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Chevron not looking to invest in building US LNG plants, official says

Chevron not looking to invest in building US LNG plants, official says By Curtis Williams HOUSTON, Sept 19 (Reuters) - Chevron CVX.N does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday. The head of Chevron's midstream, Colin Parfitt, also ruled out taking an equity stake in Woodside Energy's WDS.AX impending purchase of Louisiana-based Driftwood LNG.
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US Cash Crude-Mars bounces off one-year lows

US Cash Crude-Mars bounces off one-year lows Sept 19 (Reuters) - U.S. coastal cash crude Mars strengthened on Thursday, dealers said, bouncing off a near one-year low, dealers said. Mars Sour gained 25 cents to a $2,75 premium to U.S. crude prices, after touching a $2.30 discount, its lowest in nearly a year. Production from Chevron's CVX.N newest deepwater Anchor platform will likely flow on Amberjack and Mars pipelines, with the Pascagoula refinery, as well as refineries in St.
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US judges question NLRB's broad protections for worker conduct

US judges question NLRB's broad protections for worker conduct By Daniel Wiessner Sept 19 (Reuters) - U.S. appeals court judges on Thursday suggested that the National Labor Relations Board has for decades defined the type of worker conduct protected by federal labor law too broadly, in a challenge to a recent board ruling that revived a worker-friendly test.
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Catalytic cracker, distillation units at Venezuela's Amuay refinery resume operations, sources say

UPDATE 1-Catalytic cracker, distillation units at Venezuela's Amuay refinery resume operations, sources say Adds detail, background CARACAS, Sept 19 (Reuters) - A catalytic cracker and two distillation units at Venezuela's Amuay refinery, the country's largest, have resumed operations following a power interruption earlier this month, five sources told Reuters this week.
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U.S. STOCKS Children's Place, US energy sector, retailers

BUZZ-U.S. STOCKS ON THE MOVE-Children's Place, US energy sector, retailers Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes soared on Thursday with the S&P 500 and the Dow hitting intraday record highs after the Federal Reserve kicked off its monetary easing cycle with half-a-percentage point reduction and forecast more interest rate cuts were on the hor
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US energy sector rises after US Fed rate cut, Middle East worries

BUZZ-US energy sector rises after US Fed rate cut, Middle East worries ** S&P 500 Energy Sector .SPNY up ~1.9 on rising crude prices ** Brent crude LCoc1 up 1.9% to $75.05/bbl, and U.S. West Texas Intermediate crude CLc1 rises ~2% to $72.29/bbl, after an interest rate cut from the U.S. Fed O/R ** Markets also watched events in the Middle East after
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Sustainable Switch-The worst floods to hit central Europe

Sustainable Switch-The worst floods to hit central Europe Sept 19 - By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello, Today’s newsletter continues to follow the developments from central Europe’s fatal flood. The worst floods to hit central Europe in at least two decades have left a trail of destruction from Romania to Poland and killed at least 22 people.
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Chevron Reports Unplanned Flaring At El Segundo, California Refinery

BRIEF-Chevron Reports Unplanned Flaring At El Segundo, California Refinery Sept 18 (Reuters) - Chevron Corp CVX.N REPORTS UNPLANNED FLARE EVENT AT EL SEGUNDO, CALIFORNIA REFINERY REFINERY CAPACITY: 269,000 BARRELS PER DAY SOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILING
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What to Watch in the Day Ahead - Thursday, September 19

What to Watch in the Day Ahead - Thursday, September 19 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT On the U.S. economic front, the Department of Labor is likely to report that initial claims for state unemployment benefits remained unchanged at 230,000 for the week ended September 14, whil
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U.S. STOCKS United States Steel, Ambac Financial, Apple

BUZZ-U.S. STOCKS ON THE MOVE-United States Steel, Ambac Financial, Apple Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with jitters over the magnitude of the reduction dominating mood.
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US energy sector mixed as market digests US crude data, awaits Fed rates decision

