Focus on Business
Irving Oil president to step down as company undergoes strategic review
FREDERICTON — The president of Irving Oil is stepping down as the company undergoes a strategic review that includes the possible sale of...
Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows
CALGARY — New data from the Canada Energy Regulator shows Canadian crude-by-rail shipments nearly doubled in volume in the last six months of...
EU awards Italian energy groups $402 million for green hydrogen
ROME (Reuters) – The European Commission has awarded financing of up to 370 million euros ($402 million) to set up a ‘Green Hydrogen...
Brazil, France partner to tackle illegal mining in French Guiana, sources say
By Ricardo Brito BRASILIA (Reuters) – Brazil and France are set to sign an international cooperation agreement that would allow police from both...
Germany plans to enable underground storage of carbon dioxide at offshore sites
BERLIN (AP) — Germany plans to enable underground carbon storage at offshore sites, pushing ahead with a much-discussed technology in an acknowledgement that...
EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger
By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in their Nasdaq debut on Friday, recouping...
Brazil’s Vale sees no sign of environmental breach at suspended mines
SAO PAULO (Reuters) -Brazilian miner Vale does not see signs of environmental or social breach at two of its mines whose operating licenses...
US regulator drops some disclosure requirements from draft climate rules
The SEC has reportedly dropped a requirement for U.S.-listed companies to disclose so-called Scope 3 emissions, which was included in its original draft...
