Wednesday, 12 February 2025

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EconomyManufacturingNatural GasNewsOilPolitics

No tax credit for drillers in Canada’s 2024 federal budget

The industry association that represents oil and gas well drillers is disappointed Canada's 2024 budget did not extend the Clean Technology Manufacturing investment...

BusinessClimateEconomyFinanceNewsPolitics

IDB eyes joint goals statement with multilateral banks on Saturday

Multilateral development banks are being urged to expand the scope and relevance of their work amid growing needs of developing economies for substantial...

BusinessElectric Vehicles (EVs)LabourNews

Tesla layoffs include 14% of Buffalo workers, WARN notice shows

Tesla plans to lay off 285 employees in Buffalo, N.Y., as the electric-vehicle maker trims 10% of its workforce.

BusinessElectric Vehicles (EVs)LabourNews

EV-maker Rivian cuts 1% of workforce in second job cut this year

Electric-vehicle maker Rivian said on Wednesday it cut about 1% of its workforce as it reduces cost amid a broader slowdown in EV...

EmissionsNewsPolitics

Scotland to ditch 2030 greenhouse gas reduction target, says BBC report

Scotland's devolved government will abandon its target to cut greenhouse gas emissions by 75% by 2030, the BBC reported on Wednesday, adding that...

BusinessNewsPoliticsSolarTrade

US plans to restore tariffs on dominant solar technology, sources tell Reuters

The request comes as Qcells is seeking to protect a pledged $2.5B expansion of its U.S. solar manufacturing presence against competition from cheaper...

BusinessNewsWind

Equinor gets OK for two extensions on offshore wind projects in U.K.

Equinor has said it remains committed to developing offshore wind power production despite lower returns caused by rising inflation, higher interest rates and...

BusinessElectric Vehicles (EVs)News

Tesla to lay off 300 temporary workers at German site, Business Insider says

Tesla is planning to lay off 300 temporary workers at its German plant near Berlin as part of plans to cut global staff:...

BusinessEnvironmentNatural GasNewsRegulationsTransmission

Wildfire sparked by rupture in Alberta TC Energy natural gas pipeline under control

A wildfire in west-central Alberta that was sparked by a rupture in a TC Energy-owned natural gas pipeline on Tuesday is under control.

AutomotiveBusinessElectric Vehicles (EVs)NewsPolitics

Italy in talks with China’s Dongfeng and others over auto plant, minister says

Dongfeng, which is a partner of Stellantis in China, is launching its cars in Italy, starting with EV models of its Voyah brand.

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