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Thick smoke hangs over the skyline of the downtown area after powerful winds fueling devastating wildfires forced tens of thousands to evacuate their homes in Los Angeles, California, U.S. January 8, 2025.  Tyler Transki/Handout via REUTERS
BusinessClimateElectricityEnvironmentInfrastructureNewsResiliencyUtilitiesWeather

Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk

Southern California Edison cut power to over 110,000 customers amid wildfires threatening 30,000 homes in the Los Angeles area.

FILE PHOTO: Oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland January 7, 2025.  Lehtikuva/Antti Aimo-Koivisto via REUTERS/File Photo
NewsOilPolitics

Finland says oil tanker linked to subsea cable damage has serious deficiencies

Baltic Sea nations are on high alert following a string of power cable, telecom link, and gas pipeline outages.

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTrade

China’s BYD says 5,000 NEVs set sail for Europe

BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound for Europe has set sail.

FILE PHOTO: U.S. President Joe Biden speaks at a reception for newly elected Democratic members of Congress, in Washington, U.S. January 5, 2025. REUTERS/Nathan Howard/File photo
BusinessEconomyElectric Vehicles (EVs)ElectricityEmissionsEnvironmentGeothermalHydropowerLegislationNatural GasNewsNuclear PowerOilPoliticsRegulationsSolarWind

Biden team wraps up expanded clean energy credit guidance

Biden finalizes clean energy tax credit guidance, extending IRA benefits to diverse low-carbon power sources amid climate change push.

FILE PHOTO: U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. January 7, 2025. REUTERS/Carlos Barria/File Photo
BusinessEconomyNatural GasNewsOilPoliticsRegulations

Trump says he will revoke Biden offshore drilling ban immediately

Donald Trump says he will revoke the offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 10, 2024.  REUTERS/Brendan McDermid/File Photo
BusinessEconomyEfficiencyFinanceInfrastructureNewsOilRegulations

Oil services provider Flowco seeks up to $2 billion valuation in US IPO

Flowco Holdings seeks up to $2B valuation in U.S. IPO, riding capital market rebound and bullish equity trends.

FILE PHOTO: The Tesla logo is seen on a car at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024. REUTERS/Sarah Meyssonnier/File Photo
BusinessElectric Vehicles (EVs)EmissionsNews

Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rules

EU 2025 intermediate carbon reduction targets could cost automakers billions of euros in fines.

FILE PHOTO: Renault R5 E-Tech 100% electric cars are displayed on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsNews

Renault slashes price of low-cost electric car as emissions rules tighten

European carmakers are expected to rely on discounts to boost EV sales and meet tougher emissions rules.

A Deere & Co. John Deere combine harvester cuts through a field of wheat during the summer harvest in Survilliers, France, July 15, 2022. REUTERS/Benoit Tessier/File Photo
AgricultureBusinessElectric Vehicles (EVs)IndustryManufacturingNews

Deere boosts bet on autonomous tractors with new machines

Deere unveils autonomous tractors and industrial equipment at CES 2025, addressing labor shortages with advanced AI tech.

FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsManufacturingMineralsNews

Chile’s Codelco copper output up ‘slightly’ in 2024, Chairman tells paper

Codelco is expected to have binding offers for its Maricunga lithium project in the first quarter of 2025.

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