Latest News
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Esentia energy approves expansion plan worth $205 million
Esentia Energy, a Mexican 'pipeline operator', announced a board decision on Thursday to approve a $205 million expansion. This will add 295 millions cubic feet of daily gas transport capacity. The Phase II project is part of a five year expansion plan aimed at 660 million cubic ft / per day of capacity additions. It's expected to start commercial operations in the first half of 2028. Details of the project * "Phase 2 is a continuation to our expansion plan, focused on meeting the growing demand for industrial development and data center growth in Central Mexico," CEO Daniel Bustos said. * The project involves installing 'two' new turbocompressors at compression stations located in Chihuahua, and aguascalientes where construction has already begun. Esentia reported that Siemens Energy would make 'additional improvements' to the auxiliary services and other compression sites in the entire system. (Reporting and editing by Kyrry Madry)
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US FAA investigates close call between United Jet and Army helicopter in California
Federal Aviation Administration (FAA) of the United States?said Thursday that it was investigating an incident between a United Airlines plane and a Black Hawk Army helicopter in California. The FAA reported that the 'United Boeing 737-8 jet was on final approach at John Wayne Airport, Orange County, California on?Tuesday - 8:40 p.m., when a Black Hawk flew in front of it. Flightradar24 (a flight tracking website) reported that the planes were 525 feet vertically apart. The FAA also investigates whether or not the incident violated their new policy that prohibits visual separation between helicopters and major airports. United stated that Flight 589 had left?from San Francisco and had been told by air traffic control, to keep an eye out for a military chopper flying near the airport. The pilots saw the helicopter and received a cockpit alert. They then leveled the aircraft and landed it safely. There were 162 passengers on board and six crew members. On Thursday, two U.S. House committees passed legislation to address concerns regarding separation between helicopters & airplanes as well as other issues. After the mid-air collision that resulted in 67 deaths near Reagan Washington National Airport on January 20, 2025, FAA regulations and legislation were passed. In issuing new rules, the FAA cited recent incidents including a "near miss" involving an American Airlines plane and a police helicopter near San Antonio Airport. The helicopter and the aircraft were on convergent courses when the 'helicopter' made a left-hand turn to avoid an American Airlines flight. A Beechcraft 99 cleared to land in Burbank Airport, southern California on March?2, as a helicopter flew through the final approach path. The helicopter turned away from the Beechcraft as the aircraft were on convergent courses. The FAA said that when helicopters are crossing airport arrival or departing paths, air traffic control will use radar to maintain specific vertical and lateral distances between the aircraft. The FAA has restricted helicopter traffic at airports such as Baltimore, Las Vegas, and Washington Dulles after the 2025 accident. (Reporting and editing by Mark Porter, David Gregorio and David Shepardson)
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Europeans press US on Russian support for Iran
The European powers accused Russia on Thursday of assisting Iran in targeting U.S. troops in the Middle East War and said that they would bring the matter up with the U.S. Secretary of State Marco Rubio during a G7 meeting of 'foreign' ministers in France. Rubio will attend the second day gathering of Western Democracies ministers. This is taking place in the midst of wars with Iran and Ukraine, uncertainty over the economy and growing unease about the unpredictable U.S. Foreign Policy under Donald Trump. Two Western security officials and a regional official near Tehran have confirmed that Russia provided satellite imagery to Iran. They also said the country helped Iran upgrade their drones so they could emulate the versions of Russian drones used against Ukraine. Some media outlets have reported that Russia has aided Iran in the conflict between the United States and Israel just as Tehran has aided Moscow in its war against Ukraine. Kaja?Kallas, the European Union's foreign policy chief, told reporters that Russia was helping Iran to use intelligence to target Americans and kill Americans at the G7 summit in Vaux de Cernay Abbey near Paris. "Russia also supports Iran with drones now so they can attack the neighbouring countries as well as the U.S. bases." Playing down concerns Steve Witkoff, U.S. Special Envoy to CNBC earlier this month, said that Russia denied sharing intelligence on U.S. assets with Iran in the Middle East. Witkoff stated that "we can take them at their word." Rubio appeared to downplay the allegations against Moscow before he left for Europe. "I believe Russia is currently focusing on their war. "I don't think I have anything else to say at this time," he added. Two European diplomats, however, said that ministers would be pressing the issue at Friday's meetings. These wars are interconnected. If America wants to end the Middle East war and Iran stop attacking them, then they should also "put pressure on Russia to prevent them from being able to assist them in this", Kallas said. Jean-Noel Barrot, French Minister of Foreign Affairs, echoed these remarks at a press conference. He said: "It's a fact that there has been and continues to be cooperation between Russia and Iran, in both directions. We are well aware of this." "There's a good reason to believe that Russia today is supporting Iran’s efforts, both militarily and otherwise, that appear to be directed in particular against American targets." Washington's partners also hope to gain more clarity about the U.S.-Israeli military operations and whether there is a meaningful diplomatic channel to end the conflict. Since U.S. & Israel attacked Iran on February 28th, Iran has launched attacks against Israel, U.S. base and Gulf States, and effectively blocked Middle East fuel exports through the Strait of Hormuz. In an effort to show Washington that it is serious, France organised a videoconference with 35 militaries around the world on Thursday. It was looking for partners and proposals to launch a mission to open the Strait after the U.S. - Israeli war against Iran. The G7 ministers - Britain Canada France Germany Italy Japan, the U.S. and Britain - are all present at the two-day meeting. (Parisa Hafezi, Humeyra Pauk and Simon Lewis contributed additional reporting from Washington and Dubai; Sudip Kar Gupta edited the story).
