Focus on Business
Less offshore energy decommissioning work carried out in UK last year despite higher spend
UK decommissioning spend rose to £1.7bn in 2023, but well closures fell nine per cent, with resource clashes and cost inflation stalling progress.
Sayona Mining, Piedmont agree to create $623 million lithium miner
Australia's Sayona Mining acquires U.S.-based Piedmont Lithium in a $623M all-stock deal.
What to know about Chris Wright, Trump’s choice to run the Energy Department
Trump’s Energy Secretary pick, Liberty Energy CEO Chris Wright, backs fossil fuels, fracking, and plans to reverse Biden’s climate policies.
Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal
Nippon is looking to close its $14.9 billion deal for U.S. Steel by the end of the year before President-elect Trump enters the...
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
Chipmaker Wolfspeed ousts CEO Gregg Lowe amid EV demand slowdown; shares rise six per cent as company plans layoffs and factory closure.
Stellantis CEO says will adapt to U.S. market under Trump
Stellantis CEO Tavares says firm will adapt to potential Trump policy shifts, offering U.S. models in electric, hybrid, and gas options.
Summit host Azerbaijan warns COP29 cannot succeed without G20 boost
COP29 host in Azerbaijan urges G20 leaders to prioritize climate action as they meet in Brazil.
Tesla gains on report Trump’s team planning federal self-driving vehicle regulations
Tesla shares jumped over 5% Monday after reports of Trump's team planning federal rules for autonomous vehicles.
COP29: US-UAE climate-friendly farming partnership grows to $29 billion
Launched in 2021, 'AIM for Climate' has secured $29.2 billion in funding for agricultural innovation.
Can a COP29 deal clean up scandal-ridden carbon offsets?
COP29 carbon credit deal could fund emissions cuts, but past scandals mean trust must be regained first.
