Stryten Plans to Add 10 GW of Battery Manufacturing Capacity
As part of the plan, Stryten said it also will increase domestic processing capacity of recycled plastic from spent batteries.
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Woodside Awards SLB Drilling Contract for Project Offshore Mexico
SLB will deliver 18 ultra-deepwater wells for Woodside Energy’s Trion ultra-deepwater project starting in early 2026.
Washington Tells Repsol its License in Venezuela to be Revoked
U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain’s foreign minister promised to defend Repsol’s interests. President Donald Trump’s administration told Repsol it had until May 27 to wind down its operations in the Southern American …
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As ‘Buy Canadian’ Grows, More US Companies Say Retailers Turning Away Their Products Because of Trump
The “Buy Canadian” movement is sending new ripples of concern through the executive offices of U.S.-based consumer companies that banked on selling their products on Canadian retail shelves. California-based diaper maker Parasol Co had been working since January with a distributor to expand the sale of its diapers and baby wipes to new retailers in …
Is it Just Another Trump Bluff? – Oil Markets Wait to See if Trump’s Russian Oil Tariff Threat is a Bluff
Summary • Trump, mad at Putin, threatens tariffs on buyers of Russian oil • Market would look for OPEC response to any drop in Russian supply, analysts say (Reuters) – Oil markets rose on Monday after U.S. President Donald Trump threatened to hit buyers of Russian oil with tariffs, although gains were muted as traders …
Oil Prices Steady as Investors Await Trump’s Actions on Russian Oil and Iran
Summary • Oil prices steady, reversing earlier session losses • Trump warns imposing secondary tariffs on Russian oil buyers • Trump threatens Iran with bombing along with further tariffs March 31 (Reuters) – Oil prices held steady on Monday as investors adopted a cautious, wait-and-see stance after U.S. President Donald Trump threatened to impose secondary …
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US to Revoke Authorizations to Foreign Partners of Venezuela’s PDVSA
The U.S. government has notified foreign partners of Venezuela’s state oil company PDVSA of the imminent cancellation of authorizations that allow them to export Venezuelan oil and byproducts, sources close to the decision by President Donald Trump’s administration said on Saturday. In recent years, former President Joe Biden’s administration granted the authorizations to secure Venezuelan …
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Markets in Q1: Everything’s been Trumped!
Most investors knew things could turn turbulent this year given U.S. President Donald Trump’s return to power in the world’s biggest economy and financial market, but few predicted the kind of a rodeo ride it has been so far. Scan the surface and world stocks are almost where they started the year, while volatility gauges …
US regulators Issue Preliminary Environmental Support for Rio Grande LNG
The Federal Energy Regulatory Commission issued a preliminary decision on Friday supporting environmental approval for NextDecade’s Rio Grande LNG project in southern Texas. In August, a Washington, D.C. Circuit court quashed the regulator’s approval for the plant at the Port of Brownsville, Texas, saying it failed to issue a supplemental Environmental Impact Statement on …
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Trump Threatens Bombing if Iran Does not Make Nuclear Deal
U.S. President Donald Trump threatened Iran on Sunday with bombing and secondary tariffs if Tehran did not come to an agreement with Washington over its nuclear program. In Trump’s first remarks since Iran rejected direct negotiations with Washington last week, he told NBC News that U.S. and Iranian officials were talking, but did not elaborate. …
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