Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Tom Krisher Published Jan 04, 2023 • 3 minute read Join the conversation FILE – A row of new Ford Fusions are for sale on the lot at Butler County Ford in Butler, Pa., Nov. 19, 2015. A shortage of computer chips and … Read more
Chinese battery manufacturers have extended their dominance over global supply, with the top two producers reaching a combined market share of 50 per cent, and leaving South Korean and Japanese rivals lagging behind. CATL, supplier to carmakers including Tesla and Volkswagen, more than doubled battery sales to 165.7 gigawatt hours in the 11 months to … Read more
Sky_Blue Tokyo Gas (OTCPK:TKGSF) (OTCPK:TKGSY) is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from P-E firm Quantum Energy Partners in a deal worth ~$4.6B including debt, Reuters reported late Tuesday. The all-cash deal with Houston-based TG Natural Resources, which is 70% owned by the Japanese company, likely will be announced this … Read more
To trace the activities along the supply chain more efficiently, concerned parties can access price, date, origin, quality, certification, destination and other pertinent information using blockchain. Traceability, as used in the supply chain sector, is the capacity to pinpoint the previous and current locations of inventory and a record of product custody. It involves tracking … Read more
One of the United States’ largest rail unions rejected a deal with freight companies and, after a cooling-off period that expires on December 9, the country could see a rail strike that could collapse its supply chain ahead of the holiday season. The cost to the US economy could be about $2 billion per day … Read more
Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests. Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals. Major exchanges see record BTC withdrawals With FTX contagion still in the air, exchange users have been busy … Read more
File image of a pressure gauge for gas lines for representative purpose. | Photo Credit: AFP Russia does not plan to supply oil and gas to countries supporting a price cap on Russian oil, the Kremlin said on Thursday, but will make a final decision once it analyses all the figures. The G7 is looking … Read more
QatarEnergy chief Saad al-Kaabi told Reuters on Monday the firm signed a 27-year sales and purchase agreement with China’s Sinopec, the longest in the history of liquefied natural gas (LNG) deals. “Today is an important milestone for the first sales and purchase agreement for North Field East project, it is 4 million tonnes for 27 … Read more
Saad Sherida al-Kaabi, right, Qatar’s Minister, and Patrick Pouyanne, CEO of French energy group TotalEnergies CEO, shaking hands in Doha on Saturday. The $1.5 billion-worth investment in Qatar’s natural gas production expansion, comes as Europe scrambles to find new sources to replace Russian supplies. QatarEnergy announced a 27-year natural gas supply deal with China on … Read more
Breadcrumb Trail Links PMN Business Truckers in South Korea are planning to go on strike for a second time this year, threatening again to disrupt global supply chains for everything from automobiles to fuel. Author of the article: Bloomberg News Ann Koh and Heejin Kim Publishing date: Nov 21, 2022 • 7 minutes ago • 2 … Read more