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Thomas von der Ohe, CEO and Co-Founder of Vay Technology, stands for a portrait with a remote driving Kia. Over the last year, riders in Las Vegas have been able to test drive the vehicle (AFP)
News

Invisible man: German startup bets on remote driver

German startup Vay offers low-cost remote driving rides in Las Vegas, blending human control with robotaxi tech to disrupt transport.

FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
BusinessEconomyNewsOilTrade

Hess CEO upbeat on oil demand, says Guyana’s potential barely scratched

Hess CEO John Hess sees a nearly balanced oil market with strong shale and Guyana prospects, yet warns of potential volatility ahead.

Ontario is introducing two new energy efficiency programs, including one offering rebates for certain home improvements. A new housing development is seen in Belleville, Ont., on Friday, March 1, 2024. THE CANADIAN PRESS/Chris Young
BuildingsEconomyFinanceInfrastructureNewsPoliticsRegulationsUtilities

Ontario launching rebates for energy efficient home renovations and upgrades

Ontario is introducing two new energy efficiency programs, including one offering rebates for certain home improvements.

FILE PHOTO: U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. January 7, 2025. REUTERS/Carlos Barria/File Photo
BusinessEconomyNatural GasNewsOilPoliticsRegulations

Trump says he will revoke Biden offshore drilling ban immediately

Donald Trump says he will revoke the offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.

Total Energy Services Inc. says it is planning $61.9 million in capital spending for 2025.The company's logo is shown in a handout. THE CANADIAN PRESS/HO
BusinessEconomyIndustryInfrastructureNatural GasNewsOilRegulations

Total Energy Services plans $61.9 million in capital spending for 2025

Total Energy to spend $61.9M in 2025 on Canadian rig upgrades, gas compression, and carry forward $16.6M from 2024.

FILE PHOTO: A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/File Photo
BusinessClimateEmissionsNewsPolitics

JPMorgan becomes latest U.S. lender to quit Net-Zero Banking Alliance

JPMorgan has decided to leave the Net-Zero Banking Alliance, the latest exit from the sector's biggest climate coalition.

FILE PHOTO: Aurora Innovation logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

Aurora's stock nearly doubled in a year, driven by investor optimism in autonomous truck tech growth.

FILE PHOTO: The Tesla logo is seen on a car at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024. REUTERS/Sarah Meyssonnier/File Photo
BusinessElectric Vehicles (EVs)EmissionsNews

Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rules

EU 2025 intermediate carbon reduction targets could cost automakers billions of euros in fines.

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 10, 2024.  REUTERS/Brendan McDermid/File Photo
BusinessEconomyEfficiencyFinanceInfrastructureNewsOilRegulations

Oil services provider Flowco seeks up to $2 billion valuation in US IPO

Flowco Holdings seeks up to $2B valuation in U.S. IPO, riding capital market rebound and bullish equity trends.

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
ElectionsEmissionsFuelLiquefied Natural GasNewsRegulations

Trump promised swift action on LNG exports, but advisers preaching patience

Trump advisers urge a patient approach to LNG export approvals to avoid rapid approvals being overturned in court.

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