Sierra Club takes on fossil fuels in the US electricity grid
The Sierra Club announced on Tuesday that it is challenging the decision of a U.S. Federal Energy regulator to expedite connecting fossil fuel power stations to major electrical grids…
Glencore reduces Century Aluminum stake from 33% to 33% following tariff-driven rally
Glencore cut its stake in Century Aluminum from 10% to 33%. This has resulted in millions of dollars in profit following the share price rally that was sparked by U.S. Tariffs on Aluminium Imports. On June 4, U.S.
USDA reduces US corn and soybean outlook but farmers will reap record-large corn harvest
Farmers in the United States are expecting to harvest a record corn crop, even though the U.S. Department of Agriculture lowered slightly its forecast on Friday for U.S. soybeans and corn…
Enbridge Approves $1.4b Project to Expand Canadian Crude Pipelines into US
Canadian pipeline operator Enbridge on Friday approved a $1.4 billion expansion of its Mainline and Flanagan South pipelines, adding new capacity for Canadian heavy crude into the U.S.
Enbridge Canada misses its third-quarter profit forecast due to higher capital costs
Enbridge missed its third-quarter profit estimate on Friday due to higher financing costs resulting from capital investments, including U.S. Gas Utility acquisitions. This sent…
DTE Energy increases its five-year budget by 22% for data center power
DTE Energy, a Midwest-based electric utility in the United States, raised its five year capital investment plan on Thursday by $6.5 billion from $36.5 billion. This was due…
BP confirms that the fire at Indiana oil refinery has been extinguished; multiple units are down
The company reported that a fire broke out at BP’s Whiting refinery, which produces 440,000 barrels of oil per day, on Friday morning. Gas prices in some parts of the Midwest skyrocketed after the fire at the U.S.
EIA: U.S. propane stocks well-stocked for winter heating season
U.S. Energy Information Administration reported on Tuesday that the U.S. has a good supply of propane for the winter. The EIA reported that the U.S. inventory of propane for the week ending September 26 was 103…
BP's Whiting refinery, Indiana, continues to flare up days after a severe thunderstorm
BP's Whiting refinery, which produces 440,000 barrels per day, has continued to flare up after flooding disrupted operations earlier this week. In a post on social media, the…
Indiana's BP Refinery restarts following severe flooding
IIR, a monitor of the industry, said that BP's Whiting refinery, which produces 440,000 barrels per day, is in the process to restart after flooding disrupted operations earlier in the week.
Grain trade choppy as US crop tour results are awaited
Chicago soybean and corn contracts were up and down Monday, as traders awaited results from this week's Pro Farmer crop tours in the U.S. Midwest. Wheat futures dipped on technical…
Grain trade choppy as US crop tour results are awaited
Chicago soybean and corn contracts were up and down Monday, as traders awaited results from this week's Pro Farmer crop tours in the U.S. Midwest. Technical selling also pushed wheat futures lower…
GRAINS-Soybeans and corn drop on China demand concerns, US crop tour is awaited
Chicago soybean and corn contracts fell on Monday due to favorable weather conditions in the United States and low export demand, as tensions between China and the U.S. continued. The expectation of a large U.S.
GRAINS - Chicago soybeans and corn fall due to concerns about China's demand, benign U.S. climate
Chicago soybean and corn contracts fell on Monday. The market was pressured by favorable weather in the United States and worries about export demand. Trade tensions between the U.S.
Bloomberg News reports that Orsted, the energy firm, is considering a rights issue of up to 5 billion Euros.
Bloomberg News, citing sources familiar with the situation, reported Friday that Orsted, a Danish energy company, is looking to raise up to 5 billion euros ($5.83billion) through…
Enbridge Sees Demand for More Pipeline Capacity from Canada to US Gulf
Canadian pipeline operator Enbridge said on Friday its recent commercial process to gauge oil shippers' interest in an expansion of its Flanagan South pipeline was oversubscribed…
Grain-Chicago soya beans set to lose weekly due to abundant supply and weak China demand
Chicago soybean futures rose on Friday but were still on course for a second successive weekly decline due to ample global supplies and favourable U.S. climate, as well as weak Chinese demand.
TC Energy increases its core profit forecast for the full year on natural gas and electricity demand
TC Energy, a Canadian pipeline operator, raised its core earnings forecast for the full year adjusted on Thursday due to increased demand for natural gas and electricity and its North America operations.
GRAINS-Soybean Futures extended losses due to favorable US weather and weak demand
Analysts said that Chicago Board of Trade soy futures declined for the fourth session in a row on Wednesday. The decline was attributed to favorable weather conditions across the U.S.
GRAINS-Chicago soyabeans extend losses due to favorable weather and weak demand
Chicago soybean futures dropped on Wednesday due to favourable weather conditions in the U.S. Midwest, and weak demand. By 0338 GMT the most active soybean contract at the Chicago Board of Trade dropped 0.05%…