Bloomberg Business

Colombia Boosts LNG Imports Ahead of El Niño Dry Weather

Colombia has significantly ramped up imports of liquefied natural gas to conserve its hydroelectric operations as El Niño threatens to bring dryness to the South American nation, according to the power generators’ association.

Exxon Sees CO2 Emissions in 2050 More Than Twice Paris Goal

Exxon Mobil Corp. sees the world failing to reduce emissions fast enough to limit global warming to 2C (3.6F) above pre-industrial norms by 2050 due to soaring economic growth, particularly in developing countries.

US Shale Pumps More Cash into Aging Oil Fields, Rystad Says

US independent shale oil producers plowed money into output growth in the second quarter at the fastest rate in three years, a departure from the fiscal discipline that’s been the industry’s focus, according to a report from research firm Rystad Energy.

Danaher Wins Race to Acquire Abcam With $5.7 Billion Deal

Danaher Corp. said it will acquire Abcam Plc in a deal worth $5.7 billion, beating out rivals in a race to acquire the UK-based maker of supplies for the life-sciences industry whose technologies are used by thousands of researchers.

American Airlines Hit With Largest-Ever Tarmac Delay Fine

American Airlines Group Inc. was ordered to pay a $4.1 million fine, the largest such penalty to date, for allowing aircraft to sit on the ground for three hours or more without giving passengers a chance to exit.

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