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Utility PPL Corp’s Q1 results beat on lower operating costs

PPL Corp Q1 results show operating expenses falling by 8% and better-than-expected revenues.

FILE PHOTO: Australia's Climate Change and Energy Minister Chris Bowen walks, on the day of negotiations of a COP28 draft deal, during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 12, 2023. REUTERS/Amr Alfiky
ElectricityNewsPoliticsWind

Australia grants feasibility licences for offshore wind farms

Pursuing green energy, six Australian wind farm projects given the go-ahead for waters off the country's southern coast.

People look at a Polestar 2 electric sedan displayed in a shopping mall in Shanghai, China May 5, 2020. Picture taken May 5, 2020. REUTERS/Yilei Sun/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

EV maker Polestar to delay fourth-quarter results for a second time

Swedish electric-vehicle maker Polestar Automotive will delay the publication of its fourth-quarter and full-year 2023 financial results for a second time, a spokesperson...

A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNatural GasNews

Chesapeake Energy misses quarterly profit estimates as natural gas prices remain low

Natural gas producer Chesapeake Energy Corp missed Wall Street estimates for first-quarter profit on Tuesday as persistently low natural gas prices weighed down...

Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/ File photo
BusinessFuelInfrastructureNewsOilTransmission

Enbridge selects contractors for its Great Lakes Tunnel Project

The Great Lakes Tunnel will link Michigan's peninsulas, providing a secure route for Enbridge's Line 5 pipeline.

BusinessElectricityFinanceInfrastructureNewsTransmission

Hubbell’s profit beats estimates on demand from utilities

Electrical equipment maker Hubbell on Tuesday reported a better-than-expected profit for the first quarter, bolstered by strong demand from utilities for its smart...

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo
CourtsNewsPolitics

EU and national consumer watchdogs starts action against 20 airlines for misleading greenwashing practices

BRUSSELS – The European Commission and national consumer protection authorities have started action against 20 airlines for misleading greenwashing practices, the EU said...

FILE PHOTO: The BYD logos are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

BYD to fix software in 16,666 Seagull EVs in China product recall, regulator says

BYD will fix software in 16,666 Seagull EVs from May 20 to reduce the chance of accidents, China's market regulator said on Tuesday

FILE PHOTO: Venezuelan dissident Leopoldo Lopez attends a joint meeting with Cuban dissident Yunior Garcia (not pictured) at the Politics Faculty at Madrid's Complutense University, in Madrid, Spain, December 13, 2021. REUTERS/Juan Medina/File Photo
BusinessEconomyFinanceNewsOilPoliticsTrade

Experts, politicians call for scrutiny of Venezuela cryptocurrency use

Venezuela's use of digital currencies, expected to increase after the United States ordered a wind-down of oil deals with the sanctioned country, will...

FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNews

Tesla short sellers lose nearly $5.5 billion over four days, S3 Partner says

Investors who bet against Tesla stock have lost $5.5 billion in the four sessions since the electric car maker promised more affordable cars,...

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