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Exxon working to determine gas resource at Stabroek Block, Guyana minister says
By Sheila Dang and Kemol KingGEORGETOWN, Feb 19 (Reuters) - Exxon Mobil XOM.N is continuing work to determine the total natural gas resources at the Stabroek Block in Guyana, the country's energy minister said."(The government's) technical team is still going through that with Exxon,"...Reuters
4 minutes ago
Nutrien expects higher potash demand despite tough conditions for farmers
By Ed White WINNIPEG, MANITOBA, Feb 19 (Reuters) - Top world potash producer Nutrien NTR.TO expects increased demand for the crop nutrient in 2026 despite farmers cutting back on phosphate fertilizer and facing low returns. On its fourth-quarter financial results conference call, the Canadian com...Reuters
5 minutes ago
METALS-Copper falls as firmer dollar and high inventories weigh
Lunar New Year absences make price action difficult to interpretFederal Reserve policymakers appear in no hurry to cut ratesLME copper stocks still rising LONDON, Feb 19 (Reuters) - Copper lost ground on Thursday, giving up some of the previous session's gains as a firmer dollar, rising inven...Reuters
10 minutes ago
EU wheat rallies as U.S weather and euro support
PARIS, Feb 19 (Reuters) - Euronext wheat rose on Thursday to a 2-1/2 month high as weather concerns fuelled a rally in Chicago while an easing in the euro boosted European export prospects, traders said.May milling wheat BL2K6, the most active position on Euronext, was up 1.8% by 1707 GMT at 194.75 ...Reuters
10 minutes ago
Targa Resources Says Larger Downstream Projects And LPG Export Expansion Are Set To Come Online In The Second Half Of 2027 - Conf Call
Feb 19 (Reuters) - Targa Resources Corp TRGP.N:TARGA RESOURCES SAYS LARGER DOWNSTREAM PROJECTS AND LPG EXPORT EXPANSION ARE SET TO COME ONLINE IN THE SECOND HALF OF 2027 - CONF CALLTARGA RESOURCES EXPECT NATURAL GAS PRICES AT WAHA TO REMAIN VOLATILE THROUGHOUT MUCH OF THE YEAR - CONF CALLTARGA RESOU...Reuters
13 minutes ago
FACTBOX-What's the status of international oil companies in Venezuela?
Feb 19 (Reuters) - Here are key facts about international oil companies in Venezuela, a country with vast oil reserves but dilapidated energy infrastructure. In the 2000s, then President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control...Reuters
14 minutes ago
Pakistan, US sign pact to redevelop New York's Roosevelt Hotel
Deal allows Islamabad to unlock value of one of its most prized overseas investmentsAgreement comes as Pakistan deepens economic engagement with Washington By Ariba Shahid KARACHI, Feb 19 (Reuters) - Pakistan has agreed with the U.S. government to jointly redevelop New York's Roosevelt Hotel,...Reuters
31 minutes ago
PBF refinery in Torrance, California reports unplanned flaring due to power failure
By Nicole JaoNEW YORK, Feb 19 (Reuters) - PBF's PBF.N 155,000 barrel-per-day refinery in Torrance, California was flaring due to utility power failure, a filing with the South Coast Air Quality Management District on Wednesday showed.The refinery was in the process of bringing its units back fro...Reuters
34 minutes ago
PRECIOUS-Gold rises as investors weigh US-Iran tensions; focus on inflation data
US weekly jobless claims fall more than expectedKey US inflation data due on FridayFed minutes show officials grappling with policy splitBy Anmol Choubey Feb 19 (Reuters) - Gold prices rose on Thursday as investors assessed U.S.-Iran tensions, while a drop in U.S. jobless claims signalled labour-...Reuters
37 minutes ago
Exxon working to determine gas resource at Stabroek Block, Guyana minister says
GEORGETOWN, Feb 19 (Reuters) - Exxon Mobil XOM.N is continuing work to determine the total natural gas resources at the Stabroek Block in Guyana, the country's energy minister told Reuters in an interview."(The government's) technical team is still going through that with Exxon," sai...Reuters
43 minutes ago
Oil prices rise 2% to six-month high on concern over potential US-Iran conflict
Geopolitical tensions drive oil prices higher, analyst saysIran plans to conduct naval exercises with Russia Saudi oil exports fall, lowest since SeptemberBy Siddharth Cavale NEW YORK, Feb 19 (Reuters) - Oil prices rose about 2% on Thursday to their highest in six months, as traders worried a...Reuters
43 minutes ago
CME weighs copper warehousing in Chicago as stocks pile up
LONDON, Feb 19 (Reuters) - CME Group CME.O has received an application to list a copper warehouse in a suburb of Chicago, a notice from the U.S. commodity exchange operator shows, as the prospect of import tariffs has led traders to stockpile.Kodiak Warehouse LLC has applied to take copper deliverab...Reuters
53 minutes ago
PBF refinery in Torrance, California reports unplanned flaring due to power failure
NEW YORK, Feb 19 (Reuters) - PBF's PBF.N 155,000 barrel-per-day refinery in Torrance, California was flaring due to utility power failure, a filing with the South Coast Air Quality Management District on Wednesday showed.Reuters
an hour ago
Trump presses Iran to make 'meaningful' deal, appears to set 10-day deadline
Trump has threatened to bomb Iran over its nuclear programUS sends warships and fighter jets to regionKremlin urges all sides to show restraintOil prices have risen on fears of fresh attack on IranBy Trevor Hunnicutt and Matt Spetalnick WASHINGTON, Feb 19 (Reuters) - President Donald Trump warned...Reuters
an hour ago
Danish authorities hold Iran-flagged vessel over registration concerns
Vessel initially sailed under Comoros flagVessel shares IMO number with US sanctioned ship CERUSInspection pending safe weather conditionsCOPENHAGEN, Feb 19 (Reuters) - Denmark's maritime authority said on Thursday it had detained an Iran-flagged container vessel anchored in the Nordic country&#...Reuters
an hour ago
US to West's energy watchdog: scrap net zero focus or we'll quit
US gives IEA one year to abandon net zero focusFrance, Netherlands ministers resist the pressureEuropean countries are cautious about reliance on US importsBy Forrest Crellin and America Hernandez PARIS, Feb 19 (Reuters) - U.S. Energy Secretary Chris Wright gave the International Energy Agency on...Reuters
an hour ago
US natgas futures stay near 4-month low on expected storage withdrawal
EIA reports slightly smaller than usual gas storage withdrawalWaha Hub prices remain negative due to pipeline constraintsLSEG projects increased gas demand and output in FebruaryBy Scott DiSavino NEW YORK, Feb 19 (Reuters) - U.S. natural gas futures stay near a four-month low on Thursday on a slo...Reuters
2 hours ago
Vale Base Metals sells majority stake in Thompson Nickel Belt to Canadian-led consortium
Consortium includes Exiro Minerals, Orion Resources, Canada Growth FundNew company Exiro Nickel to invest $200 million in mine revivalNickel deemed critical under Canada's critical minerals policyBy Isabel Teles and Divya Rajagopal SAO PAULO/TORONTO, Feb 19 (Reuters) - Vale Base Metals has ag...Reuters
2 hours ago
