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Think Tank
Chemicals & Energy: Page 50
Volvo Group Recalls Electric Trucks in U.S. After Battery Fire
Electric vehicle battery fires are harder to put out because of self-oxidizing lithium salts that can lead them to keep re-igniting.
The Transition to Commercial EVs Will Take Longer Than Industry and Government Planners Think
Current long-term emissions targets are not attainable based on the timelines provided by corporations and government agencies.
Ukrainian Naval Drones Attack Russian Black Sea Port
The strike on August 4 came after Russia hit numerous port and grain-terminal targets, disrupting Ukraine’s ability to export grain.
OPEC+ Reaffirms Strategy as Saudis Extend Unilateral Oil Cut
A monitoring committee composed of the kingdom and other key OPEC+ nations recommended no changes to the coalition’s supply policy during an August 4 online meeting.
Saudi Arabia Extends 1M-Barrel Oil Cut, Says It Can Be Deepened
The leader of the Organization of Petroleum Exporting Countries (OPEC) will continue the cutback of 1 million barrels a day into September.
Ocean Yield Investing in Four LR1 Oil Tankers
The ships will be built with special duel-fuel engines that allow the vessels to use methanol as their main energy source.
Hanwha Ocean Secures LNG Carrier Order Worth Almost $260M
Hanwha won the contract from an undisclosed client based in Asia and will deliver the LNG tanker to the customer during the first half of 2027.
Extreme Weather Could Hurt the Globe's Sugar Supply
Since June 2023, sugar prices have risen by 42% year-on-year with more increases expected during the second half of the year due to ongoing shortages.
ExxonMobil in Talks with Car and Battery Makers to Create Lithium Supply Chains
The talks with potential buyers, such as Ford, Tesla, Volkswagen, Samsung and SK On, are still in the early stages.
Copper Hits Three-Month High Amid Demand Hopes, Supply Risks
Copper rose as much as 1.8% to $8,821 a ton on the London Metal Exchange, the highest level since April 21.
Sunak Defends U.K.'s Decision to Grant 100 North Sea Oil and Gas Licenses
Sunak said the decision to grant the licenses was the right thing to do, arguing that the choice aligns with the country’s net-zero emissions goals.
U.S. Automakers Turn to Domestic Sourcing for Innovative Battery Technology
The U.S. needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.
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