Focus on Business
Coterra Energy posts lower quarterly profit
U.S. oil and gas producer Coterra Energy posted a 22 per cent decline in third-quarter profit on Thursday, hurt by weak prices of...
US offshore wind execs fret privately over possible Trump election win
Offshore wind industry braces for impact as election uncertainty looms, eyeing potential setbacks under a Trump administration.
Carlyle sells holding in Tunisia-focused Mazarine Energy to CEO
Carlyle exits Mazarine Energy, selling majority stake to CEO van Kersbergen for continued growth in Europe and Africa.
US oil output hits monthly record high in August, EIA says
US oil production rose 1.5 per cent in August to a monthly record high of 13.4 million bpd, the Energy Information Administration said.
Woodside and Tokyo Gas in discussions over stake in US LNG project
Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas export project
Gender inclusion in solar PV is needed to expand energy access in Africa and Asia
Limiting women’s participation in the solar PV sector exacerbates skills shortages needed to develop, install, operate and service solar solutions.
EV maker Nikola posts bigger-than-expected quarterly loss, shares fall
The EV maker's shares plunged 5% on the news that it had fallen over $10 million short of revenue expectations.
Ford to halt production of F-150 Lightning EV pickup trucks for six weeks
"We continue to adjust production for an optimal mix of sales growth and profitability," a Ford spokesperson said.
Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago
The Canadian oil and gas company's profits took a $1 billion hit year-on-year.
US LNG exports to rise at smallest pace since 2016
The dollar value of U.S. LNG exports peaked at $47.33 billion in 2022, when prices skyrocketed after Russia's invasion of Ukraine.
