Focus on Business
US sets new safety measures as deep sea oil drillers test new depths
New BSEE rules for ultra-high pressure offshore drilling follow Chevron's breakthrough Anchor project, enhancing safety standards for high-stakes operations.
First Solar lowers annual sales forecast, posts rise in Q3 profit
First Solar cuts its 2024 sales forecast to $4.10–$4.25 despite a 16.6 per cent Q3 profit rise, aided by Biden's tariffs on imports.
Offshore wind industry says ‘misinformation’ from foes is a strong headwind it must fight
The U.S. offshore wind industry is combating disinformation about wind farms, including false claims linking them to whale deaths.
US chooses winning bids in first commercial sale for floating offshore Atlantic wind
The U.S. government awarded nearly $22 million in bids for floating offshore wind leases off New England, advancing clean energy goals.
Chile govt readying bond to incentivize future conservation
Chile has created a new bond to ensure long-term conservation commitments, linking financial penalties to environmental goals, said Environment Minister Maisa Rojas.
Alberta applies for judicial review of federal carbon price, calls it unfair
Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa's exemption of the carbon levy on home heating oil.
Explainer: What happens as EU concludes investigation of Chinese-made EVs?
The EU formally approved imposing tariffs on Chinese-made EVs on Tuesday after an investigation that has divided the bloc.
Mexico’s Pemex posts wider third-quarter loss of $8.2 billion
Pemex has reported a deeper 161.3 billion peso ($8.2 billion) third-quarter net loss, according to a filing with the Mexican stock exchange.
EU adopts extra tariffs of up to 35.3% on Chinese EVs
The EU will impose new tariffs on Chinese electric cars after a probe found unfair subsidies, risking trade tensions with Beijing.
