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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.

FILE - A fire burns a house in the Mountain fire, Wednesday, Nov. 6, 2024, in Camarillo, Calif. (AP Photo/Marcio Jose Sanchez, File)
BusinessClimateEmissionsEnvironmentNewsPoliticsRegulationsWeather

California will soon require insurers to increase home coverage in wildfire-prone areas

California will require insurers to increase home coverage in wildfire-prone areas, ensuring policies for 85 per cent of market share.

FILE PHOTO: A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS/Christian Hartmann/File Photo
AviationBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTransport

German air taxi start-up Volocopter files for insolvency

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.

Finnish Coast Guard stops a small boat which tried to reach the oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland December 30, 2024.  Lehtikuva/Jussi Nukari/via REUTERS
BusinessEnvironmentMaritimeNewsOilPoliticsRegulationsTrade

Owner seeks release of oil tanker seized in Finland cable probe

The owner of the seized oil tanker Eagle S, suspected of damaging undersea cables in the Baltic Sea, is seeking its release.

U.S. Secretary of Interior Deb Haaland attends a hearing on Capitol Hill in 2021. REUTERS/Joshua Roberts/File Photo
ClimateElectricityEmissionsEnvironmentGeothermalIndigenousNatural GasNewsOilPoliticsRegulations

US agency takes steps to protect Nevada mountains from energy development

Biden moves to shield 264,442 acres in Nevada's Ruby Mountains from oil, gas, and geothermal development for 20 years.

FILE PHOTO: A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo
FuelLiquefied Natural GasNewsRail

Cheniere produces first LNG at Corpus Christi Stage 3 project

Cheniere has played a key role in helping the U.S. become the world's largest exporter of LNG.

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