Category: energy

Nov 24

Trump Victory Forces Once Vocal Corner of Wall Street to Regroup

Breadcrumb Trail Links PMN Business Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points. Author of the article: Bloomberg News Frances Schwartzkopff Published Nov 24, 2024  •  3 minute read The Environmental Protection Agency headquarters in Washington, DC. Photographer: Stefani Reynolds/Bloomberg Photo by […]
Nov 24

US Agency Conducting Due Diligence on Adani’s Sri Lanka Project

Article content (Bloomberg) — A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives. The US International Development Finance Corp. hasn’t reached a final […]
Nov 24

Egypt Reviewing LNG Import Needs as Domestic Power Demand Dips

Article content (Bloomberg) — Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending. The North African nation’s decision to not receive the cargoes came amid efforts in “updating production and consumption models according […]
Nov 19

Why Being Climate ‘Positive’ Is the Buzzy New Goal of Green Building

Breadcrumb Trail Links PMN Business Architects and developers are reaching beyond net zero, designing structures they hope do more good for the environment than bad. But determining whether that’s true is far from easy. Author of the article: Bloomberg News Olivia Rudgard Published Nov 19, 2024  •  7 minute read Article content (Bloomberg) — The three […]
Nov 18

Northern Ontario First Nation votes yes in referendum on possible nuclear waste site

Article content A northern Ontario First Nation has decided it is willing to continue with the process to potentially become host to a deep geological repository for Canada’s nuclear waste. The Nuclear Waste Management Organization plans to select a site this year where millions of bundles of used nuclear fuel will be placed in a […]
Nov 18

Trafigura Paid Bribes Via ‘Mr. Non-Compliant,’ Swiss Prosecutors Say

Breadcrumb Trail Links PMN Business Trafigura Group was accused by Swiss prosecutors of channeling bribes to an Angolan official through a network of former employees, including one nicknamed “Mr. Non-Compliant” by the company’s late founder. Author of the article: Bloomberg News Hugo Miller, Jack Farchy and Archie Hunter Published Nov 18, 2024  •  6 minute […]