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Industry News

Trump tariffs threaten big shift to corn as inputs get pricier

(MSN) - President Donald Trump’s slew of tariffs means American farmers may not make that big shift to corn after all.

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Trump EPA begins rolling back Biden electric vehicle 'mandate' in 'biggest day of deregulation in American history'

(MSN) - President Trump’s Environmental Protection Agency began the process Wednesday of rescinding vehicle fuel efficiency standards that Republicans have called a de facto “electric vehicle mandate,” The Post has learned.

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Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

(MSN) - The deeply integrated North American oil and gas market stands at crossroads, with Canada's largest oil producer warning that it will diversify its exports away from the United States if President Donald Trump's tariff threats do not end.

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A breakdown of major EPA deregulatory moves around water, air, climate

(MSN) - Environmental Protection Agency Administrator Lee Zeldin on Wednesday announced nearly three dozen deregulatory moves that he said would spur the U.S. economy by rolling back rules that have unfairly burdened industry. Many of the moves would affect landmark regulations aimed at protecting clean air and water.

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House Republican support grows for keeping clean energy tax breaks

(Politico) - A growing number of House Republicans are urging the party to preserve the clean energy tax credits in Democrats’ climate law — and warning they may oppose the party’s budget bill if those incentives get axed.

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Coromandel International doubles the sulphur manufacturing capacity in Visakhapatnam to 50,000 MT

(Hans India) - Coromandel International Limited, one of India’s leading agri-solutions providers, has inaugurated its second Sulphur manufacturing plant at its Visakhapatnam facility in Andhra Pradesh.

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Why are miners diversifying into metals and minerals recycling?

(MSN) - South African-based mining company Sibanye-Stillwater is one of the world’s largest primary producers of platinum, palladium and rhodium, as well as a top-tier gold producer. Perhaps surprisingly, it is also a large recycler, processing 310,000oz of platinum group metals in 2023 – representing 13.3% of the company’s revenue.

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SEC announces it will not defend climate disclosure rule

(The Hill) - The Securities and Exchange Commission (SEC) announced Tuesday that it will not defend a year-old rule requiring publicly held companies to disclose climate-related risks and in some cases the details of their emissions

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Cal/OSHA raises workplace safety, health penalties

(EHS Daily Advisor) - The California Division of Occupational Safety and Health (Cal/OSHA) raised its maximum penalties for regulatory, general, willful, or repeat safety and health violations, the agency announced January 27. Cal/OSHA is a division of the state’s Department of Industrial Relations (DIR).

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Second life for bills more broadly defining hazmat trains

(Freight Waves) - Two rail-related hazardous materials safety bills have been reintroduced in Congress stemming from the East Palestine, Ohio, derailment of 2023.

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Should you spend money on sulfur this year?

(Farm Progress) - Ag economists advise only buying inputs that provide an immediate return on investment this year. How do you know? Consider sulfur, for example.

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Teamwork makes the dream work for soybeans

(The Scoop) - Fred Below became a household name among U.S. farmers in the mid-2000s with his presentation, The Seven Wonders of the Corn Yield World.

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Saskatchewan's Potash may be Canada's Trump Card

(Reuters) - Germany wants the European Union to make its gas storage targets less rigid because of worries over their cost, the economic affairs and climate ministry said on Thursday.

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Port union voices unanimous support for strike, escalating U.S. supply chain fears

(CNBC) - After two days of meetings of North America's largest longshoremen's union amid an impasse with port ownership on a new contract, concerns of a strike are growing amongst those in the business and logistics community.

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Codelco bids $500 million for stake in key Chile copper mine

(Mining) - Chile’s Codelco, seeking to retain the title of world’s top copper supplier, made a $500 million offer to buy a stake in a mine run by Teck Resources Ltd., people with knowledge of the matter said.

