Focus on Business
US targets Venezuela oil company chief, others with sanctions
US sanctions target Venezuela's PDVSA chief Obregon amid Maduro's claims of economic war and resilience.
Canada’s Imperial Oil says senior executive to leave for Exxon Mobil
In 2023, Imperial Oil had said it would invest C$720 million ($539 million) to construct Canada's largest renewable diesel facility.
Constellation Energy to buy Calpine in blockbuster $16.4 billion US power deal
The deal comes at a time when electricity demand is expected to rise to record highs.
BYD steps up Europe expansion with new compact SUV
The launch comes two months after the European Union approved increased tariffs on Chinese-built EVs.
Analysis: Politics, not climate, to drive sustainable finance trends in 2025
Turbulent sustainable finance looms in 2025 as Trump's return fuels US–Europe regulatory split amid slow climate action.
JPMorgan upgrades YPF, expecting further growth for Argentine energy sector
In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.
Tesla recalls 239,000 US vehicles over rear-view camera issue
Tesla said on Friday it is recalling about 239,000 vehicles in the United States because rear-view cameras may fail to work.
Mercedes-Benz 2024 car sales fall in tough year for automakers
Annual sales of battery-electric cars (BEV) dropped by 23% to 185,100 vehicles, adding pressure on the carmaker.
Rural Minnesota counties work together to simplify clean energy development and maximize local benefits
Southwest Minnesota has the state’s densest concentration of wind turbines and is increasingly attracting solar developers, too.
Hyundai launches $18,000 EV in Japan to penetrate EV-wary market
South Korea’s Hyundai aims to boost its Japan sales tenfold with the Inster, a 2.85M-yen ultra-affordable compact EV, challenging local giants.
