LG Energy Solution Ltd., a battery supplier for General Motors Co. and Tesla Inc., is testing investor demand for a potential dollar-denominated sale of green bonds as the South Korean firm seeks to slash its carbon emissions. The company mandated Bank of America Corp., Citigroup Inc., Morgan Stanley, Standard Chartered Plc and Korea Development Bank …
Battery Giant LG Energy Weighs Green Bond Sale to Cut Emissions Read More »
(Reuters) – U.S. oil producer Chevron on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms while Kinder Morgan planned to shut a petroleum pipeline, as the energy companies braced for Hurricane Idalia. Hurricane Idalia strengthened over the Gulf of Mexico en route to Florida’s Gulf Coast, forcing evacuations in low-lying …
Chevron Evacuates Gulf Platforms, Kinder Morgan to Shut Pipeline Ahead of Idalia Read More »
Texans are being asked to conserve electricity after a high number of fossil fuel plants unexpectedly went offline even as the intense summer heat ebbs. The Electric Reliability Council of Texas, the grid operator, called for conservation from 5 p.m. to 9 p.m. Central on Tuesday because of a “high level of unexpected” outages at fossil fuel …
Texas Asked to Conserve Energy After Power Plant Outages Read More »
HOUSTON, Aug 24 (Reuters) – A draft environmental impact statement for the Dakota Access oil pipeline is now expected to be released in fall, a spokesperson for the U.S. Army Corps of Engineers said on Thursday. The review was initially expected to be completed last year and earlier was pushed back to spring of this …
(Reuters Breakingviews) – Kazakhstan appears to be in the throes of a sudden craze for European goods. Imports from the European Union were up nearly 90% in 2022 compared to the year before, and the trend continued in the first half of 2023. The spike is raising suspicions that the former Soviet republic and Russia’s neighbour …
Shady export leaks suggest Russian sanctions work Read More »
A panel discussion at the upcoming World Petroleum Congress takes on this huge topic. Companies working in the energy sector are now prosecuting their own self-defined pathways to achieve carbon zero or carbon neutral business profiles. Digital innovations play a key role. Roadmap to Carbon Zero As part of the World Petroleum Congress, September 17-21, …
Digital Transformation on the Route to Net Zero – Geoffrey Cann Read More »
Supplies from Chevron’s liquefied natural gas facilities in major exporter Australia could be disrupted after the last batch of its workers on Monday voted to authorise their unions to take industrial action if necessary. The Gorgon and Wheatstone facilities in Western Australia – along with Woodside Energy Group’s projects in the same area – account for …
Chevron LNG workers in Australia allow union to call for strike Read More »
Aug 24 (Reuters) – The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) on Thursday proposed new measures to bolster the safety requirements of gas distribution pipelines. The PHMSA issued a Notice of Proposed Rulemaking (NPRM), outlining updated regulations to improve safety on the country’s millions of miles of gas distribution pipelines. …
US Regulator Aims to Improve Safety of Gas Distribution Pipelines Read More »
The latest buzzword in battery materials sounds like a concept borrowed from astrophysics. But “black mass” is just a very literal description of the intermediate product from recycling either spent electric-vehicle batteries or scrap from battery plants. It’s a dark, powdery cocktail of metals such as lithium, cobalt and nickel that’s emerging as a commodity in its own …
Hyperdrive: Why the EV Industry is Talking About ‘Black Mass’ Read More »
Summary China halves stamp duty on stock trades to boost flagging market Tropical Storm Idalia expected to hit Florida as hurricane Fed’s Powell says higher rates may be needed LONDON, Aug 28 (Reuters) – Oil was little changed on Monday after China took steps to bolster its flagging economy, though investors remained worried about the …
Oil Steadies as China Moves to Support Economy, Tropical Storm in Focus Read More »
