US E.P.A. reportedly plans to loosen Mercury rules for coal plants, according to NYT citing sources
Newsquawk Staff ·
- Expected to be announced on Friday.
What it means
The reported plan by the US E.P.A. to loosen mercury regulations for coal plants could significantly benefit coal producers like Peabody Energy. This move suggests a shift towards more lenient environmental regulations, potentially increasing coal production at the expense of regulatory integrity, which may lead to short-term price boosts in coal commodities.
Sources
- ADNOC reportedly informed some Asian refiners that it may begin delivering Upper Zakum crude via a new pipeline to the Fujairah terminal in early 2027, allowing shipments to bypass the disrupted Strait of Hormuz, according to Bloomberg
- Russia and Azerbaijan are discussing natural gas swap supplies, reports Interfax
- US White House says the oil agreement with Venezuela will deliver a total of 65bln barrels
- Syria and Iraq discuss exporting Iraqi oil via the Baniyas pipeline
- UAE’s Sharjah temporarily closes all its beaches as a precautionary measure after an oil spill, according to a statement
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