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Experts say droughts and floods that are expected to worsen with climate change threaten the natural wealth of Colombia, one of the world’s most biodiverse countries (AFP)
ClimateCourtsEnvironmentNewsPolitics

Colombian court recognizes environmental refugees

A Colombian court has ruled that environmental calamities, sudden or gradual, can legally be considered a cause of forced displacement, placing obligations on...

Deputy Prime Minister and Minister of Finance Chrystia Freeland holds a press conference prior to tabling the Federal Budget in Ottawa on Tuesday, April 16, 2024. Freeland says the $5-billion announced for an Indigenous loan guarantee program in last week's budget is just a start. THE CANADIAN PRESS/Sean Kilpatrick
BusinessEconomyElectricityFuelIndigenousInfrastructureNewsPolitics

Canada’s finance minister: $5B just a start for Indigenous loan guarantee program

The $5-billion announced for an Indigenous loan guarantee program in Canada's 2024 budget is just a start: Finance Minister Chrystia Freeland

FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo
BusinessElectric Vehicles (EVs)News

Tesla’s quarterly revenue falls for the first time since 2020

Tesla's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition...

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland presents the federal government budget for fiscal year 2024-25, in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, April 16, 2024.  REUTERS/Patrick Doyle/File Photo
Critical MineralsEconomyNewsPoliticsTrade

‘Five Eyes’ working to fight critical minerals dumping: Canada’s finance minister

Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals: Finance...

FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
BusinessElectric Vehicles (EVs)LabourNews

Tesla to lay off more than 3,000 employees in California, notices show

Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices.

Annual plastics production has more than doubled in 20 years to 460 million tonnes, and is on track to triple within four decades (AFP)
EnvironmentManufacturingNewsOilPoliticsUnited Nations

Talks on global plastic treaty begin in Canada

During talks in Kenya in November, a draft agreement leapt from 30 to 70 pages, with oil-producing nations such as Saudi Arabia recording...

FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.  REUTERS/Angus Mordant/File Photo
AnalysisElectricityIndustryNatural GasNews

AI boom to fuel natural gas demand in coming years: analysis

A spike in power usage from artificial intelligence data centers could significantly boost natural gas demand in the second half of the decade:...

A view shows a local oil refinery in Omsk, Russia June 6, 2022. REUTERS/Alexey Malgavko/File Photo
BusinessEconomyNatural GasNewsOilPolitics

Russia cuts crude oil export price forecast to $65 per barrel in 2024-27

The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per...

FILE PHOTO: Ithaca Energy logo is seen in this Illustration taken, October 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOil

Oil and gas producer Ithaca Energy to buy Eni’s UK assets for about $940 million

Eni, Italy's biggest energy company, had given North Sea oil and gas producer Ithaca Energy a four-week exclusivity period to make an offer...

FILE PHOTO: The sun sets behind Brandenburg Gate and its columns, that were painted in a protest campaign by Last Generation ("Letzte Generation") climate activists in Berlin, Germany, September 26, 2023. REUTERS/Lisi Niesner/File Photo
ClimateCourtsNewsPolitics

German climate activists sentenced for spraying paint on Brandenburg Gate

The activists were supporters of the "Last Generation" climate activists group, which had made headlines in Germany with hundreds of road blocks by...

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