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January 27, 2022

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Column: Commodity prices likely to be hit by slowdown before end of 2023: Kemp

Reuters
An employee works near a mixer of fused aluminium in Krasnoyarsk, Russia, July 27, 2016. Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 27 (Reuters) – Prices for a wide range of commodities have climbed to their highest level for seven years or more as drillers, miners......

Finland’s UPM sees headwinds from disrupted supply chains

Reuters
HELSINKI, Jan 27 (Reuters) – Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving investors disappointed with its growth expectations for the first half of the year. The pulp, paper and biofuel maker saw its shares sink more than......

Top U.S. oil states vie for carbon capture oversight to speed up permits

Reuters
Jan 26 (Reuters) – Top U.S. oil-producing states are trying to wrest oversight of carbon capture wells from federal regulators, hoping to speed the oil industry’s preferred approach to combating climate warming amid calls for limits on fossil fuel production. Companies are proposing carbon capture and storage (CCS) hubs to......

Blinken says U.S. responds to Russia’s demands, seeks dialogue

Reuters
U.S. ambassador delivers reply to Russian Foreign Ministry Kremlin: personal sanctions on Putin would not harm him Russia keeps up pressure with land and sea exercises Four-way talks on east Ukraine drag on in Paris MOSCOW/WASHINGTON, Jan 26 (Reuters) – The United States delivered written replies on Wednesday to sweeping......

Italian CEOs’ Putin call exposes European discord

Reuters
Russian President Vladimir Putin speaks over the phone with Turkish President Tayyip Erdogan while he inspects the work on the Turkish Stream gas pipeline project aboard the Pioneering Spirit pipeline-laying ship in the Black Sea near Anapa, Russia, June 23, 2017. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS Register now for FREE unlimited......

Biden warns Putin with sanctions as West steps up Ukraine defenses

Reuters
Tensions high after Russia masses troops near Ukraine Biden threatens sanctions on Putin if there is an invasion U.S., others discuss ways to protect energy supplies WASHINGTON/MOSCOW, Jan 25 (Reuters) – U.S. President Joe Biden said on Tuesday he would consider personal sanctions on President Vladimir Putin if Russia invades......

Column: China slashing crude stockpiling ends oil demand growth driver: Russell

Reuters
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register LAUNCESTON, Australia, Jan 25 (Reuters) – China’s stockpiling of crude oil ground to almost a halt in 2021, reversing years......

Talks between oil companies, U.S. union intensify as deadline nears

Reuters
General view of the Marathon petroleum refinery in Carson, California, U.S., December 5, 2019. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to Reuters.com Register HOUSTON, Jan 24 (Reuters) – Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United......

Oil falls 2% as Fed rate hike talk spooks risk markets

Reuters
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson Register now for FREE unlimited access to Reuters.com Register Barclays raises 2022 oil price view by $5 a......

Olympics China warns of air pollution risk during Beijing Winter Games

Reuters
BEIJING, Jan 24 (Reuters) – Chinese authorities will take action against polluters to ensure next month’s Winter Olympics will be held in a “good environment”, an environment ministry spokesman said on Monday, as particularly heavy smog shrouded the capital, Beijing. The Feb. 4-20 Games will be held in Beijing and......

South32 warns of labour issues from pandemic as quarterly coking coal output falls

Reuters
The logo of Australian miner South32 can be seen at the venue of a media conference in Perth, Western Australia, November 18, 2015. REUTERS/David Gray Register now for FREE unlimited access to Reuters.com Register Jan 24 (Reuters) – Australia’s South32 Ltd (S32.AX) on Monday warned of potential impact from workforce......

Thai PM to visit Saudi Arabia as diplomatic relations thaw

Reuters
Thailand’s Prime Minister Prayuth Chan-ocha attends a family photo session with new cabinet ministers (not pictured) at the Government House in Bangkok, Thailand, March 30, 2021. REUTERS/Athit Perawongmetha/File Photo Register now for FREE unlimited access to Reuters.com Register RIYADH, Jan 23 (Reuters) – Thailand’s prime minister will visit Saudi Arabia......

Eastward Yamal gas flows from Germany to Poland remain steady

Reuters
A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Jan 23 (Reuters) – Gas flows from Germany to Poland via the......

Germany mulls scrapping energy bill surcharge early as prices rise

Reuters
A gas meter is pictured in the cellar of a home in Bad Honnef, near Bonn, Germany, January 4, 2022 as energy costs in the EU reach new levels. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register BERLIN, Jan 22 (Reuters) – The German government may scrap......

EXCLUSIVE Vodafone and Iliad in talks to combine Italian units – sources

Reuters
LONDON, Jan 22 (Reuters) – Telecom firms Vodafone (VOD.L) and Iliad are in talks to strike a deal in Italy that would combine their respective businesses in a bid to end cut-throat competition in the euro zone’s third-biggest economy, sources familiar with the matter told Reuters. Discussions between the two......

Union faults BP’s proposals in local refinery negotiations

Reuters
An illuminated BP logo is seen at a petrol station in Chester-le-Street, Durham, Britain September 23, 2021. REUTERS/Lee Smith Register now for FREE unlimited access to Reuters.com Register HOUSTON, Jan 21 (Reuters) – The United Steelworkers union (USW) on Friday said proposals by energy giant BP Plc would undermine its......

‘Smells like death’: Peru oil spill clear-up drags on as fishermen count cost

Reuters
LIMA, Jan 21 (Reuters) – Spanish energy firm Repsol (REP.MC) said on Friday a clear-up operation for a major oil spill on the coast near Peru’s capital Lima would take until the end of February, in an environmental incident declared a ‘catastrophe’ by the government. Dead seals, fish and birds......

Siemens Energy, wind division lose $5 bln in value after profit warning

Reuters
The Siemens Gamesa logo is displayed outside the company headquarters in Zumudio, near Bilbao, Spain, November 28, 2017. REUTERS/Vincent West Register now for FREE unlimited access to Reuters.com Register Siemens Gamesa warns of prolonged supply chain issues Siemens Gamesa shares slump as much as 16.2% Siemens Energy shares post biggest......

Oil majors TotalEnergies and Chevron withdraw from Myanmar

Reuters
PARIS, Jan 21 (Reuters) – Oil majors TotalEnergies (TTEF.PA) and Chevron Corp (CVX.N), partners in a major gas project in Myanmar, have decided to withdraw from the country, they said on Friday, citing the worsening humanitarian situation following last year’s coup. Since the February coup, Myanmar security forces have killed......

Indian shares head for sharp weekly losses, Reliance results eyed

Reuters
People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, Jan 21 (Reuters) – Indian shares dropped more than 1% on Friday and were headed for their worst week since late-November, weighed down......

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