Clean energy policies in California drive conversion of waste into ‘renewable diesel’
The fallout from the pandemic has led people to think about building scale and resilience
Japanese convenience store group makes bold move in world of falling fuel demand
Purchase will catapult group’s debt to ebitda ratio of 1.5 times up to around 4 times
Japanese retail giant Seven & i seeks to cement US position and grow beyond shrinking home market
Marathon cuts capital spending by $1.4bn in anticipation of 30% drop in output
Japanese convenience store company signals push to acquire overseas assets
Paul Singer’s activist fund campaigns to remedy ‘chronic underperformance’ at refiner
Investment strategy gains are over-reliant on one sector, reflecting little broader shift
California seen as needing steady source of petrol and diesel long into the future
Monday’s flurry of dealmaking takes value of 2018’s global transactions to $1.7tn
A blockbuster deal happens after an activist leaves
Takeover will shake-up refining industry and create largest crude oil processor in US
Trump approval renews campaign to reroute project
Much of what Elliott demands is already likely to happen
Activist investor claims oil refiner and retailer could boost value by 80 per cent
Technology is only sector in positive territory for the month
Hershey surges on Mondelez bid and Molson Coors rises as brewer issues bonds
All main S&P 500 sectors close in the black
Traders cautious on rebound in stocks and decline in market volatility
Slump in crude prices highlights benefits in owning upstream and downstream businesses
Gains in recovering sector diminish slightly by week’s end
Domestic producers to compete for foreign markets for first time since 1970s oil embargoes
Goldman lowers view from ‘neutral’ to ‘cautious’
International Edition