News
Important Only
Vatican launches project encouraging disinvestment from mining sector
By Joshua McElweeVATICAN CITY, March 20 (Reuters) - The Vatican on Friday launched an international project encouraging disinvestment from the mining sector, in an unusual initiative by the Catholic Church to steer investments away from a specific industry. Officials said the new initiative, backed ...Reuters
3 minutes ago
India sees Qatar LNG supply cut after Iran strike
By Nidhi Verma NEW DELHI, March 20 (Reuters) - Liquefied natural gas (LNG) supplies from Qatar to India could be impacted following Iranian strikes on energy facilities in the Middle Eastern nation, a government official said on Friday.India, the world's fourth-largest LNG importer, relies on...Reuters
6 minutes ago
PRESS DIGEST-Canada - March 20
March 20 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILCanaccord Genuity Group CF.TO, Canada's largest independent investment bank, is reworking leadership of its U.S...Reuters
10 minutes ago
France boards tanker it says is linked to Russian shadow fleet in Mediterranean
By John Irish, Marc Leras and Gianluca Lo Nostro PARIS, March 20 (Reuters) - The French Navy seized an oil tanker on Friday in the Western Mediterranean that President Emmanuel Macron said belonged to Russia's shadow fleet, a network of vessels that enables Moscow to export oil despite Wester...Reuters
15 minutes ago
France sees no obvious short-term end to Middle East war, Barrot says
NEAR TEL AVIV, Israel, March 20 (Reuters) - France's Foreign Minister Jean-Noel Barrot said he did not see an obvious end to the conflict in the Middle East in the short-term, but that France and its allies would continue to work towards trying to find a lasting solution."There is no obvious...Reuters
15 minutes ago
GRAINS-Corn and wheat lower as crude rally pauses
Oil supply plans ease investor concerns, removing support for grainsSoybeans nearly flat after three-day rallyLower weekly U.S. export sales, rain foreacst in U.S. Plains also curb prices BEIJING/PARIS, March 20 (Reuters) - Chicago corn and wheat futures retreated on Friday while soybeans were li...Reuters
26 minutes ago
Restoring oil flow from Gulf could take six months, IEA chief tells FT
March 20 (Reuters) - The International Energy Agency chief Fatih Birol warned in an interview with the Financial Times on Friday that it could take up to six months to restore oil and gas flows from the Gulf, saying the world is facing what could be the most severe energy crisis in history."It w...Reuters
32 minutes ago
Serbia to cut excise duties on crude oil, President Vucic says
BELGRADE, March 20 (Reuters) - Serbia will cut excise duties on crude oil by a cumulative 60% to calm the local market and offset the effects of the Israeli-U.S. war with Iran, the country's President Aleksandar Vucic said on Friday.Last week Serbia cut excise duties on fuel by 20% to prevent ...Reuters
34 minutes ago
Russian oil set to regain top spot in India after February dip
India's Russian oil imports poised for record amid Gulf crisisU.S. waived Russian oil sanctions for India on March 6Brazil was fourth-biggest oil supplier to India in FebruaryBy Nidhi Verma NEW DELHI, March 20 (Reuters) - Iraq overtook Russia as India's biggest oil supplier in February, s...Reuters
42 minutes ago
No official update from QatarEnergy on gas supply halt, Italy's Edison says
MILAN, March 20 (Reuters) - Edison EDNn.MI has not received an official update on how long a pause in gas supplies from QatarEnergy will last, the chief executive of the Italian utility said on Friday after the production plant of the Middle East group was bombed."We will do what is needed to gu...Reuters
56 minutes ago
WRAPUP 6-Iran hits Kuwait refinery, Israel kills Iranian Guards spokesman as war rages on
Israeli military says strikes launched on targets in TehranRevolutionary Guards spokesman killedIran attacks refinery in KuwaitAllies' help in Hormuz conditional on ceasefire By Alexander Cornwell, Jana Choukeir and Trevor Hunnicutt TEL AVIV/DUBAI/WASHINGTON, March 20 (Reuters) - Iran attacke...Reuters
an hour ago
Serbia to cut excise duties on crude oil, President Vucic says
BELGRADE, March 20 (Reuters) - Serbia will cut excise duties on crude oil to calm the local market and offset the effects of the Israeli-U.S. war on Iran, country's President Aleksandar Vucic said on Friday."We will do it even at the cost of losing (state) revenues," Vucic told a news co...Reuters
an hour ago
Asian LNG benchmark near 3-year peak after Iran attack reduces Qatar LNG export capacity, Platts says
SINGAPORE, March 20 (Reuters) - The Japan-Korea-Marker (JKM), widely used as an Asian LNG benchmark, was at $22.732 per million British thermal units (mmBtu) on Friday, after Iran attacks knocked out 17% of Qatar's export capacity, Platts, part of S&P Global Energy, told Reuters.While the pr...Reuters
2 hours ago
Italy in talks with U.S., Azerbaijan, Algeria to offset loss of gas from Qatar
By Elvira Pollina MILAN, March 20 (Reuters) - Italy is talking to several countries, including the United States, Azerbaijan and Algeria, to secure gas supplies now that Iranian strikes on Qatar appear to have halted its exports for an extended period, Energy Minister Gilberto Pichetto Fratin sai...Reuters
2 hours ago
Oil up despite efforts by US, allies to boost supply and open Strait of Hormuz
European nations, Japan willing to help secure Strait of HormuzUS weighs further SPR releaseKuwait said oil refinery attacked overnightBy Anna Hirtenstein LONDON, March 20 (Reuters) - Oil prices gained on Friday despite leading European nations, Japan and Canada offering to join efforts to secure...Reuters
2 hours ago
NORDIC POWER-Forward prices tick down on wet weather outlook
March 20 (Reuters) - Nordic forward power prices ticked down on Friday, pressured by forecasts for precipitation in the hydropower-dependent region, while range-bound in the European gas market and tighter water reserves prevented further downside. Nordic front-quarter baseload power contract 0#NSBL...Reuters
2 hours ago
Asian LNG benchmark near 3-year top after Iran attack removes Qatar LNG export capacity-Platts
SINGAPORE, March 20 (Reuters) - The Japan-Korea-Marker (JKM), widely used as an Asian LNG benchmark, was at $22.732 per million British thermal units (mmBtu) on Friday, after Iran attacks knocked out 17% of Qatar's export capacity, Platts, part of S&P Global Energy, told Reuters.While the pr...Reuters
2 hours ago
