Troubled Thurso firm AMTE Power (LON: AMTE) has struck a £2.5 million deal that will, subject to certain conditions, see global private equity firm Pinnacle International Capital (PIC) take an 80% stake in the business.
Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.
From increased pressure on plastic to Unilever's help to ice cream producers, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
Businesses are being pushed to be more sustainable, with regulators and consumers calling for action. As the demand for delivery services increases, Will White, head of sustainability at Stuart, discusses the importance of supporting courier partners in their transition to electric vehicles (EVs).
Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace.
As New York Climate Week continues, ahead of its first AGM, the UN-Convened Net-Zero Asset Owner Alliance (NZAOA) has called on policymakers to boost support and unlock up to $275 trillion net-zero investment opportunity.
The UK's Cornish Lithium has announced $67 million in investment from the UK government and US private equity, to develop a domestic source of battery-grade lithium for electric vehicles and renewable energy storage.
Exxon Mobil is in talks with Tesla, Ford Motor Co., Volkswagen and other automakers about supplying them with lithium as the oil giant works to build a business around the crucial battery metal, according to people familiar with the matter.