World’s top alumina supplier Australia bans exports to Russia
Australia, the world’s biggest exporter of alumina, announced a ban on shipments to Russia in a move that will add further pressure on aluminum giant…
FedEx slides after profit misses Wall Street’s expectations
FedEx Corp. shares tumbled after the company posted quarterly profit below Wall Street’s estimates, pressured by rising costs related to a U.S. labor shortage and…
US sanctions gold trader, one of Africa’s biggest refiners
The U.S. Treasury Department sanctioned Belgian gold trader Alain Goetz and his African Gold Refinery Ltd., one of the continent’s biggest processors of the metal,…
Halliburton is winding down Russia operations amid sanctions
Halliburton Co. said it’s winding down operations in Russia and will halt future business in the nation amid sanctions imposed in response to President Vladimir…
Mexico looks to suspend crude export cuts as prices rally
Mexico will most likely keep its crude oil exports at about 1 million barrels a day to take advantage of the recent price spike, temporarily…
Evergreen hires firm that saved the day at Suez to free ship
Evergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week,…
Georgia Center of Innovation Hosts 2022 Logistics Summit in Macon, Georgia
With goal of aiding Georgia businesses, Summit focused on impact of digital technologies, hiring
Lhyfe wins first Low-Carbon or Renewable Industry Prize at the 2022 Hydrogen Trophies
Lhyfe, a world pioneer and pure player in green renewable hydrogen production, yesterday won a 2022 Hydrogen Trophy at the Hydrogénies competition rewarding the most…
EIA projects that renewable generation will supply 44% of U.S. electricity by 2050
In our Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, we project that the share of U.S. power generation from…
Biden team hardens view of China tilting toward Putin on Ukraine
China’s muted response to Russia’s invasion of Ukraine has hardened views within the Biden administration that President Xi Jinping may be moving closer to supporting…
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