The Federal Trade Commission will crack down on practices that may harm consumers at the gasoline pump and seek to deter “unlawful” mergers in the oil and gas industry, FTC Continue Reading
Hurricane Ida could cost insurers at least $15 billion, according to one of the earliest estimates, as analysts start assessing the damage from one of the most powerful storms to Continue Reading
Highlights Colonial Lines 1 and 2 were closed ahead of Ida More than 2 million b/d of oil refining capacity offline More than 1 million electricity customers without power Colonial Continue Reading
Refineries clustered around the city of New Orleans, Louisiana, are taking stock and assessing the impact Hurricane Ida had on their plants and surrounding infrastructure, with nearly 75% of Louisiana Continue Reading
Most of New Orleans went dark on Sunday after Hurricane Ida took out transmission lines and forced power plants offline. It was an all too familiar scene in a city that has Continue Reading
Highlights Naphtha, grains, LNG shipments delayed Jet fuel trade flows may increase Clean tanker freight supported Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall Continue Reading
Aug LPG loadings for Asia seen holding at 3.7 mil mt Sep US LPG loadings seen around 4 mil mt Propane premium to butane narrows to $1/mt LPG cargo loadings Continue Reading
Channel surveys underway, expected to take one-two days Floodgate closures stall rail operations Coal carriers remained moored Aug. 30 in the New Orleans region as Hurricane Ida forced closures of Continue Reading
The US Department of Energy’s Oak Ridge National Laboratory (ORNL) has licensed its high-power wireless charging technology for electric vehicles to HEVO. The system provides the world’s highest power levels Continue Reading
Higher energy prices pushed Germany’s annual inflation to a 13-year high in August, as household energy, motor fuels, and food prices jumped, preliminary data showed on Monday. Germany’s harmonized index Continue Reading
