65.35 F
New York
October 22, 2021

BMAT

EXCLUSIVE White House, top Democrats agree to boost carbon capture credit in budget bill -sources

Reuters
WASHINGTON, Oct 1 (Reuters) – The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden’s economic agenda, two sources with knowledge......

Mexico launches reform to put state in charge of power market

Reuters
Bill aims to concentrate regulatory power with state Bill seeks to reserve future lithium extraction for the state Lopez Obrador faces challenge getting law through Congress MEXICO CITY, Oct 1 (Reuters) – Mexico’s leftist government on Friday pitched a constitutional reform to bolster state control of the electricity market, seeking......

British gas pumps still dry, pig cull fears grow

Reuters
A worker guides vehicles into the forecourt as they queue to refill at a fuel station in London, Britain, September 30, 2021. REUTERS/Hannah McKay Many gas stations still closed – Reuters reporters Britain says crisis stabilising More than a quarter of gas stations dry Pig cull fears: farmers warn butcher......

REUTERS IMPACT China’s Huayou Cobalt seeks lithium as expands battery minerals portfolio

Reuters
Batteries for electric vehicles are manufactured at a factory in Dongguan, China September 20, 2017. REUTERS/Bobby Yip BEIJING, Sept 30 (Reuters) – Zhejiang Huayou Cobalt (603799.SS) is seeking to invest in lithium mining and processing, its executive vice chairman told Reuters, as China’s biggest cobalt refiner strives to expand its......

China power crunch slams factories as coal lobby warns woes could stay until winter

Reuters
SHENYANG, China, Sept 30 (Reuters) – Small firms caught in China’s prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing shrank in the world’s no. 2 economy. Beijing is scrambling to deliver more coal......

EXCLUSIVE The king of oil bets on batteries for a green world

Reuters
Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo Beard’s fund to invest in UK battery storage Batteries can cushion shocks and help power trading UK facing energy crisis LONDON, Sept 30 (Reuters)......

In Arizona, Rio Tinto CEO seeks ‘win-win’ for Resolution copper project

Reuters
A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray Sept 29 (Reuters) – A key Native American leader in Arizona declined to meet Rio Tinto Plc’s (RIO.L)(RIO.AX) chief executive this week, the latest roadblock in the mining......

Britain puts military on standby as panic buying leaves pumps dry

Reuters
Army tanker drivers to be deployed if needed Trucker shortage has hit supply chains Britain says will extend some HGV licences Industry says hopes situation will stabilise LONDON, Sept 28 (Reuters) – Britain put the army on standby to deliver fuel from Tuesday after an acute shortage of truckers triggered......

EXCLUSIVE Oil producer Hilcorp eyes purchase of shut Louisiana refinery -sources

Reuters
HOUSTON, Sept 24 (Reuters) – Houston-based oil producer Hilcorp (HILCO.UL) is evaluating Phillips 66’s (PSX.N) refinery in Alliance, Louisiana, for conversion into an oil export terminal, said four sources familiar with the matter, a move that would eliminate it as a source of motor fuels. Hilcorp, the largest privately owned......

Britain has 10 days to save Christmas, retail sector says

Reuters
Retail industry warns of significant disruption Queues form at some petrol stations – Reuters reporters Britain to boost HGV driver testing British ministers to meet on easing rules Hauliers: there is no quick fix LONDON, Sept 24 (Reuters) – Britain’s retail industry warned the government on Friday that unless it......

China scrambles to fix power crunch, tame runaway raw material markets

Reuters
BEIJING, Sept 24 (Reuters) – Roiled by widening power curbs that have disrupted industrial operations, Chinese commodity producers and manufacturers may finally be getting some relief. Beijing’s top economic planner, the National Development and Reform Commission, said on Friday it will work to resolve the power shortages that have plagued......

New WHO air-quality guidelines aim to cut deaths linked to fossil fuels

Reuters
WHO issues first air quality guidelines since 2005 Slashes recommended limits for emissions linked to fossil fuels Says air pollution threat to health alongside climate change Blames exposure to air pollution for 7 million deaths a year GENEVA, Sept 22 (Reuters) – The World Health Organisation (WHO) tightened its air......

Soaring gas prices ripple through heavy industry, supply chains

Reuters
LONDON, Sept 22 (Reuters) – Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers. Some......

Britain tells its food industry to prepare for CO2 price shock

Reuters
CO2 prices will rise sharply, minister says UK pays fertiliser maker CF to reopen plants Poultry plants would have closed, Britain says Iceland says 3-week deal will not save Christmas Poultry industry says turkey production will still fall LONDON, Sept 22 (Reuters) – Britain warned its food producers on Wednesday......

UK strikes deal for CO2 producer CF to restart operations

Reuters
A general view of the CF industries plant in Billingham, Britain September 20, 2021. REUTERS/Lee Smith LONDON, Sept 21 (Reuters) – Britain has struck a deal with CF Industries for the American company to restart the production of carbon dioxide (CO2) after soaring gas prices forced it to halt operations,......

British food industry demands government action over CO2 shortage

Reuters
LONDON, Sept 18 (Reuters) – Britain’s food industry called on the government to subsidise carbon dioxide (CO2) production during a spike in gas prices or risk the collapse of the country’s meat industries. A surge in gas prices has forced two British fertiliser plants to shut, stripping food producers of......

West African bloc resorts to sanctions over Guinea and Mali coups

Reuters
ACCRA, Sept 16 (Reuters) – West Africa’s main regional bloc on Thursday imposed sanctions against the junta in Guinea and those slowing Mali’s post-coup transition – its toughest response yet to a run of military takeovers. The move was agreed at an emergency summit of the Economic Community of West......

GM extends EV Bolt production halt to mid-October

Reuters
A close-up view of the Chevrolet Bolt electric vehicle logo is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam WASHINGTON, Sept 16 (Reuters) – General Motors Co (GM.N) said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October following a......

European stocks rise as travel shares jump on Ryanair forecast

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 15, 2021. REUTERS/Staff Travel & leisure stocks snap 4-day losing streak Continental slumps on Vitesco spin-off Weaker metal prices weigh on miners Sept 16 (Reuters) – European stocks rose on Thursday as travel......

Australia’s new US-UK security pact risks China trade

Reuters
A train loaded with iron ore travels towards the Rio Tinto Parker Point iron ore facility as an empty train leaves in Dampier at the Pilbarra region in western Australia April 20, 2011. REUTERS/Daniel Munoz//File Photo SYDNEY, Sept 16 (Reuters) – Australia’s new security pact with the United States and......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More