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Electric power transmission pylon miniatures and Orsted logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectricityFinanceNewsPoliticsSolarStorageTrade

Orsted receives $650 million tax equity financing from J.P. Morgan

Danish company Orsted has secured an investment of $680 million in tax equity financing from J.P. Morgan for a portfolio of solar and...

U.S. Senator Sheldon Whitehouse (Democrat of Rhode Island) speaks during a news conference at House Triangle on Capitol Hill in Washington, U.S., April 26, 2023. REUTERS/Tom Brenner/File Photo
BusinessCourtsEmissionsLegislationNatural GasNewsOilPolitics

US lawmakers urge Justice Department to probe climate deception by Big Oil

The U.S. Democrats accuse companies of misleading the public by making promises to reduce emissions while also seeking to protect oil and gas...

FILE PHOTO: A man walks in front of the headquarters of Petroleo Brasileiro S.A. (Petrobas) in Rio de Janeiro, Brazil March 9, 2020. REUTERS/Sergio Moraes/File Photo
BusinessNatural GasNewsOilPoliticsRegulations

Petrobras says antitrust watchdog agreed to free company from asset sales

Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free...

A BMV X3 xDrive20d is seen on display at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 24, 2015. REUTERS/Ralph Orlowski/File Photo
AutomotiveNewsPoliticsRegulationsTradeTransport

China should hike tariffs on large cars to 25%, says research body

China should raise its import tariffs on large gasoline-powered cars to 25%, according to a government-affiliated auto research body expert

FILE PHOTO: A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo
BusinessEconomyFinanceFuelLiquefied Natural GasNewsOilPolitics

Macron urges TotalEnergies to stay in France after talk of US listing

French President Emmanuel Macron has urged oil giant TotalEnergies to remain in France after news of the company's potential US listing

FILE PHOTO: U.S. President Donald Trump greets Harold Hamm after he was introduced by Hamm at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, U.S., October 23, 2019. REUTERS/Leah Millis/File Photo
BusinessCarbon ManagementEconomyElectionsNewsOilPolitics

Oil executives to host Trump fundraiser in Houston

Drillers tend to back Donald Trump’s pro-fossil fuel and anti-regulation agenda and have been critical of President Joe Biden’s efforts to phase out...

FILE PHOTO: Supporters and members of the association Senior Women for Climate Protection hold banners as they arrive for the ruling in the climate case Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, at the European Court of Human Rights (ECHR) in Strasbourg, France, April 9, 2024. The slogan reads "Climate justice". REUTERS/Christian Hartmann/File Photo
ClimateCourtsEmissionsLegislationNewsPolitics

Swiss parliamentary committee rejects European court’s climate ruling

The Swiss government had pushed back against the Strasbourg court's decision, with the environment minister saying the ruling was hard to reconcile with...

FILE PHOTO: Panasonic Holdings Group CEO Yuki Kusumi talks about the company's strategy in Tokyo, Japan, January 19, 2024. REUTERS/Miho Uranaka/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsStorage

Slowing EV uptake may delay Panasonic’s EV battery expansion, CEO says

A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost...

FILE PHOTO: A Toyota logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Toyota mulls over $500 million investment into Texas plant

Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas facility

FILE PHOTO: Nissan signs are seen outside a Nissan auto dealer in Broomfield, Colorado October 1, 2014.  REUTERS/Rick Wilking/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Nissan pauses plans for EV production in US, Automotive News reports

Nissan Motor Co has paused production plans to build EVs in the US, Automotive News reported on Tuesday citing a memo sent to...

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