demandUS faces potential export loss of 14 mln-16 mln tonsUSDA may pare 2025/26 US soybean export forecastBy Ella Cao, Naveen Thukral and Karl Plume BEIJING/SINGAPORE/CHICAGO, Sept 10 (Reuters) - U.S. farmers are missing out on billions of ...Reuters
53 minutes ago
CMA CGM not planning surcharges due to US port fees on China-built vessels
PARIS, Sept 10 (Reuters) - French shipping group CMA CGM is not planning to impose surcharges on cargo shipped to or from the United States in response to U.S. port fees to be imposed on Chinese-built vessels from October 14, it said on Wednesday.CMA CGM also expects to maintain services to all its ...Reuters
55 minutes ago
RPT-COLUMN-Bruised funds retreat from copper after tariff turbulence: Andy Home
By Andy Home LONDON, Sept 10 (Reuters) - A sense of normality has returned to the copper market now the threat of U.S. import tariffs on refined metal has been deferred. Physical copper is still flowing into CME warehouses after the rush to move metal to the United States but the CME spot premium...Reuters
an hour ago
Turkey secures 15 billion cubic metres of LNG for to diversify gas supply
ISTANBUL, Sept 10 (Reuters) - Turkey has agreed liquefied natural gas (LNG) supply deals with international energy companies, securing around 15 billion cubic metres (bcm) of gas for the 2026–2028 period, Energy Minister Alparslan Bayraktar said on Wednesday.The deals were announced over two days du...Reuters
an hour ago
Glenfarne, Gunvor sign 20-year LNG supply deal as project nears investment decision
Sept 10 (Reuters) - U.S. energy infrastructure company Glenfarne said on Wednesday its unit struck a 20-year deal to sell liquefied natural gas to trading firm Gunvor, moving its planned Brownsville export project in Texas closer to a final investment decision.The deal covers 0.5 million tonnes per ...Reuters
an hour 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 traded 0.10% hig...Reuters
an hour ago
Oil prices up after Israeli attacks, but oversupply caps gains
LONDON, Sept 10 (Reuters) - Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar, Poland shot down drones and the U.S. made a push for new sanctions on buyers of Russian oil, but concerns over crude oversupply capped further gains.
Reuters
2 hours ago
REFILE-Glenfarne, Gunvor sign 20-year LNG supply deal as project nears investment decision
Sept 10 (Reuters) - U.S. energy infrastructure company Glenfarne said on Wednesday its unit struck a 20-year deal to sell liquefied natural gas to trading firm Gunvor, moving its planned Brownsville export project in Texas closer to a final investment decision.Reuters
2 hours ago
Texas LNG Signs 20-Year Sales & Purchase Deal With Gunvor
Sept 10 (Reuters) - Texas LNG Brownsville LLC:TEXAS LNG BROWNSVILLE LLC: SIGNED 20-YEAR SALES AND PURCHASE DEAL WITH GUNVOR SINGAPORE PTE LTDTEXAS LNG BROWNSVILLE LLC: DEAL FOR 0.5 MTPA OF LNG FROM TEXAS LNG ON FREE ON BOARD BASISFurther company coverage: [ ]Reuters
2 hours ago
Equinor keeps options open for Orsted stake
OSLO, Sept 10 (Reuters) - Equinor EQNR.OL believes in offshore wind farm developer Orsted's ORSTED.CO core business but is not at a stage where the two will merge their renewables businesses, the Norwegian group's board chair said on Wednesday.Oil group Equinor holds a 10% stake in Orsted an...Reuters
2 hours ago
