Reheating services inflation isn’t a surprise. But the PPI for finished core goods saps hopes for goods “deflation” to continue to hold down overall inflation. By Wolf Richter for WOLF STREET. The Producer Price Index for final demand […]
The heads of two of the world’s largest containerlines have discussed how they see the role of nuclear power in the years ahead. Speaking yesterday at a press conference hosted by the World Shipping Council, […]
In an effort to pave the way for year-round transport of liquefied natural gas (LNG) on the Northern Sea Route, the Russian government eased the requirements for icebreaker escorts. The rule change applies to double-acting […]
Banks, governments, and businesses would face failure due to the essential role of fossil fuels in the economy. Critical infrastructure like electricity, internet, and trade systems would collapse without fossil fuel support. Agriculture and home […]
It would be impossible to estimate the number of stories we’ve seen over the last 30 years loudly proclaiming that hydrogen cars are the real future in the transportation space. And hey, you must admit […]
The House voted Thursday afternoon in favor of stripping the Biden administration’s authority to permit natural gas export projects in a blow to the president’s climate agenda. In a 224-200 vote, the House approved the so-called Unlocking Domestic […]
Peru’s environmental watchdog has granted Antamina, the country’s largest copper-zinc mine, a long-awaited permit that allows it to kick off a $2 billion expansion to extend the operation’s productive life from 2028 to 2036. […]
Italy is one of the largest consumers of natural gas in Europe and is also home to one of the ‘supermajor’ oil and gas companies known as Eni. However, along with the rest of Europe, […]
Global demand for liquefied natural gas (LNG) is set to grow more than 50 percent against the current level driven by China’s shift from coal to gas and economic development in South and Southeast Asia, […]
A pair of large investment companies with nearly $7 trillion in assets, said Thursday they exited a climate change investor initiative that aims to pressure companies to quickly cut carbon emissions. JPMorgan Asset Management, which […]
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