Mitsubishi Corp announced Wednesday it will pull out of three Japanese offshore wind power projects, citing soaring costs, a move that undermines Japan’s energy security ambitions and its efforts to lessen reliance on imported fuel.In 2021, a Mitsubishi-led consortium secured the initial state auctions for three wind farms located in…
India’s crude oil imports are expected to drop to 4.3 million barrels per day (bpd) in August, a decrease of 300,000 bpd month-over-month, according to Vortexa. This decline aligns with typical seasonal trends, as August historically sees the lowest crude arrivals due to reduced domestic demand for gasoline and diesel during…
According to a Reuter’s report, Japan is on track to see record-breaking take-private deals this year, with transactions expected to exceed the $40.3 billion total logged in 2023. A mix of pressure from activist investors, governance reforms from the Tokyo Stock Exchange, and unprecedented private equity interest is fuelling a…
The markets felt pretty tense this morning as Dow Futures barely moved from yesterday’s close. The investors are holding their breath waiting for Nvidia to report its earnings and that makes sense since the numbers are expected shake up the whole market.The indices witnessed decent gains on Wednesday, but traders…
Tariffs have been central to Donald Trump’s presidency even before he assumed office at the start of 2025. From his perspective, levies on nearly all US imports are meant to balance a trade deficit with major partners, including Canada, Mexico, the EU and the UK, while stimulating domestic production in…
Canada is shepherding its defense sector into a new era of higher spending and strategic importance, a policy shift that RBC (TSX:RY,NYSE:RY) analysts have called one of the most ambitious in the country’s modern history. At the NATO summit this past June, Canadian Prime Minister Mark Carney pledged a two…
Ottawa’s push to strengthen trade links with Europe is moving ahead on two tracks: investing in new port infrastructure at home and formalizing a minerals partnership with Germany abroad. Speaking alongside German Chancellor Friedrich Merz in Berlin, Prime Minister Mark Carney confirmed Tuesday (August 26) that Canada would support major…
Greenvale Energy (GRV:AU) has announced Strong Start to Maiden Drill Program at Oasis Download the PDF here. This post appeared first on investingnews.com
Westport Fuel Systems Inc. (‘Westport’ or the ‘Company’) (TSX: WPRT Nasdaq: WPRT) today announced the resignation of its Chief Financial Officer (CFO), William Larkin and the appointment of Elizabeth Owens as his successor. Mr. Larkin will step down in his capacity as CFO effective immediately and remain in an advisory…
Blackstone Minerals (BSX:AU) has announced BSX Secures JV Partner & Funding for Ta Khoa Nickel Project Download the PDF here. This post appeared first on investingnews.com