Showing results for "Sonoco Products"

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Top Oil Lobbyist Blames Production Woes on Biden RhetoricThe Biden administration is delivering “a barrage of negative rhetoric” about oil and gas development that’s dampening domestic production of the fossil fuels, the head of the industry’s top lobbying group told policymakers, executives and other officials in the nation’s capital Wednesday.January 11, 2023

markets
Maaden Aluminum Smelter Cut Production on Operating IssuesSaudi Arabian Mining Co. reduced production at the aluminum smelter it owns with Alcoa Corp. after experiencing operational problems, but is now ramping output back up, according to the company’s chief executive officer.January 11, 2023

business
Fake Vapes, Counterfeit Cannabis Products Threaten New York Legal WeedThis week, guest writer Cailley LaPara takes a look at how New York’s slow-moving legalization process has opened the state to a flood of imitation cannabis products. This is both a public-health challenge and a threat to the newly formed recreational market.February 6, 2023

markets
Saudis Stay Cautious on Oil Production, Despite WarningsSaudi Arabia’s energy minister Prince Abdulaziz bin Salman says the kingdom will remain cautious about raising oil production, even as several prominent analysts warn rising demand will soon cause prices to rise beyond $100 a barrel. Bloomberg's Paul Wallace reports on what the remarks mean for oil prices. (Source: Bloomberg)February 6, 2023