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Chemicals & Energy: Page 52

TSMC Postpones Starting Production at Its Arizona Factory

The organization said that it will not be able to begin manufacturing chips in 2024, as originally planned, due to a skilled worker shortage.

Photo: iStock.com/PonyWang

Egypt Plans to Resume LNG Exports this Fall, Minister Says

The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.

Photo: iStock.com/Автор

Tata Group to Build Battery Gigafactory in the U.K.

Tata will invest over £4 billion ($5.15 billion) to build the battery cell gigafactory factory, which is expected to create up to 4,000 jobs.

Photo: iStock.com/PhonlamaiPhoto

Costa Rica Forms Semiconductor Partnership with the U.S.

The U.S. Department of State said the two countries will explore opportunities to diversify and expand the global semiconductor market.

Photo: iStock/kynny

Japan to Propose Global Natural Gas Reserve to Avoid Shortages

The Japanese government will suggest that the International Energy Agency create a gas stockpiling framework for its member nations.

Chiba Prefecture, Japan. December 2021. Photo: Kiyoshi Ota/Bloomberg

How the U.S. and EU Hope to Loosen Asia’s Grip on the Global Semiconductor Market

The U.S. and Europe will need to stimulate more innovation and reward manufacturers if they hope to loosen Asia's grip on the global semiconductor market.

Photo: iStock.com/Mykola Pokhodzhay

Japan and Saudi Arabia Expected to Agree on Rare-Earth Investment Deal

A deal is expected between Japan’s Ministry of Economy, Trade and Industry, the Japan Organization for Metals and Energy Security and Saudi Arabia’s Ministry of Industry and Mineral Resources.

Photo: iStock.com/RHJ

Venture Global Delays Contracted LNG Shipments Until End of 2024

The company has reportedly revised the start of contract cargoes from its Calcasieu Pass LNG plant to late 2024, extending a previous delay by almost a year.

Wilhelmshaven, Germany. July 2022. Photo: David Hecker/Getty Images/Bloomberg

Iranian Ship Seized by Indonesia Under Suspicion of Illegal Oil Transfer

The Iranian-flagged vessel was apprehended July 7 while carrying out the illegal transshipment of oil to a Cameroonian tanker inside of Indonesia’s exclusive economic zone.

Photo: iStock.com/ricardoreitmeyer

Deep Sea Mining Threatens $5.5bn Tuna Industry, Study Finds

The biomass of bigeye, skipjack and yellowfin tuna species will increase by an average of 21% by mid-century in the Clarion-Clipperton Zone, a region targeted for deep-sea mining.

Photo: Pau Barrena/AFP/Getty Images/Bloomberg

Many Human Rights Violations Reportedly Found in Critical Mineral Supply Chains

Between January 2021 and December 2022, 102 allegations of abuse were linked to Chinese companies’ overseas investments in the transition minerals sector

Photo: iStock.com/Sunshine Seeds

Saudi Arabia Hikes Its Oil Prices as Supply Cuts Extended

Saudi Aramco raised the prices of all grades to the U.S., northwest Europe and the Mediterranean, compared with July 2023, according to a price list seen by Bloomberg.

Photo: iStock.com/azatvaleev

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