Focus on News
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
LGES plans to cut capital expenditure by up to 30% this year on slowing EV demand growth, after posting a quarterly loss for...
Blackstone to buy $1 billion Virginia power plant near data centers
By David French (Reuters) -The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the...
Rivian to launch hands-free driving system in 2025, CEO says
By Abhirup Roy and Arsheeya Bajwa (Reuters) -Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its...
EV maker Nikola exploring options including potential sale, Bloomberg News reports
(This Jan. 23 story has been corrected to say that Nikola had $464.7 million in cash and cash equivalents at the end of...
Manitoba regulator approves hikes in natural gas, northern propane rates
WINNIPEG — Manitobans are going to pay a bit more for natural gas as well as propane used for home heating. The province’s...
Trump says US will guarantee LNG supplies for Europe
Trump says US would guarantee supplies of LNG to Europe, even amid worries that the booming export industry could boost prices of gas...
Oil industry unlikely to rush to Alaska despite Trump’s call to drill
By Sheila Dang and Valerie Volcovici HOUSTON/WASHINGTON (Reuters) – U.S. oil and gas companies are unlikely to expand development in Alaska and the...
Fishers worried by N.S. premier’s musings over lifting oil-exploration moratorium
HALIFAX — Nova Scotia seafood industry representatives voiced concerned Thursday over comments from the premier that he’s open to ending a moratorium on...
US falling behind on wind power, think tank warns
The United States is falling behind the European Union in the rollout of wind power and risks being overtaken by China, a think...
Wind, not nuclear, is the best way to meet Sweden’s climate goals, leading think tank says
STOCKHOLM (Reuters) – The cheapest way for Sweden to meet its expected rise in demand for electricity and goal of net zero emissions...
