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FILE PHOTO: The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
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Baker Hughes sees lower North America activity; bets on foreign demand

Baker Hughes cut its North American spending outlook but raised full-year revenue estimates, betting on strong international growth and gas equipment demand.

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo
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Canada likely to delay Trans Mountain pipeline sale: report

Canadian government will likely stall the sale of the Trans Mountain pipeline until after the election in 2025, Bloomberg reported Friday

FILE PHOTO: People stand at the booth of battery maker CATL during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsStorageTransport

Chinese EV battery maker CATL posts 13.4% jump in Q2

Chinese EV battery giant CATL's Q2 net profit jumped 13.4% year on year, a stock market filing showed on Friday

General view of the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LegislationNewsPoliticsTransport

Thailand to offer investment incentives for makers of hybrid vehicles

Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday

A man mops a floor near a Toyota FT-3e during the Indonesia International Auto Show in Tangerang, Indonesia, July 18, 2024. REUTERS/Ajeng Dinar Ulfiana/File Photo
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Toyota to build EV battery plant for Lexus cars, Nikkei reports

Japan's Toyota Motor plans to build a battery plant for EVs in the southwestern prefecture of Fukuoka, the Nikkei business daily reported

BusinessFinanceFuelInfrastructureNatural GasNewsUtilities

Canada’s Pieridae Energy shuts-in production amid low natgas prices

Canadian energy company Pieridae Energy said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day (boe/d)...

FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
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Chile sees interest from Rio Tinto, LG, BYD and others for Altoandinos lithium site

Twelve companies, including Rio Tinto, BYD, and LG Energy, submitted proposals to develop a lithium project in Chile's Altoandinos salt flats, ENAMI announced.

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.  Picture taken on September 26, 2018.   REUTERS/Heather Somerville/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

GM’s Cruise looks to start charging for robotaxi rides next year: report

Cruise plans to resume fully autonomous rides by late 2024 and charge fares by 2025, despite regulatory scrutiny after a 2023 accident.

FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018.  REUTERS/Elijah Nouvelage/File Photo
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Power company PG&E beats Q2 profit estimates on higher rates

California utility PG&E profits rise as company benefited from increased electricity rates, though wildfire costs affect earnings forecast.

Smoke rises from the Lower Campbell Creek wildfire (K51472) wildfire northwest of Beaverdell, British Columbia, Canada July 24, 2024.   BC Wildfire Service/Handout via REUTERS.
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Canadian wildfire reaches Jasper, firefighters battle to protect Trans Mountain pipeline

Wildfire forces 25,000 to evacuate from Jasper; firefighters protecting critical infrastructure, including the Trans Mountain Pipeline.

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