Chancellor Angela Merkel’sgovernment is pushing for an agreement within the next month to boost electric car sales in Germany as demand for the environmentally friendly vehicles fails to take off in the country. Source: Bloomberg
Elon Musk said Saudi Arabia’s sovereign-wealth fund has approached him several times over nearly two years about providing financial support to take Tesla Inc. private, as the chief executive sought to explain his claim to have funding for a possible deal. Source: The Wall Street Journal
PetroChina Co. may temporarily halt purchases of U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs amid a trade conflict between the U.S. and China, according to people with knowledge of the strategy. Source: Bloomberg
India has launched the second round of bidding for small discovered fields, estimated to contain as much as US$14 billion (1 trillion Indian rupees) worth of oil and gas reserves. Source: Oil Price
