(Reuters) – President Joe Biden is hiking tariffs on $18 billion in Chinese goods including electric vehicles, batteries, semiconductors, steel, aluminum, critical minerals, solar cells, ship-to-shore cranes, and medical products, while retaining Trump-era tariffs on over $300 billion in goods. The United States Trade Representative’s Office told Reuters it anticipates the effective date will be in …
SUGAR LAND, Texas, May 14, 2024 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced its outlook for certain operational statistics and financial information for its Petroleum and Renewables businesses for the second quarter of 2024. This information was not included in the announcement of the results of the …
The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global oil demand this year. The Paris-based energy watchdog lowered its growth outlook for this year by 140,000 barrels per day (bpd) to 1.1 million …
IEA Trims 2024 Oil Demand Growth Forecast, Widening Gap with OPEC View Read More »
Energy facilities construction requires accurate and timely procurement of products and services – learn how to do this in an efficient manner. The energy sector will rapidly evolve over the next few years, reflecting ongoing innovation, private capital market investment, and the critical need to address global climate change. Demand for clean energy is expected …
Transporting and storing oil or natural gas are task-heavy processes. Then add complex regulations, communication dilemmas, and forecasting failures. Midstream operators, large and small, can maximize profitability and increase day-to-day operational efficiencies while removing transactional complexity with ESG Latitude. A comprehensive pipeline & storage management software platform will allow you to: Keep up with changing …
How Midstream Operators Can Meet Industry Demands & Grow Read More »
The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.
BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility mid-year 2024, CEO Murray Auchincloss said.
While Brazil and Guyana aren’t necessarily competing to see which country can produce more oil, Petrobras’ CEO Jean Paul Prates jokingly said Brazil was winning, while adding that Bolivia’s falling production was an opportunity for Argentina.
Pembina Pipeline has approval from the Toronto Stock Exchange to purchase up to 5% of its outstanding common shares.
The directive quadruples the tariff rate on electric vehicles from 25% to 100%, and the tariff rate for solar cells doubles to 50%.
