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Hamish Penman

Americas

Deal with Li Ka-shing gives Canadian oil giant a Biden hedge

Cenovus Energy Inc. is getting more than just a rival Canadian oil producer with its acquisition of Husky Energy Inc. It’s also shoring up its defenses against an anti-oil sands movement that could get a boost if Joe Biden is elected as the next president of the U.S.

Asia

Japan to use wind, batteries to meet lofty 2050 carbon goal

Japan will promote the use of offshore wind generation and battery storage in its new effort to become carbon neutral by 2050, according to a government official, indicating how the nation might change its policies to meet the ambitious goal.