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Think Tank
Chemicals & Energy: Page 66
Russian Oil Logistics in Chaos Ahead of Looming Sanctions
A vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests, despite the harshest sanctions on Russian exports in history.
Why China Is Winning the Race for Dominance in EV Production
In the U.S., Tesla grabs most of the headlines about electric vehicle sales, followed by the major American automakers. But it’s China that’s racking up dominance in EV production globally.
How Carriers Can Lead the Charge on Transportation Emission Reductions
With the energy transition underway, decarbonization is top of mind for consumers, distributors, and investors alike.
Miners’ Losses Mount as Ports Strike Drags On in South Africa
The walkout by workers that began October 6 is costing shippers of iron ore, coal, chrome, ferrochrome and manganese about 815 million rand a day.
U.S. Shift on Child Labor May Scramble EV Sector
The Biden administration declared Oct. 6 that batteries from China may be tainted by child labor, a move that could upend the electric vehicle industry.
EV Makers Must Partner with Miners to Secure Key Metals
A key lithium producer in Australia is urging electric car manufacturers and battery makers to partner in new refinery projects, to avoid shortfalls of the material that’s crucial to the clean energy transition.
EU Agrees Windfall Tax on Energy Firms
The plan includes a levy on fossil fuel firms' surplus profits and a levy on excess revenues made from surging electricity costs. The cash raised is expected to go to families and businesses.
India Needs to Invest $10 Billion in Battery Cells for EV Demand
Cleaning up transport will help the world’s third-biggest emitter of greenhouse gases meet its target of becoming net carbon zero by 2070.
Granholm’s Call to Build U.S. Fuel Stockpiles Is a Losing Proposition
Diesel futures in New York are trading in the widest backwardation for this time of year in data going back to 2008, meaning the product in storage is losing value each day.
EU’s Ban on Russian Fuel to Spark a Jump in Global Tanker Demand
The European Union’s ban on Russian fuel imports is likely to actually increase the world’s need for oil tankers, according to vessel owner Torm A/S.
U.S. Set to Ship Record Crude Into 2023 as Energy Crisis Deepens
U.S. crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe.
U.K. Imports Zero Fuel From Russia for First Time on Record
The U.K. imported no fuel from Russia in June for the first time on record, with fuel imports falling by £499 million — or 100% — compared with the average for the previous 12 months to February.
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