Ukraine to Cut Imports of Indian Diesel over Russian Oil Links
Ukraine is restricting imports of diesel from India due to India’s continued purchases of Russian crude, which holds about a third of total Indian oil imports. Effective October 1, Ukraine……
Musk Buys $1 Billion Tesla Shares After Huge Payout Proposal
Elon Musk bought on Friday shares in Tesla worth about $1 billion, a regulatory filing showed on Monday, just over a week after…
Azeri State Oil Firm Socar Set to Buy Italian Refiner
Azerbaijan’s state oil company Socar is close to signing a deal to buy privately-held Italian refiner Italiana Petroli, Reuters reported on Monday, citing…
Ørsted Plans Major Share Sale for $9.4 Billion Lifeline
Ørsted will offer new shares with pre-emptive rights for existing shareholders at a 67% discount to Friday’s closing price, the world’s largest offshore wind developer said on Monday…
Germanium Prices Soar to 14-Year High
Prices of the metal germanium, critical for making infrared military equipment including in fighter jets and missiles, hit a 14-year high this month as the Chinese export restrictions…
Renewable Chemical Market Set To Reach $525 Billion by 2035
The global renewable chemicals market, driven by a broad shift toward sustainable alternatives, is projected to grow to a value of $525.8 billion by 2035, according to a…
Magnet-based tech could advance oxygen in space
A technique that uses magnets to separate oxygen from hydrogen could advance oxygen production for space missions, according to a team of researchers from the Center of Applied Space Technology…
US businesses ‘remain in the energy transition’ despite policy moves
The US federal administration may be turning away from the energy transition but many of America’s most important businesses and investors are certainly not, according to think tank Chatham House.…