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Trump is weighing executive action to ease airport safety snags.
Sources said that if Congress fails to reach a deal to resolve the security staff shortages which have caused airports to be clogged, President Donald Trump may take 'executive action' to pay 50,000 airport'security officers. Homeland Security Department reported that nearly 500 airport security guards have quit since February's partial shutdown. A dispute between Congress and the Transportation Security Administration over funding has forced the Transportation Security Administration to work without pay. Two congressional sources confirmed that Trump was considering various actions to pay airport employees. However, it is unclear for how long he will be able pay TSA payrolls if a deal with Congress cannot be reached. Karoline Leavitt, White House Press Secretary, said in a Thursday statement: "It's true that there are discussions at the White House about a variety of ideas for reducing the impact of the Democrat shutdown crisis. However, no plans or preparations have been made." The easiest and best way to pay TSA Agents would be to fund DHS." Democrats in Congress are holding up funding for DHS and demanding changes to the rules that govern its immigration operations after agents in Minneapolis killed two U.S. Citizens Renee Good, and Alex Pretti. Republicans have rejected Democratic proposals for funding TSA separately, while they negotiate reforms to how Immigration and Customs Enforcement (ICE) agents work. On Wednesday, the TSA said that if staffing problems worsened, it could be forced to shut down smaller airports. On Wednesday, more than 11, or 3,120 TSA agents, failed to show up at work. Absenteeism rates were higher in New York JFK airport, Houston's airports and the airports of Baltimore, New Orleans, and Atlanta. Chris Sununu is the CEO of Airlines for America. He reiterated on Thursday his call for Congress resolve this issue quickly. Even if the U.S. Senate reached a deal on DHS funding before Friday, he warned, "you are still likely to have a tough weekend because it won't be finalized immediately." Trump said that he could send National Guard troops to airports in order to meet security needs. Senate Republicans and Democrats are continuing to debate a plan that would allow funding for TSA, and other Department of Homeland Security agencies to resume while keeping funding for immigration enforcement on hold. TSA is dealing with a?surge in school spring break travel that is about 5 percent higher than last year. In recent days, absences have risen above 10%. This has led to long delays at airport security checkpoints. On Monday, hundreds of U.S. Immigration agents and Homeland Security Investigations (HSI) officers were deployed to 14 U.S. Airports for security screening. Some of these agents now check IDs using TSA equipment. They also assist with logistics and crowd control, as well as guarding exits and entrances. ICE and law enforcement personnel are paid even during the shutdown. (Reporting and editing by Chizu Nomiyama; Bill Berkrot, Edmund Klamann and Chizu Nomiyama)
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Norway temporarily reduces petrol and diesel taxes amid Middle East War
The Norwegian parliament passed a bill on Thursday to reduce petrol and diesel taxes temporarily, in order to ease the soaring costs of fuel after the Middle East war, which drove up oil prices. The opposition Conservative Party proposed a vote on short notice, bypassing the traditional fiscal process which can take months to complete. The Labour Party minority government said that any changes to fiscal policy would be included in'regular committee review,' which would have delayed voting until at least June. According to Finance Minister Jens Stltenberg, a temporary tax reduction on petrol and diesel between April 1 and September 1 could cost the state at least $342 million in lost revenues. The voting record of the parliament also showed that several?proposals for temporary reductions in CO2 taxes were passed. This added several billion crowns to the?overall cuts. On Thursday, the Centre Party, who cast the final?vote said that it would support "any proposal" to reduce taxes. $1 = 9.6499 Norwegian Crowns (Reporting and editing by Terje Solsvik, Himani Sarkar, and Louise Rasmussen).
