Tuesday, 11 February 2025

Focus on Business

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsOilSustainable Aviation FuelUtilities

Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%

Billionaire Warren Buffett’s Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the...

FILE - Nuts, bolts and fittings are ready to be added to the east leg of the pipeline near St. Ignace, Mich., as Enbridge Inc. Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday. (Dale G Young/Detroit News via AP, File)
BusinessCourtsNewsOilPoliticsTransmission

US federal appellate panel sends Michigan Line 5 pipeline challenge to state court

Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs...

FILE PHOTO: Holding tanks are pictured at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, New Jersey, U.S., May 10, 2021. REUTERS/Hussein Waaile/File Photo
BusinessFinanceFuelNewsOilTransmission

Some Colonial Pipeline owners eye stake sales at $10 billion-plus company valuation, sources say

Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation...

BusinessEconomyLabourNewsOilPolitics

Brazil environmental agency strike cutting oil output by 80K barrels per day: lobby

A partial strike by employees at Brazil's environmental agency, which approves oil licenses, is reducing the nation's oil output by some 80,000 barrels...

FILE PHOTO: Electric power transmission pylon miniatures and Southern Company logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityNewsNuclear Power

Southern Company CEO sees more industry nuclear commitments in US by 2030

Power provider Southern Company CEO Chris Womack said on Monday he expects more industry commitments to build gigawatt-scale light water nuclear reactors in...

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCourtsFinanceNewsOilPoliticsRegulations

Trafigura agrees to pay $55 million to settle U.S. CFTC charges

A unit of global commodities trader Trafigura has agreed to pay a $55-million civil fine to settle U.S. Commodity Futures Trading Commission charges...

General view of Citgo Petroleum headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura
BusinessCourtsEconomyFinanceNewsOilPolitics

Financial alliances build as Citgo share auction enters last mile

In the last mile of an unprecedented auction to pay up to $21.3 billion from past expropriations and debt defaults in Venezuela, a...

AnalysisBusinessEconomyElectricityPoliticsRegulationsReportsSolarStorageUtilities

Australia’s Energy Future: Consumer Energy Resources

The Australian Energy Council has published a discussion paper on the growing role of consumers in the energy transition and how to better...

Taseko Mines Ltd, says it has reached a tentative agreement with striking employees at its Gibraltar Mine in central British Columbia. The Taseko Mines logo is shown in an undated handout. THE CANADIAN PRESS/HO-Taseko Mines
BusinessLabourMiningNews

Taseko says tentative deal reached with striking workers at Gibraltar mine

VANCOUVER — Taseko Mines Ltd. said it had reached a tentative agreement with striking employees at its Gibraltar Mine in central British Columbia....

Tesla electric vehicle chargers are seen during a sunset at a petrol station in Xinzo de Limia, Spain June 10, 2024. REUTERS/Nacho Doce
BusinessCourtsElectric Vehicles (EVs)NewsTransport

Tesla sues ex-supplier Matthews over EV battery trade secrets

Matthews began supplying Tesla with manufacturing machinery in 2019.

Login into your Account

Please login to like, dislike or bookmark this article.