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FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
BusinessCritical MineralsEconomyFinanceMineralsNews

European firms and banks urged to boost investment in critical minerals

EU has launched an ambitious plan to accelerate production of critical minerals needed for EVs – but "no equity is being invested".

FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
Critical MineralsIndustryNews

Copper demand to boom as new tech drives power consumption

Copper consumption set to rise by 10 million metric tons, says Trafigura, as AI data centers, EVs and renewable energy cause spike in...

FILE PHOTO: The headquarters of energy pipeline operator Enterprise Products Partners seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020.  REUTERS/Gary McWilliams/File Photo
BusinessFuelNewsOil

As shale oil gains slow, deepwater port struggles for customers

Regulatory delays, slowing production and high prices leave Texan shale oil port scrambling for business.

FILE PHOTO: Equinor's logo is seen next to the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
BusinessClimateNewsOil

Investors push Equinor to align strategy with global climate goal

Norwegian oil company majority-owned by government under fire after minority investors push for spending in line with Paris Agreement.

FILE PHOTO: A Malawian subsistence farmer carries a bag of fertilizer near the capital Lilongwe, Malawi February 1, 2016. REUTERS/Mike Hutchings/File Photo
AnalysisClimateLabourNewsPoliticsWeather

World’s workers increasingly at risk as climate changes: ILO report

More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of thousands of deaths each...

EconomyElectricityNewsPoliticsSolar

Biden marks Earth Day by announcing $7B in U.S. federal solar power grants

Solar power projects are expected to eventually reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households...

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

Denmark launches its biggest offshore wind power tender

Six wind power sites could reach capacity of 10GW if competing companies erect enough turbines, says Danish ministry.

FILE PHOTO: A BYD's electric vehicle (EV) Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)News

Prices of EVs fall in Chinese city of Shenzhen, state planner says

Electric cars and hybrids are popular in the southern Chinese metropolis, where manufacturers have cut prices up to 10%.

FILE PHOTO: The logo of Russia's mining company Norilsk Nickel (Nornickel) is seen during the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov/File Photo
BusinessCritical MineralsEmissionsMiningNews

Russia’s Nornickel to move copper plant to China, says CEO

Mining giant will build new copper production facility abroad after Russian sanctions hamper supply of crucial parts.

FILE PHOTO: Sweden's Foreign Minister Tobias Billstrom speaks to the media as he attends a NATO foreign ministers meeting at the Alliance's headquarters in Brussels, Belgium November 28, 2023. REUTERS/Yves Herman/File Photo
Liquefied Natural GasNewsOilPolitics

Next sanctions must target shadow Russian oil fleet, Sweden says

Minister Tobias Billström calls for import ban on LNG and crackdown on shadow fleet transporting Russian oil.

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