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An oil pump jack is seen in an oil field near Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo Acquire Licensing RightsHOUSTON, Dec 1 (Reuters) - Venezuela's oil exports remained almost unchanged in November at 651,000 barrels per day (bpd) even as an easing of U.S. sanctions is now allowing sales to trading houses, according to shipping and tanker tracking data. Washington in October temporarily lifted oil sanctions on the country as a way to encourage a presidential election in 2024, which prompted spot sales of Venezuelan crude and fuel oil to traders mostly bound for China. The stagnant production has driven PDVSA to offer trading houses and intermediaries a large portion of its oil stocks for exports. Besides seeking spot cash oil sales, PDVSA also has ramped up fuel imports since October.

Persons: Issac Urrutia, PDVSA, Marianna Parraga, Mircely Guanipa, Jonathan Oatis Organizations: REUTERS, Rights, China ., Reuters, Analysts, Chevron, Spain's, Thomson Locations: Lake Maracaibo, Cabimas, Venezuela, Washington, China, China . State, India, Venezuelan, United States, U.S, Houston, Maracay

☆ Remember when Fran Fine’s fashion broke the ’90s TV show mold?
▼ + stars: | 2023-11-30 | by ( Marie Lodi | ) edition.cnn.com time to read: +6 min

Still, not many have had the cultural impact of “The Nanny” herself, Fran Fine. Over the years, fan accounts like What Fran Wore and the Fran Fine Fashion Database have documented all of the character’s roughly 700 outfits. Drescher in character as Fran Fine in a promotional photo for "The Nanny", pictured with the show's other principcal cast members. CBS/Getty ImagesCooper says that when she first envisaged Fran’s aesthetic, it didn’t reflect early ‘90s fashion trends. It’s no wonder that after all these years, fans of “The Nanny” and fashionable TikTokers continue to cosplay as Fran in swarms.

Persons: Cher Horowitz, Dionne Davenport, “, Carrie Bradshaw, ’, Rachel Green, ”, Fran Fine, Fran, Fran Drescher, Fran Wore, Drescher, Charles Shaughnessy, Maxwell Sheffield, Daniel Davis, Niles, Lauren Lane, Babcock, Madeline Zima, Grace Sheffield, Benjamin Salisbury, Tom, Maggie Sheffield, Brenda Cooper, Shawn Holly Cookson, Terry Gordon, Cooper, Todd Oldham, Dolce, Gabbana, Bob Mackie, Anna Sui, Brenda Cooper’s, Moschino, Leger, ” Cooper, Neiman Marcus, —, ” Moschino, Jennie Walker, ” Walker, Kate Spade, Gucci, Vivienne Westwood, Cooper didn’t, suede, “ Organizations: CNN, City, Flushing, Brighton Sheffield, CBS, Getty, Vogue, “ Locations: Versace, Italian, LA

☆ Menswear styles suited for the season
▼ + stars: | 2023-11-30 | by ( Sponsor Post | Created Insider Studios | ) www.businessinsider.com time to read: +4 min

This iconic shirt is not only a great gift for a loved one, but also a perfect excuse to treat yourself. Impress at the office holiday partyWhat makes special occasions, well, special, is a break from the ordinary — and what you wear contributes to that extra flair. For your annual office holiday party, retire the clothes you wear for virtual meetings or office visits. Browse all your favorite styles from Polo Ralph Lauren's Holiday collection here. This post was created by Insider Studios with Polo Ralph Lauren.

Persons: Polo Ralph Lauren, grandma, It's, Cotton Chino Ball, you've, Polo Ralph Lauren's suede, Sullivan Slim Polo, Jean, Whitman, Polo Ralph Lauren's, Gus Powell, Tiffani Williams Organizations: Oxford, Polo, Plaid, Sullivan, Insider Studios Locations: Cashmere, Cardigan, cardigan

☆ 7 weird jobs that are well-paying but nobody knows about, according to a viral Reddit thread
▼ + stars: | 2023-11-30 | by ( Aria Yang | ) www.businessinsider.com time to read: +5 min

A Reddit user asked what are weird jobs nobody knows about but pay well. AdvertisementA Reddit user asked which jobs were relatively unknown but lucrative and the post went viral. Teeth designerA Reddit user said he makes teeth on a computer using CAD/CAM software for dental laboratories. Artificial flavor makerOne Reddit user wrote, "My dad was a master flavorist. Reddit user solarblack wrote, "My Aunt and her daughter both do seasonal work as hand pollinators and harvesters.

