(Port News) - In almost 10 month of the year, cargo turnover on inland water ways of the Azov-Don Basin decreased by 1 million tonnes versus the same period of 2020. Transportation of agricultural goods and sulphur has reduced by almost a half with the decrease demonstrated by other types of cargo as well.
(FleetPoint) - Resurgence in fuel prices, set to be passed on by carriers, means cargo owners will have to contend with higher bunker adjustment factors on top of already high freight rates.
Shippers are being warned to prepare for higher bunker adjustment factors on top of already high freight rates as carriers seek to claw back rising fuel costs.
(Reuters) - Fatih Birol is cracking skulls again. The boss of the International Energy Agency, which represents global power consumers, caused a stink in May with prescriptions for what the world needs to keep global warming to 1.5 degrees Celsius above pre-industrial levels. The implication of his first progress update, ahead of the COP26 gathering, is that the focus of decarbonisation lobbyists may be too narrow.
(Reuters) - The world's spare oil production capacity which helps smooth the market will fall by the end of 2022 as OPEC+ producers lift output, highlighting the need for more investment to meet rising crude demand, the International Energy Agency said on Thursday.
(Reuters) - China coal prices held near record highs on Thursday as cold weather swept into the country's north and power plants stocked up on the fuel to ease an energy crunch that is fuelling unprecedented factory gate inflation.
(Zawya) - The Abu Dhabi National Oil Co. has dropped plans to build a 400,000 barrels per day refinery in Ruwais citing changing economic outlook for the project.
(Reuters) - Global copper smelting activity rebounded in September as higher treatment charges spurred many smelters to increase output, data from satellite surveillance showed on Monday.
(CNN) - In the foothills of the Appalachian Mountains, the small town of Morehead is home to the biggest greenhouse in the US. But the facility is more than just an oversized version of a backyard greenhouse; this high-tech operation uses robotics, artificial intelligence (AI) and data to grow up to 45 million pounds of tomatoes per year.
(Phys) - A group of highly reactive compounds called persulfides have provoked great curiosity among biochemists, because of their role in nature, and how they interact with proteins to change their structure and function, affecting health, aging and disease processes.
(Eurek Alert) - Foldable mobile phones are gaining popularity these days. As the popularity of such intelligent flexible devices and electric vehicles increases, the demand for high-energy, long-life and fast-charging energy storage systems is increasing.
(Reuters) - A group of global private equity firms and pensions funds managing over $4 trillion in assets said on Thursday they have agreed to standardize reporting on environmental, social and corporate governance (ESG) performance of portfolio companies.
(CNN Business) - Seafarers, truck drivers and airline workers have endured quarantines, travel restrictions and complex Covid-19 vaccination and testing requirements to keep stretched supply chains moving during the pandemic.
(Reuters) - More producers and refiners are looking at ways to offset carbon emissions of their crude oil exports to meet future global demand for low-carbon raw materials, although such trades will require time to develop as it remains unclear which parties will bear the decarbonisation costs, industry executives said.
(Thrillist) - It's no secret that Mother Nature loves to get weird, and man, we love it when she does. But of all the freaky creations she's dreamt up during her 4.5 billion years of existence— god-like mystery monoliths, swirling crimson deserts, oceans that glow--one of the strangest has to be Ethiopia's Danakil Depression.
(News Medical) - Many children, as well as adults, dislike Brassica vegetables, such as broccoli, cauliflower, cabbage and Brussels sprouts. In the mouth, enzymes from these vegetables and from bacteria in saliva can produce unpleasant, sulfurous odors.
(The Press) - Lyten, an advanced materials company, is disrupting the electric vehicle battery industry with the introduction of its LytCell EV™ lithium-sulfur (Li-S) battery platform. This latest Silicon Valley battery innovation is optimized specifically for the electric vehicle (EV) market and is designed to deliver three times (3X) the gravimetric energy density of conventional lithium-ion (Li-ion) batteries.
(Agriculture) - Cargill has begun enrolling farmers in Cargill RegenConnectTM, a new regenerative ag program that pays farmers for improved soil health and positive environmental outcomes, including payment per metric ton of carbon sequestered.
(Future Farming) - Cargill RegenConnect is a new regenerative agriculture program that pays U.S. farmers for improved soil health and positive environmental outcomes, including payment per metric ton of carbon sequestered.
(Reuters) - Top emitters of carbon are not disclosing the full risks associated with climate change, reducing the chances of meeting global emissions targets, a study by Carbon Tracker and the Climate Accounting Project (CAP) said on Thursday.
(Reuters) - Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.
(MSN) - Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.
(The Wall Street Journal) - Exxon Mobil struck a nearly $60 billion agreement Wednesday to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant's future to fossil fuels.
Tessenderlo Kerley, Inc. held a celebratory groundbreaking to mark the commencement of construction on a new liquid fertilizer facility in Defiance, Ohio. The new 50,000-square-foot production facility will occupy 50 acres and is set to become operational in 2024. The facility will service the Eastern Great Lakes Region through its distribution partners and will include terminal loadouts for rail cars and tanker trucks.
(Reuters) - Ford Motor Co (F.N) said on Thursday it will buy lithium from ioneer Ltd's (INR.AX) Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.
(The Daily Scoop) - "The closing of this acquisition marks Koch's first substantial investment on the African continent," said Brad Razook, Executive VP of Koch Industries and CEO, Resources. "We are excited to add another nutrient to the KAES portfolio in collaboration with a world-class partner."
(The Wall Street Journal) - Political uncertainty is clouding prospects for new drilling in the Gulf of Mexico, but Shell PLC—the Gulf’s biggest producer—is still investing billions of dollars in its waters to pump oil for years to come.
(Elko Daily) - Alot has been happening with the Rhyolite Ridge lithium/boron project in recent months.
“On March 31, U.S. President Joe Biden announced plans to invoke the Defense Production Act to provide hundreds of millions in new subsidies for the mining of minerals critical for the wind, solar and electric vehicles industries.
(MSN) - Penflex Corporation recently became the newest member of The Sulphur Institute (TSI), an international, non-profit organization dedicated to advocating for the safe use of sulfur.
(Agri Business Global) - Koch Ag & Energy Solutions (Koch) and OCP have signed an agreement under which a Koch affiliate will acquire a 50% interest in Jorf Fertilizers Company III (JFC III) from OCP, the world's largest phosphate mining and leading global fertilizer group. When closed, the transaction will establish a 50/50 joint venture.
(Reuters) - Exxon Mobil Corp (XOM.N) on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.