Category: energy

Jul 20

US Federal Agencies Hit in Outage Caused by CrowdStrike Glitch

Breadcrumb Trail Links PMN Business US federal agencies were among those reeling from a massive technology outage Friday after a flawed software update by CrowdStrike Holdings Inc. disrupted global computer networks. Author of the article: Bloomberg News Jamie Tarabay and Jake Bleiberg Published Jul 19, 2024  •  3 minute read Representative Michael McCaul, a Republican […]
Jul 19

How American Pension Funds Help Vladimir Putin’s Gas Gambit

Breadcrumb Trail Links PMN Business US workers have indirectly invested in the highly specialized ice-class carriers serving Russia’s Yamal LNG Author of the article: Bloomberg News Natasha White and Stephen Stapczynski Published Jul 19, 2024  •  4 minute read rx56}c2knq6]u43k47qqt[}6_media_dl_1.png PitchBook, Bloomberg Article content (Bloomberg) — Russia needs to ramp up liquefied natural gas exports to replenish Kremlin coffers and fund its war […]
Jul 16

PepsiCo Signs Fertilizer Deal With Yara to Cut Food Emissions

Article content (Bloomberg) — PepsiCo Inc. struck an agreement with fertilizer giant Yara International ASA to secure lower-emission crop nutrients for farmers it buys from in Europe, as food and beverage companies push to become greener. Yara will initially mostly supply PepsiCo farmers with traditional products made using natural gas, but plans to boost volumes […]
Jul 14

Saudi Arabia Crown Prince’s Transformation Stress-tests Economy and Stretches Petrowealth

Breadcrumb Trail Links PMN Business Saudi Arabia faces the most precarious moment yet of its economic reinvention. Author of the article: Bloomberg News Abeer Abu Omar Published Jul 14, 2024  •  5 minute read b{virrqb}bz}9uhsb8o5a4(n_media_dl_1.png Bloomberg Article content (Bloomberg) — Saudi Arabia faces the most precarious moment yet of its economic reinvention. Eight years after […]
Jul 13

Workers Are Missing From Starmer’s Plan to Spur UK Housebuilding

Breadcrumb Trail Links PMN Business Prime Minister Keir Starmer’s promise to “get Britain building again” will quickly face a shortage of skilled workers in the very industries he’s hoping will power the turnaround. Author of the article: Bloomberg News Irina Anghel Published Jul 13, 2024  •  6 minute read bmfuk5kgk4i)krqo8(utjemm_media_dl_1.png Office for National Statistics, Article […]
Jul 13

Le Pen-Bashing Greens Leader Grabs Spotlight in French Turmoil

Breadcrumb Trail Links PMN Business In French politics, the passionate leader of the Green Party is known as “the other Marine” for her opposition to Marine Le Pen, and she’s now stealing a march on her far-right namesake. Author of the article: Bloomberg News Tara Patel Published Jul 13, 2024  •  4 minute read t35lbfk4gxr2cnq7[]a46b69_media_dl_1.png […]