Persons: Redditors, —, IndependenceNo2060, Loreo1964, die_lahn, solarblack Organizations: Service, Business, Heineken

☆ Nashville hot chicken is everywhere, but it's still at the heart of its hometown's culture
▼ + stars: | 2023-11-29 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +7 min

Prince's Hot Chicken Courtesy: Prince's Hot ChickenNashville hot chicken had its humble beginnings nearly a century ago. At the same time, large fast-food companies such as KFC, Baja Fresh, Dave's Hot Chicken and more are increasingly featuring Nashville hot chicken on their menus. The Nashville hot chicken origin storyBut Nashville hot chicken isn't just a spicy new trend. Owner Andre Prince of Prince's Hot Chicken Courtesy: Prince's Hot ChickenThough the city has changed a lot since Thornton Prince's first hot chicken, Prince's has remained one of the city's classic treasures. 400 Degrees Hot Chicken Photo: Aqui HinesOne of those hot chicken enthusiasts is lifelong Nashville resident Aqui Hines, the owner and chef at 400 Degrees, a hot chicken restaurant in the city.

Persons: Thornton Prince, Semone Jeffries, Read, Prince's, Jeffries, Andre Prince, Thornton Prince's, Kara Nielsen, it's, Nielsen, Hines, Aqui Hines, she's, you've, Eric White, White, he's, It's, I'm, Mike Calia Organizations: KFC, Baja, Nashville, CNBC Locations: Tennessee, Technomic, Nashville, Black, Prince's, Florida, India, Canada, Germany, Manhattan

☆ 7 things to know if you're visiting Hong Kong and want to experience the city like a local
▼ + stars: | 2023-11-29 | by ( Faye Bradley | ) www.businessinsider.com time to read: +6 min

I was born and raised in Hong Kong. AdvertisementBorn and raised in Hong Kong, I've seen various quirks and unique behaviors that have become ingrained in the city's culture. Whether it's donning puffer jackets during mild winters or whipping out umbrellas when the sun is shining bright, there are certain things I only expect to see in Hong Kong. Here are seven things you can do to blend in like the locals in Hong Kong. Shouting out orders is essential when visiting dai pai dongs, or open-air food stalls in Hong Kong.

Persons: I've, —, it's, pai dongs, Lewis Tse, Dai pai dongs, siu, — it's, Hong Kongers, Yung Chi Wai Derek, cheung, Sham Organizations: Service, Hong Locations: Hong Kong, Canada, expats, Asia, Mong

☆ North Korea says it will not negotiate sovereignty with 'double-faced' US
▼ + stars: | 2023-11-29 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

Kim Yo Jong, sister of North Korea's leader Kim Jong Un, arrives at the Vostochny Сosmodrome before a meeting of Russia's President Vladimir Putin with North Korea's leader Kim Jong Un, in the far eastern Amur region, Russia, September 13, 2023. Sputnik/Vladimir Smirnov/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 30 (Reuters) - North Korea said it will never negotiate its sovereignty with the United States, criticising Washington as "double-faced" for offering talks while ramping up military activities in the region, state media KCNA reported on Thursday. Ambassador Linda Thomas-Greenfield and North Korean Ambassador Kim Song, both arguing that their countries' military activities are defensive. Kim Yo Jong said Thomas-Greenfield highlighted efforts to reopen talks with North Korea even as she lacked "justifiable ground" for denying its sovereign right to space development. The U.S. and South Korea have condemned the satellite launch as a violation of U.N. Security Council resolutions banning North Korea's use of any ballistic technology.

Persons: Kim Yo Jong, North, Kim Jong Un, Vladimir Putin, Vladimir Smirnov, Washington, Linda Thomas, Kim Song, Thomas, Greenfield, Kim, KCNA, Carl Vinson, Yoon Suk, Hyonhee Shin, Ed Osmond, Josie Kao Organizations: Sputnik, REUTERS Acquire, Rights, . Security, North Korean, North, U.S, DPRK, Democratic People's, Kadena, White House, Pentagon, South, Falcon, Thomson Locations: Amur, Russia, Rights SEOUL, North Korea, United States, U.S, Greenfield, South Korea, DPRK, Democratic People's Republic of Korea, San Diego, Japan, Pyongyang, Korean, Guam, Italy, Seoul, Washington

Gas prices have fallen or remained steady since Sep. 19 — marking about a 70-day trajectory of decline, Andrew Gross, spokesperson for motor club AAA, said Tuesday. As of Tuesday, the national average for gas prices stood just below $3.25, according to AAA. Experts point to a recent decline in oil prices and a seasonal dip in demand, as well as easing inflation. Political Cartoons View All 1270 ImagesWHY ARE GAS PRICES FALLING? While the downward trend in gas prices is expected to continue at least into the New Year, anything's possible.

