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...We can see the same now in electric vehicles. Their cost is one-third to one-half the cost of other electric vehicles....
...Other Republican lawmakers have said the LNG pause must be scrapped before they agree to release federal funds to rebuild a bridge that collapsed in Baltimore last week....
...CSX, one of the biggest freight railroad companies on the east coast, said customers should expect delays due to the bridge collapse, adding that all international intermodal shipments destined for Baltimore...
...Asked if private companies should cover the damage, he responded: “We’re not going to wait. We’re going to pay for the bridge.” Read more here...
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...The company said it expected adjusted earnings per share to be 98 cents, up from previous expectations of 93 cents but below analysts’ expectations of $1....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...America even has limits on transporting its own liquefied natural gas between domestic ports, because of the lack of domestically made tankers....
...But Equinor is still first and foremost an oil and gas company....
...Solid-state battery technology for electric cars is still years away from commercialisation with “a lot of showstoppers” blocking its development, said the head of the Chinese company that dominates the...
...Peter Herweck, head of energy management group Schneider Electric, also doubted that gas would benefit as much as people selling the fossil fuel claimed....
...A rescue operation is under way in the US port of Baltimore after a container ship travelling to the Sri Lankan port of Colombo hit a road bridge which collapsed into the Patapsco river....
...The influx of private equity and sovereign wealth fund investment in sports has also contributed to the appreciation of sports companies as an asset class....
...“As we enter the global era of natural gas, it is imperative for US natural gas companies to evolve their business models to compete on the global stage,” Rice said....
...The White House’s decision to pause approvals for new liquefied natural gas projects has angered the shale gas industry, a big employer in Pennsylvania....
...That essential argument for Baltimore remains today. It is the nation’s busiest port for roll-on, roll-off car carriers, for example; Volkswagen rolls its cars on in Bremen and off in Baltimore....
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ordered to repay $100mn to his lenders months after he was ousted from his latest venture....
...European companies’ sheer ability to pay secured new contracts as well as spot purchases from the US and Qatar....
...The regulated gas networks of Great Britain — the companies that own and operate the gas assets which move gas around the country — function under a similar regulatory model to the water industry....
...hybrids and fully electric vehicles....
...Fatih Birol in the report, which found less than 1 per cent of investment in clean energy came from oil and gas companies....
...She added that Russia’s invasion of Ukraine, while delivering a huge boost to the liquefied natural gas market that drove record profits for the Australian company, had also stalled momentum for the development...
...A Russian liquefied natural gas project subject to US sanctions is close to exporting its first cargo after Chinese expertise filled the technical and logistical void left by western companies....
...The FT also has a story today on whether European carmakers can rival China’s BYD, the world’s largest manufacturer of electric vehicles....
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