HOUSTON (Reuters) – The United States became the top liquefied natural gas (LNG) exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country increased supply to Europe amid the Ukraine crisis. U.S. LNG exports rose 12% to average 11.2 billion cubic feet per day (bcfd) …
U.S. becomes top LNG exporter in first half of 2022 – EIA Read More »
(Reuters) -Russia’s attack on the Ukrainian port of Odesa casts doubt on a grain deal, the White House said Monday, adding that the United States would continue to explore options with the international community to increase Ukraine exports through overland routes. The announcement comes after the Kremlin said it did not expect the Saturday missile …
Russian strike on Odesa port casts doubt on grain deal -White House Read More »
WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale of advanced medium-range air-to-air missiles and related equipment to Japan for an estimated cost of $293 million, the Pentagon said on Monday. (Reporting by Eric Beech; Editing by Leslie Adler)
By Jonathan Stempel NEW YORK (Reuters) -A federal appeals court on Monday rejected Pfizer Inc’s challenge to a U.S. anti-kickback law the drugmaker said prevented it from helping heart failure patients, many with low incomes, afford medicine that cost $225,000 per year. A unanimous three-judge panel of the New York-based 2nd U.S. Circuit Court of …
Pfizer loses U.S. appeal over co-pays for heart failure patients Read More »
By Kate Abnett BRUSSELS (Reuters) – European Union countries are seeking to soften the bloc’s plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from its main gas supplier Russia. The European Commission proposed last week that the 27 EU member states each cut their gas use …
EU countries rewrite plan to cut gas demand, seek carve-outs Read More »
By Mohi Narayan, Laura Sanicola and Shadia Nasralla (Reuters) – A sudden crash in global gasoline prices in the past two weeks has dented refiners’ profits, pushing up inventories in key trading hubs around the world while looming exports from China and India also add to pressure on growing stockpiles. Refiners will be forced to …
Global gasoline cracks collapse, blow to refiners’ profits Read More »
MOSCOW (Reuters) -The Russian rouble weakened in jittery Moscow trade on Monday, adjusting to the central bank’s decision to slash interest rates on Friday, and as a rouble-supportive tax-payment period reaches its peak. By 0904 GMT, the rouble was 0.7% weaker against the dollar at 57.64 , earlier dropping more than 1% on the day …
Russian rouble weakens as market takes stock of rate cut Read More »
ROME (Reuters) – Italy is preparing a new stimulus decree worth up to 13 billion euros ($13.3 billion) to help families and firms deal with a surge in electricity, gas and petrol costs, deputy Economy Minister Laura Castelli said on Monday. The new scheme, which comes on top of some 33 billion euros already budgeted …
Italy preparing stimulus package worth up to $13.3 billion – Treasury official Read More »
(Reuters) – The European Central Bank (ECB) may not be done with big interest rate hikes after its initial half-point hike last week, Latvian central bank governor Martins Kazaks said in an interview with Bloomberg News. “I would not say that this was the only front-loading,” the report said, quoting Kazaks. “I would say that …
ECB’s Kazaks says big hikes may not be over after July move – Bloomberg Read More »
By Jake Spring SAO PAULO (Reuters) – Brazilian police allege an Italian refiner purchased gold from a trader sourcing it illegally in the Amazon rainforest region, according to police documents, and corporate disclosures show that refiner has supplied the precious metal to four of the world’s largest tech companies. Public filings by Amazon.com, Apple, Microsoft …
Illegal Brazil gold tied to Italian refiner and Big Tech customers -documents Read More »
