USA
Global IT outage in July exacerbated California fuel storage issues, says storage broker
The outage forced U.S. traders to store jet fuel on tankers, exacerbating California's existing petroleum storage constraints.
GM must face big class action over faulty transmissions
A federal appeals court has ordered GM to face a class action lawsuit over claims that it knowingly sold vehicles with faulty transmissions...
Scaling decarbonization: What Massachusetts can teach us about meeting climate goals
Decarbonizing buildings is key to climate goals, requiring accessible, affordable retrofits through a strong, streamlined market.
Texas is sued over anti-ESG law
A nonprofit sued Texas to block a law that penalizes businesses supporting reduced fossil fuel use, claiming it violates free speech.
Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal
Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said.
Biden administration finalizes solar lands plan, touts permitting progress
Plan identifies 31m acres with high solar potential and low conflicts with wildlife and plant habitats.
Wary of Trump, US minerals projects rush to close government loans
Battery and EV mineral firms hope to pay back collective $25bn in loans to US government amid fears Trump would shut down program.
J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
Revised forecast for US EV sales comes after Ford scrapped plans for new electric models, but electric could reach a 36% market share.
Buffett’s Berkshire Hathaway hits $1 tn market value
Berkshire Hathaway briefly hit a $1 trillion market cap, becoming the first non-tech firm on Wall Street to reach this milestone.
Two Republicans want Pentagon to add Chinese battery maker CATL to restricted list
Top Republican lawmakers urge U.S. Defense Department to restrict Chinese battery maker CATL, citing ties to Beijing's military.
