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Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, according to people with knowledge of the matter.

OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.

Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.

OPEC+ will hold next month’s policy meeting online rather than in person, while several delegates said they expected the group to extend its current supply cuts into the second half of the year.

Volkswagen AG is exploring the sale of as much as $1.1 billion of stock in Traton SE, taking advantage of the truck maker’s surging price to increase the number of shares available for trading.

Superpowers led by the U.S. and European Union have funneled $81 billion toward cranking out the next generation of semiconductors, escalating a showdown with China for chip supremacy.

China is flooding the U.S. with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.

Tesla eliminated almost its entire Supercharger organization, which has built a network of public charging stations that virtually every major automaker is in the process of tapping into.

Samsung is preparing to take the wraps off a $44 billion investment in U.S. chipmaking as soon as next week, a signature project in Washington’s effort to bring production back.

The flurry of Ukrainian drone attacks on Russia’s oil refineries risks disrupting global markets for petroleum products, the International Energy Agency said.