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Chile's Codelco to meet obligations as financials deteriorate -JPMorgan

Chile's Codelco, the world's largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and investments, JPMorgan said on Tuesday. Codelco's copper production fell in 2022 to its lowest level in 25 years, exacerbated in part by delays to key projects for extending the lives of its mines. "We believe Codelco will be able to meet all of its financial obligations despite the elevated capex budget and operational issues it has faced that has led to reduced production and increased unit costs," JPMorgan analyst Ian Snyder said in a note. ....

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Too Fast For Gas: Problems at Venture Global's Calcasieu Pass Should Not Be Overlooked

Venture Global touts holding the global record for the “fastest large-scale greenfield LNG facility to ever be built,” but at what cost to performance and safety?
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MEF: Worker shortage resulting in loss of billions in revenue

PETALING JAYA: Employers in multiple sectors are facing operational problems due to worker shortage, with some sectors facing loss of revenue of up to billions, says the Malaysian Employers Federation. ....

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Xcel agrees to shut down Comanche 3 early, ending use of coal in Colorado by 2031

An agreement announced Tuesday would close a coal-fired power plant with longstanding mechanical and operational problems early, ending Xcel Energy’s use of coal in Colorado by the start of 2031. ....

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Siemens Energy: Der Windanlagenbauer Gamesa wird zum Dauerproblem.

Siemens Energy: Der Windanlagenbauer Gamesa wird zum Dauerproblem.
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