Tidewater Midstream Announces Initiative Agreement for Fluid Catalytic Cracking Co-Processing at the Price George Refinery.

Rio Tinto's new CEO, Simon Trott, plans to cut costs and sell assets to simplify the business and boost profits. The miner aims to deliver up to $10 billion in cash proceeds from asset sales and cut jobs to reduce costs. The plan is part of a broader industry trend to appeal to investors and address cooling iron-ore market prospects. Trott also emphasized his goal of making Rio Tinto the "most valued" miner by communities, employees, and the market.