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FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsLiquefied Petroleum GasNewsOilPolitics

Judge in Citgo share auction rejects bid to block Gramercy fund lawsuits

A U.S. judge allows lawsuits by three firms to proceed, potentially impacting the auction of Citgo's parent company shares.

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. Picture taken August 7, 2017. REUTERS/Ricardo Moraes/File Photo
BusinessCritical MineralsMiningNewsRail

Brazil’s Vale reaches $1.8 billion railway concessions deal

Vale agrees to pay up to 11 billion reais for railway concessions, revising contracts extended to 2057 under new terms.

FILE PHOTO: A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS/Christian Hartmann/File Photo
AviationBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTransport

German air taxi start-up Volocopter files for insolvency

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.

Finnish Coast Guard stops a small boat which tried to reach the oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland December 30, 2024.  Lehtikuva/Jussi Nukari/via REUTERS
BusinessEnvironmentMaritimeNewsOilPoliticsRegulationsTrade

Owner seeks release of oil tanker seized in Finland cable probe

The owner of the seized oil tanker Eagle S, suspected of damaging undersea cables in the Baltic Sea, is seeking its release.

U.S. Secretary of Interior Deb Haaland attends a hearing on Capitol Hill in 2021. REUTERS/Joshua Roberts/File Photo
ClimateElectricityEmissionsEnvironmentGeothermalIndigenousNatural GasNewsOilPoliticsRegulations

US agency takes steps to protect Nevada mountains from energy development

Biden moves to shield 264,442 acres in Nevada's Ruby Mountains from oil, gas, and geothermal development for 20 years.

FILE PHOTO: A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo
FuelLiquefied Natural GasNewsRail

Cheniere produces first LNG at Corpus Christi Stage 3 project

Cheniere has played a key role in helping the U.S. become the world's largest exporter of LNG.

FILE PHOTO: FILE PHOTO: Cocoa pods are pictured at a farm in Sinfra, Ivory Coast April 29, 2023. REUTERS/Luc Gnago/File Photo
AgricultureClimateEnvironmentNewsWeather

Dry weather threatens Ivory Coast cocoa crop, farmers say

Last week, no rain fell in most of Ivory Coast's cocoa regions, raising concerns over bean quality and supply.

FILE PHOTO: Turkey's Finance Minister Mehmet Simsek speaks during a meeting of Turkish Industry and Business Association (TUSIAD) in Istanbul, Turkey, July 11, 2024. REUTERS/Murad Sezer/File photo
BusinessEconomyFuelNews

Turkey’s fuel, tobacco tax moves will not harm inflation goal, Simsek says

Turkey plans fuel and tobacco tax hikes next year without risking its 2025 inflation goals.

EconomyElectricityNewsUtilities

Britain’s energy price cap to rise 1% in January, forecasts Cornwall Insight

Britons had hoped energy prices would cool to help them cope with a cost of living squeeze.

FILE PHOTO: A drone view shows a cargo ship and shipping containers at the port of Lianyungang in Jiangsu province, China October 17, 2024. China Daily via REUTERS/File Photo
BusinessCritical MineralsEconomyIndustryInfrastructureManufacturingNewsPoliticsTrade

China to cut import tariffs on some recycled copper and aluminium raw materials

China will cut import tariffs on ethane and some recycled metals from Jan. 1, 2025, to boost imports and green development.

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