US points to $400 billion in climate subsidies US unveils rules to cut own methane output Major fossil firms pledge to cut emissions from own operations 56 countries commit to accelerating decarbonisation of industry

4 Hours Ago Chinese EV stocks rise; Xpeng quarterly results eyed Hong Kong-listed stocks of Chinese electric vehicle firms jumped in early afternoon trading. Shares of BYD, Nio, Xpeng and Li Auto rose between 2.47 . . .

WASHINGTON (November 6, 2023) — According to the American Chemistry Council (ACC), the Global Chemical Production Regional Index (Global CPRI) trended higher by 0.6% in September, following a revised 0.6% gain in August. In the U.S., the U.S. Chemical Production Regional Index (U.S. CPRI) was flat in September, following a 0.8% gain in August. Both […]

LONDON, Oct 3 (Reuters) – U.S. crude oil production increased again in July and neared the pre-pandemic record, showing output has remained more resilient than expected in the face of a steep downturn in drilling. Total production of crude oil and condensates increased to 12.99 million barrels per day (bpd) in July 2023, which was […]

LONDON, Sept 1 (Reuters) – U.S. crude oil production increased again in June and is nearing the record high set before the pandemic, but the pace of growth is slowing as the industry responds to the fall in prices since the middle of 2022. Total crude and condensates production rose to 12.8 million barrels per […]

A sign board is seen near the Sibanye gold mine in Westonaria, west of Johannesburg, April 6, 2016. REUTERS/Siphiwe Sibeko Acquire Licensing Rights Aug 18 (Reuters) – South Africa’s Sibanye Stillwater

KYIV, Ukraine — Russia’s defense chief on Tuesday urged a state company to double its missile output, as a possible Ukrainian counteroffensive looms and both sides in the 14-month war reportedly feel an ammunition crunch. Russian Defense Minister Sergei Shoigu, speaking at a meeting with top military brass, said the state-owned Tactical Missiles Corporation had […]

Retail sales fall 1.0% in March; February drop trimmed Core retail sales slip 0.3%; February unrevised Manufacturing production falls 0.5% Import prices fall 0.6%; drop 4.6% year-on-year

The most notable push for “friend-shoring,” the IMF says in its report, is seen in the series of recent bills adopted against the backdrop of rising tensions between the U.S. and China. The IMF warns emerging markets are more vulnerable to the shift in foreign investment stemming from geopolitical divides as “they rely more on […]

April 3 (Reuters) – U.S. natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal units (mmBtu) for the second time this year, even as some producers have cut drilling to stave off further convulsions. Since the start of the year, U.S. gas futures have collapsed by about […]

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