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Australia's Lynas signs rare earths deal with South Korea's LS Eco Energy
March 26 (Reuters) - Australia's Lynas Rare Earths LYC.AX said on Thursday it would partner with South Korea's LS Eco Energy 229640.KS for the production of rare earth metals.As part of the agreement, LS Eco Energy plans to get rare earth oxides or rare earth salts from Lynas and turn them i...Reuters
31 minutes ago
CERAWEEK-Nigeria sees more interest from LNG buyers for cargoes, NNPC says
NNPC sees increased LNG demand due to Middle East conflictNigeria LNG can export up to 22 million metric tons annuallyNNPC plans new LNG trains, 12 mtpa project to tap reservesBy Curtis WilliamsHOUSTON, March 25 (Reuters) - Nigeria is seeing stronger demand for its liquefied natural gas cargoes as e...Reuters
44 minutes ago
Lynas Rare Earths To Develop Metal Making Partnership With LS Eco Energy
March 26 (Reuters) - Lynas Rare Earths Ltd LYC.AX:LYNAS TO DEVELOP METAL MAKING PARTNERSHIP WITH LS ECO ENERGYAND LS ECO ENERGY PLAN LONG-TERM METAL PROCESSING ARRANGEMENT IN VIETNAMENTERS FRAMEWORK AGREEMENT WITH LS ECO ENERGY FOR RARE EARTH METALS PARTNERSHIPNEW FACILITY TO ENABLE LYNAS TO SUPPLY ...Reuters
45 minutes ago
US oil prices rise as investors assess Middle East de-escalation
TOKYO, March 26 (Reuters) - U.S. oil prices rose in early trade on Thursday, recovering some of the previous day's losses as investors assessed prospects for de-escalation in the Middle East and Iran reviewed a U.S. proposal to end the war, which has disrupted energy flows from the Gulf.U.S. Wes...Reuters
56 minutes ago
CERAWEEK-Chaos at Houston airport has attendees scrambling as big energy confab winds down
Travelers wait for hours at George Bush Intercontinental AirportSome CERAWeek attendees driving to airports farther awayOthers switch to flights from Houston's William P. Hobby Airport By Amanda Stephenson, Liz Hampton and Nathan CrooksHOUSTON, March 25 (Reuters) - While the most pressing quest...Reuters
59 minutes ago
Australia's Woodside Energy assumes control of Beaumont ammonia facility in Texas
March 26 (Reuters) - Australian oil and gas producer Woodside Energy WDS.AX said on Thursday it assumed operational control of the Beaumont New Ammonia facility in Texas following the completion of performance testing and handover from OCI Global.The facility has capacity to produce and export up to...Reuters
an hour ago
Valero begins restart of Port Arthur, Texas refinery, sources say
HOUSTON, March 25 (Reuters) - Valero Energy Corp VLO.N began restarting its 380,000 barrel-per-day Port Arthur, Texas refinery on Wednesday, two days after an explosion rocked the plant, said people familiar with plant operations.The refinery's 47,000-bpd unit 243 diesel hydrotreater which explo...Reuters
an hour ago
JBS posts flat quarterly profit as US cattle costs pressure margins
SAO PAULO, March 25 (Reuters) - Brazil's JBS JBS.N, the world's largest meatpacker, reported a near-flat fourth-quarter net profit on Wednesday, as record revenue was offset by tighter margins, particularly in its U.S. beef business.The company posted net profit of $415 million for the Octob...Reuters
an hour ago
US Plains HRW Wheat-Basis mostly steady
CHICAGO, March 25 (Reuters) - Basis bids for hard red winter (HRW) wheat were mostly unchanged in a spot check of locations in the southern U.S. Plains on Wednesday. Dry weather in the Southern Plains continues to stress the winter wheat crop. Limited rains are forecast for the region in the coming...Reuters
an hour ago
Australia's Woodside Energy assumes control of Beaumont ammonia facility in Texas
March 26 (Reuters) - Australian oil and gas producer Woodside Energy WDS.AX said on Thursday it assumed operational control of the Beaumont New Ammonia facility in Texas following the completion of performance testing and handover from OCI Global.The facility has capacity to produce and export up to...Reuters
an hour ago
Mexico to announce support measures for trucking industry
MEXICO CITY, March 25 (Reuters) - Mexico's government will roll out measures to support the trucking industry during the morning presidential press conference on Thursday, the economy ministry said on Wednesday.The ministry did not give further detail on the measures. Around 80% of trade, by val...Reuters
2 hours ago
JBS posts stable profit in Q4 despite record revenue
SAO PAULO, March 25 (Reuters) - Brazil's JBS JBS.N, the world's largest meat company, on Wednesday reported a nearly flat fourth-quarter net profit as record revenue failed to offset tighter margins, especially in its U.S. beef business.The Brazilian company posted a net profit of $415 milli...Reuters
2 hours ago
Enerpac Tool Q2 sales beat estimates, driven by strong performance in IT&S segment
OverviewU.S. industrial tools maker's fiscal Q2 sales rose 6%, beating analyst expectationsAdjusted EPS for fiscal Q2 met analyst expectationsEnerpac Tool Group Corp repurchased $51 mln in shares during the quarterOutlookEnerpac Tool sees full-year net sales of $635 mln to $650 mlnCompany expect...Reuters
2 hours ago
CERAWEEK-Nigeria has seen a spike in interest from buyers for its LNG cargoes, NNPC says
HOUSTON, March 25 (Reuters) - Nigeria has seen a spike in interest from buyers for its LNG cargoes as the conflict in the Middle East has created opportunities for the African country because of its location and size of reserves, Nigerian National Petroleum Company EVP Olalekan Ogunleye said Wednesd...Reuters
2 hours ago
US Postal Service seeks temporary 8% price hike to address fuel costs
By David Shepardson WASHINGTON, March 25 (Reuters) - The U.S. Postal Service said on Wednesday it is seeking approval for a temporary 8% price hike for priority mail and package deliveries, effective April 26, to deal with rising transportation fuel costs.The USPS, which needs approval from the ...Reuters
3 hours ago
CERAWEEK-Argentina's energy trade surplus could reach $11 bln this year, Tecpetrol says
HOUSTON, March 25 (Reuters) - Argentina's energy trade surplus could reach $11 billion this year due to high oil and gas prices and an increasing volume of crude oil exports, the chief executive of producer Tecpetrol, Ricardo Markous, said on Wednesday.Analysts and companies had previously estim...Reuters
3 hours ago
TC Energy inks new deals for GasLink expansion
March 25 (Reuters) - TC Energy TRP.TO said on Wednesday that its Coastal GasLink pipeline project has signed commercial agreements with LNG Canada to advance the project's second phase.The agreements mark a key milestone for Coastal GasLink Phase 2, which still requires a final investment decisi...Reuters
3 hours ago
LIVESTOCK-CME cattle mixed in light trading
CHICAGO, March 25 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures traded on both sides of unchanged on Wednesday amid a lack of fresh news as traders continued to eye the cash cattle market and equity markets.CME June live cattle LCM26 settled 0.75 cent lower at 233.85 cents p...Reuters
3 hours ago
Canada's Orezone Q4 revenue rises, gold output drops
OverviewCanada gold miner's Q4 revenue grew yr/yr, gold production fell 17% due to lower head gradesCompany completed Casa Berardi gold mine acquisition after quarter-endOutlookOrezone sees 2026 Bomboré gold production at 160,000-180,000 ozCompany expects 2026 Bomboré AISC at $2,100-$2,300/oz so...Reuters
3 hours ago
