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May 6, 2024.  REUTERS/David Swanson
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla shareholders advised to reject Musk’s $56 billion pay

Advisory firm recommends voting against $56bn pay package for Tesla CEO Elon Musk, warning of his preoccupation with other "time-consuming projects".

FILE PHOTO: The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021.  REUTERS/Carlo Allegri/File Photo
BusinessMineralsMiningNews

BlackRock encouraged Anglo to extend BHP talks, source says

US-based asset manager helped BHP's bid for Anglo American by encouraging key shareholders to continue talks over proposed merger.

BusinessElectricityNewsNuclear PowerRegulationsTransmissionUtilities

Enel chairman says investments in grids are financially attractive

Investments in power grids are attractive for Italian power utility Enel and other groups that distribute electricity because, once approved by the authorities,...

Enerplus Corp. says its shareholders have voted to approve a takeover of the company by U.S. company Chord Energy Corp. The corporate logo of Enerplus Corp. is seen in this undated handout photo. THE CANADIAN PRESS/HO, Enerplus
BusinessCourtsEconomyLegislationNatural GasNewsOilPolitics

Enerplus-Chord Energy deal gets OK from shareholders, Investment Canada Act

Enerplus Corp. says its shareholders have voted to approve a takeover of the company by U.S. company Chord Energy Corp. The Calgary-based oil...

British Columbia's government says a $900 million project to create a hydrogen production and a provincewide refuelling network will create hundreds of jobs. B.C. Premier David Eby speaks during an announcement in a greenhouse at Westcoast Vegetables in Delta, B.C., on Monday, March 18, 2024. THE CANADIAN PRESS/Darryl Dyck
AutomotiveBusinessEconomyHydrogenInfrastructureLabourNewsPoliticsTransport

Hydrogen project in Canada’s B.C. will create nearly 300 jobs, cut emissions: premier

The British Columbia government says a $900 million project to create a network of hydrogen production plants and refuelling stations will create nearly...

The University of Calgary says it is planning a potential relaunch of its oil and gas engineering program, which it suspended three years ago due to dwindling student demand. The campus of the University of Calgary, Saturday May 29, 2004. THE CANADIAN PRESS/Adrian Wyld
EconomyLabourNatural GasNewsOil

University of Calgary looks to relaunch oil engineering program after hiatus

The University of Calgary had earlier seen a decline in student interest in the program, which also coincided with an uptick in interest...

TotalEnergies won overwhelming backing for its climate strategy and a new term for its CEO (AFP)
BiodiversityBusinessClimateEmissionsNatural GasNewsOilPolitics

Defying protests, TotalEnergies says it is seeking new oil fields

The boss of TotalEnergies told shareholders Friday the French energy giant needed to develop new oil fields to meet global demand, as their...

FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed Saudi Aramco logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyFinanceNewsOilPolitics

Saudi Arabia plans Aramco share sale as soon as June, sources say

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be one of the...

FILE PHOTO: French energy group TotalEnergies CEO Patrick Pouyanne attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. LUDOVIC MARIN/Pool via REUTERS/File Photo
BusinessNewsOil

TotalEnergies’ boss Patrick Pouyanne re-appointed to board, approved by around 76% of shareholder votes

Patrick Pouyanne, chairman and chief executive of French oil major TotalEnergies, was re-appointed to the company's board by around 76 percent of shareholder...

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessCourtsFinanceNewsOilPolitics

U.S. Republican states support Exxon in shareholder activism dispute

Exxon's pursuit of the case against Arjuna Capital and Follow This over a proposal the company push for stricter climate targets, even after...

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