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Solar giant illuminates China's overcapacity bind

BREAKINGVIEWS-Solar giant illuminates China's overcapacity bind The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add topic codes. By Katrina Hamlin HONG KONG, July 16 (Reuters Breakingviews) - The predicament of solar panel giant Longi Green Energy Technology 601012.SS suggests China risks repeating an investment boom and bust cycle that culminated in the European Union and the United States slapping anti-dumping duties on the world's second-largest
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Aluminium prices under pressure, but brighter prospects on the horizon

LMEWEEK-Aluminium prices under pressure, but brighter prospects on the horizon By Siyi Liu and Mai Nguyen HONG KONG, June 24 (Reuters) - Weak global manufacturing has hit aluminium prices, but the impact is likely to be short-lived as the physical market is tight, including in top consumer China. A deficit in top producer China - expected to produce 42.5 million metric tons, close to its 45 million ton capacity - and short supplies of feedstocks bauxite and alumina are expected to push aluminium
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UK Stocks-Factors to watch on June 19

UPDATE 1-UK Stocks-Factors to watch on June 19 Updates futures, adds news items June 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.07%. * INFLATION: British inflation returned to its 2% target in May for the first time in nearly three years, data showed, but underlying price pressures remained strong, meaning the Bank of England is likely to wait longer before cutting interest rates.
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UK Stocks-Factors to watch on June 19

UK Stocks-Factors to watch on June 19 June 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.15%. * ANGLO AMERICAN: Anglo American's AAL.L copper output at its Los Bronces mine in Chile is expected to fall nearly a third from average historical levels next year as the miner pauses a processing plant for maintenance, the company's Chile head said.
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Europe Gasoline/Naphtha-Gasoline margins rebound

Europe Gasoline/Naphtha-Gasoline margins rebound LONDON, June 18 (Reuters) - Northwest European gasoline refining margins rebounded on Tuesday, gaining $1.62 to $12.30 a barrel, while liquidity in the Argus barges market remained low. No barges of Eurobob E10 or Eurobob E5 traded on Tuesday. On Monday, just one E5 barge had traded. Shell SHEL.L closed a 56,300 barrel per day (bpd) hydrocracking unit at its Pernis oil refinery in the Netherlands on Tuesday June 18, consultancy Wood Mackenzie repo
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Asia spot prices gain on hot weather, Australia facility outage

GLOBAL LNG-Asia spot prices gain on hot weather, Australia facility outage By Emily Chow SINGAPORE, June 14 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose to a six-month top this week, on the back of cooling demand in India, higher forecast temperatures in northeast Asia and suspended production at an Australian gas facility. The average LNG price for July delivery into north-east Asia LNG-AS was at $12.60 per million British thermal units (mmBtu), its highest levels since Decemb
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Singapore offers carbon tax rebates for refiners near term, sources say

CORRECTED-RPT-EXCLUSIVE-Singapore offers carbon tax rebates for refiners near term, sources say Corrects carbon tax currency to Singapore dollars, not U.S. dollars, in paragraph 3, 4, 5, 6 and 7 By Trixie Yap and Chen Aizhu SINGAPORE, June 13 (Reuters) - Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals elsewhere, four sources familiar with the matter said
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Singapore offers carbon tax rebates for refiners near term, sources say

CORRECTED-EXCLUSIVE-Singapore offers carbon tax rebates for refiners near term, sources say Corrects carbon tax currency to Singapore dollars, not U.S. dollars, in paragraph 3, 4, 5, 6 and 7 By Trixie Yap and Chen Aizhu SINGAPORE, June 13 (Reuters) - Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals elsewhere, four sources familiar with the matter said.
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Entergy, NextEra to jointly develop 4.5 GW of energy storage projects

Entergy, NextEra to jointly develop 4.5 GW of energy storage projects June 7 (Reuters) - Utility firm Entergy ETR.N and a unit of NextEra Energy NEE.N on Friday entered into an agreement to develop up to 4.5 gigawatts (GW)of new solar and energy storage projects. The five-year agreement will help Entergy provide renewable energy to more than 3 million customers in Arkansas, Louisiana, Mississippi and Texas, the company said in a statement.
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Consortia target Citgo's Texas refinery as auction deadline looms, sources say

EXCLUSIVE-Consortia target Citgo's Texas refinery as auction deadline looms, sources say Plant called 'major asset' due to access to docks, storage Corpus Christi site is adjacent to a Koch Industries refinery Plant has potential to expand gasoline, diesel exports By Marianna Parraga HOUSTON, June 5 (Reuters) - Citgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a potential breakout candidate ahead of next week's court auction to pay over $20 billio
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TotalEnergies, APA to make investment decision in Suriname in Q4

UPDATE 1-TotalEnergies, APA to make investment decision in Suriname in Q4 Adds context, quotes June 5 (Reuters) - TotalEnergies TTEF.PA and APA Corp APA.O will make a final investment decision on Suriname's most promising oil and gas project in the fourth quarter, aiming to begin output in 2028, the French energy company said on Wednesday. Its $9 billion project is closely watched as it will be Suriname's first commercial offshore development.
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Why does OPEC+ often clash over oil production capacity?

