Focus on Business
US unveils policy to boost carbon offset market integrity
Carbon offset integrity will be bolstered by new rules, hopes United States, in move to "unlock the power of private markets".
Lobby group says emissions cap would cost Canada’s oil and gas sector $75B in lost investment
An oil and gas lobby group says the federal government's proposed emissions cap on the sector combined with its stringent targets for methane...
BP, Shell and EOG vie for acreage in Trinidad’s oil and gas auction
Trinidad and Tobago received six bids from BP, Shell and US shale producer EOG Resources on four blocks to explore for oil and...
Caribbean leader blasts ’empty’ climate promises at small islands summit
The president of this decade's summit for Small Island Developing States on Monday blasted "empty" and "grossly inadequate" climate pledges, saying wealthy nations...
Brazil surpasses Belgium as top export market for Chinese EVs
Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, according to Chinese data.
Oil steadies after weekly decline on U.S. interest rate prospects
Muted trading on oil follows downbeat week coinciding with public holidays in Britain and the US, with next month set to bring OPEC+...
Stellantis to announce Italy-produced hybrid 500 EV, sources say
Building hybrid Fiat 500e will help revive fortunes at Mirafiori plant in Italy, improving relations between Stellantis and the Italian government.
Rio Tinto and BHP to collaborate on electric haul truck trials in Pilbara
Electric haul truck technology to be tested in Australian mining region to see if battery-operated vehicles could reduce emissions.
Shares of China Evergrande’s EV unit soar after liquidators’ deal
Liquidators agree to sell a stake in embattled electric vehicle maker China Evergrande, prompted shares to more than double.
