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FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019.  REUTERS/Flavio Lo Scalzo/File Photo
News

Italy’s Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says

Eni and BP will resume drilling and exploration in Libya, 10 years after conflict in the country stopped their activities in the North...

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsMineralsMiningNews

Brazil’s Vale taps Marcelo Bacci as new CFO

Vale, the largest producer of iron or and nickel in the world, has appointed its new Chief Financial Officer.

FILE PHOTO: Two Waymo autonomous vehicles drive themselves down Central Avenue in Phoenix, Arizona, U.S., March 18, 2024. REUTERS/Caitlin O'Hara/File Photo
BusinessElectric Vehicles (EVs)News

Alphabet’s Waymo closes $5.6 billion funding to expand autonomous ride-hailing service

Waymo closes $5.6B funding round led by Alphabet to expand autonomous ride-hailing in key U.S. cities, including SF and LA.

FILE PHOTO: A view of the electric vehicle (EV) factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. Picture taken October 20, 2021. REUTERS/Yilei Sun/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

China Evergrande’s EV unit to cease discussions for stake sale

China Evergrande NEV’s potential sellers end stake sale talks; liquidators continue seeking buyers amid rising losses.

FILE PHOTO: The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes//File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Stellantis to start making new Lancia Gamma at Italy’s Melfi plant in 2026

Stellantis to start Lancia Gamma production in 2026 at Melfi plant, aiming to boost Italian output amid falling local production.

FILE PHOTO: Supporters of environmental group Friends of the Earth hold signs outside the Royal Courts of Justice, during their legal challenge at the High Court, in London, Britain July 23, 2024. REUTERS/Sam Tobin/File Photo
ClimateCourtsEnvironmentNews

UK court dismisses challenge to Britain’s climate change plan

London's High Court ruled the UK's new climate adaptation strategy lawful, dismissing a major challenge from environmental activists.

New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/ File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

EU, China agree to more talks on potential alternatives to EV tariffs

The EU and China will soon hold more talks on alternatives to EV tariffs, but significant gaps remain, the EU Commission said.

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 MineralsEconomyFinanceMiningNews

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale's profit fell 15 per cent to $2.41 billion, beating estimates, as lower iron ore prices and Mariana dam provisions weighed on results.

FILE PHOTO: Electric power transmission pylon miniatures and Dominion Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityInfrastructureNewsOffshore WindRegulationsTransmissionWind

Avangrid sells offshore wind lease to Dominion Energy for $160 million

Avangrid sells Kitty Hawk North offshore wind lease to Dominion Energy for $160M, retains Kitty Hawk South for future development.

FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo
BusinessConstructionIndustryLiquefied Natural GasNewsRegulations

Exxon Mobil, Qatar get three-year extension to build Texas LNG plant

Exxon Mobil and Qatar Energy's Golden Pass LNG project gets a 3-year extension after lead contractor Zachry Holdings' bankruptcy.

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