Tuesday, 21 January 2025

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FILE PHOTO: The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/REUTERS PHOTOGRAPHER/File photo
BusinessNatural GasNewsPolitics

Europe’s Russian gas era comes to an end as Ukraine transit stops

Russian gas supplies to Europe via Ukraine will cease on January 1, ending Moscow's dominance in the European gas market.

FILE PHOTO: Valves and pipes are seen at a gas compressor station in the village of Boyarka, outside Kiev, April 22, 2015. REUTERS/Gleb Garanich/File Photo
BusinessEconomyIndustryInfrastructureNatural GasNewsPoliticsTransmission

Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far

Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of...

FILE PHOTO: A logo on a 2024 Ford Escape at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Ford to recall 20,484 hybrid SUVs over battery concern

The recall includes certain Ford Escape and luxury Lincoln Corsair vehicles from model years 2020 to 2024.

Luma Energy headquarters is seen as Puerto Ricans were without electricity early on New Year's Eve after a grid failure left nearly all of the island without power, in San Juan, Puerto Rico December 31, 2024.  REUTERS/Ricardo Arduengo
ElectricityNewsTransmissionUtilities

Puerto Rico’s power grid collapses; could take two days to restore service

Puerto Rico woke up in darkness on Tuesday morning after a power grid failure left nearly all of the island without electricity.

FILE PHOTO: Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

Oil prices are expected to remain around $70 a barrel in 2025 due to weak demand from China and increasing global supplies.

FILE PHOTO: Tesla Model 3 on display at the Everything Electric exhibition at the ExCeL London international exhibition and convention centre in London, Britain, March 28, 2024.  REUTERS/Peter Cziborra/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNewsRegulations

Tesla to fix software for 77,650 China-made vehicles, says market regulator

Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China's market regulator said on Tuesday.

FILE PHOTO: A safety driver monitors a Lexus vehicle equipped with Pony.ai's autonomous driving system as the car drives on a road during a test event, in Beijing, China May 13, 2021. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Beijing unveils plans to boost driverless vehicle use in capital

Beijing will allow driverless buses and taxis from April 1, promoting autonomous vehicles and smart infrastructure.

FILE PHOTO: Pennsylvania Governor Josh Shapiro speaks at Pennsylvania Department of State’s press briefing, after polls close, on the day of the 2024 U.S. presidential election, in Harrisburg, Pennsylvania, U.S., November 5, 2024. REUTERS/Rachel Wisniewski/File Photo
EconomyElectricityNewsPoliticsRegulationsUtilities

Pennsylvania governor complains to regulator about PJM’s power market rules

Pennsylvania Governor Josh Shapiro has filed a complaint against PJM Interconnection, urging changes to prevent soaring electricity costs.

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. Picture taken August 7, 2017. REUTERS/Ricardo Moraes/File Photo
BusinessCritical MineralsMiningNewsRail

Brazil’s Vale reaches $1.8 billion railway concessions deal

Vale agrees to pay up to 11 billion reais for railway concessions, revising contracts extended to 2057 under new terms.

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsLiquefied Petroleum GasNewsOilPolitics

Judge in Citgo share auction rejects bid to block Gramercy fund lawsuits

A U.S. judge allows lawsuits by three firms to proceed, potentially impacting the auction of Citgo's parent company shares.

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