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AutomotiveBusinessElectric Vehicles (EVs)News

BorgWarner raises full-year 2024 adjusted profit outlook

BorgWarner develops and manufactures products to improve fuel economy, EV powertrains, chargers and battery systems.

The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/ File Photo
BusinessNewsOil

ConocoPhillips misses Q1 profit estimates

Milder-than-expected winter that hurt demand for fuel sees ConocoPhillips Q1 profits falling below expectations.

FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
BusinessNewsOil

OPEC+ could extend oil cuts, formal talks yet to start, sources say

OPEC+ has implemented a series of output cuts since late 2022, which could continue if demand fails to pick up.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessNewsWind

Wind farm developer Ørsted confident after Q1 profit rises

Danish offshore specialists Ørsted Q1 profits boosted by higher earnings and ramping up efforts in Taiwan and New York.

The wind energy sector is plagued by numerous problems, such as soaring interest rates, rising material costs and supply chain disruptions. (AFP)
BusinessNewsWind

Wind energy giant Vestas swings to loss in first quarter

'Continued geopolitical volatility' blame for Vestas first quarter results showing €75m loss.

Shell's earnings fell as gas prices dropped (AFP)
BusinessNewsOil

Shell logs ‘strong’ quarter as earnings fall but top expectations

The energy major insisted it remained on track to become a net zero company by 2050, but its results sparked fresh anger from...

TotalEnergies chief executive Patrick Pouyanne has floated the idea of moving the group's main listing from Paris to New York (AFP)
BusinessNatural GasNewsOil

France to ‘fight’ TotalEnergies New York listing

French Finance Minister vows to keep oil and gas giant Total Energies' New York move at bay after CEO proposed stock listing change.

BusinessClimateEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Carbon credit standards approval extended to 98% of market

Five of the world's largest carbon credit programmes now have initial approval from standards body interested in 'high quality' schemes.

Pipes and tanks snake around the inside of a carbon capture and storage facility at the Boundary Dam Power Station in Estevan, Sask., on Thursday, Oct. 2, 2014. The signature carbon capture and storage project continues to miss emissions reduction goals, raising questions about the cost-effectiveness of the technology, says a report. THE CANADIAN PRESS/Michael Bell
Carbon ManagementCoalEmissionsNews

Boundary Dam carbon capture project missing goals, report says

Goal of Boundary Dam carbon capture to reduce emissions by 90% has never been reached, claims analyst, as technology's economics are disputed.

An Air France Airbus A350-900 airplane is seen near the Paris Charles de Gaulle airport, in Villepinte, near Paris, France, November 15, 2023. REUTERS/Sarah Meyssonnier/File photo
AviationBusinessEmissionsNewsPolitics

KLM, Brussels Airlines and more in greenwashing probe

EU's airline greenwashing investigation targets 20 airlines over claims relating to carbon offsetting and the use of sustainable fuels.

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