Chemicals & Energy

Johnson Burned Bridges With EU Truckers He Now Wants Back

September 28, 2021

The U.K. wants to issue visas for truckers to ease a shortage that’s led to gasoline stations running dry and hit food supply chains. The hard part could be persuading drivers from eastern Europe, the biggest pool of labor in recent years, to come back.

Ford, SK Building $11.4 Billion Electric Truck, Battery Plants

September 27, 2021

Bloomberg

Ford Motor Co. and South Korea’s SK Innovation Co. plan to spend $11.4 billion to construct three battery factories and an assembly plant for electric F-Series pickup trucks in Tennessee and Kentucky, the biggest investment in the U.S. automaker’s history.

Fuel Shortages Pile Pressure on Johnson as U.K. Crisis Escalates

September 27, 2021

Bloomberg

Prime Minister Boris Johnson is under increasing pressure to do more to ease a supply chain crisis in Britain after pumps ran dry at some gasoline stations because of panic buying.

Europe Faces Winter Energy Crisis Years in the Making

September 21, 2021

Bloomberg

Europe’s gas prices have more than tripled this year as top supplier Russia has been curbing the additional deliveries the continent needs to refill its depleted storage sites after a cold 2020 winter.

Tesla Co-Founder Aims to Build an Entire U.S. Battery Industry

September 15, 2021

Bloomberg

Redwood Materials Inc., the battery recycling company created by Tesla Inc. co-founder J.B. Straubel, has been keeping a big secret: It isn’t really a recycling company.

Hurricane Ida: How the Energy Logistics Industry Can Cope

September 15, 2021

Oleg Yanchyk, SCB Contributor

This has been a devastating year thus far in terms of natural disasters, with virtually every region of the U.S. feeling the effects of some type of weather-related catastrophe. And it has been especially true for the energy logistics space in the wake of Hurricane Ida.

Here’s Why U.S. Oil Supplies Took Such Big Hit From Ida

September 14, 2021

Bloomberg

The damage to offshore platforms and pipelines was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable.

The World’s Carriers Are Earning the Most Money Since 2008

September 13, 2021

Bloomberg

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

No Hurricane Has Hit U.S. Energy Markets Quite Like Ida Has

September 9, 2021

Bloomberg

Just over 20% of U.S. Gulf of Mexico oil and natural gas production is back online after Hurricane Ida battered southeast Louisiana, marking an even slower comeback than in the wake of Katrina.

Louisiana Grapples With Fuel Shortage After Ida Shut Refineries

September 2, 2021

Bloomberg

As utility crews strive to restore power to New Orleans, one of hurricane-ravaged Louisiana’s most pressing needs is fuel.

Chemicals & Energy

The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.