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FILE PHOTO: Banners showing logos of Fiat, Jeep, Abarth and Alfa Romeo are hung outside a car dealership in Milan, Italy, November 21, 2024. REUTERS/Alessandro Garofalo/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsTransport

Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says

The Italian government is willing to work with Stellantis NV on the carmaker's future strategy provided it keeps jobs and factories in the...

Kerch Strait, Crimea, July 17, 2023.  REUTERS
BusinessClimateNewsOilWeather

Russian tanker splits in storm, spilling oil into Kerch Strait

The tanker split apart during a heavy storm, while another tanker was also in distress after sustaining damage.

FILE PHOTO: People walk next to the N.13 gate of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 15, 2024. REUTERS/Remo Casilli/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Italy must be key part of Stellantis’ plans, industry minister says

Italy Industry Minister: "There must be an assertive Italy plan within Stellantis' industrial plan that protects national factories."

FILE PHOTO: The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo
BusinessFuelNatural GasNewsOil

China’s CNOOC sells US assets to Britain’s INEOS

The deal primarily includes non-operator interests in oil and gas projects such as the Appomattox and Stampede fields.

FILE PHOTO: Serbia's President Aleksandar Vucic looks on during a press conference in Belgrade, Serbia, November 6, 2024. REUTERS/Zorana Jevtic/File Photo
FuelNewsOilPoliticsTrade

US mulls sanctions against Serbian oil firm majority owned by Russians, president says

UK and EU sanctions would likely follow, affecting oil shipments through a pipeline from Croatia.

FILE PHOTO: Tesla CEO and X owner Elon Musk listens as US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC, U.S. on November 13, 2024.  ALLISON ROBBERT/Pool via REUTERS/File Photo
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Judge clears way for Musk appeal to try to restore $56 billion Tesla pay

A Delaware judge has allowed Elon Musk and Tesla to appeal a ruling that invalidated Musk's $56 billion pay package, citing fiduciary breaches.

A driver checks the line as he waits for gasoline in Havana, Cuba, December 13, 2024. REUTERS/Alexandre Meneghini
AutomotiveEconomyNatural GasNewsOilPoliticsTradeTransport

Cuba runs short on fuel at pump as energy crisis festers

Cuba faces severe fuel shortages, with closed gas stations and long lines, compounding the impact of recent blackouts.

ElectricityNewsWind

Offshore wind in Sweden needs support, government body says

99.5% of offshore wind farms built in the last decade in northern Europe have needed some kind of state support.

FILE PHOTO: A view shows the logo of Chinese automobile manufacturer Geely at a dealership in Moscow, Russia, March 23, 2023. REUTERS/Maxim Shemetov/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

Geely, Baidu pledge to solve payroll issues facing EV venture

The announcements comes shortly after Ji Yue Auto's CEO was seen surrounded by people demanding wages.

FILE PHOTO: A sign of battery manufacturer CATL is pictured at its booth the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNewsStorageTransport

China’s CATL offers suppliers financial support to drive battery innovation

CATL has extended its leadership in EV batteries with a global market share of 36.8% in the first 10 months of the year.

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