Latest News for: Upstream supplies


Exxon to sell north Texas gas assets to BKV for $750 million

Reuters 20 May 2022
Exxon, the top U.S ... But it has achieved about half its goal as sales stalled during the pandemic ... Register ... The deal is expected to close by June 30. “We are focused on delivering the most competitive returns to our shareholders by developing opportunities with the lowest cost of supply,” said Liam Mallon, president of Exxon Mobil Upstream Company ... ....

Steel tariffs back on the burner

Mesabi Daily News 20 May 2022
“We've seen first-hand how supply chains can easily fall into crises, how unprovoked aggression can increase market uncertainty, and how non-market actors like China continue ... That is why it is so fundamentally important for us to have control over the upstream steel supply chain.

ExxonMobil to Sell Barnett Shale Assets for $750 Million

The Facts 19 May 2022
“We are focused on delivering the most competitive returns to our shareholders by developing opportunities with the lowest cost of supply and further strengthening our industry-leading upstream position,” said Liam Mallon, president of ExxonMobil Upstream Company.

More help on docket for pressured SMEs

China Daily 19 May 2022
... and supply chains ... Yang Yuanqing, chairman and CEO of Lenovo Group, said established companies such as the IT giant should play a bigger role in driving the joint innovation and development of SMEs in both the upstream and downstream segments of industry and supply chains.

Chinese premier stresses faster implementation of macro policies

ECNS 19 May 2022
On stabilizing the economy, the premier said that the country must ensure an adequate grain output and energy supply, and maintain the stability of prices and all factors underpinning economic development. Impediments in logistics and upstream-downstream connections must be cleared to smoothen industrial and supply chains, Li said ... ....

Customs in 5 cities to clear cargo for Shanghai

China Daily 19 May 2022
The scope of such facilitation measures has expanded from key enterprises to the upstream and downstream of the industry and supply chain, and the coverage of commodities has expanded from finished products to raw materials, intermediate products and related manufacturing equipment, according to the Customs.

Summit should focus on more specific steps on security, economy

Korea Times 19 May 2022
That statement assumes particularly imminent and critical importance, as we have to adapt ourselves to further fragmented markets in trade, investment, technology, finance and supply chains ... Take global supply chains as an example ... companies ― relatively upstream ingredients in the supply chain.

Europe’s Energy Goal Is Now Clear. The Path Forward Is Not.

Barrons 19 May 2022
For the seller, the robust undertaking from the buyer—and, crucially, the confidence that commercial banks can place in the buyer-seller relationship—means that financing of the multibillion upstream elements of the supply chain can be done on up to an 80.20 debt-equity split ... A complex web of factors ensnares Europe’s energy supply.

Enviva and MOL Drybulk to Deploy Bulk Carrier to Reduce GHG Emissions in the Woody ...

Ellensburg Daily Record 19 May 2022
As shipping pellets across the Atlantic Ocean currently comprises one third of Enviva’s supply chain emissions, this partnership will generate a large carbon savings in its upstream and downstream value chain. “Reducing greenhouse gas emissions in our supply chain is a foremost priority for us,” said Thomas Meth, Chief Commercial Officer of Enviva.

DiMuto launches farm management application DiMuto Farm Management

Fresh Plaza 18 May 2022
DiMuto Farm Management digitalizes smallholder farm operations and achieves upstream supply chain visibility ... Such farm data is then automatically populated to an aggregated web dashboard for agronomists and procurement teams to track the farm and estimated harvests, giving more accuracy to supply planning.

China looks to clean hydrogen fuel to power future

China Daily 18 May 2022
China Daily explores how they help the world's second largest economy stabilize its industrial and supply chains, navigate headwinds from the COVID-19 pandemic and achieve breakthroughs in technology bottlenecks ... Hebei province, to solve the problem of hydrogen supply.

New at Computex 2022: Eyesafe DTX Recycles Blue Light to Improve Display Color, Brightness and ...

Victoria Advocate 18 May 2022
... color performance –without changing the display stack design or supply chain – is a significant step forward." ... "Although this is a technology that will be implemented far upstream in the supply chain, the real beneficiary of this technology will be the end-consumer," noted Dr.

Morgan Stanley sticks to GDP growth forecast of 3.1%

Taipei Times 17 May 2022
Taiwan’s economy faces potential headwinds from increasing commodity prices, supply-side disruptions and declines in global demand, the financial services firm said ... By contrast, supply chain disruptions in China could affect both upstream and downstream firms in Asia, as China supplies more than 80 percent of global technology hardware, it said.

Overcoming the great disconnect in the battery storage supply chain

Energy Storage News 16 May 2022
From working in the supply chain for 20 years, Gorrill says he understood that creating upstream and downstream capabilities in the US would be the only way to solve the problems that he too saw coming ... I was saying, ‘If we don’t start bringing supply all the way through upstream ...

Israel to ramp output to 40bn m3/yr: press

Natural Gas World 16 May 2022
Israel is on track to double its gas production within the next few years, and plans to clinch a gas supply deal with Europe within months, Reuters reported on May 16 ... During the summer, the country hopes to reach a framework agreement on supply to Europe, the director general of its energy ministry, Lior Schillat, said.

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