Chevron, Phillips venture to pay millions for air violations at chemical plants

(Refiles to correct headline to show company is Chevron and Phillips joint venture not Chevron unit)

newspaper

10-03-2022

Rio Tinto slashes ties with Russian businesses over Ukraine war

(Reuters) -Rio Tinto on Thursday became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies in a pullout following Moscow's invasion of Ukraine.

newspaper

10-03-2022

Explainer-Why Japan's power sector depends so much on LNG

TOKYO (Reuters) -Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia's oil and liquefied natural gas (LNG) after Moscow's invasion of Ukraine.

newspaper

10-03-2022

Explainer - Why Japan's power sector depends so much on LNG

Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia's oil and liquefied natural gas (LNG) after Moscow's invasion of Ukraine.

newspaper

10-03-2022

Rio Tinto to end commercial relationships with Russian businesses

(Reuters) -Rio Tinto on Thursday became the latest corporation to cut ties with Moscow saying it was ending all commercial relations with Russian businesses.

newspaper

10-03-2022

UAE says it is committed to OPEC+ agreement, monthly mechanism

(Reuters) -The United Arab Emirates is committed to the OPEC+ agreement and its existing monthly production adjustment mechanism, its energy minister said on Wednesday, hours after the Arab country's ambassador to Washington said it favors an output increase.

newspaper

09-03-2022

Colombia's February inflation an unpleasant surprise - central bank official

Colombia's February inflation data was a surprise for everyone, including central bank co-director Roberto Steiner, the official said on Wednesday, one of seven people who sits on the monetary authority's board.

newspaper

09-03-2022

Chevron unit to pay millions for air violations at chemical plants

WASHINGTON (Reuters) -A joint venture between Chevron Corp and Phillips 66 has agreed to spend $118 million to upgrade and clean up three of its petrochemical plants on the Gulf Coast and pay a $3.4 million civil penalty as part of a settlement for violating federal air quality rules, the U.S. Justice Department announced on Wednesday.

newspaper

09-03-2022

Tesla will pay conscripted Ukrainian employees up to 3 months - CNBC

Tesla Inc will give Ukrainian employees asked to defend their country at least three months of pay, CNBC reported on Wednesday, citing an e-mail from Monday by the EV maker to its employees in Europe, Middle East and Africa.

newspaper

09-03-2022