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A visitor views the Tesla Model 3 electric vehicle at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020.   REUTERS/Chris Helgren/File Photo
BusinessElectric Vehicles (EVs)News

Tesla to raise prices of all cars in Canada from Feb. 1, website shows

(Reuters) -Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices...

An aerial view shows a solar park being built by 'F&S solar service' company near Erftstadt, western Germany (AFP)
BusinessNewsSolar

Solar power surpasses coal in EU for first time

Solar overtook coal in the European Union’s electricity production in 2024, with the share of renewables rising to almost half the bloc’s power...

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessNewsOil

Oil prices extend losses on uncertainty over Trump tariff impact

By Nicole Jao NEW YORK (Reuters) -Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring...

A view of the production line for solar panels at photovoltaics systems maker Solarwatt in Dresden, Germany, May 4, 2022. REUTERS/Matthias Rietschel/File Photo
ElectricityNewsSolar

Solar power overtook coal in EU’s electricity mix in 2024, Ember says

By Susanna Twidale (Reuters) – Solar power overtook coal in the European Union’s electricity mix for the first time last year, while wind...

FILE - Wind turbines spin at the Klettwitz Nord solar energy park near Klettwitz, Germany, Oct. 15, 2024. (AP Photo/Matthias Schrader, File)
ElectricityFuelNewsPolitics

Europe posts record year for clean energy use as Trump pulls US toward fossil fuels

A record 47% of the European Union’s electricity now comes from solar and other renewables, a report Thursday said, in yet another sign...

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
BusinessEconomyLiquefied Natural GasNewsPolitics

US extends comment deadline on Biden-era LNG study to protect approvals

WASHINGTON (Reuters) – The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming...

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessEconomyInfrastructureNatural GasNewsOil

Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit

By Vallari Srivastava (Reuters) – U.S. pipeline operator Kinder Morgan said on Wednesday it remains bullish on growth in demand for natural gas...

The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS
BusinessNewsOil

SLB’s Russian assets valued at $600 million in 2024, unchanged from 2023

(Reuters) – Top U.S. oilfield services company SLB said its net assets in Russia amounted to about $600 million at the end of...

FILE PHOTO: A general view of the Lyondell-Basell refinery in Houston, Texas February 1, 2015. REUTERS/Richard Carson/File Photo
BusinessEconomyNewsOil

Lyondell to begin closure of Houston refinery this weekend, sources say

By Erwin Seba HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people...

Jonathan Brearley, the chief executive of Ofgem, speaking to MPs on Wednesday (House of Commons/PA)
BusinessElectricityFinanceFuelNews

Ofgem boss demands new powers to recoup cash when energy firms collapse

The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go...

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