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RPT-BREAKINGVIEWS-Latest oil crisis readies hammer for demand curve
By Robert Cyran NEW YORK, March 18 (Reuters Breakingviews) - It took two Middle East oil shocks for the world to really focus on energy efficiency. The result was a multi-decade, steady reduction in the amount required to produce a certain amount of wealth. If the region's latest crisis persi...Reuters
9 minutes ago
IEA chief meets Chinese diplomat in Paris to discuss oil market stability
PARIS, March 19 (Reuters) - The International Energy Agency chief, Fatih Birol, said on Thursday he had discussed international cooperation to stabilise global oil markets for the benefit of all countries with China's ambassador to France, Deng Li, at the agency's headquarters in Paris.IEA c...Reuters
12 minutes ago
Electra Provides Construction Progress Update On North America’S Only Cobalt Sulfate Refinery
March 19 (Reuters) - Electra Battery Materials Corporation ELBM.V:ELECTRA PROVIDES CONSTRUCTION PROGRESS UPDATE ON NORTH AMERICA’S ONLY COBALT SULFATE REFINERYELECTRA BATTERY MATERIALS CORPORATION - MECHANICAL COMPLETION OF COBALT SULFATE REFINERY TARGETED FOR Q2 2027Reuters
13 minutes ago
CK Hutchison says still in talks over ports assets sale
Legal conflict with Panama complicates ports sale talks2025 underlying profit rises 7% despite challengesNo decision on telecoms and retail unit transactionsBy Clare Jim and Donny Kwok HONG KONG, March 19 (Reuters) - CK Hutchison said on Thursday it remained in talks with a consortium to sell the...Reuters
21 minutes ago
PRECIOUS-Gold falls to over one-month low on stronger dollar, hawkish Fed tone
Fed, BoC, and BoJ keep interest rates on hold amid inflation concernsECB expected to hold interest rates steady Oil rises over $115 a barrel after Iran strikes Middle East energy facilitiesBy Pablo Sinha March 19 (Reuters) - Gold prices fell to their lowest level in more than a month on Thursday...Reuters
22 minutes ago
CORRECTED-Signet Q4 revenue slightly beats estimates
OverviewUS jewelry retailer's Q4 revenue slightly beat analyst expectations, adjusted EPS beat estimatesQ4 operating income missed analyst estimates, reflecting modest merchandise margin decline and fixed cost deleverageCompany raised quarterly dividend nearly 10% and repurchased $27 mln shares ...Reuters
27 minutes ago
Kenya revives stalled China-backed railway after six-year halt
Extension lacked funding, took more than six years to kick offKenya using securitisation of revenue, joint projects with Chinese firmsRailway line has been viewed as a symbol of Beijing's 'Africa debt trap' China's CRBC is the main contractor for rail extension By Duncan Miriri NA...Reuters
27 minutes ago
Freeport to seek permit for $7.5 billion mine expansion, Chilean media reports
SANTIAGO, March 19 (Reuters) - U.S. miner Freeport-McMoRan is due to begin the process of obtaining an environmental permit for a $7.5 billion expansion of its El Abra copper mine in Chile, newspaper Diario Financiero reported late Wednesday.The project is a joint venture between the company and the...Reuters
42 minutes ago
European airlines, EU spar over calls to delay green-fuel rules
European airline CEOs meet in BrusselsAirline chiefs urge rollback of synthetic jet fuel mandateWar, oil prices buffeting aviation sectorBy Joanna Plucinska and Tim Hepher BRUSSELS, March 19 (Reuters) - European airline chiefs urged the EU on Thursday to postpone the "broken" parts of its...Reuters
43 minutes ago
WRAPUP 5-Central banks hawkish but cautious in war's shadow
US, Canada, Japan keep rates on hold amid inflation concernsCentral banks warn risk of inflation if fuel costs remain highBOJ chief keeps alive expectation of near-term rate hikeBrazil cautious in cutting rates, raises inflation projectionsBy Howard Schneider, Leika Kihara and Promit Mukherjee WA...Reuters
45 minutes ago
China calls for end to Gulf conflict, offers to ease Southeast Asia energy crunch
China says willing to cooperate with SE Asia on energy securityForeign Ministry signals Strait of Hormuz should be reopenedBeijing sees opportunity in energy crisis, analyst says By Liz Lee and Joe Cash BEIJING, March 19 (Reuters) - China called for an end to conflict in the Gulf and said the saf...Reuters
49 minutes ago
Freeport to seek permit for $7.5 billion mine expansion, Chilean media reports
SANTIAGO, March 19 (Reuters) - U.S. miner Freeport-McMoRan is due to begin the process of obtaining an environmental permit for a $7.5 billion expansion of its El Abra copper mine in Chile, newspaper Diario Financiero reported late Wednesday.Reuters
55 minutes ago
WRAPUP 3-Europe scrambles to limit effects of energy escalation in Iran war
Iran strikes hit Qatar gas facilities, target RiyadhOil price jumps about 7%Trump says US not told in advance of Israel's gas field strikeTrump warns Iran not to attack Qatar againTrump considering sending more troops to Middle EastBy Andrew Mills and Timour Azhari DOHA/RIYADH, March 19 (Reut...Reuters
57 minutes ago
MSC to buy 50% stake in tanker giant Sinokor, Cypriot filing shows
LONDON, March 19 (Reuters) - Container shipping giant Mediterranean Shipping Company is to buy 50% stake in South Korean shipping firm Sinokor, according to a public filing in Cyprus.After the acquisition MSC will jointly control Sinokor with Mr. Ga-Hyun Chung, who holds the entire share capital of ...Reuters
an hour ago
RPT-ROI-Iran war leaves deep, costly scar on Mideast energy: Bousso
By Ron Bousso LONDON, March 19 (Reuters) - The Iran war has shattered the fragile coexistence among Gulf energy producers that long underpinned regional stability. Oil and gas markets will now carry a higher Middle East risk premium for years — if not decades.Now in its third week, the conflict h...Reuters
an hour ago
Russia says increased Ukrainian attacks threaten gas export routes
MOSCOW, March 19 (Reuters) - The Kremlin on Thursday condemned what it called an intensification of Ukrainian attacks on Gazprom gas compressor stations serving two major pipelines, saying such incidents threatened critical infrastructure and international energy routes.Gazprom said earlier that att...Reuters
an hour ago
ADNOC CEO says regional energy infrastructure, including ADNOC’s, targeted in attacks
DUBAI, March 19 (Reuters) - ADNOC Group Chief Executive Sultan Al Jaber said on Thursday that critical energy infrastructure across the region, including that of ADNOC in the United Arab Emirates, has come under attack. "This is an unjustified, unprovoked and illegal attack on a peaceful nation,...Reuters
an hour ago
