In farm programs, USDA is investing 65 million dollars in 34 Conservation Innovation Grants projects, which support the development of new tools, approaches, practices and technologies to further natural resource conservation on private lands, the Natural Resources Conservation Service announced on October 23. The grants are supported by the Working Families Tax Cuts Act, which increased funding for farm bill conservation programs including the Environmental Quality Incentives Program, which funds the grants. “Conservation Innovation Grants help turn innovative ideas into practical conservation solutions for America’s farmers and ranchers,” NRCS Chief Colton Buckley said. This item resolves the gaps.json single source flag on the USDA conservation announcement: the figure is from the department’s own release.
In Nigeria, the navy uncovered 132,000 litres of stolen crude oil in Bonny, according to reporting in the feed pool dated October 25, following a separate discovery of reservoirs containing 25,000 litres of stolen crude reported on October 24. Both items are single sourced in this window and are carried at headline level for that reason; theft at this scale is a standing drag on Nigerian output rather than a new development.
In shipping, the world’s first ammonia dual fuel very large ammonia carrier fitted with an Everllence main engine was delivered, Marine Insight reported on October 24, and the battery electric ship China Zorrilla entered service on the River Plate for Buquebus, the same outlet reported. Both are single sourced in this window and carried at headline level. They sit alongside the World Shipping Council dashboard published October 22, covered in this site’s October 23 roundup, which put the operating dual fuel container and vehicle carrier fleet at 503 ships with investment above 200 billion dollars.
In official publications, the International Energy Agency listed its Global Gas Security Review and fourth quarter Gas Market Report among the candidate pool items. No figures from the report were in the pool read for this edition, so it is noted as published, with no numbers carried here.
In prices, the site market tables updated October 25 at 06:10 ET showed Brent crude at 111.7 dollars a barrel, down 1.3 percent, against Friday’s 116.72 dollar settlement, and United States natural gas at 3.05 dollars, up 9.08 percent, a sharp rebound against the record short position reported on Saturday. Both moves are covered as updates in the existing Brent and natural gas story files.