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Chemicals & Energy: Page 36

Major Carmakers Could Be Using Uyghur Forced Labor, Report Says

Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.”

Photo: iStock.com/Andrii Koval

OPEC+ Nations Set to Decide on Extending Cuts in Early March

Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.

Vienna, Austria. Photo: Andrey Rudakov/Bloomberg

Bound4blue Chosen to Install eSail on Polynesian Mixed Cargo Vessel

Bound4blue said that the eSail wind power propulsion system will help shipowner SNA TUHA’A PAE (SNA) reduce its energy consumption by up to 10%.

Photo: iStock / mady70

The Price of Diesel in Europe Is Being Boosted by Red Sea Shipping Chaos

Since the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.

Suez Canal, Egypt. Photo: Bloomberg

Chinese Wind, Solar Capacity to Overtake Coal in 2024

The China Electricity Council said that wind and solar energy would make up about 40% of installed power generation capacity in 2024, compared to coal's 37% capacity.

Photo: iStock.com/hrui

Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast

Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.

Photo: iStock / IgorSPb

Japan Launching First Ammonia-Fueled Ammonia Gas Carrier in 2026

The 10.5-million-gallon ammonia fuel ammonia carrier, which is being built at the Japan Marine United Corporation (JMU) Ariake Shipyard, is scheduled to be delivered in November 2026.

Photo: iStock.com/GlenJ

Biden Administration Pausing Several LNG Export Projects

Two senior officials said a recent boom in U.S. LNG exports prompted the need for an analysis of the entire domestic gas market, the U.S. gas industry’s first since 2018.

An LNG carrier vessel. Photo: iStock / nikkytok

German Solar Start-Up Expands in U.S. to Challenge China Dominance

The company established a U.S. subsidiary, which aims for an initial production volume of six gigawatts, as part of "a strategic move to reduce vulnerabilities in the solar-wafer supply chain,”

Photo: iStock.com/tigerstrawberry

Qatar Delays LNG Cargoes to South Europe Amid Red Sea Crisis

Since January 15, Qatar has diverted at least six shipments destined for Europe around the Cape of Good Hope in southern Africa.

Chiba Prefecture, Japan. Photo: Bloomberg

Impact of Tariffs on the Supply Chain

The impacts of tariff are both beneficial in the short run but could be counterproductive in the long run.

Protective tariffs worked out well in the long run for Harley Davidson. Photo: iStock.com/Johnrob

Octopus Energy Lines Up to Become German Offshore Wind Developer

The U.K.’s second-largest household energy provider aims to bid in the country’s wind auctions in the “next year or two,” said chief executive officer Greg Jackson.

Copenhagen, Denmark. Photo: Bloomberg

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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