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February 28, 2020
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Reuters - Business

China’s main manufacturing hubs reboot after virus shutdown

Reuters
BEIJING/SHANGHAI (Reuters) – As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours. FILE PHOTO: Traders buy and sell chips and components on......
Reuters - Business

Electric vehicle maker Rivian: expect prices lower than previously announced

Reuters
MILL VALLEY, California (Reuters) – Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced. The Rivian R1T all-electric truck is pictured......
Reuters - Business

U.S. OKs Kinder Morgan request to start Texas Lockridge natgas pipe work

Reuters
FILE PHOTO: A workman walks past steel pipe to be used in the oil pipeline construction of Kinder Morgan Canada’s Trans Mountain Expansion Project at a stockpile site in Kamloops, British Columbia, Canada May 29, 2018. REUTERS/Dennis Owen (Reuters) – The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday approved......
Reuters - Business

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere – sources

Reuters
SINGAPORE (Reuters) – China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said. FILE PHOTO: A man stands next......
Reuters - Business

U.S. clean energy investment hits new record despite Trump administration views

Reuters
LONDON (Reuters) – Clean energy investment in the United States surged to a fresh record of $55.5 billion last year, despite the government’s attempts to roll back supportive policies, a report showed on Thursday. FILE PHOTO: File photo: A wind farm is shown in Mojave, California, U.S., Nov 8, 2019.......
Reuters - Business

U.S. coal-fired power plants closing fast despite Trump’s pledge of support for industry

Reuters
(Reuters) – U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters. Power companies retired or converted roughly 15,100 megawatts (MW) of coal-fired electricity generation, enough......
Reuters - Business

Divergent paths: Oil, natural gas going different directions

Reuters
(Reuters) – The diverging fundamentals of U.S. oil and natural gas can be seen dramatically in the markets, where the oil-to-gas price ratio has surged to its highest in six years. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford/File Photo The oil-to-gas......

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