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Kazakhstans Energy Minister: The attack on the Russian plant did not affect the flow of natural gas to Kazakhstan.Germanys DAX30 index closed up 418.43 points, or 1.75%, at 24,263.84 points on Monday, October 20; Britains FTSE 100 index closed up 46.64 points, or 0.50%, at 9,401.21 points on Monday, October 20; Frances CAC40 index closed up 31.87 points, or 0.39%, at 8,206.07 points on Monday, October 20; The STOXX 50 index closed up 75.76 points, or 1.35%, at 5,683.15 points on Monday, October 20; the Spanish IBEX 35 index closed up 213.50 points, or 1.37%, at 15,822.50 points on Monday, October 20; and the Italian FTSE MIB index closed up 631.89 points, or 1.51%, at 42,390.00 points on Monday, October 20.On October 20th, European Central Bank (ECB) Executive Board member Schnabel reiterated the need to further enhance the euros international standing. "Preserving sovereignty requires a strong currency, and that is precisely the ECBs responsibility," she said in Frankfurt on Monday. "We therefore believe that strengthening the euros international role is essential." Citing ECB President Christine Lagarde, she emphasized that "this role must be earned—it will not just happen." Schnabel noted that innovation, growth, integration, and defense are "the cornerstones of the euros international strength," adding that "of course, a large and liquid European bond market will also support the euros international standing." Schnabel admitted, "We have taken important steps in this direction, but more work is needed."The chief executive of Stellantis (STLA.N) is in talks with Italian unions to reaffirm his commitment to Italian manufacturing.The winning rate of the U.S. 6-month Treasury bond auction on October 20 was 3.66%, compared with the previous value of 3.69%.

Mexico's Pemex Says the Fire at the Salina Cruz Refinery has been Extinguished

Aria Thomas

Apr 18, 2022 09:45

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The blaze began on Friday and quickly devoured a gasoline storage tank, sending a thick cloud of black smoke pouring from inside the refinery.


Pemex said that firemen had completed the tank's "suffocation and cooling operations."


In August, another fire broke out at the Salina Cruz facility.


According to Eikon Refinitiv data, Salina Cruz has the ability to process 330,000 barrels of crude oil per day.


In November, another fire broke out at a Pemex refinery complex in northern Mexico, but it was quickly extinguished without resulting in any casualties or production disruptions.