A decline in demand could lead to 440 job losses at Mitsubishi Electric’s Livingston plant, according to local MP Gregor Poynton. The plant, which has operated in West Lothian for three decades, employs around 1,600 […]
U.S. exports of thermal coal to Asia and Africa surged in the first half of 2024, helping to drive overall U.S. coal exports (thermal and metallurgical) to 53 million short tons (MMst) from 49 MMst […]
Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]
Leading Light Wind, a partnership of Invenergy and co-developer energyRe, has requested the New Jersey Board of Public Utilities to allow a pause in the development of its offshore wind project off the coast of […]
Daily Standup Top Stories OPEC+ Close to Delaying Oil Supply Increase, Delegates Say September 4, 2024 Stu Turley Group had scheduled October production boost of 180,000 b/d Rethink comes after downbeat economic data from China, […]
HOUSTON, Sept 4 (Reuters) – Crude futures fell by more than $1 a barrel on Wednesday in see-saw trading, with traders worried about demand in coming months as crude producers offered mixed signals about supply […]
HOUSTON, Sep. 04 /BusinessWire/ — Crescent Energy Company (NYSE:CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of […]
The financial dimension of the Russian-Indian Strategic Partnership is qualitatively evolving as a result of the fast-moving multipolar processes that were unleashed across the world by the Ukrainian Conflict. Russia and India are decades-long strategic […]
Fewer quits and historically low layoffs & discharges mean fewer job openings, and less hiring to fill them. The massive pandemic churn slowed. But that’s only part of it. By Wolf Richter for WOLF STREET. Not seasonally adjusted, […]
China has restricted exports of key rare metals like antimony, causing prices to surge; antimony prices have reached record highs of over $25,000 per tonne. Antimony is vital for military, automotive, and solar applications, with […]
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