Space and Opportunity, Shell approves C$33 billion LNG Canada expansion Shell and its partners approved the LNG Canada Phase 2 expansion on Tuesday, committing C$33 billion to double the facility’s production capacity in Kitimat, British Columbia.The expansion will...
A huge buy, Webster Equity Partners to acquire Lifecore Biomedical for up to $664M Lifecore Biomedical, Inc. (Nasdaq: LFCR) has entered into a definitive agreement to be acquired by Webster Equity Partners in a transaction valued at up to $663.7 million, assuming full...
We’re all in, Volkswagen deepens Gotion partnership, sells 5.3% stake Volkswagen Group said today it will expand its partnership with Gotion and speed up development of a European battery supply chain through several joint ventures, while also selling a 5.3% equity...
Legal battle, Red Bull sues India over ban on energy drink label Red Bull has filed a lawsuit against India’s food regulator in the Delhi High Court over a ban on using the “energy drink” descriptor, according to a Reuters report Monday citing a court...
In their defense, Raytheon wins U.S. defense contracts totaling over $109M Raytheon Company has been awarded multiple U.S. defense contracts totaling more than $109 million, according to announcements from the U.S. Department of Defense.The largest award is a...
High hopes, Oil dips after sharp gains as U.S., Iran reportedly explore Hormuz deal Oil prices fell on Friday, as reports that the U.S. and Iran were exploring a phased deal to reopen the Strait of Hormuz tempered some supply concerns, although a Houthi missile attack...