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Urenco CEO: EU's unclear position on Russian nuclear fuel is holding back investment
Urenco CEO says that uncertainty over the European Union's decision to ban Russian nuclear fuel has slowed investment in the uranium industry of 'Europe.' The bloc is yet to make a final ruling on the issue despite its pledge to reduce dependence on Russian energy. The EU has not imposed any import restrictions or bans on Russian nuclear fuel…
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VEGOILS - Palm flattens as El Nino worries counter rising stock levels. Still poised for a second weekly gain
Malaysian palm futures traded at a?tight range on Friday as concerns about El Nino and the impact of higher inventories on production were offset by concerns over a firmer crude oil price. By midday, the benchmark palm oil contract for October delivery at the Bursa Derivatives Exchange had risen 3 ringgit or 0.06% to 4,727 Ringgit ($1,158.01).
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Palm closes down but gains second week despite lower closing.
Malaysian palm futures fell on Friday as higher inventories put pressure on the market. However, it still recorded a second consecutive week of gains. The benchmark palm?contract for?October delivery?on the Bursa Malaysia derivatives Exchange?was down 13 ringgit or 0.28% at $4,711 ringgit (1,153.53) per metric ton by the close.
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Chief economist says India should bring fuel back with lower ethanol blend
A top government advisor has said that India should bring back fuel with a lower blend of ethanol. This is the first time a senior official has called for more fuel options in response to growing consumer anger over a controversial policy change. E20, petrol blended with 20% ethanol, was launched last year.
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US ends summer blend gasoline requirements early in an attempt to lower prices
The Environmental Protection Agency announced on Thursday that the Trump administration will eliminate summer-blend gas?requirements two weeks earlier than normal this year in order to increase the nation's fuel supplies and reduce gas prices. The EPA announced that it will allow 10% ethanol gasoline…
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Scientists say that climate change is causing record temperatures in Europe's oceans.
Scientists warned on Wednesday that climate change caused by humans was the primary cause of recent sea temperatures around Europe.
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Sources say that India is considering limiting duty-free imports of sugar to reduce record prices.
India is considering a range of'measures', including limiting duty-free imports and tightening stockholding limits for bulk traders.
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Palm oil reaches 4-1/2-month high due to El Nino
Malaysian palm oil futures ended at a ?four-and-a-half-month high on Monday, as traders looked past ?near-term consolidation…
Latest news
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SMA Solar: EU restrictions on Chinese solar inverters will boost European suppliers
The European Union's ban on public funding for utility-scale inverters made by "high-risk countries" is set to shift the…
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VEGOILS-Malaysian palm oil rises, tracking Dalian
Malaysian palm oils futures rose Thursday after reversing their losses at midday, following the Dalian exchange's rival edible oils…
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Palm oil drops as crude oil and Dalian palm oil weigh
Malaysian palm oil futures dropped for the second session in a row?on Thursday. Dalian's palmolein prices and crude oil prices weighed on the market…
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Australia commits $1.76 billion to keep Rio Tinto aluminium smelter open
Australia announced on Thursday that it will provide a?A$2.5billion ($1,76billion) to keep Rio Tinto's Tomago aluminum smelter…
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China's fossil fuelled power production falls in July due to a slowdown in electricity generation
Data from the National Bureau of Statistics revealed that China's fossil fuelled?power production fell in July, in line with…
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China's fossil fuelled power production falls in July due to a slowdown in electricity generation
Data from the National Bureau of Statistics revealed that China's fossil fuelled?power production fell in July, in line with…
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Palm resolute in its stance on El Nino
Malaysian palm oil futures traded in a narrow range on Monday as traders priced in the risk that El Nino could disrupt production next year.
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EU aircraft sent to Belgium as it fights record wildfire
After Belgium requested emergency reinforcements, the European Union sent three 'helicopters' and two 'water bomber aircrafts?
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EU aircraft sent to Belgium as it fights record wildfire
Three 'helicopters' and two 'water bomber aircrafts?were deployed by the European Union to tackle a wildfire that was raging…
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India opens its nuclear sector to proven technology from abroad
India proposed on Friday a 'tightly supervised approval regime' for private nuclear energy generation. This would open the…
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The weekend reads: Fed rethinking, EV race and yen rescue
Want to be inspired? Every Friday, Weekend Reads highlights what the Open Interest team has been watching, listening to, and reading.
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Australia commits $1.76 billion to keep Rio Tinto aluminium smelter open
Australia announced on Thursday that it would be providing A$2.5 billion (1.76 billion dollars) to help Rio Tinto keep its?Tomago…
Solar
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Australia reduces the cost of rooftop solar systems for businesses
The Australian government announced on Wednesday that it will reduce the cost of installing rooftop solar panels in factories…
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Morocco will build a $1.5 billion waste to energy plant in Casablanca
The consortium, led by Swiss-Japanese Kanadevia Inova, plans to begin constructing a $1.5billion waste-to energy plant in…
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Ameresco wins new contracts worth $1.8 billion as demand for power remains high
Ameresco announced on Monday that it had added $1.8 billion to its backlog of projects in the second quarter. This is more…
