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News

Italy aims to generate over 1 bln euro investments for gigafactory, sources say

* Rome considering large public-private partnership * Energy minister met Stellantis, ACC * Stellantis set to announce gigafactories in EU, US By Stephen Jewkes, Giuseppe Fonte and Giulio Piovaccari MILAN, June 10 (Reuters) - Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric car battery factory
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OPEC, Russia seen gaining from climate activist wins

* National oil firms seen expanding market share * Oil demand still growing strongly in Asia * Large fund manager warns of higher oil prices (Updates with Saudi energy minister) By Dmitry Zhdannikov LONDON, June 1 (Reuters) - Climate activists who scored big wins against Western majors last week had some unlikely cheerleaders in the oil capitals of
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OPEC, Russia seen gaining more power with Shell Dutch ruling

* National oil firms seen expanding market share * Oil demand still growing strongly in Asia * Large fund manager warns of higher oil prices By Dmitry Zhdannikov LONDON, June 1 (Reuters) - Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defea
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Big oil shareholders revolt over poor long-run returns: Kemp

* Table: Link By John Kemp LONDON, May 27 (Reuters) - Exxon Mobil's XOM.N shareholder revolt has been framed as a climate change issue, but it reflects broader dissatisfaction with the board's strategy and failure to generate returns for shareholders in recent decades. Many institutional investors are pressing the major international oil companies
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Big oil shareholders revolt over poor long-run returns: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) * Table: Link By John Kemp LONDON, May 27 (Reuters) - Exxon Mobil's XOM.N shareholder revolt has been framed as a climate change issue, but it reflects broader dissatisfaction with the board's strategy and failure to generate returns for shareholders in recent decades. Many in
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