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Ranked: Top 10 Countries by Value of All Their Natural Resources

By Bruno Venditti | Graphics/Design: Sam Parker Ranked: Top Countries by Natural Resource Value This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Natural resources are the backbone of modern manufacturing, necessary to produce everything around us. According to 2021 data …

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Icahn Enterprises Seeks to Boost Stake in Refiner CVR Energy

By Sourasis Bose and Srivastava Vallari Nov 8 (Reuters) – Icahn Enterprises (IEP.O), headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in Texas-based refiner CVR Energy (CVI.N) to 81.3%. The investment company, which already owns about 66.3% of CVR Energy, said it wants to …

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US Refiners Hold Output at High Levels as Fuel Inventories Sag

By Erwin Seba Gasoline stocks at two-year low have refiners increasing runs CVR, Valero increase fourth quarter utilization rates HOUSTON, Nov 8 (Reuters) – U.S. oil refiners this quarter expect to run their plants at above 90% of their crude processing capacity on low inventories and improving demand for gasoline and diesel, executives and industry …

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EU May Consider Replacing Russian LNG Imports With Those From US, Von Der Leyen Says

(Reuters) – The European Union could consider replacing Russian liquefied natural gas (LNG) imports with those from the United States, European Commission President Ursula von der Leyen told reporters on Friday. “We still get a lot of LNG from Russia and why not replace it by American LNG, which is cheaper for us and brings …

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Trump-Led Oil & Gas Export Boom May Go Bust in Europe Trade Spat

(Reuters) – Oil and gas producers in the United States expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their wares may be the bigger challenge. Producers expect the new administration to streamline permit processes relating to fossil fuel …

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Oil Prices Fall More Than 1% as Hurricane Rafael Risk Recedes

(Reuters) – Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors also weighed up fresh Chinese economic stimulus. Brent crude oil futures lost $1.17, or 1.55%, to $74.46 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude …

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U.S. Green Power Demand Expected to Grow Regardless of Election Outcome

Summary Orsted flags higher costs at US offshore wind project Vestas shares drop after profit margin warning Both say green power demand to grow despite election outcome Harris supports offshore wind; Trump has vowed to scrap projects Orsted’s Q3 operating profit fell 14% (Reuters) – Demand for green power in the United States will grow …

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U.S. LNG Developers See Trump Win Lifting Pall Over Expansions

Summary Energy and LNG executives express relief at Trump’s election win Expect regulations will ease under new administration Environmental groups promise fight to block LNG expansion (Reuters) – U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans. Their …

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