News
Important Only
Iraq approves 'amicable settlement' with Russia's Lukoil over transfer of operations of giant field
CAIRO, Feb 17 (Reuters) - The Iraqi cabinet approved on Tuesday an "amicable settlement" with Russia's Lukoil LKOH.MM over the transfer of operations of the giant West Qurna 2 oil field to the state-run Basra Oil Company, according to a statement.Last month, Iraq nationalised the oilfiel...Reuters
6 minutes ago
PRECIOUS-Gold slides more than 2% on progress in US-Iran talks, firmer dollar
Iranian foreign minister says progress made in nuclear talks with USRussia and Ukraine gather for US-mediated peace talksJanuary FOMC minutes due on WednesdayBy Anmol Choubey Feb 17 (Reuters) - Gold fell more than 2% on Tuesday, as signs of progress in U.S.-Iran talks dampened safe-haven demand, ...Reuters
9 minutes ago
Berkshire-owned PacifiCorp, citing liquidity, sells Washington assets to Portland General Electric for $1.9 billion
PacifiCorp has warned of liquidity concerns from Oregon wildfirePGE to acquire natural gas, wind, utility assetsTransaction may close in more than one yearBy Jonathan Stempel and Katha Kalia Feb 17 (Reuters) - PacifiCorp, a utility owned by Berkshire Hathaway BRKa.N, is selling wind, natural gas...Reuters
16 minutes ago
EU wheat prices ease with Chicago as hefty supply weighs
PARIS, Feb 17 (Reuters) - Euronext wheat eased on Tuesday as Chicago futures retreated from a near three-month peak while stiff competition for tepid international demand also curbed the market, traders said.May milling wheat BL2K6, the most active position on Euronext, settled 0.5% down at 190.25 e...Reuters
25 minutes ago
Exxon committed to moving fast to develop gas in Guyana, executive says
By Sheila Dang and Kemol King GEORGETOWN, Feb 17 (Reuters) - Exxon Mobil XOM.N is committed to moving fast to develop natural gas in Guyana, the U.S. energy major's upstream chief Dan Ammann said on Tuesday, a key move amid the country's push for increased gas output and supply.The Guyane...Reuters
35 minutes ago
Czechs offer limited oil volumes to Slovakia via Druzhba reverse flow, minister says
PRAGUE, Feb 17 (Reuters) - The Czech Republic is offering small volumes of oil to Slovakia through an eastward flow of the Druzhba pipeline after westward flows from Ukraine were stopped after an attack on the pipeline last month, Czech Economy Minister Karel Havlicek said on Tuesday.The Czechs stop...Reuters
52 minutes ago
Oil prices slide 2% to two-week low on talk of progress in US-Iran talks
Oil prices drop amid possible easing in US-Iran tensionsIran-US talks progress but no imminent deal, Araqchi saysVolatility to continue due to geopolitical tensionsBy Scott DiSavino NEW YORK, Feb 17 (Reuters) - Oil prices fell about 2% to a two-week low on Tuesday on hopes tensions between the Un...Reuters
an hour ago
REFILE-US will continue to supply Europe with LNG at low prices, says US Energy Secretary
PARIS, Feb 17 (Reuters) - The United States will continue to supply Europe with LNG at low prices, U.S. Energy Secretary Chris Wright said on Tuesday. "Can we continue to supply Europe at very low prices? Absolutely, for as far as the eye can see," Wright said at a conference in Paris, org...Reuters
an hour ago
U.S. energy chief says Venezuela could boost output by "several hundred thousand bpd by year‑end"
PARIS, Feb 17 (Reuters) - U.S. energy secretary Chris Wright said on Tuesday that Venezuela could add "several hundred thousand barrels per day" to oil production by year‑end."I think you'll see several 100,000 barrels a day of additional production by the end of this year," Wrig...Reuters
2 hours ago
Canada's Sherritt to halt Cuba mine operations over fuel shortages
Feb 17 (Reuters) - Canada's Sherritt International Corp S.TO said on Tuesday that it plans to halt operations at its nickel and cobalt mine in Cuba due to the fuel shortage on the Caribbean island. The Toronto-based company has reduced operations at its joint venture in Moa, Cuba, and is due to ...Reuters
2 hours ago
Czechs offer limited oil volumes to Slovakia via Druzhba reverse flow, CTK reports minister as saying
PRAGUE, Feb 17 (Reuters) - The Czech Republic is offering small volumes of oil to Slovakia through an eastward flow of the Druzhba pipeline after westward flows from Ukraine were stopped after an attack on the pipeline last month, news agency CTK quoted Czech Economy Minister Karel Havlicek as sayin...Reuters
2 hours ago
EU carbon border tariff could restrict US gas exports to Europe, US Energy Secretary says
PARIS, Feb 17 (Reuters) - The EU carbon border tariff would make it too risky to export gas to Europe, U.S. Energy Secretary Chris Wright said at a conference in Paris on Tuesday."The penalties associated with it would make it too risky to export natural gas to Europe," he said.The EU's ...Reuters
2 hours ago
U.S. to restart uranium enrichment, partly with partners in France, says U.S. Energy Secretary
PARIS, Feb 17 (Reuters) - The United States will restart uranium enrichment in the U.S., partly with partners in France, U.S. Secretary for Energy Chris Wright told a conference in Paris on Tuesday. Last month, French nuclear fuels group Orano was awarded $900 million in funding from the U.S. Dep...Reuters
2 hours ago
GRAINS-Wheat, corn ease further from multi-month highs
Wheat lower on technical trading, heavy global supplyCorn lower on spillover weakness from wheatSoybeans tick up on hopes for Chinese demandBy Heather SchlitzCHICAGO, Feb 17 (Reuters) - Chicago wheat futures on Tuesday moved back from multi-month highs struck in the previous week as ample global sup...Reuters
2 hours ago
PRECIOUS-Gold slides more than 2% on progress in US-Iran talks, firmer dollar
Iranian foreign minister says progress made in nuclear talks with USRussia and Ukraine gather for US-mediated peace talksJanuary FOMC minutes due on WednesdayBy Anmol Choubey Feb 17 (Reuters) - Gold fell more than 2% on Tuesday, as signs of progress in U.S.-Iran talks dampened safe-haven demand, ...Reuters
2 hours ago
Exxon committed to moving fast to develop gas in Guyana, executive says
GEORGETOWN, Feb 17 (Reuters) - Exxon Mobil XOM.N is committed to moving fast to develop natural gas in Guyana, the U.S. energy major's upstream chief Dan Ammann said on Tuesday, a key move amid the country's push for increased gas output and supply."We are committed to developing Guyana&...Reuters
2 hours ago
Mississippi holds hearing on xAI data center amid environmental lawsuit threat
By Valerie VolcoviciWASHINGTON, Feb 17 (Reuters) - Mississippi regulators will host a public hearing on Tuesday over plans by Elon Musk's xAI to build a gas-fired power plant to power its Colossus II data center, as the company faces a lawsuit threat by the NAACP, accusing it of violating federa...Reuters
2 hours ago