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Algerian national airline orders 10 Boeing 737 MAX-8 planes to modernize its fleet
Air Algerie, Algeria's national carrier, announced?on Thursday that it had placed an order for ten Boeing 737 MAX 8 aircraft as part of the country's strategy to develop civil aviation. The airline stated that the acquisition is part of its efforts to modernize their fleet, expand its route network and improve customer service. Five of the aircraft will be delivered this year in the second half, and the remaining five next year. No financial details have been disclosed. Air Algerie said the move was part of a broader strategy to meet the needs of the domestic and international markets and keep up with the aviation sector. They added that it would improve the airline's market position and competitiveness. (Reporting and editing by Susan Fenton; Tarek amara)
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United Airlines tentatively agrees to a labor agreement with flight attendants
United Airlines flight attendants'reach a tentative labor agreement of five years with the carrier, according to their union, which announced this on Thursday. Cabin crews voted against an earlier proposal last year. The union said that the 'agreement' includes higher base salaries and new restrictions on overnight flights. United Airlines said that the agreement would provide flight attendants with immediate increases?upon the ratification of the contract. The top?pay would reach $100 an hour by the end, making them the highest paid in the industry. The agreement includes a boarding bonus, compensation for long gap between flights and signing bonuses for each flight attendant. United said that these bonuses would amount to $740 million. According to estimates, the previous tentative agreement, which was rejected by the 'flight attendants' last year, would deliver a '40% financial gain in the first year of the new contract. (Reporting and editing by Rod Nickel; Rajesh Kumar Singh)
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Anchorage, a crypto platform that brings Sun's Tron cryptocurrency to US investors
Anchorage Digital, an U.S. crypto platform regulated by the federal government, announced on Thursday that it will 'add Justin Sun’s Tron Blockchain to its network', increasing access to investors in the U.S. investors. Sun has reached another milestone in its regulatory history with the deal with Anchorage. This month, Sun settled charges brought by the U.S. Securities and Exchange Commission for $10 million. Sun and his companies have not admitted or denied wrongdoing according to the SEC. Anchorage, based in San Francisco, is the only federally chartered cryptocurrency bank in the United States. It provides services such as crypto custody, settlement, and other services to financial firms, hedge funds, and other crypto players. Nathan McCauley, CEO and co-founder of Anchorage Digital, said in a press release that by supporting Tron through Anchorage Digital’s regulated platform we are helping to bring one of crypto's biggest ecosystems into a framework. Anchorage clients can now custody Tron’s tronix. This could pave the way for a greater adoption of this token in the U.S., and boost Tron’s goal to expand in the country. Singapore is home to the Tron Foundation which oversees this blockchain?network. Investors in the United States who want to trade and invest in Tron’s token do so primarily through decentralized exchanges. These aim to eliminate the middleman, allowing users to transact on a blockchain directly. Donald Trump promised to change policies towards digital assets on the campaign trail, and has been pushing to make the U.S.?a global hub of cryptocurrencies. Sun, who is a major supporter of the Trump family's crypto-?venture World Liberty Financial said in a statement that Tron’s partnership with Anchorage would help to "expand secure institution access" to blockchain network. (Reporting and editing by Michelle Price, Alexander Smith, and Hannah Lang in New York)
FMC: China is detaining Panama flagged ships in a battle over port control
The United States Federal Maritime Commission (FMC) announced on Thursday that it is closely monitoring a'surge' in 'detentions in China of Panama-flagged ships, which appears to be tied to a Panama Court ruling against Hong Kong based CK Hutchison.
The Panama Supreme Court invalidated in late January the legal framework that supported the 1997 concession granting CK Hutchison’s Panama Ports Company, the right to operate Balboa & Cristobal Terminals?on both the Pacific & Atlantic sides of Panama Canal.
After the ruling, the Panamanian Government appointed U.S. subsidiaries Maersk APM Terminals (MSC) Terminal Investment Limited and Mediterranean Shipping Company (MSC), Terminal Investment Limited, as interim operators in 18-month agreements.
The cancellation was a result of increasing pressure from the United States to limit Chinese influence in relation to the strategic canal that handles 5% of all maritime trade.
Laura DiBella is the chairperson of FMC. She said that China's detention of Panama-registered ships far exceeded historic norms. According to a Lloyd's List Intelligence Report, the number of?ships detained by China since March 8 had reached almost 70. DiBella stated that the "intensified inspections" were conducted under informal instructions and appeared to be intended as a punishment for Panama following the transfer of Hutchison port assets.
She said that the FMC was legally empowered to investigate whether foreign government regulations or practices could hurt U.S. commerce. DiBella stated that the Chinese Ministry of Transport summoned Maersk, MSC and other shipping companies to Beijing in a parallel move.
CK Hutchison has been operating the?ports in Panama for almost 30 years. They have strongly rejected the court ruling, accused the Panamanian authorities of illegally seizing properties, and filed an international arbitration against Panama seeking damages of over $2 billion.
The dispute also 'complicated' CK Hutchison’s planned $23 billion?sale of a majority stake?in its global ports business?to a consortium led?by BlackRock and MSC.
The Chinese Ministry of Transport has not responded to an immediate request for comment. (Reporting and editing by Stephen Coates; Lisa Baertlein)
(source: Reuters)