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Ten years after first cargo, US LNG dominance set to keep growing
US celebrates 10 years of LNG exportsU.S. could double current LNG output in five yearsTwo of world's three largest LNG exporters are in the U.S.By Curtis Williams HOUSTON, Feb 24 (Reuters) - In the ten years since the first export cargo of liquefied natural gas left Louisiana, the United Sta...Reuters
54 minutes ago
First Solar slides as outlook falls short on Trump-era permitting delays
By Dharna BafnaFeb 24 (Reuters) - First Solar FSLR.O, the largest U.S.-based solar panel maker, projected annual sales below Wall Street estimates, citing customer headwinds such as permitting delays under the Donald Trump administration, sending its shares down nearly 14%. The company also anticip...Reuters
an hour ago
CIF/FOB Gulf Grain-Soybean, corn barge basis turns higher
CHICAGO, Feb 24 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals firmed on Tuesday, as freight rates remained elevated and barge supplies tight along parts of the Mississippi River, traders said.CIF Gulf soybean barges loaded in February and March were bid a...Reuters
an hour ago
US Plains HRW Wheat-Basis bids flat to down, protein premiums drop
CHICAGO, Feb 24 (Reuters) - Basis bids for hard red winter wheat were flat to lower in a spot check of locations in the U.S. Plains on Tuesday, as futures fell. A more active rain pattern in the next two weeks should allow relief to the driest quarter of the Southwest Plains wheat crop, according to...Reuters
an hour ago
EXCLUSIVE-Carney knew of South Bow's Keystone XL plans before White House meeting, source says
Carney was aware of South Bow's Keystone XL revival plans when he discussed pipeline with TrumpSouth Bow considers reviving parts of Keystone XL pipeline in expansion projectCarney asked Trump in October if he would be interested in reviving Keystone with Canadian supportBy Amanda Stephenson ...Reuters
an hour ago
Mosaic misses profit estimates on weak US phosphate demand
Feb 24 (Reuters) - Mosaic MOS.N missed Wall Street expectations for fourth-quarter profit on Tuesday, hurt by a steep drop in U.S. phosphate demand that weighed on sales volumes. Shares fell more than 2% in extended trading.The Tampa, Florida-based fertilizer producer warned in January that an unusu...Reuters
2 hours ago
Oil prices ease as Iran says prepared to take steps to reach deal with US
Iran ready for nuclear talks with US, impacting oil pricesUS-Iran tensions add $3-$4 risk premium to oil pricesUS imposes new tariffs, affecting global oil trade dynamicsAPI data shows U.S. crude stocks rose last weekBy Scott DiSavino and Siddharth Cavale NEW YORK, Feb 24 (Reuters) - Oil prices c...Reuters
2 hours ago
South Korea approves first petrochemical restructuring deal as supply glut weighs
SEOUL, Feb 25 (Reuters) - South Korea's industry ministry said on Wednesday it has approved the country's first petrochemical industry restructuring project, offering a support package worth more than 2 trillion won ($1.39 billion) to help companies weather a prolonged sector downturn. The m...Reuters
2 hours ago
EOG Resources beats profit estimates on strong output, higher gas prices
Feb 24 (Reuters) - EOG Resources EOG.N beat estimates for fourth-quarter profit on Tuesday, as higher output and elevated natgas prices offset the impact of a drop in crude prices.U.S. natural gas futures NGc1 rose over 11% sequentially in the fourth quarter, driven by stronger demand and increased ...Reuters
3 hours ago
Fun or felony? New York police investigate snowball fight after officers got pelted
By Jonathan Allen and Maria Tsvetkova NEW YORK, Feb 24 (Reuters) - The New York Police Department is investigating a boisterous snowball fight in a Manhattan park after several officers were hit in the face, dividing the mayor and other city leaders on Tuesday over whether the throwers should be ...Reuters
3 hours ago
Axon Enterprise beats fourth-quarter profit estimates, shares rise
Feb 24 (Reuters) - Taser-maker Axon Enterprise AXON.O beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by strong demand for its security devices and software products.Shares of the Arizona-based company were up 15% in extended trading.Best known for its law enforcement technol...Reuters
3 hours ago
RPT-EXCLUSIVE-Carney knew of South Bow's Keystone XL plans before White House meeting, source says
Carney was aware of South Bow's Keystone XL revival plans when he discussed pipeline with TrumpSouth Bow considers reviving parts of Keystone XL pipeline in expansion projectCarney asked Trump in October if he would be interested in reviving Keystone with Canadian supportBy Amanda Stephenson ...Reuters
3 hours ago
First Solar plunges after downbeat net sales forecast
Feb 24 (Reuters) - First Solar FSLR.O, the biggest U.S.-based solar panel maker, forecasts current-year sales below estimates as the U.S. solar panel expects higher prices for its products following additional tariffs on foreign-made panels, sending its shares tumbling down nearly 14% after the bell...Reuters
3 hours ago
Venezuela readies larger oil cargoes for export, targets India
Chevron sells Venezuela oil to Reliance for the first time since 2023Supertankers to speed up Venezuelan oil exportsLarger cargoes could reduce transportation costsVLCC charters come amid tightened availability of medium-sized vesselsBy Marianna Parraga, Shariq Khan and Arathy Somasekhar Feb 24 (...Reuters
4 hours ago
US shale producer EOG Resources beats fourth-quarter profit estimates
Feb 24 (Reuters) - EOG Resources EOG.N beat estimates for fourth-quarter profit on Tuesday, as a rise in output helped the U.S. oil and gas producer offset the impact of a drop in crude prices. The Houston-based company posted an adjusted profit of $2.27 per share for the quarter ended December 31, ...Reuters
4 hours ago
CAVA Group Q4 revenue beats expectations
OverviewMediterranean fast-casual chain's Q4 revenue rose 21.2%, beating analyst expectationsSame-restaurant sales increased by 0.5% in Q4Company opened 24 new restaurants in Q4OutlookCAVA Group anticipates 74 to 76 net new restaurant openings in fiscal 2026Company expects same restaurant sales ...Reuters
4 hours ago
Mediterranean restaurant chain Cava forecasts annual sales above estimates
By Sanskriti Shekhar and Juveria Tabassum Feb 24 (Reuters) - Cava Group CAVA.N forecast annual same-store sales above Wall Street estimates on Tuesday, betting on resilient demand for its healthy Mediterranean bowls, even as higher commodity and tariff-related costs pressure its margins.Shares o...Reuters
4 hours ago
Mediterranean restaurant chain Cava forecasts annual sales above estimates
Feb 24 (Reuters) - Cava Group CAVA.N forecast annual same-store sales above Wall Street estimates on Tuesday, betting on resilient demand for its healthy Mediterranean bowls, even as higher commodity and tariff-related costs pressure its margins.The company's customizable protein and fiber-rich ...Reuters
4 hours ago
