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FILE PHOTO: A model of the natural gas pipeline is placed on Russian Rouble banknote and a flag in this illustration taken, March 23, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulationsTradeTransmissionUtilities

Russia calls gas sales to Europe ‘complicated’ as deal with Ukraine nears end

Russia's gas transit through Ukraine faces uncertainty as Kyiv will not renew its deal, impacting Slovakia and others reliant on this supply.

BusinessLegislationNatural GasNewsRegulationsUtilities

Italy’s antitrust opens probe into Snam-Edison gas storage deal

Italy's antitrust agency AGCM says it has opened an investigation into Edison's sale of its gas storage unit to gas grid operator Snam.

Former Nissan Chairman Carlos Ghosn poses during the opening of Beirut Sports Festival in Beirut,  Lebanon May 23, 2024. REUTERS/Emilie Madi
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Former Nissan CEO Ghosn casts doubt on success of Nissan-Honda alliance

"If this merger takes place ... personally I don't think it's going to be successful," says Ghosn, who fled Japan in December 2019.

FILE PHOTO: The logo of NIO is pictured on the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

China’s Nio says new Firefly EV to go on sale in Europe in H1 2025

William Li, Nio's CEO, told reporters in Guangzhou that the company will work with local partners on the sale and service of the...

FILE PHOTO: A Nissan 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
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Honda and Nissan consider mutual production of vehicles, Kyodo reports

A merger of Honda and Nissan would create the world's third-largest auto group by vehicle sales, behind Toyota and Volkswagen.

FILE PHOTO: A man wearing an IG Metall (Industrial Union of Metalworkers) scarf holds a banner with the Volkswagen logo, as workers gather to strike against planned cuts to wages and possible factory closures, in Hanover, Germany, December 2, 2024. Picture taken with long exposure. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW, union agree to cut 35,000 jobs in Germany, avert strikes

Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts, cost reductions, and future investments.

FILE PHOTO: A man walks from a branch of Wells Fargo bank in the University District of Seattle, Washington, U.S. December 6, 2024. REUTERS/Chris Helgren/File Photo
BusinessClimateEconomyEmissionsEnvironmentFinanceNewsPolitics

Wells Fargo departs climate banking group in another high-profile exit after Goldman

The bank ended its membership in the Net-Zero Banking Alliance, two weeks after another notable exit by Goldman Sachs.

Slovak Prime Minister Robert Fico attends a meeting with Serbian President Aleksandar Vucic in Belgrade, Serbia, November 21, 2024. REUTERS/Djordje Kojadinovic
EconomyFuelNatural GasNewsPoliticsTrade

Slovak PM Fico warns of gas crisis without Ukraine transit route

Ukraine has repeatedly said it would not continue a gas transit deal with Russia as the two countries are at war.

FuelNewsOilPoliticsTrade

Kremlin says any new G7 oil sanctions would backfire and it will adapt

G7 countries are exploring options to toughen the price cap on Russian oil.

FILE PHOTO: The state flag of California flies on a flag pole in San Diego, California, U.S., October 6, 2017.REUTERS/Mike Blake/File Photo
FuelLiquefied Natural GasNatural GasNews

California sets clear path to close Aliso Canyon gas storage facility

Natural gas demand in Southern California is currently on a downward trajectory.

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