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How low will we go? USDA expected to cut their 2024 net farm income forecast

(The Daily Scoop) - USDA's Economic Research Service (ERS) will provide an updated 2024 net farm income forecast on Thursday. Even with improvements in livestock margins, the August Ag Economists’ Monthly Monitor showed the majority of ag economists expect the further deterioration in crop prices to weigh on the overall net farm income picture and force the agency to revise their forecast lower.

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Batteries are a fast-growing secondary electricity source for the grid

(EIA) - Utility-scale battery energy storage systems have been growing quickly as a source of electric power capacity in the United States in recent years. In the first seven months of 2024, operators added 5 gigawatts (GW) of capacity to the U.S. electric power grid, according to data in our July 2024 electric generator inventory. In 2010, only 4 megawatts (MW) of utility-scale battery energy storage was added in the United States. In July 2024, more than 20.7 GW of battery energy storage capacity was available in the United States.

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U.S. refiner warns of looming capacity shortage

(Oil Price) - A refining capacity shortage is looming globally and could materialize as soon as next year, the chief executive of Phillips 66 told Bloomberg in an interview.

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Supply chains are under plenty of stress, but they're not breaking. Here's why

(CNN) - Global supply chains, now a couple years recovered from pandemic-era snarls, have been chugging along at a much healthier clip.

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Panama Canal eases limits that caused global shipping bottleneck

(MSN) - The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.

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Member News

Exxon posts biggest profit in seven years on high oil prices

(Reuters) - Exxon Mobil Corp (XOM.N) on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.

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Shell ends 2021 on high note, hikes dividend and boosts buybacks

(Reuters) - Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance.

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The Mosaic Company Comments on 10-Year High Fertilizer Prices

(The Daily Scoop) - Citing three key factors in today's fertilizer markets, The Mosaic Company says it recognizes fertilizer prices have increased dramatically in the past several months.

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Phillips 66 converting Alliance refinery into terminal

(Oil & Gas Journal) - Phillips 66 has decided to move forward with a plan to transform its 255,000-b/d Alliance refinery on the Mississippi River in Belle Chasse, Plaquemines Parish, La., into a terminal that it will continue to operate as part of its midstream portfolio.

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Qatar energy and ExxonMobil sign Cyprus energy exploration deal

(Reuters) - A consortium consisting of Qatar Energy and ExxonMobil (XOM.N) has signed an agreement with Cyprus for energy exploration and production sharing in Block 5 in the southeast of the island, Qatari News Agency said on Friday.

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Ioneer gets $70 mln from Sibanye for U.S. lithium plant

(Reuters) - Australian lithium supplier ioneer Ltd (INR.AX) said on Thursday it had secured $70 million in funds from South Africa's Sibanye Stillwater (SSWJ.J)through a share placement to begin construction work at one of its mines in the United States.

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Veolia Regeneration Services recognized for HAZMAT safety by rail industry

(Association of American Railroads) The NAR Grand Slam Award is presented annually to companies that are exemplary shippers of hazardous materials. An award winner must have been recognized by at least four Class I railroads and have had zero non-accident releases involving their shipments the previous calendar year. A hazardous materials non-accident release is an unintentional release of a hazardous material while in transportation, but not involving an accident.

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Railroads Recognize Leadership in Hazmat Safety

(Association of American Railroads) The NAR Grand Slam Award is presented annually to companies that are exemplary shippers of hazardous materials. An award winner must have been recognized by at least four Class I railroads and have had zero non-accident releases involving their shipments the previous calendar year. A hazardous materials non-accident release is an unintentional release of a hazardous material while in transportation, but not involving an accident.

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BP wins over Greenpeace in North Sea oil court case

(Reuters) - A Scottish court handed BP (BP.L) a win over Greenpeace on Thursday after the environmental group tried to void the energy company's licence to exploit a North Sea oilfield, saying the climate impact of the end-use of oil should not affect permits.

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Lithium producer Albemarle to buy China's Tianyuan for $200 mln

(Reuters) - Albemarle Corp said on Thursday it would buy China-based Guangxi Tianyuan New Energy Materials Co Ltd, a lithium converter, for about $200 million as the company looks to increase its lithium conversion capacity.

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