NICOSIA, Cyprus — Exxon Mobil could partner with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits close to each other off Cyprus’ southern coast.
Category: News
Northvolt CEO Peter Carlsson Quits After Bankruptcy Filing
Northvolt AB CEO Peter Carlsson is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection.
Automakers Urge Trump to Ease Fuel Efficiency Rules
An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from “unfair” practices by China.
Phillips 66 Indicted for Alleged Toxic Sewer Discharges
The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.
White House Seeks $8 Billion in Transportation Aid
WASHINGTON — President Joe Biden and senior administration officials called on Congress to approve emergency aid before the end of the year to rebuild transportation corridors.
Volvo’s Voorhoeve: Customer Service Integral to Company
Volvo Trucks North America President Peter Voorhoeve says the lessons he learned in customer service when he joined the company more than a quarter century ago remain with him today.
EU Prepares Two-Track Plan for Trump Trade Ties
The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.
Stakeholders Praise Trump USDOT Leader Nominee Sean Duffy
Transportation stakeholders are lining up to support President-elect Donald Trump’s selection to lead the U.S. Department of Transportation.
Northvolt Files for Bankruptcy After Failed Rescue Attempts
The move caps months of talks with owners, customers and creditors to find a way for Europe’s rare homegrown maker of EV batteries to continue operations.
MARAD Awards $580M Grants to Ports for Supply Chain Projects
USDOT’s Maritime Administration announced $580 million in port grants for 31 projects across 15 states that incorporate multimodal improvements for the transportation of goods.