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EXCLUSIVE-Venezuela's PDVSA selling oil only to individually licensed companies, sources say
PDVSA limits oil sales to individually licensed companies, affecting exportsU.S. banks hesitant to finance Venezuelan oil trade due to license complexitySome potential buyers also await internal compliance clearancesBy Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 13 (Reuters) - Venezuela&#...Reuters
5 minutes ago
Bessent says any narrowing of US metals tariffs up to Trump
Bessent tells CNBC there is a possibility of modifications to metals tariffsTrump doubled tariffs on steel, aluminum and derivative products to 50% in 2025Steel group urges Trump to stay the course on metals tariffs for national securityBy David Lawder WASHINGTON, Feb 13 (Reuters) - U.S. Treasury...Reuters
11 minutes ago
Argentina Senate passes Milei labor reform, advancing pro‑market overhaul
Milei claims reform will boost investment and job creationPeronist senators argue reform threatens worker protectionsProtests erupt outside Congress during Senate debate BUENOS AIRES, Feb 12 (Reuters) - Argentina's Senate approved President Javier Milei's flagship labor reform bill early ...Reuters
16 minutes ago
Three hurt working on Exxon Beaumont, Texas small CDU, sources say
By Erwin SebaHOUSTON, Feb 13 (Reuters) - Three contractors were injured by a release of steam condensate while overhauling the small crude distillation unit (CDU) at Exxon Mobil's XOM.N 612,000 barrel-per-day Beaumont, Texas refinery, people familiar with operations at the refinery said.Exxon co...Reuters
34 minutes ago
PRECIOUS-Gold rises over 1% as soft inflation data rekindles Fed rate cut hopes
US consumer prices rise less than expected in JanuaryGold on track for a weekly gainSilver, platinum and palladium headed for weekly lossANZ raises gold price forecast to $5,800/oz for Q2By Anmol Choubey and Anjana Anil Feb 13 (Reuters) - Gold prices rose more than 1% on Friday as weaker-than-exp...Reuters
38 minutes ago
Caturus signs LNG supply deal with Saudi Aramco
Feb 13 (Reuters) - U.S. gas producer Caturus said on Friday it signed a 20-year agreement to supply 1 million tonnes per annum of LNG to Saudi Aramco 2223.SE from its proposed Louisiana export project.Last month, Reuters reported the deal, citing sources, between Aramco and Commonwealth LNG, owned a...Reuters
44 minutes ago
Planned SMR nuclear power plant to cost $6-7 billion, Romanian PM says
BUCHAREST, Feb 13 (Reuters) - Romania's planned 460 MW small modular nuclear reactor plant would cost up to $7 billion and it will take time to devise a funding plan for such a big investment, Romanian Prime Minister Ilie Bolojan said on Friday. State-owned nuclear power producer Nuclearelectric...Reuters
47 minutes ago
TC Energy beats profit estimates as natural gas, power demand surges
TC Energy shares rise nearly 2%Company beats Q4 estimatesSees 2026 capex between C$6.0 bln and C$6.5 blnBy Pooja MenonFeb 13 (Reuters) - Canadian pipeline operator TC Energy TRP.TO beat analysts' estimates for fourth-quarter profit on Friday, helped by record natural gas flows across its North ...Reuters
an hour ago
Caturus And Aramco Trading Americas LLC Sign 20-Year LNG Offtake Agreement
Feb 13 (Reuters) - Caturus:CATURUS AND ARAMCO TRADING AMERICAS LLC SIGN 20-YEAR LNG OFFTAKE AGREEMENTCATURUS: UNDER SPA, ARAMCO TRADING WILL PURCHASE 1 MILLION TONNES PER ANNUM (MTPA) OF LNG FROM COMMONWEALTH LNG EXPORT FACILITYCATURUS: PROJECT TO EMPLOY ABOUT 2,000 WORKERS AT PEAK OF CONSTRUCTION, ...Reuters
