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Chemicals & Energy: Page 72

Energy Firms Snap Up Russian Gas as Europe Seeks Alternatives

European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: energy companies are buying more as the war rages in Ukraine.

Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.

Utilizing the Power of Data and Advanced Analytics in Oil and Gas Supply Chains

Digitization has brought forth the next spurt of growth for the oil and gas industry.

Wild Commodity Swings Signal Risk of Shortages in Ukraine Attack

Wild price swings underscore just how sensitive commodity markets are to any possible disruptions to supplies.

Wheat kernels in a field. Photo: Pexels.

What’s at Stake for Global Economy as Russia Standoff Escalates

A world economy that’s still recovering from COVID-19 faces new risks as the standoff between the West and Russia escalates.

Oil drums containing lubricant oil sit on a conveyor belt as they are prepared for shipping at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia. Photo: Bloomberg.

Biden Pledges $35 Million to Boost U.S. Rare Earth Extraction

President Biden announced the U.S. will give $35 million to MP Materials Corp. to process heavy rare earth elements in Southern California as part of a bigger push to challenge foreign dominance in a critical field.

A truck with raw ore at open-pit mine in California. Photo: Bloomberg.

'These Waters Are Hot': U.S. Auction Opens Up Offshore Wind Rush

When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated Wednesday, when two dozen companies compete to bid on lease areas off the coasts of New York and New Jersey as the scramble to decarbonize the nation’s electric grid heats up.

Wind turbines at an offshore wind farm. Photographer: Shutterstock.

Soaring Diesel and Gasoline Prices Are Bleeding Into Shipping

The cost of marine fuel is up 23% since the beginning of the year.

Shipping containers sit on the deck of cargo ship One Crane, docked at the Port of Rotterdam, in Rotterdam, Netherlands. Photo: Bloomberg.

Unethical Firms Risk Massive Bills in EU Supply Chain Crackdown

Global firms from mining to fashion risk massive compensation payouts in a proposed European Union crackdown on human-rights abuses and environmental breaches set to be unveiled this week.

A close-up view of garments hanging in a store. Photo: Canva.

Net-Zero Plans of the Biggest Global Companies Don't Add Up

What do Unilever, Google and Amazon have in common? Their net-zero promises do not add up to net zero, a new report says.

A dead giant sequoia tree after a wildfire in Sequoia National Forest, California. Photo: Bloomberg.

Americans Face Record Metals Prices as Shipping Costs Surge

Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.

Fiber optic cables, center, and copper Ethernet cables feed into switches inside an office communications room. Photo: Bloomberg.

Texas Deep Freeze Will Bring a Fresh Test to Power Grid

Texas is facing an Arctic blast this week that threatens to leave Dallas blanketed in snow, freeze oil and natural gas production areas and will test the state’s power grid.

Power lines stretch over a snow-covered landscape. Photo: Getty.

Clean Energy Shift Doesn't Threaten Saudi Arabia's Oil Empire

Most transportation today relies on hydrocarbon fuel sources. And despite dreams of a green energy revolution, that’s not likely to change in the near future, according to one of America's foremost experts on Saudi Arabia.

The skyline in Riyadh, Saudi Arabia, is pictured at night. Photo: Getty Images.

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

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