News
Important Only
Masdar weighs buying stake in TotalEnergies' Portuguese renewables, sources say
By Andres Gonzalez and Pietro Lombardi LONDON/MADRID, March 21(Reuters) - Abu Dhabi renewable energy company Masdar is exploring the acquisition of a stake in French oil major TotalEnergies' TTEF.PA Portuguese renewables assets, three people with knowledge of the matter told Reuters. Any deal...Reuters
4 minutes ago
Aviation insurers look set for negligible losses from Heathrow disruption
By Michael Jones, George Abbott March 21 - (The Insurer) - Aviation insurers are likely to avoid significant insured losses from the closure of Heathrow Airport that has caused widespread disruption today, according to three senior aviation market sources. Cause of fire unknown; UK E...Reuters
6 minutes ago
Russia and Ukraine accuse each other of blowing up Russian gas pumping station
Gas pumping station in Russia goes up in flames Video shows explosion before big fire erupts Russia and Ukraine accuse each other Incident a blow to proposed moratorium on energy attacks By Dmitry Antonov and Andrew OsbornMOSCOW, March 21 (Reuters) - Russia and Ukraine accused each other on Friday ...Reuters
8 minutes ago
Polish cabinet approves liberalisation of wind farm rules
WARSAW, March 21 (Reuters) - The Polish government has approved on Friday draft legislation easing rules to build onshore wind farms, a key step in delivering a 2023 election pledge to boost power production from renewable energy sources.The new rules, which need to be approved by parliament, cut th...Reuters
9 minutes ago
NORDIC POWER-Front-quarter set for second straight weekly gain on forecasts of drier weather
March 21 (Reuters) - Nordic front quarter prices rose on Friday and were set for a second successive weekly gain, driven by forecasts of drier weather in the hydropower-reliant region and gains in the German power markets.* The Nordic front-quarter baseload power contract ENOFBLQc1 rose 0.15 euros t...Reuters
15 minutes ago
EXCLUSIVE-India's $23 bln plan to rival China factories to lapse after it disappoints
India issued less than 8% of funds allocated for manufacturing incentives as of Oct. 2024 - govt document Delhi will not expand plan or extend deadlines for participating companiesMobile-phone and pharmaceuticals production bright spots while other sectors disappointDelhi mulls new plan to help firm...Reuters
22 minutes ago
Heathrow shutdown raises concerns over contingency planning
Travel consultant estimates cost of closure at $26 million a dayAirport handles around 1,300 flights a dayMinister says government is looking at any lessons for infrastructureBy Joanna Plucinska and Tim Hepher LONDON, March 21 (Reuters) - The closure of Britain's Heathrow Airport is set to af...Reuters
25 minutes ago
GRAINS-Wheat stays near one-week low on stronger dollar, dismal demand
Strengthening dollar adds pressure on agricultural commoditiesLack of demand for U.S. cargoes adds pressure on pricesBy Naveen Thukral and Sybille de La Hamaide SINGAPORE/PARIS, March 21 (Reuters) - Chicago wheat was hovering close to a one-week low on Friday as the market continued to face press...Reuters
30 minutes ago
'I need to be home': stranded Heathrow passengers separated from loved ones
Fire at electrical substation causes Heathrow shutdownThousands of travellers face days of disruptionsAirlines advise passengers to avoid HeathrowGlobal flight schedules affected, incoming flights rerouted By Catarina Demony LONDON, March 21 (Reuters) - Thousands of travellers stranded by a huge ...Reuters
43 minutes ago
RPT-Hungary gets waiver extension from U.S. for gas payments to Russia, foreign minister says
ANKARA, March 21 (Reuters) - Hungary has received an extension from the United States to a sanctions waiver allowing it to make gas payments to Russia, Hungarian Foreign Minister Peter Szijjarto said on Friday. Washington last year imposed new sanctions on Russia's Gazprombank, one of the countr...Reuters
45 minutes ago
Malaysia Airlines parent to buy 30 Boeing 737 MAX jets, aims to modernise fleet
MAG to buy 18 Boeing 737 MAX 8, 12 MAX 10 jetsMalaysia Airlines modernising aging fleet after safety concerns Group to consider option for 30 more jets depending on market conditionsBy Ashley Tang KUALA LUMPUR, March 21 (Reuters) - Malaysia Aviation Group, the parent company of Malaysia Airlines,...Reuters
47 minutes ago
