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US, Ukraine May Wait Decade or More to See Revenue From Minerals Deal

The financial payoff from a new minerals deal between Ukraine and the U.S. is likely to take a decade or longer as investors face many hurdles to getting new mines into production in the war-ravaged country. Developing mines that produce strategically important minerals in countries with established mining sectors such as Canada and Australia can …

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COMMENTARY: How Trump’s Tariffs Affect U.S. Economic Freedom—and Why That Matters – Fraser Institute

By Robert A. Lawson and Matthew D. Mitchell For a moment on April 9, the average U.S. tariff rate leapt to 32 per cent, making American consumers the highest tariffed people in the world. For the next 90 days, the average U.S. tariff rate will be about 25 per cent, which will leave Americans paying …

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Tesla Chair Denies Reported CEO Search, Backs Elon Musk

Musk acknowledged during Tesla’s earnings call that there had been “some blowback” over his time leading DOGE Tesla Inc.’s chair denied a report that said board members started a search for a chief executive to succeed Elon Musk, saying directors are “highly confident” in his abilities. The Wall Street Journal reported late Wednesday that unidentified …

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TC Energy’s Quarterly Profit Misses on Power Segment Weakness

Summary Power segment profit falls 30% on repairs at Bruce Power nuclear reactor TC Energy announces new gas and nuclear projects worth C$2.4 billion Company’s US-listed shares drop 4% May 1 (Reuters) – Canadian pipeline operator TC Energy on Thursday missed analysts’ estimates for first-quarter profit on weakness in its power and energy solutions business, while …

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BP’s 440,000-bpd Refinery in Whiting, Indiana, Shut Reformer Unit Last Weekend, Sources Say

(Reuters) – BP’s 440,000-barrel-per-day (bpd) refinery in Whiting, Indiana, shut the reformer unit last weekend, trading sources said. The company did not immediately respond to Reuters’ requests for comment. The Whiting refinery, the largest in the U.S. Midwest, produces a wide range of liquid fuels, including gasoline, diesel and jet fuel. Reporting by Nicole Jao …

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US Crude Stockpiles Draw Unexpectedly on Export, Refinery Demand, EIA Says

(Reuters) – U.S. crude oil stockpiles fell unexpectedly last week on higher export and refinery demand, while gasoline drew down for a ninth straight week, the Energy Information Administration said on Wednesday. Crude inventories fell by 2.7 million barrels to 440.4 million barrels in the week ended April 25, the EIA said, compared with analysts’ …

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Ukraine Ready to Sign US Resources Deal in a Matter of Hours

Ukraine is ready to sign a natural resources deal with the US, which could bolster Washington’s support for Kyiv by strengthening their economic partnership. The draft agreement, which has been finalized, may be signed as soon as Wednesday and will allow the US privileged access to new investment projects to develop Ukraine’s natural resources. The …

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AI Topics for Your Management and Board of Directors – Part 1 – Yogi Schulz

By Yogi Schulz AI is sweeping through most organizations. It’s out of control, like the Wild West. AI output is showing up in reports and presentations. The Apple App Store and Google Play offer many free AI apps of varying quality. Every AI software vendor provides access to their prompt website. AI output is part …

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Electric Utility Entergy Eyes Adding More Nuclear Power in U.S. South

By Laila Kearney NEW YORK, April 29 (Reuters) – U.S. electric utility Entergy (ETR.N) is looking to expand its nuclear power output by upgrading its existing plants across the U.S. South while it considers advanced nuclear technologies, company executives said on Tuesday. U.S. nuclear power, which is virtually carbon free, has been in high demand …

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COMMENTARY: US LNG Exporters Could Lose Out As AI Gas Demand Booms

By Ron Bousso Share of data centres in U.S. power market to more than double by 2030 Natural gas to account for over half of incremental power supply U.S. natural gas production set to peak in early 2030s LONDON, April 29 – The race for AI supremacy could have an unlikely loser: U.S. liquefied natural …

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