Persons: — It's, Andrew Gross, Patrick De Haan, Gross, ” Gross, De Haan, There's, ” De Haan, — Organizations: AAA, West Texas Locations: U.S, Russia, Ukraine, Saudi Arabia, OPEC, Israel, Texas, Mississippi, Georgia, California, Hawaii, Washington

☆ First long-haul flight fully powered by sustainable aviation fuel takes off
▼ + stars: | 2023-11-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Flight100, Virgin Atlantic's world first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline is fuelled ahead of its take off from London Heathrow to New York JFK on Tuesday 28 November 2023. LONDON — The first trans-Atlantic flight using 100% sustainable aviation fuel departed London for New York on Tuesday as the industry seeks to prove the viability of greener air travel. Sustainable aviation fuel — also known as SAF — is an umbrella term for non-fossil-derived fuels, including biofuels derived from plant or animal materials, municipal waste and agricultural residues. It still produces emissions, but proponents argue the overall "lifecycle emissions" from the fuel are significantly lower than from regular petroleum-based fuel. There are relatively few SAF production plants or companies transporting it globally, with incentives for producers hampered by low margins.

Persons: Shai Weiss Organizations: Aviation Fuel, SAF, New York JFK, LONDON, New York, Virgin Atlantic's Boeing, AirBP, Virgin, U.K, Civil Aviation Authority, Royal Society, Virgin Atlantic, Government Locations: London Heathrow, New York, London, New

☆ The first commercial transatlantic flight powered completely by green fuels is in the air, but critics say it's a gimmick and a joke
▼ + stars: | 2023-11-28 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +3 min

Virgin Atlantic is operating the first transatlantic flight on a commercial airliner powered by 100% SAF. But it costs more than double conventional jet fuel, and production is lagging behind demand. Virgin Atlantic is operating the Boeing 787-9 Dreamliner to New York's JFK Airport, where it's expected to arrive around 2 p.m. "And if we didn't prove it can be done, you would never, ever get sustainable aviation fuel." On Monday, Emirates flew the world's first Airbus A380 demonstration flight using 100% SAF.

Persons: it's, Shai Weiss, Sir Richard Branson, There's, Weiss, Critics, Cait Hewitt Organizations: Virgin, SAF, Service, Virgin Atlantic, Boeing, New York's JFK, International Air Transport Association, BBC, Aviation Environment Federation, CNN, Guardian, UK's Department for Transport, Monday, Emirates, Airbus, Gulfstream, Gulfstream G600 Locations: New, Georgia, England

It follows the successful transatlantic crossing by a Gulfstream G600 business jet using the same fuel last week. SAF is key toward reducing those emissions, but it is costly and accounts for less than 0.1% of total global jet fuel in use today. The fuel used to power Tuesday's flight is mostly made from used cooking oil and waste animal fat mixed with a small amount of synthetic aromatic kerosene made from waste corn, Virgin Atlantic said. Yet the 2030 target looks challenging given SAF's small volumes and its high cost, right now about three to five times as much as regular jet fuel. Virgin said the engines on the flight would be drained of SAF and tested before it returns to service using regular fuel.

Persons: Virgin, Richard Branson, Shai Weiss, Mark Harper, John F, Magdalena Heuwieser, Sarah Young, Joanna Plucinska, Tomasz Janowski Organizations: Virgin Atlantic, Virgin Boeing, Royce, Trent, Gulfstream G600, London Heathrow, Kennedy International Airport, Virgin, SAF, Boeing, BP, Aviation, British Airways, Air France, Union, Thomson Locations: London, New York, Dubai

☆ Anna Indiana is the world's first all-AI singer-songwriter. She's deeply mediocre.
▼ + stars: | 2023-11-28 | by ( Kieran Press-Reynolds | ) www.businessinsider.com time to read: +5 min

The new completely AI-generated musician Anna Indiana was met with fierce backlash online. She's Anna Indiana, the first musician whose entire existence — from the image and singing to the music's chord progression, key, tempo, and lyrics — is claimed to have been generated by artificial intelligence, without human involvement. I’m Anna Indiana and I’m an AI singer-songwriter. Everything from the key, tempo, chord progression, melody notes, rhythm, lyrics, and my image and singing, is auto-generated using AI. Indiana's music is middling, but it's not egregiously unlistenable.

