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Chemicals & Energy: Page 37

Iveco Group, BASF Team Up for European Battery Recycling Process

BASF will arrange the recycling process for lithium-ion batteries produced by the group on its vans, buses and trucks, including the collection, packaging, transporting and recycling processes in European countries.

Photo: iStock.com/kynny

ONE Announces Order for 12 Methanol Dual-Fuel Containerships

The vessels are designed to flex between methanol and conventional diesel bunker fuel and will include technologies such as optimized hull form, waste heat recovery systems and bow windshield.

A methanol-fueled ship. Image: Ocean Network Express Pte. Ltd. (ONE)

Korean Battery Makers Eye Chile Lithium Projects to Supply U.S.

InvestChile, the South American nation’s foreign investment promotion body, has held meetings with representatives from multiple Korean companies, said the group’s executive director, Karla Flores.

Photo: Bloomberg

Deep Freeze Forces U.S. LNG Exporters to Cancel, Delay Cargoes

The Cameron LNG export plant in Louisiana canceled at least one scheduled shipment while other deliveries from Cameron and Cheniere Energy’s Corpus Christi facility in Texas were also delayed

Des Moines, Iowa. Photo: Al Drago/Bloomberg

OPEC Sees Robust Oil Demand Next Year in First Look at 2025

Oil markets are set to remain in deficit through to the end of 2025 unless Saudi Arabia and its allies boost output significantly.

Vienna, Austria. Photo: Andrey Rudakov/Bloomberg

Chevron Still Plans to Ship Cargo Along Red Sea Route, CEO Says

The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.

Davos, Switzerland. January 16, 2024. Photo: Bloomberg

Investors to Back Resolution Calling for Shell to Align with Paris Agreement

The resolution has already received support from Scottish Widows, Candriam and Rathbones Group, as well as the French asset management firm Amundi.

World’s Biggest Uranium Miner Warns of Production Shortfall

Kazatomprom said January 12 that shortages of sulfuric acid and construction delays at newly developed deposits are creating production challenges that could persist into 2025.

Photo: Daniel Acker/Bloomberg

U.S.-Owned Cargo Ship Near Yemen Hit by Missile

The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.

Image: iStock.com/PeterHermesFurian

India Scraps Plan for $602M Strategic Oil Reserve Top-Up

Instead of buying at current levels the ministry is asking state-owned Indian Strategic Petroleum Reserves Ltd. to lease out empty underground storage to refiners and global oil majors.

Photo: Dhiraj Singh/Bloomberg

Transportation's Rebound Contributes to Bleak Outlook for Meeting Emissions Goals

The U.S. is on track to cut greenhouse gas emissions by only around 40% by 2030 when compared to 2005 levels if the country does not make any other changes.

Photo: iStock.com/Naeblys

Orsted Partner to Sell Wind Farms, Take $1.6B Charge

Eversource Energy is in exclusive negotiations to sell its 50% stakes in the developments to a “global private infrastructure investor,” it said January 8 in a statement.

Photo: Eric Thayer/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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