Category: energy

Mar 3

Uranium Firms Revive Forgotten Mines as Price of Nuclear Fuel Soars

Breadcrumb Trail Links PMN Business Across the US and allied countries, owners of left-for-dead uranium mines are restarting operations to capitalize on rising demand for the nuclear fuel. Author of the article: Bloomberg News Jacob Lorinc and Maria Clara Cobo Published Mar 03, 2024  •  3 minute read Join the conversation Barrels stored at the […]
Mar 2

Haley Gets First Senate GOP Endorsements From Murkowski, Collins

Article content (Bloomberg) — Lisa Murkowski and Susan Collins backed Nikki Haley’s bid for the White House, delivering the long-shot Republican contender her first endorsements from sitting US senators days before voters hit the polls on Super Tuesday. Alaska’s Murkowski endorsed Haley in a statement Friday, saying she had the “right values, vigor, and judgment […]
Mar 2

US Steel Takeover’s Fate May Hang on the Words of a Union Boss

Breadcrumb Trail Links PMN Business David McCall has a once-in-a-generation opportunity to do right by America’s industrial workers, and he’s ready to seize the moment. Author of the article: Bloomberg News Joe Deaux Published Mar 02, 2024  •  9 minute read Join the conversation Article content (Bloomberg) — David McCall has a once-in-a-generation opportunity to […]
Mar 1

Pennsylvania Governor Urges Biden to Keep Natural Gas Export Pause Limited

Breadcrumb Trail Links PMN Business Democratic Pennsylvania Governor Josh Shapiro said the Biden administration’s recent halt in liquefied natural gas export licenses should be limited in time, stopping short of outright criticizing a pause that could undermine job creation in a state that’s relying on energy to drive growth. Author of the article: Bloomberg News […]
Feb 28

Petrobras CEO Says Green Energy Shift Means Caution on Blockbuster Dividends

Breadcrumb Trail Links PMN Business Latin America’s biggest oil company will be more cautious about issuing blockbuster dividends as it moves to become a renewable energy powerhouse, Petrobras Chief Executive Officer Jean Paul Prates said in an interview. Author of the article: Bloomberg News Mariana Durao and Peter Millard Published Feb 28, 2024  •  3 […]
Feb 27

South Africa Says Emissions Will Fall Even as It Delays Closing Coal Plants

Article content (Bloomberg) — South Africa’s presidency, which is overseeing the deployment of $9.3 billion in climate finance, said it’s confident the country will meet its greenhouse gas emission reduction targets even as its keeps coal-fired plants open.  South Africa won the funding from some of the world’s richest nations in a deal announced in […]
Feb 26

Investors flee tumbling EV upstarts once hailed as ‘next Tesla’

Breadcrumb Trail Links Investor Energy Electric Vehicles Shares of Rivian, Lucid well off their peaks Author of the article: Bloomberg News Esha Dey Published Feb 26, 2024  •  4 minute read Join the conversation A Rivian electric vehicle sits in a lot at a Rivian facility in Chicago. Rivian’s stock plummeted more than 25 per […]