02 February 2023 Shell reports record $41bn profit for 2022 Shell said today it made its biggest-ever annual profit last year, more than $41bn, driven by strong performances across its three business segments: Upstream, Integrated Gas, and Chemicals and Products. Filter: Crude oil Natural gas/LNG Oil products More filters
02 February 2023 Australian Newcastle coal port plans 9 closures in 2023 The Australian Rail Track (ARTC) is planning nine Hunter Valley network maintenance closures this year that will impact thermal and semi-soft coal deliveries into the key New South Wales (NSW) port of Newcastle. Filter: Coal Asia-Pacific More filters
02 February 2023 Queensland coal rail line closure extends to 11 days Australian haulage firm Aurizon has pushed back the restart of coal deliveries through the Blackwater line of the Central Queensland Coal Network (CQCN) to the 102mn t/yr port of Gladstone by four days. Filter: Coal Asia-Pacific More filters
01 February 2023 Steelmaker Evraz to lay off more than 100 in Canada Steelmaker Evraz North America will lay off more than 100 employees in its Canada steel operations. Filter: Metals North America More filters
01 February 2023 US Fed eases pace of interest rate hikes The US Federal Reserve hiked its target interest rate by the least since last March, noting that inflation had "eased somewhat," even as it reiterated more work is needed to bring down inflation that last year hit four-decade highs. Filter: Coal Crude oil Power LPG/NGL Metals Natural gas/LNG Oil products North America More filters
01 February 2023 EU proposes state aid changes in face of US’ IRA The European Commission today set out plans to boost competitiveness in the bloc's "green industry", in the face of the US' Inflation Reduction Act (IRA), aiming to speed up decarbonisation while avoiding a "subsidy race" between member states. Filter: Europe More filters
01 February 2023 Estonia’s Eesti Gas to expand Polish operations Estonian gas supplier Eesti Gas plans to expand into the Polish gas market, the firm's head of business development Poland, Marcin Plocharski, said. Filter: Natural gas/LNG Europe More filters
01 February 2023 Former BP CEO Dudley says he is Cop 28 adviser: Update Former BP chief executive Bob Dudley said that he is serving as an adviser to Cop 28, the next instalment of the UN climate talks. Filter: Crude oil Emissions Natural gas/LNG Middle East More filters
01 February 2023 British Steel could close coke ovens to cut carbon bill Scunthorpe-based steelmaker British Steel intends to close its coke ovens to reduce the amount of carbon emissions allowances it has to purchase, sources close to the company told Argus . Filter: Metals Europe More filters
01 February 2023 Brazil’s Energisa to invest $1.2bn in 2023 Brazilian power distribution company Energisa will invest R6bn ($1.18bn) in 2023 to diversify its portfolio and grow. Filter: Power Latin America and Caribbean More filters
01 February 2023 India's capex lift, Fe scrap duty waiver to boost steel The Indian government in its union budget of 2023-24 has steeply lifted capital expenditure that will bolster steel consumption, and extended the exemption on steel scrap customs duty to facilitate the raw material's availability. Filter: Metals Asia-Pacific More filters
01 February 2023 Equinor, Var Energi depart Barents Blue H2, CCS project Norway's state-controlled Equinor and independent Var Energi have left the planned blue ammonia Barents Blue project and its linked carbon capture and storage (CCS) development in northern Norway, and will be replaced in the former by Spanish fertiliser producer Fertiberia. Filter: Emissions Fertilizer Natural gas/LNG Europe More filters
01 February 2023 Opec+ JMMC recommends status quo The Opec+ coalition's Joint Ministerial Monitoring Committee (JMMC) recommended no changes to the group's output policy at its meeting today. Filter: Crude oil More filters
01 February 2023 Japan unveils subsidy to incentivise battery production Japan will provide subsidies to businesses that take part in building domestic lithium-ion battery production facilities, either for use in electric vehicles (EVs) or storage systems. Filter: Metals Asia-Pacific More filters
01 February 2023 India allocates over $4bn for net zero goals in budget The Indian government has allocated 350bn rupees ($4.28bn) for its 2070 net zero goal in its latest budget, covering areas like hydrogen, renewables and green mobility. Filter: Bioenergy Emissions Asia-Pacific More filters