BUZZ-US energy sector mixed as market digests US crude data, awaits Fed rates decision ** S&P 500 Energy Sector .SPNY up 0.5% despite fall in crude prices ** Brent crude LCoc1 down 0.6% to $73.26/bbl, and U.S. West Texas Intermediate crude CLc1 falls ~0.9% to $70.58/bbl, as the market cautiously awaited a rate cut announcement from the Fed while investors digested a mixed crude and fuel storage report out of the U.S.
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North Sea Crude-Forties and Midland trade

North Sea Crude-Forties and Midland trade LONDON, Sept 18 (Reuters) - North Sea Forties and U.S. WTI Midland both traded in Wednesday's North Sea window, with the former trading below Tuesday's levels and the latter slightly higher. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Sustainable Finance Newsletter - Vanguard bullish on proxy votes for the masses

Sustainable Finance Newsletter - Vanguard bullish on proxy votes for the masses By Ross Kerber Sept 18 (Reuters) - Everybody likes to pick on top mutual fund firms about their proxy votes, but asset managers may have a good answer with new programs meant to allow individual investors to influence how the votes are cast. Pennsylvania-based Vanguard has had a pilot of such a program under way and offered a rundown this week about the results so far.
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Joe Biden’s climate law is too valuable to repeal

BREAKINGVIEWS-Joe Biden’s climate law is too valuable to repeal The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Gabriel Rubin WASHINGTON, Sept 18 (Reuters Breakingviews) - Rare is the politician who turns down an invitation to a ribbon-cutting ceremony, especially one that comes with the promise of hundreds of manufacturing jobs.
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U.S. Autozone, Costco Wholesale, Walmart

U.S. RESEARCH ROUNDUP- Autozone, Costco Wholesale, Walmart Sept 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autozone, Costco Wholesale and Walmart, on Wednesday. HIGHLIGHTS * Autozone Inc AZO.N : Evercore ISI raises target price to $3900 from $3350 * Costco Wholesale Corp COST.O : Evercore ISI raises target price to $985 from $925 * Home Depot Inc HD.N : Evercore ISI raises target price to $420 from $400 * Tra
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Natural gas executives, US officials clash over energy policies

Natural gas executives, US officials clash over energy policies By Georgina McCartney and Marianna Parraga HOUSTON, Sept 17 (Reuters) - Energy executives and U.S. government officials on Tuesday clashed at an international energy conference over efforts by President Joe Biden's administration to globally advance clean fuels and geopolitical aims. Top energy executives took to the stage at the GasTech conference in Houston to blast the U.S., saying it lacked a clear policy for achieving its aims
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U.S. STOCKS Teladoc Health, Veritex, New York Community Bancorp

BUZZ-U.S. STOCKS ON THE MOVE- Teladoc Health, Veritex, New York Community Bancorp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Tuesday, with the benchmark S&P 500 close to its intraday record high, as investors awaited a crucial Federal Reserve policy decision and fresh economic data allayed worries of a sharp slowdown in the U.S.
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North Sea Crude-Ekofisk slips, Forties and Midland rise

North Sea Crude-Ekofisk slips, Forties and Midland rise LONDON, Sept 17 (Reuters) - North Sea Ekofisk crude differentials weakened on Tuesday after a trade, while U.S. WTI Midland and Forties were supported by higher bids. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI

UPDATE 1-Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI Wirth defends low-carbon gas over coal for AI energy demands Biden's LNG export pause would hike energy costs, emissions, CEO argues Adds more details from speech from paragraph 3 By Sabrina Valle HOUSTON, Sept 17 (Reuters) - Chevron CVX.N CEO Michael Wirth on Tuesday criticized U.S.
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Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI

Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI By Sabrina Valle HOUSTON, Sept 17 (Reuters) - Chevron CVX.N CEO Michael Wirth on Tuesday criticized U.S. P resident Joe Biden 's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI).
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