Focus on Business
Hawaiian Electric, others agree to $4 billion Maui wildfire settlement
Blazes tore through Maui on Aug. 8 2023, killing over 100 people and causing damage estimated at $5 billion.
Petrobras’ bid for Galp’s Namibia prospect to include at least one partner: sources
Petrobras seeks a partner for its bid on a 40% stake in Namibia's Mopane oil prospect, aiming to share risk in this key...
Citgo auction pits Icahn-backed oil refiner, creditor group
Icahn and creditors battle in final bids for Citgo, aiming to claim stakes in $21.3B Venezuelan debt auction.
Enbridge makes progress on utility purchases; raises earnings forecast
Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.
ScottishPower owner buys north-west England’s power network for £2.1bn
ScottishPower expands in UK, acquiring north-west England's grid for £2.1B, boosting its reach to 12M people across the UK.
Morrisons increases store freezer temperature to cut carbon emissions
UK chain Morrisons joins 'Move To Minus 15' campaign in trial of higher temperatures for freezers across 10 stores.
Imperial Oil takes $1.13bn in net income, up from $675m a year ago
Income nearly doubles in Imperial Oil Q2 results, with production up.
Utility PPL beats Q2 profit estimates on warmer weather
Extreme heat drives energy usage up to deliver PPL Q2 results ahead of expectations.
Exxon delivers $9.2 billion second-quarter profit, raises output target
Rising oil prices and a boost from buying Pioneer lead Exxon Mobil to bumper Q2 profits.
Chevron reports Q2 earnings miss on weak refining margins
Chevron Q2 results affected by weak refining margins.
