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EV-Battery Rivals Race the Clock to Sway Biden on Import Ban

EV-Battery Rivals Race the Clock to Sway Biden on Import Ban
windsorstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from windsorstar.com Daily Mail and Mail on Sunday newspapers.

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EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance

EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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SK Innovation divests stakes in US shale oil fields

(Source:　Getty　Images　Bank)
SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group s efforts to scale back on oil and chemical operations to focus instead on electric vehicle batteries and other eco-friendly businesses.
The South Korean refinery and EV battery maker agreed with Texas-based BenchMark Energy Corp. in January of this year to sell the US assets for an undisclosed sum, SK said on Mar. 7. They are set to complete the transaction this month, which industry watchers estimate at several hundreds of million dollars.
The SK Group s arm acquired the US oil fields located in Oklahoma and Texas between 2014 and 2018 to secure crude oil at lower prices. In 2014, the company purchased stakes in oil fields in Crane County, Texas, as well as in Grant and Garfield Counties in Oklahoma. In 2018, it acquired the entire stake in US shale oil developer Longfellow Nemaha, including an i ....

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EV Battery-Maker's Misconduct Said 'Extraordinary' by ITC

EV Battery-Maker's Misconduct Said 'Extraordinary' by ITC
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Korean Battery Battle Has Global Carmakers Urging Swift Peace

EV Battery Battle Has Carmakers Urging Peace Before Biden Acts
Bloomberg
3/3/2021
Susan Decker and Kyunghee Park
© Bloomberg via Getty Images
The SK Group logo stands atop of an SK Energy Co. gas station, a unit of SK Innovation Co., in Incheon, South Korea, on Tuesday, Jan. 31, 2017. SK Innovation is scheduled to announce fourth quarter earnings on Feb. 3.
(Bloomberg) Pressure is mounting on two South Korean companies that are the world’s largest manufacturers of electric-vehicle batteries to ensure their U.S. legal dispute which has wound its way to the White House doesn’t disrupt automaker plans to electrify their fleets. ....

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