Fed hikes key rate, ready to raise further
Fed hikes key rate, ready to raise further Houston, 26 July (Argus) — The US Federal Reserve today lifted its target interest rate by a quarter point, as widely expected, …
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Fed hikes key rate, ready to raise further Houston, 26 July (Argus) — The US Federal Reserve today lifted its target interest rate by a quarter point, as widely expected, …
GM ups 2Q auto volumes on US, China sales Houston, 26 July (Argus) — US automaker General Motors (GM) increased its second quarter sales volumes by 11pc supported by its …
Stellantis NorthAm shipments rise in 2Q Houston, 26 July (Argus) — Global automaker Stellantis increased North American shipments by 7pc in the second quarter. The auto company raised shipments to …
British Columbia bans several foodservice plastics Houston, 26 July (Argus) — The Canadian province of British Columbia (BC) will ban a number of single-use and food service plastics in December …
Argentina's renewables tender draws strong interest Argentina aims to generate a fifth of its power from renewable sources in 2025, writes Lucien Chauvin Montevideo, 26 July (Argus) — Argentina's fi
Quota exhaustion could generate demand for EU HRC London, 26 July (Argus) — The near critical level of the "other countries" EU import quota for hot-rolled coils (HRC) could generate …
Brazil discusses power transmission guarantees Sao Paulo, 24 July (Argus) — Brazilian electricity regulator Aneel is taking public comments on measures to enhance the country's financial insurance me
Petrobras' strategy puts gas in background: Correction Corrects year that the gas law was approved in 4th paragraph. Sao Paulo, 26 July (Argus) — Brazilian state-controlled Petrobras' new business s
French 2023 soft wheat crop pegged at 34.8mn t: Agritel Paris, 26 July (Argus) — France's soft wheat production is due to rise just above average in 2023, but will …
Bunker One supplies B30 at Danish port London, 26 July (Argus) — Danish marine fuel supplier Bunker One has completed a B30 fuel supply to Germany's TUI Cruises at the …
UK start-up eyes large green H2 venture in Mozambique London, 26 July (Argus) — UK-based start-up Jearrard Energy Resources (JER) plans to develop a 12GW "distributed" solar-to-hydrogen venture in In
High Chinese steel exports pose price concern: Tata Mumbai, 26 July (Argus) — Chinese steel exports of around 8mn t/month since March are a cause for concern as they continue …
Indian coal producer Singareni declares force majeure Singapore, 26 July (Argus) — Indian state-controlled coal producer Singareni Collieries (SCCL) has announced a 15-day force majeure across its mi
Japan, Indonesia to collaborate on CO2 injection study Osaka, 26 July (Argus) — Japan's state-owned energy agency Jogmec and the country's upstream firm Japex will work with Indonesian state-controll
Turkey remains a growing import market for polymers London, 26 July (Argus) — Turkey is importing polymers at record levels in 2023, in apparent contrast with the weak market sentiment. …
KRG partially honouring crude supply deal with Baghdad Dubai, 26 July (Argus) — Iraq's semi-autonomous Kurdistan region is supplying refineries in the north of the country with 50,000 b/d of …
Equinor's 2Q profits fall on lower oil, gas prices London, 26 July (Argus) — Norway's state-controlled Equinor posted substantially lower profits in the second quarter, as oil and gas prices …
China's Huayou accelerates nickel plans in Indonesia Beijing, 26 July (Argus) — Major Chinese nickel and cobalt producer Huayou Cobalt will form a subsidiary to produce nickel sulphate in Indonesia,
Japan's Taiyo Oil to build SAF/RD plant in Okinawa Tokyo, 26 July (Argus) — Japanese refiner Taiyo Oil plans to build a 220,000 kilolitre/yr (1.4mn bl/yr) sustainable aviation fuel (SAF) …
Sumitomo, SNOC to study CCS potential in UAE Osaka, 26 July (Argus) — Japanese trading house Sumitomo and the UAE's Sharjah state-owned oil company SNOC are planning to explore the …