EXPLAINER-Why does OPEC+ often clash over oil production capacity? Factbox : What is OPEC+ and how does it affect oil prices? Explainer : What OPEC+ oil output cuts are currently in place? For graphics on OPEC+ changes to reference production: https://tmsnrt.rs/3SOSKsV https://tmsnrt.rs/3MVSFjq By Ahmad Ghaddar LONDON, May 28 (Reuters) - OPEC+ is working to agree oil production capacity for its member countries by the end of 2024, an issue that has created tensions in the past because each natio
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Texas power prices soar ahead of record-breaking Memorial Day weekend

Texas power prices soar ahead of record-breaking Memorial Day weekend By Scott DiSavino May 24 (Reuters) - Power prices in Texas soared for Friday with electric demand expected to break the record for the month of May for a second time this week, ahead of the long U.S. Memorial Day weekend as homes and businesses crank up air conditioners to escape a heat wave.
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Texas power demand to break May record in heat wave on Friday

UPDATE 1-Texas power demand to break May record in heat wave on Friday Adds details about power plant outage in paragraphs 10-12 By Scott DiSavino May 23 (Reuters) - Power use in Texas was on track to break the record for the month of May on Friday for a second time this week and could top that again over the Memorial Day weekend as homes and businesses crank up air conditioners to escape a heat wave.
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Verisk Analytics Says Pricing Of An Offering Of $600 Mln Of 5.250% Senior Notes Due 2034

BRIEF-Verisk Analytics Says Pricing Of An Offering Of $600 Mln Of 5.250% Senior Notes Due 2034 May 21 (Reuters) - Verisk Analytics Inc VRSK.O : VERISK ANALYTICS, INC. PRICES OFFERING OF SENIOR NOTES PRICING OF AN OFFERING OF $600 MILLION OF 5.250% SENIOR NOTES DUE 2034 Source text for Eikon: ID:nGNX9gPJWn Further company coverage: VRSK.O
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Verisk Analytics Inc Files For Senior Notes Offering Size Not Disclosed- SEC Filing

BRIEF-Verisk Analytics Inc Files For Senior Notes Offering Size Not Disclosed- SEC Filing May 21 (Reuters) - Verisk Analytics Inc VRSK.O : VERISK ANALYTICS INC FILES FOR SENIOR NOTES OFFERING; SIZE NOT DISCLOSED- SEC FILING Source text for Eikon: [ID:n0001193125-24-143385] Further company coverage: VRSK.O
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Indonesia's state utility PLN sees gas demand doubling by 2040

CORRECTED-UPDATE 1-Indonesia's state utility PLN sees gas demand doubling by 2040 Corrects full name of PLN to Perusahaan Listrik Negara, not Perusahaan Gas Negara, in paragraph 2 Gas demand seen rising to at least 2.3 trillion BTU in 2040 LNG is seen making up larger portion of gas supply to PLN PLN's LNG demand seen at 82-84 cargoes in 2024 By Fransiska Nangoy and Bernadette Christina TANGERANG, Indonesia, May 15 (Reuters) - Indonesia's state power utility expects its natural gas demand to nea
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Indonesia's state utility PLN sees gas demand doubling by 2040

CORRECTED-Indonesia's state utility PLN sees gas demand doubling by 2040 Corrects full name of PLN to Perusahaan Listrik Negara, not Perusahaan Gas Negara, in paragraph 2 By Fransiska Nangoy and Bernadette Christina TANGERANG, Indonesia, May 15 (Reuters) - Indonesia's state power utility expects its natural gas demand to nearly double by 2040 as it aims to build 20 gigawatt (GW) of gas-fired power plants, a company official said on Wednesday, in the quest to reach net zero emissions by 2060. Per
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Biden hikes US tariffs on Chinese imports

QUOTES-Biden hikes US tariffs on Chinese imports Adds comment from trade group May 14 (Reuters) - U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products. Following are reactions to the move. AMERICANS FOR FREE TRADE, A COALITION OF BUSINESS ASSOCIATIONS THAT OPPOSE TARIFFS "Throughout this process, USTR received hundreds of comments from businesses large and small that have
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Biden hikes US tariffs on Chinese imports

QUOTES-Biden hikes US tariffs on Chinese imports Adds comments on impact on U.S. solar industry from Wood Mackenzine, Rystad Energy May 14 (Reuters) - U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products. Following are reactions to the move.
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