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FILE PHOTO: Renault Group's CEO Luca de Meo poses during a visit at the Renault Sandouville car factory, near Le Havre, France, March 29, 2024. REUTERS/Sarah Meyssonnier/File photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)FinanceOpinionTransport

Renault CEO calls for flexibility in European EV transition timeline

Renault CEO expressed doubts over EV transition timeline, adding the carmaker has to bring down costs to deliver on its EV goals

FILE PHOTO: Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, U.S., May 24, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

Oil market likely to be in surplus next year, Morgan Stanley says

Crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining to $70 range, Morgan Stanley...

FILE PHOTO: A woman walks past Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe, May 16,2019. REUTERS/Philimon Bulawayo/File Photo
BusinessCritical MineralsFinanceLabourMineralsNews

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London

Flames from the Shetland Creek wildfire are seen from Highway 1 outside Ashcroft, British Columbia, Canada, where 2,000 people are on evacuation alert in the the province's southern interior, July 19, 2024. REUTERS/Jesse Winter
ClimateEnvironmentWeather

Wildfires in Alberta, British Columbia prompt evacuation orders

Alberta faces 158 wildfires, 55 uncontrolled, whereas B.C. is battling 319 fires, with evacuation orders in place.

FILE PHOTO: An oil pipeline in Orellana province, Ecuador July 28, 2023. REUTERS/Karen Toro/File Photo
BusinessFuelNewsOilPoliticsTrade

Ecuador and Chilean subsidiary ENAP renegotiate oil agreement

The new agreement will allow an increase in reserves by 5.6 million barrels of crude oil, the Ministry of Energy in Quito said...

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessEconomyFuelNewsOilPoliticsRegulationsTrade

U.S. FTC probes Hess, Occidental execs over OPEC communication: report

The U.S. Federal Trade Commission is probing executives from major oil firms over their communications with OPEC officials.

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee//File Photo
BiofuelsFuelNewsPoliticsRegulationsTrade

EU to set tariffs on Chinese biodiesel in anti-dumping probe

The EU is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low...

FILE PHOTO: A complex of pipes used for the export of crude oil in a dock that is part of the Ecopetrol refinery, is seen in Cartagena, Colombia April 12, 2024. REUTERS/Nelson Bocanegra/File Photo
BusinessFinanceFuelInfrastructureNewsOilUtilities

Colombia’s Ecopetrol in talks to buy $3.6 billion CrownRock stake from Occidental

Colombia's Ecopetrol said on Friday that it is in talks with US oil major Occidental Petroleum to possibly buy a stake in CrownRock.

An aerial view shows the brine pools of SQM lithium mine on the Atacama salt flat in the Atacama desert of northern Chile, January 10, 2013. REUTERS/Ivan Alvarado/File photo
AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)MineralsNewsTransport

China lithium rebounds on Chile earthquake, but demand concerns persist

China's lithium prices rebounded on Friday, although growing demand concerns weighed on the metal used in electric vehicle batteries.

FILE PHOTO: The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFinanceFuelNatural GasNewsOil

China’s Sinopec reports first-half crude throughput up only 0.1%

China's Sinopec, Asia's largest refiner, on Friday reported first-half crude throughput little changed year on year

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