Hungary gets waiver extension from U.S. for gas payments to Russia, foreign minister says
ANKARA, March 21 (Reuters) - Hungary has received an extension from the United States to a sanctions waiver allowing it to make gas payments to Russia, Hungarian Foreign Minister Peter Szijjarto said on Friday. Washington last year imposed new sanctions on Russia's Gazprombank, one of the countr...Reuters
57 minutes ago
Global flight turmoil as London's Heathrow closed by huge fire
Heathrow to be closed all of FridayFlights diverted around the world Fire at substation now outIndustry, experts ask how it could have happenedFollow Reuters Live for latest developmentsBy Kate Holton, Ben Makori and Sarah Young LONDON, March 21 (Reuters) - Britain's Heathrow Airport was shut...Reuters
an hour ago
RPT-COLUMN-By the numbers: Stacking up US farm imports and exports -Braun
By Karen Braun NAPERVILLE, Illinois, March 20 (Reuters) - Food. It has unfortunately been used as a pawn in past and present trade disputes given its essentiality to human life.U.S. President Donald Trump earlier this month suggested that American farmers are hurt by agricultural imports and that...Reuters
an hour ago
New US sanctions to slow but not stop China's Iranian oil imports, traders say
Sanctions target Shouguang Luqing Petrochemical and tankers, raising shipping costsChinese traders expect workarounds to maintain some Iranian oil importsChina opposes sanctions, pledges to protect its enterprises' rightsBy Chen Aizhu and Florence Tan SINGAPORE, March 21 (Reuters) - Iranian o...Reuters
an hour ago
METALS-Copper falls on stronger dollar, Comex premium near record high
By Polina Devitt LONDON, March 21 (Reuters) - Copper prices fell on Friday under pressure from a stronger dollar, while mounting worries that the United States may impose new import tariffs on the metal kept the New York futures premium over the London price near the record high.Benchmark three-m...Reuters
2 hours ago
PRECIOUS-Gold retreats on firm US dollar, set for third weekly gain
Gold hit record high of $3,057.21 per ounce on ThursdaySilver, platinum, palladium poised for weekly declinesETP demand could continue to lead gold prices higher- analystBy Rahul Paswan March 21 (Reuters) - Gold prices retreated on Friday as the dollar firmed and investors booked profits after bu...Reuters
2 hours ago
German finance ministry says further travel is prohibited for Russian 'shadow fleet' tanker
BERLIN, March 21 (Reuters) - A German finance ministry spokesperson said on Friday that further travel is prohibited for a decrepit tanker off the country's Baltic coast believed to be part of a shadow fleet used by Russia to circumvent oil sanctions."The customs measures have not yet been f...Reuters
2 hours ago
Oil heads towards second consecutive weekly gain on supply concerns
Benchmarks set for biggest weekly gains since early JanuaryUS sanctions aim to curb Iranian oil exportsPrices also supported by latest OPEC+ production plans By Enes Tunagur LONDON, March 21 (Reuters) - Oil prices fell slightly on Friday but were heading for a second consecutive weekly gain as fr...Reuters
2 hours ago
Russian military accuses Ukrainian army of blowing up Sudzha gas facility during Kursk retreat
MOSCOW, March 21 (Reuters) - Russia's Defence Ministry on Friday accused Ukraine of blowing up a major Russian gas pumping and metering station near the Ukrainian border as Ukrainian forces retreated from the Kursk region, parts of which they had held since August last year. The ministry said th...Reuters
2 hours ago
Kazakhstan daily oil output hit record high in March, industry sources say
MOSCOW, March 21 (Reuters) - Kazakhstan's oil output has reached a record high this month on the back of oilfield expansion, further exceeding OPEC+ production quotas, two industry sources said and Reuters calculations showed on Friday.The country has repeatedly exceeded its OPEC+ quotas in rece...Reuters
2 hours ago
U.S. nuclear power plant outages
March 21 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
2 hours ago
Activist Elliott meets BP investors to discuss more changes, sources say
Elliott, some investors want deeper change at BP, sources sayCost cuts, potential board change among options, sources sayBP says it has received 'widespread support' from investorsBy Sarah McFarlane and Shadia Nasralla March 21(Reuters) - Activist investor Elliott Management has met sever...Reuters
2 hours ago