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China's exports gain steam though outlook remains uncertain

China’s exports gain steam though outlook remains uncertain

China July exports grow at faster pace, beat forecast Imports again disappoint, highlighting weak domestic demand Trade balance hit record high in July Weak foreign demand adds stress to trade, economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its …

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Australia's Viva Energy presses state to approve LNG import terminal

Australia’s Viva Energy presses state to approve LNG import terminal

Logo of refiner and fuel distributor Viva Energy, is pictured in Corio, Victoria, Australia, June 28, 2020. REUTERS/Sonali Paul/File Photo Register now for FREE unlimited access to Reuters.com Register MELBOURNE, Aug 5 (Reuters) – Viva Energy (VEA.AX) on Friday urged an Australian state panel to let it to build a floating gas import terminal to …

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Factbox: Energy crisis revives nuclear power plans globally

Factbox: Energy crisis revives nuclear power plans globally

FILE PHOTO – Clouds are seen over the cooling tower of the nuclear power plant Isar 2 by the river Isar amid the energy crisis caused by Russia’s invasion of Ukraine, in Eschenbach near Landshut, Germany, August 1, 2022. REUTERS/Ayhan Uyanik Register now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Amid …

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Column: U.S. power producers are consuming near-record volumes of gas

Column: U.S. power producers are consuming near-record volumes of gas

LONDON, Aug 2 (Reuters) – Record U.S. electricity consumption is driving near-record combustion of gas by power generators, ensuring gas inventories remain under pressure and prices remain high. In common with other parts of the U.S. economy, growth in gas production and the electricity supply has not kept pace with growth in demand after the …

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U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

High prices, margins lift majors to best quarters in history Exxon earnings surpass previous record set in 2012 July 29 (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for …

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Sakhalin Energy wants LNG buyers to pay via Moscow-based bank, change currency

Sakhalin Energy wants LNG buyers to pay via Moscow-based bank, change currency

A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021. REUTERS/Vladimir Soldatkin Register now for FREE unlimited access to Reuters.com Register TOKYO, July 29 (Reuters) – Russia’s Sakhalin Energy Investment Co has asked its liquefied …

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Column: China lifts exports as West runs short of lead and zinc

Column: China lifts exports as West runs short of lead and zinc

LONDON, July 28 (Reuters) – China’s historical lead and zinc trading patterns were upended in the first half of this year as imports collapsed and exports surged. The country flipped to being a net exporter of refined zinc in April-June for the first time since 2014. Year-to-date refined lead exports are the highest since 2007. …

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