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US Cash Crude-Grades slightly softer as market weighs Trump talks with Iran
NEW YORK, March 23 (Reuters) - Premiums for U.S. cash crude grades were steady to softer on Monday during the roll-trading period, dealers said, as fears of prolonged supply disruptions eased after President Donald Trump said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on Ira...Reuters
8 minutes ago
California sues US Dept of Energy over Sable oil pipeline restart
By David Thomas March 23 (Reuters) - California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore SOC.N pipeline system linking the Santa Ynez offshore platform to California ref...Reuters
8 minutes ago
CERAWEEK-NextEra secures land in Texas for giant gas plant to power data centers, CEO says
By Laila KearneyHOUSTON, March 23 (Reuters) - NextEra Energy NEE.N has secured land in Texas for a gas-fired plant to power a large data center campus backed by a U.S.-Japan agreement, the company’s CEO said on Monday.The power provider announced last week that the administration of President Donald...Reuters
12 minutes ago
US Plains HRW Wheat-Basis flat as future tick down
CHICAGO, March 23 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in a spot check of locations in the southern U.S. Plains on Monday. Temperatures were extremely warm over the weekend across most of the hard red winter wheat belt in the Plains, according to forecaster Vaisala....Reuters
13 minutes ago
CERAWEEK-NNPC Group CEO says Nigeria can grow production by 100,000 bpd over next few months
By Sheila Dang HOUSTON, March 23 (Reuters) - Nigeria can increase oil production by about 100,000 barrels per day over the next few months, said Bashir Bayo Ojulari, group CEO of Nigerian National Petroleum Company.The country averaged about 1.6 million to 1.7 million barrels per day last year an...Reuters
33 minutes ago
CERAWEEK-NextEra has secured land in Texas for giant gas plant project to power data centers, CEO says
HOUSTON, March 23 (Reuters) - NextEra Energy NEE.N has secured land in Texas for a gas-fired plant to power a large data center campus backed by a U.S.-Japan agreement, the company’s CEO said on Monday.The power provider announced last week that the administration of Donald Trump approved the develo...Reuters
37 minutes ago
CERAWEEK-White House energy adviser says US oil companies are inquiring about additional drilling in Alaska
HOUSTON, March 23 (Reuters) - U.S. oil companies have been inquiring about additional drilling in Alaska, White House energy adviser Jarrod Agen said on the sidelines of the CERAWeek energy conference in Houston on Monday. Agen said there had been several meetings about increasing production in Alas...Reuters
40 minutes ago
US crude oil futures rise over $1 in early Asia trade
March 24 (Reuters) - U.S. crude futures rose more than $1 in early Asia trade on Tuesday as markets assessed the supply outlook after Iran denied holding talks with the United States, contradicting President Donald Trump's earlier claim that discussions were under way.U.S. West Texas Intermediat...Reuters
an hour ago
Union says BP lockout at Indiana oil refinery was unfair, urges return to talks
March 23 (Reuters) - The United Steelworkers said on Monday BP BP.L engaged in unfair labor practices by locking out nearly 800 workers at its Whiting, Indiana, oil refinery, and urged the company to resume contract talks."BP's decision to lock out these skilled workers is unacceptable and u...Reuters
an hour ago
CERAWEEK-Iran war makes second phase of LNG Canada more likely, TC Energy CEO says
TC Energy ready for LNG Canada Phase 2 expansionIran war highlights LNG value bypassing Strait of HormuzCanada aims to be top LNG exporter to Asia, Poirier saysBy Amanda Stephenson HOUSTON, March 23 (Reuters) - The disruption to global liquefied natural gas supplies caused by the Iran war makes i...Reuters
an hour ago
CERAWEEK-NNPC Group CEO says Nigeria can increase production by about 100,000 bpd over next few months
HOUSTON, March 23 (Reuters) - Nigeria can increase production by about 100,000 barrels a day over the next few months, NNPC Group CEO Bashir Bayo Ojulari said on the sidelines of the CERAWeek conference in Houston.“We are building that capacity. Last year we averaged maybe 1.6 or 1.7 million barrels...Reuters
an hour ago
LIVESTOCK-CME cattle futures higher as Wall Street indexes rally
CHICAGO, March 23 (Reuters) - Chicago Mercantile Exchange cattle futures turned higher on Monday as equity markets rallied while traders continued to eye the week's cash trade, analysts said.The three main U.S. stock indexes finished Monday's session up more than 1% as oil prices fell after ...Reuters
an hour ago
CERAWEEK-Shell concerned Iran war will impact long-term confidence in LNG supply
HOUSTON, March 23 (Reuters) - Shell SHEL.L is concerned that the Iran war could impact long-term confidence in the affordability and security of natural gas supplies, said the company's president of integrated gas, Cedric Cremers."These geopolitical shocks...send the wrong signals to custome...Reuters
an hour ago
Boeing Received Approval From FAA For Its New Increased Maximum Takeoff Weight Variants Of The 787-9 And 787-10 Long-Haul Widebodies- The Air Current
March 23 (Reuters) - BOEING RECEIVED APPROVAL FROM FAA FOR ITS NEW INCREASED MAXIMUM TAKEOFF WEIGHT VARIANTS OF THE 787-9 AND 787-10 LONG-HAUL WIDEBODIES- THE AIR CURRENTSource text: [ID:https://tinyurl.com/p472pw7c]Reuters
2 hours ago
California sues US Dept of Energy over Sable oil pipeline restart
March 23 (Reuters) - California Attorney General Rob Bonta on Monday said he has sued the U.S. Department of Energy over its decision to restart the long-disputed Sable Offshore SOC.N pipeline system linking the Santa Ynez offshore platform to California refineries. U.S. Secretary of Energy Chris Wr...Reuters
2 hours ago
USW Says Called On BP To End Its 'Unfair Labor Practices', Reinstate The Locked-Out Workers And Resume Meaningful Negotiations
March 23 (Reuters) - USW- CALLED ON BP TO END ITS 'UNFAIR LABOR PRACTICES', REINSTATE THE LOCKED-OUT WORKERS AND RESUME MEANINGFUL NEGOTIATIONSUSW- UNION REMAINS READY TO NEGOTIATE WITH BPSource text: [ID:https://tinyurl.com/hy4bztmh]Reuters
3 hours ago
Australia, EU push to seal trade deal as Von der Leyen visits
By Renju Jose SYDNEY, March 24 (Reuters) - European Commission President Ursula von der Leyen will meet Australian Prime Minister Anthony Albanese in Canberra on Tuesday as both sides seek to clinch a long-delayed free trade deal following negotiations launched in 2018.The push to revive the deal...Reuters
3 hours ago
CERAWEEK-Freeport-McMoRan confident in copper demand despite Iran conflict, CEO says
CEO does not expect conflict to derail copper demand Calls for Washington to better support miningNo obvious candidate for acquisitionChile seen as 'exciting' investment areaBy Ernest Scheyder HOUSTON, March 23 (Reuters) - Freeport-McMoRan FCX.N expects demand for copper for use in electr...Reuters
3 hours ago
Democratic-led states sue to block Trump administration's USDA funding restrictions
By Nate Raymond BOSTON, March 23 (Reuters) - Several Democratic-led states on Monday sued to block the U.S. Department of Agriculture from withholding tens of billions of dollars in federal funds unless the states comply with U.S. President Donald Trump's policies on immigration enforcement, ...Reuters
3 hours ago
