Focus on Business
U.S. FTC probes Hess, Occidental execs over OPEC communication: report
The U.S. Federal Trade Commission is probing executives from major oil firms over their communications with OPEC officials.
Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties
Stellantis paid $190.7M in penalties for 2019-2020 fuel economy shortfalls and owes $459.7M more, NHTSA documents reveal.
US court upholds EPA rule on coal plant emissions despite industry pushback
The court upheld the rule requiring coal plants to cut carbon emissions by 90% or shut down, a key part of Biden's climate...
Tesla halted some production lines due to global IT outage: report
Tesla halted some production lines due to a global IT outage linked to a CrowdStrike software update, affecting facilities in Texas and Nevada,...
Colombia’s Ecopetrol in talks to buy $3.6 billion CrownRock stake from Occidental
Colombia's Ecopetrol said on Friday that it is in talks with US oil major Occidental Petroleum to possibly buy a stake in CrownRock.
ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say
ExxonMobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, according to sources
China lithium rebounds on Chile earthquake, but demand concerns persist
China's lithium prices rebounded on Friday, although growing demand concerns weighed on the metal used in electric vehicle batteries.
China’s Sinopec reports first-half crude throughput up only 0.1%
China's Sinopec, Asia's largest refiner, on Friday reported first-half crude throughput little changed year on year
Hawaiian Electric, others agree to proposed $4 billion Maui wildfire deal: report
Hawaiian Electric Industries and others have tentatively agreed to a $4B+ settlement over Maui wildfires, settling multiple lawsuits.
