Focus on Business
Price of China’s strategic germanium hits record high on possible state buying
Prices of germanium, a strategic metal key to chipmaking, hit a record high on Wednesday in top producer China
British electricity giant SSE sees 60% jump in renewable energy generation in early summer
Electricity giant SSE said it generated nearly two-thirds more renewable energy in the early summer months than in the same period last year
Serbia eyes lithium deals with Mercedes, Stellantis, VW, president says
Serbia will give Mercedes-Benz, VW and Stellantis the opportunity to purchase lithium for car batteries as they prioritise EU carmakers
Renault posts 1.9% rise in first-half sales volume
The company sold 1,154,700 vehicles globally compared to 1,133,478 units last year, with almost three-quarters of that volume going to Europe
Volvo Cars blames EU tariffs as it cuts 2024 sales forecast
Volvo produced 211,900 cars in the second quarter, more than it sold amid the decline in European demand for EVs.
US judge suspends Alaska Cook Inlet lease, pending additional environmental review
JUNEAU, Alaska — An environmental review underpinning a 2022 oil and gas lease sale in Alaska failed to properly analyze the potential impacts...
Pipeline and terminal operator Kinder Morgan reports Q2 miss, remains optimistic on natgas demand
The earnings fell short due to higher costs and CO2 segment weakness, with adjusted profit at 25 cents per share, missing estimates.
Wind power operations off Nantucket Island remain suspended after turbine blade parts washed ashore
Power production on the lease area has been suspended and installation of new wind turbine generator construction is also on hold.
US imports of Canadian crude hits record high following TMX startup
US imports of crude oil from Canada rose last week to its highest on record, data from the Energy Information Administration showed
