[ad_1] Chinese blue chips gain after service sector returns to growth Nikkei up 1.55%, Australia gains 0.87% but Hong Kong falls 10-year U.S. Treasury yields reach 1.5940 matching June high…
Tag: CRU
Brazil environment agency frustrates Petrobras plan to drill at the mouth of the Amazon
[ad_1] BRASILIA, March 20 (Reuters) – Brazil’s environmental regulator Ibama has asked oil company Petrobras (PETR4.SA) for additional information on its plan to drill at the mouth of the Amazon…
IPC CEO urges Canada to offer more funding to build carbon capture
[ad_1] March 19 (Reuters) – International Petroleum Corp (IPCO.TO), the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon…
U.S., Canada motorists weigh cuts to spending as gas prices surge to record
[ad_1] ATLANTA, March 8 (Reuters) – At a Kroger (KR.N) station in Atlanta, general contractor L.W. Boyd had two fuel spigots going at the same time – pumping diesel into…
Occidental agrees to sell two Ghana assets for $750 mln
[ad_1] Oct 13 (Reuters) – Occidental Petroleum Corp (OXY.N) agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corp,…
Malaysia’s Petronas posts higher Q4 profit, sees lower oil prices in 2023
[ad_1] KUALA LUMPUR, March 13 (Reuters) – Malaysia’s state oil firm Petroliam Nasional Berhad (PETR.UL) on Monday posted a 55% jump in quarterly profit on higher energy prices and bigger…
Aramco’s Nasser says oil market tightly balanced
[ad_1] DUBAI, March 12 (Reuters) – Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to medium term, adding that he was…
Reactions to Silicon Valley Bank meltdown
[ad_1] March 10 (Reuters) – California banking regulators on Friday closed SVB Financial Group (SIVB.O), the largest bank failure since the financial crisis, moving quickly to protect depositors as a…
SVB exploring sale as crisis triggers global banking rout
[ad_1] U.S., European banks sell off for second day Banks’ bond holdings in focus as central banks hike rates Treasury monitoring developments; investors fear ‘systemic risk’ SVB memo tells employees…