Persons: Anna Indiana, —, Indiana, Here’s, ines, ong, lew, egan, ike, ould, witter Organizations: Service Locations: uman

☆ Virgin Atlantic plane will fly from London to New York with 100% Sustainable Aviation Fuel. Experts say it’s not a fix
▼ + stars: | 2023-11-28 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

CNN —For the first time, a transatlantic flight operated by a commercial airline will be powered by 100% Sustainable Aviation Fuel (SAF) — a type of plane fuel that bears the promise of a much lower climate impact than traditional ones. The flight is the latest in a series of recent tests involving 100% SAF. Days earlier, business jet maker Gulfstream completed what it billed as the world’s first transatlantic flight using 100% SAF. Large twin-engine jets have performed flights using 100% SAF on both engines before, but these flights involved military aircraft. “One flight on 100% alternative fuel isn’t going to change the fact that 99.9% of aviation fuel is fossil fuel and there’s no great option for feedstock (raw materials) that can be scaled up sustainably,” she says.

Persons: Virgin Atlantic, Cat Hewitt, Hewitt, we’re, there’s, Giuseppe Cacace, Graham Hutchings, ”, “, ” Matteo Mirolo, ” Hewitt Organizations: CNN, Aviation Fuel, New York’s JFK, Virgin Atlantic, Boeing, Virgin, SAF, UK Civil Aviation Authority, Emirates, Airbus, Gulfstream, International Air Transport Association, Aviation Environment Federation, An, An Emirates Airbus, Getty, Royal Society, European Federation for Transport Locations: London Heathrow, New York’s, An Emirates, AFP

☆ Why a Wisconsin county is dumping cheese brine on its roads this winter
▼ + stars: | 2023-11-28 | by ( Maiya Focht | ) www.businessinsider.com time to read: +4 min

Some counties in Wisconsin have been using cheese brine or a beet juice blend instead. A few counties across the state have used cheese brine to melt icy roads in the winter. Green County is lucky enough to have a functioning cheese factory where it gets its cheese brine for de-icing. Other counties, like Polk County and Burnett County, have used cheese brine in the past but stopped when the local cheese factory halted operations. Bastian Parschau/Contributor/Getty ImagesIf you don't have access to cheese brine, then beet juice is a popular alternative, though it's not as cost-effective as cheese brine, Josh Kelch, the highway commissioner for Burnett County, told BI.

Persons: —, Andrea Bill, Bill, There's, Chris Narveson, Bastian Parschau, it's, Josh Kelch, Pat Gavinski, Gavinski Organizations: Service, University of Wisconsin's Traffic, Safety Laboratory, Anadolu, US Environmental Protection Agency, University of Minnesota, EPA, Green County Locations: Wisconsin, Green, Polk County, Burnett, Burnett County, Sauk, Sauk County

China's imports are being driven by increased arrivals from Indonesia, the world's largest exporter of thermal coal, with Kpler estimating 18.03 million metric tons will arrive this month. This is up from imports from Indonesia of 16.70 million metric tons in October, according to Kpler data. Imports from Indonesia are expected to decline to 10.92 million metric tons in November from 12.19 million in October. Thermal coal arrivals from Australia are forecast to be 1.11 million metric tons in November, up slightly from the 1.02 million in October. Overall, its possible that China's increased appetite for imported thermal coal ahead of the northern winter is crowding out some demand in India, which tends to be a more price-sensitive buyer.

Persons: Stephen Coates Organizations: Argus, CHINA, Atlantic, Indonesian, Reuters, Thomson Locations: LAUNCESTON, Australia, Indonesia, China, India, Japan, South Korea, Taiwan, Beijing, Canberra, South Africa, Asia, Europe

☆ Washington's secret weapon is a beloved Gen Z energy drink with more caffeine than God
▼ + stars: | 2023-11-26 | by ( Lauren Vespoli | ) www.businessinsider.com time to read: +8 min

Celsius, the suddenly-ubiquitous energy drink, is a favorite of Gen Z — and Capitol Hill. "I love to take meetings in front of the Celsius vending machine," he told Business Insider. "It's a way better alternative to coffee, honestly," Robertson told Business Insider. "Capitol Hill is full of young, energetic career-oriented people who by and large care about fitness," he told Business Insider. Stanford said these young workers are part of a new consumer group that's helping drive the overall growth of the energy drink market.

