Focus on Business
Energean to sell Med oil and gas assets to Carlyle for up to $945 million
Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945m, the oil...
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the EU dropped 12% in May from a year earlier, led by a 30% plunge in Germany,...
Shareholders warn Nippon Steel faces higher decarbonisation costs with U.S. Steel takeover
Nippon Steel's proposed acquisition of U.S. Steel risks raising decarbonisation costs for Japan's top steelmaker, an activist shareholder group said, urging the company...
Brazil agency nears decision amid Petrobras pressure to explore offshore Equatorial Margin
BRASILIA/RIO DE JANEIRO – The head of Brazil’s environmental agency said on Wednesday that he expects a decision soon on state-owned oil company...
LNG company plans to use ‘floatel’ near Squamish, B.C., without local permit
Woodfibre LNG, the company behind a project near Squamish, B.C., has withdrawn its application for a local permit to house workers in a...
Caribbean Development Bank chief says ‘no time to waste’ on climate action
The Caribbean Development Bank's acting president called for immediate action to fund efforts to protect the region's coastlines and population from the growing...
Senate probe urges France stop importing Russian LNG
A Senate investigating committee called Wednesday for France to stop importing Russian liquefied natural gas (LNG) and push for the fuel to face...
EV startup Fisker’s U.S. units file for bankruptcy
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a...
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs
