Germany Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
OPTI Canada, a bankrupt oil sands producer, has agreed to sell itself to a wholly-owned subsidiary of the China National Offshore Oil Corporation, in a deal worth $2.1 billion, the company said on Wednesday.
Cnooc, as the Chinese oil giant is known, has been an active deal maker as it seeks to feed China’s ravenous demand for energy.