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EU leaders fail to convince Hungary's Orban to lift block on Ukraine loan
EU loan held up by dispute over Druzhba pipelineFunding vital for Kyiv as it fights Russia's invasionOther EU leaders say Orban's stance is unacceptableHungarian leader unmoved by their complaintsBy Lili Bayer and Kate Abnett BRUSSELS, March 19 (Reuters) - European Union leaders failed to...Reuters
16 minutes ago
US natgas futures soar 6% to five-week high after Iran hits Qatar LNG site
Iranian attacks damage Qatar LNG facilities, impacting global supplyUS gas prices rise despite mild weather and low heating demandUS LNG exports at capacity, limiting response to global price spikesBy Scott DiSavino NEW YORK, March 19 (Reuters) - U.S. natural gas futures jumped about 6% to a five...Reuters
16 minutes ago
WRAPUP 4-Energy prices surge as Iran attack on Qatar LNG plant threatens long-term exports
Qatar says attack on LNG facility could take five years to repairQatar warns it may have to declare force majeure on futures contractsAttacks are a doomsday scenario for natural gas, analyst saysBy Maha El Dahan, Andrew Mills and Yousef Saba March 19 (Reuters) - Energy prices surged on Thursday a...Reuters
17 minutes ago
Exxon accelerates oil, gas projects in Guyana amid high prices
By Kemol KingGEORGETOWN, March 19 (Reuters) - A new floating production facility for a consortium led by Exxon Mobil XOM.N in Guyana is "almost complete" and expected to soon depart from Singapore, part of the U.S. major's effort to accelerate the startup of oil and gas projects in one o...Reuters
18 minutes ago
Ukraine counting on EU to unblock 90 billion euro package, Zelenskiy says
KYIV, March 19 (Reuters) - A 90 billion-euro aid package from the European Union that is currently blocked by Hungary is critical for Kyiv as it faces a "very difficult" situation while fighting Russia, President Volodymyr Zelenskiy said on Thursday.In comments to the European Council, he ad...Reuters
21 minutes ago
Freeport seeks permit for $7.5 billion mine expansion
By Fabian CamberoSANTIAGO, March 19 (Reuters) - U.S. miner Freeport-McMoRan has begun the process of obtaining an environmental permit for a $7.5 billion expansion of its El Abra copper mine in Chile, the company said on Thursday.The project is a joint venture between the company and Chilean state-o...Reuters
28 minutes ago
Energean, ExxonMobil move to the next exploration phase in Greek offshore block
Joint venture includes Energean, ExxonMobil, and Helleniq EnergyVenture notified Greece of intention to move to next exploration phaseU.S. looks to expand footprint in the Mediterranean ATHENS, March 19 (Reuters) - A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it...Reuters
31 minutes ago
EXCLUSIVE-Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
Will have to declare force majeure on LNG contracts for up to five yearsSome 12.8 million tons per year of LNG offlineMeans about $20 billion of lost annual revenueExxonMobil holds stakes in damaged LNG facilitiesWill also impact condensate, LPG, helium, naphtha exports By Maha El Dahan, Andrew Mill...Reuters
33 minutes ago
REFILE-Qatar rejects Iranian claim gas facility attacks in Qatar targeted US-linked sites, PM says
DOHA, March 19 (Reuters) - Qatar rejects Iranian claims that Wednesday's attacks on gas facilities in the Gulf state were aimed at U.S.-linked sites, Prime Minister Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani said during a joint press conference with the Turkish foreign minister.Reuters
33 minutes ago
European airlines warn of higher fares, fuel shortages due to Iran war
Jet fuel prices surge as airspace closures disrupt routesFuel hedges offer temporary shield, but expire soonAirline chiefs urge EU to delay costly green fuel mandatesBy Joanna Plucinska and Tim Hepher BRUSSELS, March 19 (Reuters) - European airline chiefs warned on Thursday that a prolonged confl...Reuters
39 minutes ago
FACTBOX-US-Israeli war with Iran causes major oil, gas disruptions
March 19 (Reuters) - The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbours have damaged major energy facilities and brought shipping through the Strait of Hormuz - which handles about 20% of global oil and liquefied natural gas flows - close to a halt.With daily oil exports from t...Reuters
52 minutes ago
UK to cut steel import quotas, raise tariffs to protect domestic industry
Government launches new strategy on steelSteel import quotas slashed, tariffs to rise to 50%British steel production has faced decades of decline Minister says important to work with EU on steelBy William James LONDON, March 19 (Reuters) - Britain will lower its tariff-free quota on imported stee...Reuters
54 minutes ago
Despite Trump remarks, Israeli officials say US knew of strike on Iran gas field
By Rami Ayyub and Humeyra Pamuk JERUSALEM/WASHINGTON, March 19 (Reuters) - Israel's attack on an Iranian gas field on Wednesday was coordinated with the United States but is not likely to be repeated, three Israeli officials said, despite President Donald Trump saying he did not know about it...Reuters
an hour ago
Russia vows compensation for culled cattle after farmers protests
Regional governor promises compensationPolice, animal doctors go to more farmsScientists say diseases do not require culling of cattle Kazakhstan expands ban on meat, livestock imports from RussiaBy Gleb Bryanski MOSCOW, March 19 (Reuters) - Russian officials promised compensation to farmers in t...Reuters
an hour ago
REFILE-WRAPUP 4-Europe and Japan ready to help stabilise energy prices and secure oil chokepoint
Iran strikes hit Qatar gas facilities, target RiyadhOil price jumps by about 10% before easing backHegseth: US objectives 'unchanged, on target and on plan'Trump says US not told in advance of Israel's gas field strikeTrump considering sending more troops to Middle EastBy Andrew Mills an...Reuters
an hour ago
EXCLUSIVE-Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
By Maha El Dahan, Andrew Mills and Yousef SabaDUBAI/DOHA, March 19 (Reuters) - Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO t...Reuters
an hour 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
an hour ago
Exxon, BP, Vitol ship most US fuels to Australia for a single month in three decades, traders say
Around 240,000 tons of refined fuels to be shippedTankers will mostly be loaded by the end of MarchVoyage typically takes 30-40 daysAustralia usually relies on Asia for most of its fuel importsBy Trixie Yap and Shariq Khan SINGAPORE/NEW YORK, March 19 (Reuters) - ExxonMobil, BP and Vitol are ship...Reuters
2 hours ago
Google expands utility deals to curb data‑center power use during peak demand
By Laila Kearney NEW YORK, March 19 (Reuters) - Google GOOGL.O has signed agreements with five U.S. electric utilities in states from Arkansas to Minnesota to curtail its electricity use during periods of peak demand, the company said on Thursday, in its latest effort to secure power for fast‑gro...Reuters
2 hours ago
