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Ensign Energy Services reports Q1 loss, revenue down 11% from year ago

CALGARY — Ensign Energy Services Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue...

The logo of Ecopetrol is pictured at its headquarters in Bogota, Colombia July 11, 2023. REUTERS/Luisa Gonzalez
BusinessElectricityNewsWind

Colombia’s Ecopetrol exploring participation in offshore wind auction

Colombian energy company Ecopetrol is analyzing its potential direct participation in the country's first-ever offshore wind auction

FILE PHOTO: A solar panels array, part of the renewable energy community of Politecnico di Milano is seen in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco/File Photo
ElectricityLegislationNewsPoliticsRegulationsSolar

Italy split on possible solar plant curbs that may jeopardise green goals

Italy's coalition is split over a possible ban on installation of solar panels on agricultural land, according to government officials

FILE PHOTO: Stocks of new cars are parked in a lot, at Walon France automobile transport company in Hordain, northern France, May 26, 2020. REUTERS/Pascal Rossignol/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

French carmakers target fourfold jump in EV sales by 2027

French car industry will ramp up EV sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday

EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress (LEHTIKUVA)
AutomotiveElectric Vehicles (EVs)In-DepthLegislationNewsPoliticsTransport

EU election could force sharp turn in electric car policy

EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress

Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Volvo Cars April sales rise 27% year-on-year

Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the...

China's President Xi Jinping holds the hand of his wife Peng Liyuan as they disembark from their aeroplane upon their arrival for an official two-day state visit, at Orly airport, south of Paris, France on May 5, 2024. STEPHANE DE SAKUTIN/Pool via REUTERS
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

China’s Xi in Paris to meet Macron, EV exports talks planned

President Macron urged China's President Xi Jinping to ensure more balanced trade at the start of a visit to Paris by the Chinese...

The EU plans to outlaw the sale of new fossil fuel-powered cars from 2035, meaning some jobs will inevitably become redundant (AFP)
AutomotiveIn-DepthLabourNewsTransport

Europe’s auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European auto suppliers are announcing cuts

FILE PHOTO: An electric vehicle (EV) by Mercedes-Benz moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsOil

Gasoline demand growth to slow this year on EV growth in China, U.S.

Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, driven by a shift to electric cars in China and the...

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
BusinessNewsOil

Big Oil finds more to love in deepwater exploration fields

"Back in vogue": Newer deepwater oil projects offer companies longer-term production, lower breakeven costs, big resource potentials and lower carbon emissions.

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