Monday, 20 January 2025

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Thick smoke hangs over the skyline of the downtown area after powerful winds fueling devastating wildfires forced tens of thousands to evacuate their homes in Los Angeles, California, U.S. January 8, 2025.  Tyler Transki/Handout via REUTERS
BusinessClimateElectricityEnvironmentInfrastructureNewsResiliencyUtilitiesWeather

Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk

Southern California Edison cut power to over 110,000 customers amid wildfires threatening 30,000 homes in the Los Angeles area.

FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017.  REUTERS/Denis Balibouse/File Photo
AviationBusinessElectric Vehicles (EVs)FinanceIndustryNewsSemiconductor

Honeywell, NXP Semiconductors expand partnership to develop aviation technology

Honeywell and NXP partner to enhance AI-driven avionics, advancing autonomous flying and urban eVTOL technology.

John Swinney visited the Coalburn 1 construction site (Jane Barlow/PA)
BusinessEconomyEfficiencyElectricityIndustryInfrastructureNewsPoliticsStorageTradeUtilities

Battery storage sites deemed ‘formidable’ for Scotland’s energy future

Scotland secures £800m for Europe’s largest battery storage sites, boosting renewables and grid resilience efforts.

FILE PHOTO: U.S. President Donald Trump attends a news conference after his summit with North Korean leader Kim Jong Un, at the JW Marriott Hotel in Hanoi, Vietnam February 28, 2019. REUTERS/Jorge Silva/File Photo
BusinessElectricityIndustryNewsOffshore WindPoliticsWind

European wind stocks take beating after Trump calls turbines ‘garbage’

Wind power stocks drop as Trump vows to block new turbines, raising fears over U.S. renewable energy market shifts.

FILE PHOTO: Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georgetown, Guyana January 23, 2020. REUTERS/Luc Cohen/File Photo
BusinessFuelNewsOilTrade

Guyana oil exports jump, gain Europe market share in 2024

Guyana's oil gains favor in Europe as many refiners avoid sanctioned Russian crude and seek alternative supplies.    

People walk up towards the Hell Fire club in Dublin ahead of a Status Orange low temperature warning issued for most counties on Wednesday night (Brian Lawless/PA)
ElectricityEnvironmentNewsWeather

Thousands still without power can use hotel facilities during Irish cold snap

The Electricity Supply Board said 4,000 homes, farms, and businesses are without power.

Flames rise from a beachfront home along the road to Malibu, as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, California, U.S. January 8, 2025. REUTERS/Mike Blake
ClimateEnvironmentNews

Los Angeles wildfires rage out of control, testing firefighting resources

Over 30,000 people evacuated their homes as a wildfire tore through a coastal area of Los Angeles in just a few hours.

FILE PHOTO: Oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland January 7, 2025.  Lehtikuva/Antti Aimo-Koivisto via REUTERS/File Photo
NewsOilPolitics

Finland says oil tanker linked to subsea cable damage has serious deficiencies

Baltic Sea nations are on high alert following a string of power cable, telecom link, and gas pipeline outages.

Shell’s liquefied natural gas production dropped in the final quarter of last year (Yui Mok/PA)
BusinessClimateEmissionsEmissions MarketsEnvironmentLiquefied Natural GasNatural GasNewsOilVoluntary Carbon Markets (VCMs)

Shell warns of £1bn cash hit from emissions certificates payments

The energy major said on Wednesday that the charge is “related to timing of payments of emissions certificates” in Germany and the US.

FILE PHOTO: A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/ File Photo
BusinessLiquefied Natural GasNews

Shell warns of weaker fourth quarter LNG, oil trading

Shell trimmed its LNG production forecast for the quarter to 6.8-7.2 million metric tons, from a previous forecast of 6.9-7.5 million tons.

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