Focus on Business
Power producer Calpine explores options including $30 billion sale, sources say
By David French (Reuters) – The investment firms that took U.S. power plant operator Calpine Corp private six years ago are exploring options...
BP looks to buy Tesla’s Supercharger sites in US: Bloomberg News
BP's electric charging unit is keen on buying Tesla's Supercharging sites in the United States: Bloomberg News
Citgo Petroleum reports first quarter profit of $410 million
The Venezuela-owned company said its throughput rose to 830,000 barrels per day, the third highest in its history, up from 814,000 bpd in...
Porsche recalls thousands of Taycans over faulty batteries
German sports carmaker Porsche on Thursday confirmed it had recalled several thousand of its electric Taycan model because of risks their batteries could...
Canadian oil executives expect sustained period of strong crude prices: survey
Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to...
OPEC switches to ‘call on OPEC+’ in global oil demand outlook, sources say
From this month, OPEC will reportedly only give estimate of demand for crude from the wider OPEC+ group as it is 'more relevant'.
China’s BYD will consider second Europe plant in 2025, exec says
As Xi Jinping wraps up European tour, leading Chinese EV maker BYD says second European plant under consideration.
Brazil’s Eletrobras net income down 19% in Q1
Latin America's largest utility Eletrobras Q1 report shows net profit down as it pursues new strategies.
Corporate climate watchdog document deems carbon offsets largely ineffective
UN-backed non-profit's findings in draft document show that carbon credit schemes fail to deliver benefits and exaggerate their effectiveness.
