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Industry News

Trump tariffs threaten big shift to corn as inputs get pricier

(MSN) - President Donald Trump’s slew of tariffs means American farmers may not make that big shift to corn after all.

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Trump EPA begins rolling back Biden electric vehicle 'mandate' in 'biggest day of deregulation in American history'

(MSN) - President Trump’s Environmental Protection Agency began the process Wednesday of rescinding vehicle fuel efficiency standards that Republicans have called a de facto “electric vehicle mandate,” The Post has learned.

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Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

(MSN) - The deeply integrated North American oil and gas market stands at crossroads, with Canada's largest oil producer warning that it will diversify its exports away from the United States if President Donald Trump's tariff threats do not end.

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A breakdown of major EPA deregulatory moves around water, air, climate

(MSN) - Environmental Protection Agency Administrator Lee Zeldin on Wednesday announced nearly three dozen deregulatory moves that he said would spur the U.S. economy by rolling back rules that have unfairly burdened industry. Many of the moves would affect landmark regulations aimed at protecting clean air and water.

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House Republican support grows for keeping clean energy tax breaks

(Politico) - A growing number of House Republicans are urging the party to preserve the clean energy tax credits in Democrats’ climate law — and warning they may oppose the party’s budget bill if those incentives get axed.

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Coromandel International doubles the sulphur manufacturing capacity in Visakhapatnam to 50,000 MT

(Hans India) - Coromandel International Limited, one of India’s leading agri-solutions providers, has inaugurated its second Sulphur manufacturing plant at its Visakhapatnam facility in Andhra Pradesh.

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Why are miners diversifying into metals and minerals recycling?

(MSN) - South African-based mining company Sibanye-Stillwater is one of the world’s largest primary producers of platinum, palladium and rhodium, as well as a top-tier gold producer. Perhaps surprisingly, it is also a large recycler, processing 310,000oz of platinum group metals in 2023 – representing 13.3% of the company’s revenue.

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SEC announces it will not defend climate disclosure rule

(The Hill) - The Securities and Exchange Commission (SEC) announced Tuesday that it will not defend a year-old rule requiring publicly held companies to disclose climate-related risks and in some cases the details of their emissions

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Cal/OSHA raises workplace safety, health penalties

(EHS Daily Advisor) - The California Division of Occupational Safety and Health (Cal/OSHA) raised its maximum penalties for regulatory, general, willful, or repeat safety and health violations, the agency announced January 27. Cal/OSHA is a division of the state’s Department of Industrial Relations (DIR).

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Second life for bills more broadly defining hazmat trains

(Freight Waves) - Two rail-related hazardous materials safety bills have been reintroduced in Congress stemming from the East Palestine, Ohio, derailment of 2023.

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Should you spend money on sulfur this year?

(Farm Progress) - Ag economists advise only buying inputs that provide an immediate return on investment this year. How do you know? Consider sulfur, for example.

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Teamwork makes the dream work for soybeans

(The Scoop) - Fred Below became a household name among U.S. farmers in the mid-2000s with his presentation, The Seven Wonders of the Corn Yield World.

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Saskatchewan's Potash may be Canada's Trump Card

(Reuters) - Germany wants the European Union to make its gas storage targets less rigid because of worries over their cost, the economic affairs and climate ministry said on Thursday.

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Port union voices unanimous support for strike, escalating U.S. supply chain fears

(CNBC) - After two days of meetings of North America's largest longshoremen's union amid an impasse with port ownership on a new contract, concerns of a strike are growing amongst those in the business and logistics community.

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Codelco bids $500 million for stake in key Chile copper mine

(Mining) - Chile’s Codelco, seeking to retain the title of world’s top copper supplier, made a $500 million offer to buy a stake in a mine run by Teck Resources Ltd., people with knowledge of the matter said.

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How low will we go? USDA expected to cut their 2024 net farm income forecast

(The Daily Scoop) - USDA's Economic Research Service (ERS) will provide an updated 2024 net farm income forecast on Thursday. Even with improvements in livestock margins, the August Ag Economists’ Monthly Monitor showed the majority of ag economists expect the further deterioration in crop prices to weigh on the overall net farm income picture and force the agency to revise their forecast lower.

