On an earnings call last week, Royal Dutch Shell CEO Ben van Buerden said the firm has adopted a "lower forever" mindset with a focus on controlling costs.
Italian meat processor and producer Inalca SpA's projects to reduce water and energy use at its plant in Rieti, Italy, resulted in annual savings of 3.7 million gallons of water and more than $72,000.
Global energy investment fell by 12 percent in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency's annual World Energy Investment report.
The Renewable Fuel Standard, or RFS, was developed during my tenure as Energy Secretary and has helped diversify America's fuel supplies. The credit program EPA created to ensure RFS compliance, due to changes in the oil industry, now merely serves to subsidize global oil companies and gasoline retail chains at the expense of independent American refiners and small fuel retailers.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.