Equinor’s new Arctic oilfield to pay back $8 billion investment in under 2 years
Equinor's Johan Castberg oilfield in the Arctic Barents Sea began production on Monday after several delays, and is expected to repay its 86 billion Norwegian…
Sempra to sell Mexico energy assets, stake in infrastructure unit
Utility firm Sempra will sell some energy infrastructure assets in Mexico and a minority stake in Sempra Infrastructure to fund its five-year capex plan of…
United receives FAA approval for first Starlink-equipped airplanes
United Airlines said Monday the Federal Aviation Administration has approved its first Starlink-equipped aircraft type and that the first commercial flight is planned for May.
Toyota says it will maintain operations despite US tariffs
Toyota will keep running its operations as it has been and focus on bringing down fixed costs, it said on Monday, not expressing any intention…
Trump threatens secondary tariffs on Russian oil if unable to make deal on Ukraine
President Donald Trump said on Sunday he will impose secondary tariffs of 25% to 50% on all Russian oil if he feels Moscow is blocking…
China’s CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says
The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news…
Trump says Zelenskiy wants to back out of critical minerals deal
U.S. President Donald Trump said on Sunday Ukrainian President Volodymyr Zelenskiy wants to back out of a critical minerals deal, warning the Ukrainian leader would…
Hundreds of thousands of eastern Canadians face power outages due to ice storm
Over 300,000 Canadians faced power outages in parts of Ontario on Sunday as an ice storm pummeled the region over the weekend, according to electricity…
India court rejects JSW Steel, Trafigura request to clear certain met coke imports
An Indian court has declined requests from JSW Steel and Trafigura to allow certain shipments of a steelmaking raw material, a court order showed, the…
Why Trump’s auto tariffs will hurt his working-class supporters
Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold…
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