Newfoundland Crude Taking Rare Voyages
Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the staggered global demand recovery from the pandemic. For the second time this month, Continue Reading
Expat Americans Fly Home for Covid-19 Vaccination Shots
Frustrated by slow and uncertain vaccination drives around the world, some of the nine million Americans living abroad are coming home to get their Covid-19 shots. For many, the risks of Continue Reading
EPA GHG Inventory shows US GHG down 1.7% y-o-y in 2019, down 13% from 2005
The US Environmental Protection Agency (EPA) released its 28 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas Continue Reading
GM and LG Energy Solution investing $2.3B in second Ultium Cells manufacturing plant in US
Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, will invest more than $2.3 billion to build its second battery cell manufacturing plant in the United Continue Reading
US reliance on Russian oil hits record high despite souring ties
Highlights Russia has filled the gap left by US oil sanctions on Venezuela Bulk of imports include fuel oil products and feedstocks US refiners need Russian feedstocks to run secondary Continue Reading
U.S., Iranian Nuclear Negotiators Look for Ways to Untie Sanctions Knot
Negotiators for the U.S. and Iran, working to revive an international deal aimed at restricting Tehran’s atomic ambitions, are looking for ways to untangle a knot of interlocking American sanctions Continue Reading
Iran Threatens To Cut Nuclear Deal Talks Short ”If Not Constructive”
Iran is warning that it doesn’t plan to let nuclear negotiations “drag on” and has threatened to cut talks short if they are “not constructive” . The fresh warning from Continue Reading
As Interior becomes a battlefield for President Biden’s climate agenda, Sen. Joe Manchin III (D-W.Va.) weighs in
In the weeks after President Biden’s inauguration, as the oil industry was facing a far less welcoming White House, a ConocoPhillips executive went pheasant hunting with the Democratic senator poised Continue Reading
Recovery Quickens as U.S. Retail Sales Soar, Jobless Claims Ease
U.S. Jobless Claims Hit 13-Month Low, Retail Sales Surge Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast , Spotify or Continue Reading
With layoffs down and spending up, US rebound gains momentum
A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing Continue Reading