U.S. natgas producers seek to balance production cuts, demand rebound
(Reuters) – The longer natural gas prices stay lower in 2024 and drilling and related activity pulled back, the market could overshoot to both the downside and upside next year as it…
US contacts oil producers, refiners as gasoline prices rise
By Jeff Mason and Jarrett Renshaw WASHINGTON (Reuters) -The U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies at a time of rising gasoline prices, Jared…
Chinese titanium producers expect boost from new iPhone
BEIJING (Reuters) – China’s titanium producers said on Wednesday they expect stronger demand for the lightweight metal after the launch of a new model of Apple’s iPhone with a titanium shell. Production…
Italy’s food producers soften stance towards govt’s anti-inflation plan
By Giuseppe Fonte and Elisa Anzolin ROME (Reuters) – Italy’s government secured some cooperation from producers’ associations in its battle against rising prices, it said on Friday, though the last word on…
Explainer-Worker disputes at Australian LNG producers roil global gas market
By Sudarshan Varadhan and Lewis Jackson SINGAPORE/SYDNEY (Reuters) – Woodside Energy Group and U.S. major Chevron are locked in a dispute over pay and job security with about 700 workers at four…
Factbox: China’s major germanium and gallium producers
BEIJING (Reuters) – China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products, metals used in computer chips and other products, citing national security interests.…
Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal…
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below are details of…
Factbox-What have OPEC+ producers said ahead of June oil policy meeting?
LONDON (Reuters) – Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead of an OPEC+ oil policy meeting set to take place this weekend.…
Exclusive-Chinese lithium producers set price floor as demand evaporates -sources
By Siyi Liu and Dominique Patton BEIJING (Reuters) -China’s top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per tonne of lithium carbonate, six people familiar…
Major copper producers unveil plan to reach net zero emissions by 2050
MELBOURNE (Reuters) – A group of the world’s biggest copper producers said it aimed to slash direct and indirect greenhouse gas emissions to zero by 2050, in a move that could make…
Venezuelan liquor cocuy is winning awards, but producers face hurdles
By Keren Torres SIQUISIQUE, Venezuela (Reuters) – The international profile of cocuy, an artisanal Venezuelan liquor made from agave, is on the rise after the beverage captured top prizes at recent international…
‘Rust’ producers to pay $100,000 safety fine after shooting
By Andrew Hay (Reuters) – Producers of the Western movie “Rust” on Friday said they had agreed to pay a $100,000 civil fine for “serious” workplace safety breaches prior to the fatal…
U.S. gas producers skimped on price hedges and now face a reckoning
By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at gas producers as hedges – the industry’s version of price insurance –…
Czech car producers power industrial growth in 2022 to pre-pandemic levels
PRAGUE (Reuters) – Czech industrial output returned to pre-pandemic levels in 2022, growing 1.7%, data showed, mainly due to car production, which is likely to struggle this year from supply-chain bottlenecks. It…
Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022
Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022 John Hugh DeMastri on January 18, 2023 Wholesale prices dropped below investor expectations while still remaining high and…
Hungary imposes windfall tax on drug producers to plug budget gap
BUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and 2023, as it tries to plug holes in the state budget. According…
‘The Little Guys Get Swept Up’: Taxes In Senate Dems’ Climate Bill Threaten Independent Oil, Gas Producers
‘The Little Guys Get Swept Up’: Taxes In Senate Dems’ Climate Bill Threaten Independent Oil, Gas Producers Jack McEvoy on August 9, 2022 New taxes on energy firms in the Senate Democrats’…
Inflation Is Hitting Producers Even Worse Than Consumers, New Data Shows
Inflation Is Hitting Producers Even Worse Than Consumers, New Data Shows Jack McEvoy on July 14, 2022 Inflation measured by the Producer Price Index (PPI) reached 11.3% year-over-year in June, increasing by…
Ukraine rebases businesses from war front to shield vital producers
By Natalia Zinets KYIV – Oleg Averyanov’s factory produced fire trucks and employed 600 people until it was forced to halt operations and close its doors as a Russian invasion force poured…
Ukraine rebases businesses from war front to shield vital producers
By Natalia Zinets KYIV – Oleg Averyanov’s factory produced fire trucks and employed 600 people until it was forced to halt operations and close its doors as a Russian invasion force poured…
Top public lands producers decline U.S. House committee hearing on oil prices
By Liz Hampton, Valerie Volcovici and Timothy Gardner DENVER/WASHINGTON – U.S. oil companies with the most production on federal lands and waters are not planning to attend a congressional hearing next week…
U.S. shale oil and gas producers Oasis and Whiting in talks to merge – source
By David French – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon as this…
As world scrambles for oil, Canadian producers reluctant to spend on growth
By Nia Williams CALGARY, Alberta – The world is scrambling for oil after Russia’s invasion of Ukraine sent prices rocketing and upended global supply but producers in Canada, home to the world’s…
U.S. shale oil forecasts keep rising as smaller producers lead the way
By Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead output gains…
World’s Largest Plastic Producers Ask UN For Global Treaty To Curb Plastic Pollution
A coalition of the world’s largest producers and users of plastic led by Coca Cola and PepsiCo urged the United Nations to create a legally binding treaty addressing plastic pollution. The more…
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