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The Lilium Jet may make its first manned flight later this year (AFP)
News

Slovak entrepreneur funding rescue of German flying taxi startup Lilium

A Slovak entrepreneur is providing most of the funds to rescue flying taxi startup Lilium that came close to collapse last month.

A fifth of Nepal is designated as protected areas, where infrastructure projects that could damage the environment are barred (AFP)
BiodiversityClimateCourtsEnvironmentHydropowerNewsPolitics

Nepal’s top court bars infrastructure in protected areas

After decades of rampant logging, Nepal also nearly doubled its forest cover between 1992 and 2016.

Chinese President Xi Jinping (R) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025 (POOL)
BusinessFuelNewsOilPoliticsTrade

Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in Sri Lanka.

Chris Wright is a founder of Liberty Energy, which serves the energy companies that have massively increased US fossil fuel production in recent years through fracking (AFP)
ElectricityFuelNewsPolitics

Trump’s Energy Dept pick wants to develop renewables… and fossil fuels

Wright advocated for renewable energy and referred to the warming planet as a fact, while still pushing for increased use of fossil fuels.

Iraqi Prime Minister Mohammed Shia al-Sudani (L) met British counterpart Keir Starmer as he visits London (POOL)
ElectricityNatural GasNewsOilTrade

BP nears deals for oil fields, curbs on gas flaring in Iraq

The mega-project in northern Iraq will include plans to recover flared gas to boost the country's electricity production.

The eActros 600 can travel about 500 kilometres (310 miles) on a single charge (AFP)
Electric Vehicles (EVs)NewsPoliticsRegulations

Amazon orders 200 Mercedes-Benz electric trucks

Amazon buys 202 electric Mercedes eActros trucks, marking a significant push towards reducing EU road transport emissions.

A wide-angle view of a motorway congested with traffic, with cars bumper-to-bumper in all lanes.
AutomotiveElectric Vehicles (EVs)EmissionsFuelNewsRegulations

Global road transport emissions to peak in 2025: study

CO2 emissions from road transport could peak worldwide this year thanks to rapid growth in EVs and stricter regulations.

Russian President Vladimir Putin, Turkish counterpart Recep Tayyip Erdogan and eastern European leaders inaugurated the TurkStream pipeline in Istanbul in January 2020 (AFP)
BusinessInfrastructureNatural GasNewsPoliticsTradeTransmissionUtilities

Russia says Ukraine targeted infrastructure of gas pipeline to Turkey

Russia accuses Ukraine of drone strike on TurkStream gas pipeline as Kyiv halts Russian gas transit, escalating energy tensions.

As of Thursday, UK gas inventory was down 26 percent compared with one year earlier, leaving storage sites around half full, Centrica said (AFP)
FuelInfrastructureNatural GasNewsUtilities

UK gas reserves ‘concerningly low’: Biggest supplier

The government is "confident" the country "will have a sufficient gas supply and electricity capacity to meet demand this winter."

Lamborghini is moving towards making only hybrid vehicles, taking its time before coming out with fully electric vehicles (AFP)
AutomotiveBusinessElectric Vehicles (EVs)IndustryNews

Lamborghini sets new sales record amidst hybrid push

Lamborghini sets 2024 sales record, up six per cent, driven by hybrids like Revuelto and demand across key global markets.