S.Korean EV battery maker SK On seeks $3.1 bln in pre-IPO funding – newspaper

The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/ Register now for FREE unlimited access to Reuters.com Register SEOUL, July 21 (Reuters) – South Korean electric vehicle (EV) battery maker SK On has been in talks with global private equity firms to raise … Read more

As EVs go mainstream, a rush for share of the home charger market

BEDFORD, England, July 20 (Reuters) – With electric vehicles (EVs) catching on, the scramble for market share among startups selling home chargers is heating up and that will feed further dealmaking in the sector as tens of millions of units are installed globally over the next decade. According to a Reuters analysis, more than 100 … Read more

UAE’s Fujairah marine fuel sales down at four-month low in June

SINGAPORE, July 19 (Reuters) – Marine fuel sales at the United Arab Emirates’ Fujairah, the third largest bunkering hub in the world, fell to a four-month low in June as high bunker premiums and tight supplies capped uptake. Total bunker sales volumes were down 13% month-on-month at 647,184 cubic meters (about 619,602 tons) in June, … Read more

Suncor settles with Elliott, to review downstream business

The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019. REUTERS/Chris Wattie Register now for FREE unlimited access to Reuters.com Register July 18 (Reuters) – Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its downstream … Read more