Focus on Business
Trans Mountain revises heavy crude standards on pipeline after quality concerns
Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised...
Companies setting climate transition plans up 44% in 2023, research shows
The number of companies saying they have a climate transition plan in line with the world's most ambitious goal has jumped by nearly...
Detroit Three automakers should exit China, leading analyst says
John Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be...
Canada oil and gas emissions cap likely to curtail production, report says
In a report commissioned by Alberta, Deloitte modelling showed that implementing carbon capture and storage would render high-cost oil sands mines economically unviable.
Researchers testing climate mitigation measures to support tea farming
A coalition of researchers has begun trials to test climate mitigation and resilience measures that will boost tea farming.
Tesla must face owners’ lawsuit claiming it monopolizes vehicle repairs and parts
A U.S. judge said Tesla vehicle owners can pursue a proposed class action accusing billionaire Elon Musk's electric car company of monopolizing markets...
US unveils rules for subsidies to boost clean energy wages
U.S. President Joe Biden wants to make jobs and wages in green industries such as solar competitive with those in oil and gas.
Singapore’s Temasek to sell Pavilion Energy to Shell
Shell hopes the deal with Temasek will strengthen its position in the liquefied natural gas market.
Musk plans stock option grants to Tesla’s high-performers, sources say
Electric vehicle maker Tesla has previously warned of a sharp slowdown in sales.
EV startup Fisker files for bankruptcy
Fisker has been trying to ramp up production of its Ocean SUV, which has had software and hardware issues.
