Development of clean alternative energy resources has been growing in Canada and contributing significant employment opportunities. However, a new clean energy industry report has concluded that the federal government is ignoring those resources in favor of fossil fuels.
Following OPEC's decision at the end of November to maintain production at its current level, the Brent spot price of oil closed at $70.02 per barrel, down 39 percent from its closing price of $115.19 on June 19, 2014. Similarly, the WTI spot price fell by 39 percent over the same period, closing at $66.15 at the end of November. What's next? Will the price of oil continue to fall, and if so, how far? Will the price of oil level out? Or will it rebound?
Global liquefied natural gas (LNG) trade is booming, and Australia will play a growing role in the Asian market despite increasing competition and cost pressures, according to the 2014 Gas Market Report that was recently released by the Bureau of Resources and Energy Economics (BREE).
Members of the National Association of Chemical Distributors (NACD) drove more than 140 million miles last year, delivering 50 tons of products every minute, yet reducing Occupational Safety and Health Administration recordable cases to 549, from 594 the previous year.
Fred P. Hochberg, chairman of the U.S. Export-Import Bank signed a memorandum of understanding with Chairman K.S. Popli of the Indian Renewable Energy Development Agency (IREDA) to explore options for utilizing up to $1bn to finance the sale of U.S. clean energy exports to India.
LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit demand for very large gas carriers (VLGCs) last year, according to the latest edition of the LPG Forecaster, published by shipping consultancy Drewry.
Transplace, a non-asset-based third-party logistics provider, has acquired Logistics Management Solutions, a 3PL with an emphasis on the chemical and industrial manufacturing sector.
Soaring Chinese methanol expansion will boost demand for chemical tanker shipping on intra-Asia export trades out of China but check import traffic, according to the latest edition of the Chemical Forecaster, published by shipping consultancy Drewry.
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.