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Batteries are a fast-growing secondary electricity source for the grid

(EIA) - Utility-scale battery energy storage systems have been growing quickly as a source of electric power capacity in the United States in recent years. In the first seven months of 2024, operators added 5 gigawatts (GW) of capacity to the U.S. electric power grid, according to data in our July 2024 electric generator inventory. In 2010, only 4 megawatts (MW) of utility-scale battery energy storage was added in the United States. In July 2024, more than 20.7 GW of battery energy storage capacity was available in the United States.

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U.S. refiner warns of looming capacity shortage

(Oil Price) - A refining capacity shortage is looming globally and could materialize as soon as next year, the chief executive of Phillips 66 told Bloomberg in an interview.

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Supply chains are under plenty of stress, but they're not breaking. Here's why

(CNN) - Global supply chains, now a couple years recovered from pandemic-era snarls, have been chugging along at a much healthier clip.

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Panama Canal eases limits that caused global shipping bottleneck

(MSN) - The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.

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Member News

BP says Gulf of Mexico platforms resumed operations after storm Ida

(Reuters) - BP on Wednesday said all four of its offshore facilities in the Gulf of Mexico have resumed operations, having been brought back online and producing as of Sept. 12 post Hurricane Ida.

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Shell to launch Singapore's first fully-electric ferry service

(Reuters) - Royal Dutch Shell (RDSa.L) has ordered at least three electric ferries in Singapore to replace the diesel boats it uses to transport employees and visitors between mainland Singapore and its oil refining and chemicals plant on Bukom island, it said.

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ExxonMobil renewable diesel process technology to enable high yields from bio-feedstocks

(Hydrocarbon Processing) - ExxonMobil Catalysts and Licensing LLC (“ExxonMobil”) has introduced ExxonMobil Renewable Diesel process technology (“EMRD”) to help meet the evolving needs for mobility, while utilizing renewable feedstock.

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Chevron, Gevo join hands to invest in sustainable aviation fuel

(Reuters) - U.S oil major Chevron Corp and renewable energy firm Gevo Inc will jointly invest in building and operating one or more facilities that would process corn to produce sustainable aviation fuel, the companies said on Thursday.

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BP, Macquarie study green hydrogen hub concept in Western Australia

(Reuters) - BP Plc (BP.L) said on Tuesday it was conducting a joint feasibility study with Australian lender Macquarie Group (MQG.AX) to produce green hydrogen at the oil giant's former refinery site near Perth in Western Australia.

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CSX Acquisition of Pan Am: Improved New England Rail Service Makes It Commendable

(Railway Age) - CSX has recently proposed to acquire Pan Am Railways. Although, as I explain below, I am usually critical of mergers, I believe this merger will substantially enhance the rail network in New England by bringing the region more directly into the national railroad network.

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Activist Hedge Fund Grabs Two Seats On Exxon Mobil's Board Of Directors

(Texas Standard) - It’s another example of Big Oil being pushed toward renewable energy. But achieving net-zero carbon emission goals will still be a big challenge. Texas-based oil giant Exxon Mobil Corp. saw a major shakeup in the boardroom last week, with a new activist investor group called Engine No. 1 grabbing two spots on the company’s board of directors. The hedge fund has been targeting Exxon since December with its “Reenergize Exxon” campaign, pushing the company to rethink its business strategy in a time when green energy and climate activism is becoming increasingly mainstream.

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Shell to Let Shareholders Vote on Shift to Cleaner Energy

(WSJ) - LONDON-- Royal Dutch Shell PLC detailed a first-of-a-kind shareholder vote over its pivot away from oil, asking investors to endorse its energy transition strategy in a nonbinding vote next month.

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Rio Tinto achieves battery grade lithium production at Boron plant

(Investing News) - Rio Tinto has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States. The demonstration plant is the next step in scaling up a breakthrough lithium production process developed at Boron, to recover the critical mineral and extract additional value out of waste piles from over 90 years of mining at the operation.

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Mosaic, AgBiome collaborate to develop biological plant nutrition products

(Agriculture.com) - Ag input suppliers are betting big on microbial solutions for plant nutrition, and the Mosaic Company is one of the latest to enter the fray.
Last week, Mosaic – a producer and seller of phosphate and potash crop nutrients – entered into a strategic collaboration with AgBiome, a company with one of the world’s largest collections of diverse microbial communities. The goal is to discover, develop, and launch biological solutions to enhance soil fertility, the companies said in a press release.

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