an hour ago
METALS-Aluminium drops on report Trump may ease tariffs
Prospect of tariff easing adds to pricing uncertaintyTrump imposed tariffs of up to 50% last JuneTrade also slower in run-up to Chinese New YearBy Eric Onstad LONDON, Feb 13 (Reuters) - Aluminium prices sank to a one-week low on Friday after a report the U.S. may trim some tariffs and other indus...Reuters
an hour ago
PJM Board Approves Transmission Projects to Enhance Grid Reliability at Estimated $11.8 Billion
Feb 13 (Reuters) - PJM: SAYS ITS BOARD OF MANAGERS ON FEBRUARY 12 APPROVED MULTIPLE TRANSMISSION PROJECTS TO REINFORCE THE RELIABILITY OF THE ELECTRIC GRIDSAYS THE ESTIMATED TOTAL COST FOR THIS EXPANSION OF THE TRANSMISSION SYSTEM IS APPROXIMATELY $11.8 BILLIONSAYS THE PROPOSALS ARE PART OF THE 2025...Reuters
2 hours ago
Trump plans to roll back some tariffs on steel and aluminum goods, FT reports
Trump plans to scale back some steel, aluminum tariffs- FTShares of U.S. steelmakers, aluminum firms fall in early trade Feb 13 (Reuters) - U.S. President Donald Trump plans to scale back some tariffs on steel and aluminum goods, the Financial Times reported on Friday, citing people familiar with...Reuters
2 hours ago
Dubai's DP World boss removed from post after pressure over Epstein
Bin Sulayem is one of region's most prominent business figuresAlleged ties to Jeffrey Epstein put DP World under pressureDP World says it handles around 10% of global container trafficBy Jana Choukeir and Federico Maccioni DUBAI, Feb 13 (Reuters) - Dubai port giant DP World said on Friday its...Reuters
2 hours ago
US Commerce Dept gives initial backing to Sibanye-Stillwater's call for tariffs on Russian palladium
LONDON, Feb 13 (Reuters) - Sibanye-Stillwater's SSWJ.J call for U.S. tariff on Russian palladium imports has received preliminary support from the U.S. Commerce Department, although a final decision is not expected until mid-2026, the miner said on Friday.Sibanye-Stillwater, which has production...Reuters
2 hours ago
PRECIOUS-Gold rises over 1% as soft inflation data rekindles Fed rate cut hopes
US consumer prices rise less than expected in JanuaryGold and silver on track for a weekly gainANZ raises gold price forecast to $5,800/oz for Q2By Anmol Choubey and Anjana Anil Feb 13 (Reuters) - Gold prices rose more than 1% on Friday as weaker than expected U.S. inflation data reignited hopes ...Reuters
3 hours ago
Three contractors hurt while working on Exxon Beaumont, Texas crude unit , sources say
HOUSTON, Feb 13 (Reuters) - Three contractors were injured by a release of steam condensate while working on a crude oil unit at Exxon Mobil's XOM.N 612,000 barrel-per-day Beaumont, Texas refinery, said people familiar with operations at the refinery.Two of the injured contract workers were take...Reuters
3 hours ago
US natural gas futures dip 3% on warm weather outlook
U.S. natural gas futures fall 3% due to warm weather forecastsWaha Hub prices remain negative due to pipeline constraintsLSEG reports increased gas output and fluctuating demand forecastsBy Scott DiSavinoNEW YORK, Feb 13 (Reuters) - U.S. natural gas futures slid about 3% on Friday before the long U....Reuters
3 hours ago
CBOT Trends-Wheat down 5-7 cents, corn down 1-2, soybeans down 5-8
CHICAGO, Feb 13 (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. CST (1430 GMT) on Friday:WHEAT - Down 5 to 7 cents per bushelCBOT wheat fell back after jumping to multi-month highs on investor short-coveri...Reuters
3 hours ago
