Saturday, June 13, 2026

Aluminum Wrestles Steel for Top Spot in Electric Vehicle Market

From Reuters LONDON (Reuters) – When electric carmaker Tesla Inc. launched its first mass market model last summer, it sent a shockwave through the aluminum industry by largely shifting to steel and away from the lighter weight metal it had used in its first two luxury models. The switch by Elon Musk’s Tesla to the heavier-but-cheaper metal highlights how steel

16 Contracts Awarded to 12 Bidders in Mexico’s Shallow Water Auction Round 3.1

Results of Mexico’s Shallow Water Auction – Round 3.1 18 bidders participated in the event 16 contracts were tendered to 12 bidders On Tuesday, the opening of bids and awarding of exploration and hydrocarbons production contracts for the First Tender of Round Three Shallow Water GOM were held in a public session that included a live webcast by Mexico’s CNH.

Shell - Oil & Gas 360

Shell Announces Top Leadership Changes in North America

Shell Oil Company President and U.S. Country Chair Bruce Culpepper and EVP Unconventionals Greg Guidry to step down  Former Maersk CEO to take over both roles Royal Dutch Shell (ticker: RDS.A) announced changes to the very top of its U.S. leadership team. After more than 37 years of Shell service, Shell Oil Company President and U.S. Country Chair Bruce Culpepper