April 19 (Reuters) - Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the U.S. Department of Energy (DOE). Thirty five projects, focused on electrical grid enhancements, critical minerals, and electric vehicle components, among others, got a total of $1.93 billion...

01:23 PM EDT, 04/19/2024 (MT Newswires) -- Mondi said Friday it does not plan to make an offer to buy DS Smith, stepping back from the competition after DS Smith reached an all-share combination deal with International Paper Company ( IP ) . The British packaging group said that after due diligence, its board decided that pursuing a deal with...

(Reuters) - Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the U.S. Department of Energy (DOE). Thirty five projects, focused on electrical grid enhancements, critical minerals, and electric vehicle components, among others, got a total of $1.93 billion in tax...

01:21 PM EDT, 04/19/2024 (MT Newswires) -- Valero Energy ( VLO ) and Chevron ( CVX ) are set to buy oil shipped through Canada's Trans Mountain pipeline system for their refineries in California, Bloomberg News reported Friday, citing unnamed people familiar with the matter. The cargoes of Cold Lake crude will be loaded out of a terminal near Vancouver...