Focus on Business
Renault 2024 sales volumes grow 1.3%, helped by hybrids
Almost 20% of Renault's sales this year will need to be electric vehicles to comply with EU emissions targets.
Chipmaker NXP gets 1 billion euro loan from EIB for European projects
NXP secures €1B EIB loan for R&D in five EU countries, focusing on semiconductors, energy efficiency, and critical technologies.
Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports
Civitas Resources is considering selling its Denver-Julesburg Basin assets, potentially valued over $4 billion, to focus on Permian.
Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal
In the first case of its kind to reach the UK's Supreme Court, a billionaire oil tycoon challenges UK sanctions.
Russian oil products trapped at sea by US sanctions, LSEG data shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday.
Investigation: How mega-polluters take advantage of billions in green loans
Sustainability-linked loans are under scrutiny for enabling major polluters to avoid accountability while expanding harmful operations.
Albertans await decision on potential coal mine as public hearings wrap up
Protests mark final hearing on controversial Alberta coal mine, as decision nears on Northback Holdings' project.
Senate Democrats urge Republican to delay hearing for Chris Wright
Democrats urge delay in confirmation hearing for Trump's energy nominee Chris Wright, citing missing ethics paperwork.
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
U.S. oil production is poised to set a larger record this year than prior estimates, the EIA said in its Short-Term Energy Outlook...
