Month: October 2023

EU executive proposes methane emissions limit on gas imports  

Reuters exclusively reported that the European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s international fossil fuel suppliers including the U.S. to cut leaks of the potent planet-warming gas.  The post EU executive proposes methane emissions limit on gas imports   appeared first on […]
Read More

A tale of setbacks as Venezuela’s Citgo heads to US auction 

Reuters exclusively reports that for the past four years, the United States protected oil refiner Citgo Petroleum from creditors seeking to seize Venezuela’s foreign crown jewel for billions of dollars in claims. But on Monday, a U.S. judge will kick off an auction expected to place the Houston-based company in the hands of rivals or […]
Read More

Kenya plans $500 million Eurobond buyback with new loans 

Reuters was first to report that Kenya’s government plans to buy back up to a quarter of its $2 billion international bond maturing next year before year-end. The decision comes after the east African country secured new loans, central bank governor Kamau Thugge told Reuters on the sidelines of the World Bank and IMF meetings […]
Read More

Sigma Lithium COO steps down in new leadership shakeup, shares dive 

Reuters reported exclusively on Thursday that Sigma Lithium’s chief operating officer left the company last month, sending shares of the miner 7% lower amid its latest leadership shakeup. Sigma on Friday confirmed the executive’s departure. The story followed an exclusive report the week before on a mining rights dispute involving the husband-and-wife pair who ran […]
Read More

TSMC tells vendors to delay chip equipment deliveries 

Reuters exclusively reported that Taiwan’s TSMC (2330.TW) has told its major suppliers to delay the delivery of high-end chipmaking equipment, as the world’s top contract chipmaker grows increasingly nervous about customer demand.  The post TSMC tells vendors to delay chip equipment deliveries  appeared first on Reuters News Agency.
Read More

Hitachi offers to sell assets to win EU okay for Thales rail deal 

Reuters exclusively reported that Hitachi (6501.T) has offered to sell assets in France and Germany as well as its core train control technology to gain EU antitrust approval for its 1.7 billion euro ($1.8 billion) buy of Thales’ (TCFP.PA). GTS railway signalling business. The Japanese conglomerate put in its offer to the European Commission on […]
Read More