Persons: Z, —, Matthew Hoekstra, Gen Z, Brent Robertson, Roger Marshall, Victoria Knight, Knight, she's, Robertson, Hoekstra —, Matthew Hoekstra Florida, Anna Paulina Luna, w3O2gsMYXP —, Eric Garcia, Rayburn, Dirksen, — Doug Andres, @DougAndres, curt, Duane Stanford, Stanford, Hoekstra, John Parra, Garcia Organizations: Capitol, Service, Republican Kansas, Capitol Press Corps, PepsiCo, Vibe, Caucus, The Independent, Republican House, Cannon, Beverage, Essential Energy, Republicans Locations: Washington, Rayburn

A gas pump selling E15, a gasoline with 15 percent of ethanol, is seen in Mason City, Iowa, United States, May 18, 2015. The decision underscores concerns within President Joe Biden's administration over fuel prices, as opinion polls show inflation and the economy as key vulnerabilities for his 2024 re-election bid. But the U.S. government restricts sales of E15 gasoline in summer months due to environmental concerns over smog. The ethanol industry for years has pushed to lift the restrictions on E15 sales nationwide, arguing the environmental impacts have been overstated. Oil industry-backed studies showed price increases, while ethanol industry-backed studies showed any price increases offset by utilizing lower-cost ethanol.

Persons: Jim, Joe Biden's, Phillips, Biden's, Ed Hirs, Hirs, Jarrett Renshaw, Stephanie Kelly, Will Dunham Organizations: Farm, NBC, Governors, Environmental, Agency, EPA, HF Sinclair Corp, White, University of Houston, Thomson Locations: Mason City , Iowa, United States, Illinois , Iowa , Kansas , Minnesota , Nebraska, North Dakota, South Dakota, Wisconsin, Ukraine, Nebraska, Iowa

☆ The top 9 AI people in finance
▼ + stars: | 2023-11-24 | by ( Bianca Chan | Leena Rao | ) www.businessinsider.com time to read: +1 min

Business Insider's 2023 AI 100 list included several experts from the world of finance. These people blend AI know-how with experience in trading, payments, VC, and other finance sectors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGenerative AI is the hottest venture capital investment theme in at least a decade. Business Insider's 2023 AI 100 list includes several experts who combine AI know-how with experience in areas of finance such as payments, trading, banking, financial data, and startup investing.

Persons: Sarah Guo, Reid Hoffman, Sonya Huang, — Organizations: Service, Business

☆ Bentley in Border Bridge Crash Was a Luxury Car Packed With Power
▼ + stars: | 2023-11-24 | by ( Ashley Southall | Jesse Mckinley | ) www.nytimes.com time to read: +1 min

The car that exploded this week at a border bridge in Niagara Falls, N.Y., was a 2022 Bentley Flying Spur, the authorities said on Friday, an ultraluxury model capable of reaching a speed of 60 miles per hour in four seconds. The police identified Kurt P. Villani as the driver and his wife, Monica Villani, as a passenger. The base model Flying Spur was powered by an eight-cylinder engine generating 542 horsepower and weighed 5,137 pounds, according to specifications from Edmunds, which provides data about automobiles for consumers. The vehicle was shown on video moving toward the bridge at a shocking speed before striking a median and taking flight. It burst into flames on impact and shattered, strewing metal over a wide debris field.

Persons: Kurt P, Villani, Monica Villani Organizations: Bentley Locations: Niagara Falls, N.Y, Grand, New York, Toronto, Edmunds

☆ How ‘Terms of Endearment’ Brought a Mother and Daughter Closer
▼ + stars: | 2023-11-24 | by ( Dina Gachman | More About Dina Gachman | ) www.nytimes.com time to read: +2 min

We related to the mother-daughter dynamic of wanting to murder each other one moment, and cuddling in bed giggling the next. Since we knew the neighborhood Aurora lived in, the affluent River Oaks, we felt a kinship with the characters, as if they existed within our universe. Mostly, we bonded over the film’s message that levity and sorrow can, and should, coexist. The theme is just part of the fabric of the movie, like Aurora’s petal pink décor or Emma’s messiness. At the time, Brooks said the adaptation of the novel ended up being the toughest thing he had ever written.

