Category: energy

Apr 28

Red Sea Diversions Spew Carbon Emissions Equal to 9 Million Cars

Article content (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons of carbon, making it tougher for companies using ocean freight to reduce pollution across their supply chains.  Instead of passing through Egypt’s Suez Canal, hundreds of vessels since mid-December are sailing […]
Apr 28

Next US LNG Export Plant Aims to Begin Production in Mid-2024

Article content (Bloomberg) — Venture Global LNG Inc. expects to begin production at its second liquefied natural gas export facility in Louisiana in mid-2024, further cementing to the US as the world’s biggest supplier of the super-chilled fuel. The Arlington, Virgina-based company requested approval to receive an LNG shipment to cool down its equipment as […]
Apr 27

AI Boom’s Secret Winners? The Companies Expected to Power It

Breadcrumb Trail Links PMN Business Investors looking for a unique way into the stock market’s artificial intelligence boom are finding an intriguing bank shot in what’s traditionally the most boring corner of the equities universe: utilities. Author of the article: Bloomberg News Natalia Kniazhevich Published Apr 27, 2024  •  5 minute read Source: McKinsey Source: […]