Asia LNG price could rise on European supply crunch
SINGAPORE, Nov 30 (Reuters): Asia prices of liquefied natural gas could jump to above $20 per million British thermal units (mmBtu) if European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday."That's the near-term dynamic, given this vulnerability of Europe, the lack of spare capacity,...
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China scientists rush to climate-proof potatoes
In a research facility in the northwest of Beijing, molecular biologist Li Jieping and his team harvest a cluster of seven unusually small potatoes, one as tiny as a quail's egg, from a potted plant.Grown under conditions that simulate predictions of higher temperatures at the end of the century, the...
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Asia's crude oil imports nudge higher in November
Asia's imports of crude oil ticked up slightly in November, led by a recovery by top importer China, but arrivals are still on track to be weaker this year than in 2023, reports Reuters.The top crude-buying region is forecast to import 26.42 million barrels per day (bpd) in November, up...
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Heidelberg expands US presence with $600m deal
BERLIN, Nov 30 (Reuters): Heidelberg Materials has struck a deal to buy US-based Giant Cement Holding and its subsidiaries for $600 million, it said on Thursday, the latest acquisition by the German cement maker to expand its foothold in the United States.Heidelberg Materials, the world's second-largest cement maker, and larger...
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Cocoa firms pour money into Ghana to avert more losses
JOHANNESBURG, Nov 30 (Reuters): International buyers of Ghana's cocoa have made at least half a billion dollars of upfront payments to state marketing board Cocobod, according to Reuters' calculations, in a dash to secure supplies and avoid another season of heavy losses.An abrupt overhaul of the three-decade-old marketing system in...
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