Focus on Finance
Glencore studying an approach for Anglo American, sources say
Anglo American is attractive to its competitors for its prized copper assets in Chile and Peru, a metal used in everything from electric...
Rivian receives $827 million incentive package to expand Illinois facility
The Illinois plant, where Rivian also makes its electric delivery vans for its largest investor, Amazon.com, can produce 150,000 vehicles a year, the...
Record loss for Russia’s Gazprom as European market closed
Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to...
Canadian Natural Resources sees path to hike Horizon oilsands output by 76%
Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of...
Banks slow to limit coal financing: NGO
Environmental group Urgewald's coal report shows banks continue to lend billions to the fossil fuel industry, jeopardising Paris Agreement goals.
More money going to African climate startups, but huge gap remains
In Africa, climate funding has raised $3.4 billion – but it's going to need $277 billion a year to meet 2030 goals. Where...
US State Dept says oil service firm SLB is not violating Russia sanctions
The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....
Citigroup sees loan book hit in climate action ramp-up, document shows
Citigroup climate risks document prepared for Federal Reserve shows potential for $7bn losses if the energy transition is on track for net zero...
EV maker Polestar to delay fourth-quarter results for a second time
Swedish electric-vehicle maker Polestar Automotive will delay the publication of its fourth-quarter and full-year 2023 financial results for a second time, a spokesperson...
