Focus on Business
Analysis: A mountain of asset sales loom after oil megamerger era
US oil and gas companies could struggle to sell $27bn assets as wave of energy megamergers nears the end of regulatory reviews
Volkswagen stock slips on cost, implications of Rivian JV; Rivian soars
VW shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. EV maker Rivian
Volkswagen’s $5 billion investment in Rivian boosts EV maker’s shares
The partnership will help Volkswagen accelerate its plans to develop software-defined vehicles (SDV).
ExxonMobil says French refinery may be suspended if strike continues
PARIS (Reuters) – ExxonMobil may need to suspend production at its Gravenchon refinery in northern France if striking workers continue to block access...
Albemarle plans more lithium auctions to boost market transparency
"Lithium prices that we're facing at these levels are concerning...but I believe the energy transition is inevitable. Our long term demand projections (for...
Who is investing in energy around the world, and who is financing it?
Commentary from the IEA: To understand the prospects for a rise in capital investment in the energy sector, one must understand who is...
Exxon, South Korea’s SK On sign non-binding deal for lithium supply
Battery maker SK On will use the lithium for EV batteries.
Berkshire Hathaway accelerates sales of China’s BYD
BEIJING/NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway has accelerated its selling of shares in BYD, China’s largest seller of electric vehicles. Berkshire...
A big boost for a climate solution: electricity made from the heat of the Earth
Southern California Edison is backing a new geothermal power development in Utah.
Nissan to start producing EVs for Dongfeng Motor by year-end, Nikkei reports
The carmaker hopes the deal will lift it out of a slump.
