Researchers see negative impacts across the board, but some countries and industries are far more exposed. Solar and onshore wind should fare better. One set of US President Donald Trump’s tariffs went into effect on Saturday. The rest are due to begin Wednesday. Stock markets around the world have taken a nosedive, with some indices cratering even …
Clean Energy Already Has Big Trade Barriers. Now Comes Trump Read More »
Summary U.S. accounted for 62% of China LPG, ethane imports in 2024 While China accounted for a third of U.S. LPG, ethane exports Trade war likely to lead to sharp drop in shipments LONDON, April 7 – The often overlooked yet rapidly expanding petrochemical feedstock trade between the United States and China could become one …
China-US Blossoming Petchem Ties Could Be trade War Casualty Read More »
Investment firm Stonepeak purchased a 40% interest in a project Australia’s Woodside Energy bought last year for $900 million.
(Reuters) – Shell lowered its first-quarter liquefied natural gas (LNG) production outlook in a trading update on Monday, citing the impact of bad weather in Australia, before it publishes results on May 2. The British company guided for LNG output to reach between 6.4 million and 6.8 million metric tons, down from a previous forecast …
Shell Lowers First-Quarter LNG Production Outlook Read More »
Summary • Utilities face challenges predicting future power demand for data centers • Tech companies seek multiple bids, complicating demand forecasts • Rising costs and AI advancements may reduce future power needs NEW YORK, April 7 (Reuters) – U.S. electric utilities are fielding massive requests for new power capacity as Big Tech scours the country …
US Utilities Grapple with Big Tech’s Massive Power Demands for Data Centers Read More »
(Reuters) – Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump’s administration. Offshore wind was a key pillar of former President Joe Biden’s promise that fighting climate change will create jobs and invigorate the economy. In 2023 …
US Offshore Wind Farm Projects Slow as Trump Opposition Adds to Hurdles Read More »
Stock markets in the Gulf fell sharply on Sunday as U.S. President Donald Trump’s drastic trade tariffs and countermeasures from China stoked fears of a trade war and the prospect of a global recession.China’s finance ministry said on Friday it will impose additional 34% tariffs on all U.S. goods from April 10 as a countermeasure …
Gulf Bourses Sink as Recession Worries Sparked by US Tariffs Mount Read More »
Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump’s sweeping import levies keeping investors on edge after the worst week for U.S. stocks since the onset of the coronavirus crisis five years ago.Investors will look for signs the stock market may be close to at least a short-term bottom …
Wall Street Week Ahead – Shell-Shocked Markets Brace For More Trump Tariff Tumult Read More »
You’re invited to join Presto Geosystems for a live, 1-hour webinar to explore how the GEOWEB® Soil Stabilization System can strengthen infrastructure resilience for your road, highway, and bridge projects. Webinar Description Infrastructure development for highways and road corridors faces many challenges when it comes to project design and construction. Building asphalt or concrete roadways …
Webinar: Stabilization Solutions for Roads, Highways & Bridges Read More »
Investment bank JPMorgan said it now sees a 60% chance of a global economic recession by year-end, up from 40% previously.
