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FILE PHOTO: The Polestar 4 electric SUV is displayed at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/Brendan McDermid/File Photo
Electric Vehicles (EVs)NewsTransport

Polestar raises hope as order intake rises

The company reported retail sales of 12,256, up from 11,640, and a 37% rise in order intake compared to a year earlier.

Hundreds of BYD electric vehicles lined up for export in Yantai, eastern China (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s electric and hybrid vehicle sales jump 40.7% in 2024

The world's largest automotive market has also seen fierce competition among domestic car manufacturers.

FILE PHOTO: The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/File Photo
BusinessFuelLiquefied Petroleum GasNews

Saudi Aramco and Sonatrach cut LPG prices for January

LPG is used mainly as fuel for cars, heating and as a feedstock for other petrochemicals.

FuelNewsOilPolitics

Russian plant fire rages on, 24 hours after Ukrainian attack

"It takes a certain amount of time to complete the burnout process. The situation is under control."

A dump truck works near the Syncrude oil sands extraction facility near the city of Fort McMurray, Alberta on Sunday June 1, 2014. THE CANADIAN PRESS/Jason Franson
Carbon ManagementClimateEmissionsFuelNews

Political uncertainty could derail major carbon capture project: experts

The $16.5-billion project would capture carbon dioxide emissions from the oilsands, Canada's heaviest-emitting sector.

FILE PHOTO: Brenna Peake, 25-year old volunteer from Asheville, reacts to what she said was exhaustion as she helps clean up businesses and other properties in the aftermath of Hurricane Helene, in Marshall, North Carolina, U.S. October 10, 2024. REUTERS/Jonathan Drake/ File Photo
News

Climate change shows ‘claws’ with rising costs for disasters, Munich Re says

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024.

FILE PHOTO: The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/ File Photo
BusinessFuelNatural GasNewsOil

BP projects 44% jump in oil output from India’s largest field, ONGC says

The increase in production is expected to begin in the next fiscal year starting April 1.

(BT/PA
BusinessElectric Vehicles (EVs)News

3,500 electric vehicles ordered by BT Group

BT announces UK's largest EV fleet order of 3,500 vehicles, advancing its net-zero goals and greener broadband expansion.

FILE PHOTO: Logo of Hyundai Motor Group on a car outside an automobile showroom is pictured in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenIndustryManufacturingNews

Hyundai Motor Group to invest record $16.7 billion in South Korea this year

Hyundai Motor Group plans a record $16.7 billion investment in South Korea, focusing on EVs, R&D, and growth.

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