Article content (Bloomberg) — David McCormick, the former Bridgewater Associates chief executive officer, will likely seek the Republican nomination for US Senate in Pennsylvania, the Associated Press reported Thursday. He would be looking to take the seat now held by Bob Casey, a three-term Democrat and son of a former governor, as Republicans aim to […]
Article content (Bloomberg) — Liquefied natural gas workers at key Chevron Corp. sites in Western Australia have begun ramping up a campaign of industrial action in a dispute that has roiled global energy markets. Staff started a program of escalated action Thursday after beginning partial strikes on Sept. 8, a union official confirmed. Chevron has […]
Article content (Bloomberg) — Fires burning across most Canadian provinces and territories since May have released 410 million metric tons of carbon dioxide into the atmosphere, roughly the equivalent of Mexico’s emissions in 2021. Canada’s wildfires have contributed 27% of the total wildfire carbon emissions for 2023, according to observation agency Copernicus. By comparison, Canada’s […]
Article content PHNOM PENH, Cambodia (AP) — Cambodian Prime Minister Hun Manet headed to Beijing on Thursday on his first official trip abroad since taking office last month in a demonstration of his country’s warm relations with China, its closest political and economic ally. He is expected to meet Chinese leader Xi Jinping and other […]
Article content TOKYO (AP) — Japanese Prime Minister Fumio Kishida is shuffling his Cabinet and key party posts Wednesday in an apparent move to strengthen his position before a key party leadership vote next year. It’s the second Cabinet shuffle since Kishida took office in October 2021 when he promised fairer distribution of economic growth, […]
Breadcrumb Trail Links PMN Business The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa, and expanding in other forms of energy. Author of the article: Bloomberg News Anthony Di Paola Published Sep 12, 2023 • 3 minute […]
Breadcrumb Trail Links PMN Business Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying. Author of the article: Bloomberg News Annie Lee Published Sep 12, 2023 […]
Breadcrumb Trail Links PMN Business The abrupt resignation of BP chief Bernard Looney marks the loss of an executive who pushed for a transition to clean energy more aggressively than any of his industry peers, with mixed results. Author of the article: Bloomberg News Laura Hurst Published Sep 12, 2023 • 4 minute read Join […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Illia Novikov Published Sep 11, 2023 • 4 minute read Join the conversation Article content KYIV, Ukraine (AP) — The Ukrainian military said Monday that it recaptured strategic gas and oil drilling platforms from Russia in the Black Sea and claimed gains in […]
Article content (Bloomberg) — South Korean battery maker LG Energy Solution Ltd. is considering an expansion of its production in the US in a bid to triple sales from energy storage systems, according to a senior executive. LG is reviewing further investment in the US, after unveiling a $2.3 billion spending plan in March to […]