Focus on Business
Orsted books new losses, flags delay at US offshore wind project
Orsted halted its FlagshipOne green e-methanol project, citing slower market development, impacting shares significantly.
BHP strike in Chile enters third day, buoying global copper price
BHP and the worker union held an initial meeting on Wednesday in a bid to defuse the Escondida mine strike but failed to...
Ola Electric launches electric motorbikes days after going public
In a bid to break scooters' popularity, Ola Electric motorbikes launched to capture the two-wheeler market in India.
Toyota bets big on hybrid-only models as EV demand slows
Hybrid strategy for Toyota will see carmaker less focused on creating fully electric vehicles while complying with tough regulations.
Chevron to pay $550 million settlement to Richmond, California
City council drops ballot on refinery tax after Chevron's Richmond settlement proposal to pay $550m over a decade.
Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions
A spokesman for Comptroller Glenn Hegar said NatWest was added to the list because of restrictions it has added on energy financing.
Developers of stalled Minnesota copper-nickel mine plan studies that may lead to significant changes
NewRange Copper Nickel will study ways to improve environmental safeguards and efficiency after years of delays due to regulatory challenges.
Equinor, Dominion win US Central Atlantic offshore wind auction
Equinor and Dominion won U.S. offshore wind leases off Delaware, Maryland, and Virginia in a lackluster auction, reflecting challenges in Biden's climate agenda.
Striking BHP miners reject new talks as Escondida standoff hardens
Initial meeting over BHP mine strike does not constitute formal start of talks as copper site continues limited operations.