Persons: Aurora, “, ” MacLaine, Brooks, Mary Tyler Moore, ”, ” Brooks, Nicholson Locations: New England, Texas, Oaks

☆ Exclusive: Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Tatiana Meel/File Photo Acquire Licensing RightsMOSCOW/LONDON, Nov 23 (Reuters) - Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed. Greek shippers Minerva Marine, Thenamaris and TMS Tankers have stopped transporting Russia oil in recent weeks, the four traders said. The Greek shippers' exit from the trade followed tighter U.S. sanctions imposed on Russian oil shipments. The G7 countries introduced a price cap on Russian oil in late 2022, but had not previously enforced it. Russian oil trade has brought record revenues over the past year to the shippers who took the risk and stayed in the business.

Persons: Tatiana Meel, Thenamaris, Minerva, Jonathan Saul, Dmitry Zhdannikov, Eleftherios Papadimas, Susan Fenton Organizations: Nord, REUTERS, Minerva, TMS, Minerva Marine, Reuters, United Arab Emirates, Treasury, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, LONDON, Asia, Turkey, East, Africa, South America, Moscow, Washington, OPEC, U.S, Baltic, India, Primorsk, Ust, Iran, Europe, UAE, Hong Kong, Seychelles, Ghana, Liberia, Cook, London, Athens

☆ Ex-Google maps designer doesn't like the app's new look, says it's 'colder' and 'less human'
▼ + stars: | 2023-11-23 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

A former Google Maps designer said the app's new color palette feels "colder" and "less human." 15 years ago, I helped design Google Maps. Other Google Maps users echoed Laraki's critiques around the app's new colors. — Sasha Luccioni, PhD 💻🌎🦋✨🤗 (@SashaMTL) November 23, 2023"Why has Google maps all of a sudden changed the colors?" In other words, Google Maps users may've switched to Apple Maps for a good reason.

Persons: —, …, HMcpKiOEdr, Elizabeth Laraki, Laraki, I'm, Sasha Luccioni, 🦋✨, ove, Lar Organizations: Google, Service, Twitter, pla

☆ National Gas CEO says renewables and fossil fuels needed to combat cost-of-living crisis
▼ + stars: | 2023-11-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNational Gas CEO says renewables and fossil fuels needed to combat cost-of-living crisisJon Butterworth, CEO of National Gas, discusses the U.K.'s net zero plans and the need for a blend of energy sources to ensure security of supply.

Persons: Jon Butterworth Organizations: National Gas CEO, National Gas

☆ US Court Rejects EPA's Decision to Withhold Small Refinery Biofuel Waivers
▼ + stars: | 2023-11-22 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - A U.S. appeals court on Wednesday said it struck down the Biden administration's decision to deny small refiners "hardship waivers" that exempt them from nation's biofuel mandates, in a win for the refining industry. The U.S. Court of Appeals for the Fifth Circuit found in favor of refineries that challenged the EPA's decision, including Ergon, Calumet Shreveport and Placid. Under the Renewable Fuel Standard (RFS), oil refiners must blend billions of gallons of biofuels into the nation's fuel mix, or buy tradable credits from those that do. The EPA can, however, award exemptions to some small refiners if they prove that the obligations cause them undue harm. Refiners, meanwhile, have long argued that the nation's ethanol mandates impose unfair costs on fuel producers, and can threaten the viability of small plants.

Persons: Heather Timmons, Mrigank Dhaniwala Organizations: WASHINGTON, Biden, Environmental Protection Agency, U.S, Appeals, Fifth Circuit, EPA Locations: Ergon, Calumet Shreveport, Placid

SAN JOSE, California (AP) — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced it planned to move ahead with the deal after China joined the list of countries that had given a go-ahead for the acquisition. Broadcom is paying $61 billion in cash and stock for VMware and taking on $8 billion of its debt, making this one of the biggest technology deals ever. The European Commission, the EU’s executive arm and top antitrust enforcer, cleared the deal after Broadcom made concessions to address its concerns about competition. VMware, which is based in Palo Alto, California, has close relations with every major cloud company and provider, including Amazon, Google and Microsoft.

Persons: Hock Tan, Tan Organizations: JOSE, Broadcom, VMware, Microsoft, Activision, Administration of, European Commission, Amazon, Google, European Union, Symantec, CA Technologies, VMWare Locations: California, San Jose , California, China, Europe, Palo Alto , California, Australia, Brazil, Canada, Israel, Japan, South Africa, South Korea, Taiwan, United Kingdom

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