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Search resuls for: "Daksh Grover"


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SummaryCompanies Safe-haven buying pushes up goldFocus on Fed Chair Jerome Powell's speech on ThursdayOct 18 (Reuters) - Gold rose to a more than two-month peak on Wednesday as the escalating conflict in the Middle East sent investors flocking towards the safe-haven metal. Spot gold increased 1% to $1,950.67 per ounce by 2:48 p.m. "Gold could breach $2,000 in the near-term if there is an escalation of geopolitical conflict. "Gold will pull back if the Middle East situation simmers down, but right now the market place is expecting a further escalation," said Jim Wyckoff, senior analyst at Kitco Metals. Spot silver rose 0.2% to $22.87, platinum fell 1.4% to $884.89 and palladium fell 1% to $1,132.61.
Persons: Jerome Powell's, Ryan McIntyre, Jim Wyckoff, Fawad, Ole Hansen, Ashitha, Daksh Grover, Sharon Singleton, Shilpi Majumdar, Shailesh Organizations: East, Sprott Asset Management, Graphics, Kitco Metals, City, Reuters Graphics Reuters, Federal, Saxo Bank, Thomson Locations: Gaza City, Bengaluru
US fines Texas oil company Callon Permian over emissions
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +1 min
July 13 (Reuters) - The U.S. Environmental Protection Agency (EPA) on Thursday said Callon Permian LLC was fined $1.3 million for excess emissions from tanks, flares and other equipment at company's oil and gas facilities in the West Texas Permian Basin. The EPA said it identified emissions using a helicopter equipped with a special infrared camera that detects hydrocarbon leaks. The company failed to comply with requirements for flares, tanks, and combustors as well as general requirements of the federally approved Texas State Implementation Plan, the EPA said. Callon will perform corrective actions at 13 of its oil and gas facilities in the West Texas Permian Basin, resulting in an estimated reduction of over 1.2 million pounds of volatile organic compound (VOCs) emissions, the agency said. Reporting by Daksh Grover and Rahul Paswan in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Callon, VOCs, Daksh Grover, Rahul Paswan, David Gregorio Our Organizations: Environmental Protection Agency, EPA, Thomson Locations: West Texas, Texas, Bengaluru
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