Friday, 21 February 2025

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Reactions to new US sanctions against Russian energy interests

New US sanctions on Russian energy target tankers, traders, and oil firms, adding uncertainty to global oil markets.

FILE PHOTO: A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022.  REUTERS/Brendan McDermid/File Photo
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Investor climate group Net-Zero Asset Managers suspends activities after BlackRock exit

BlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.

FILE PHOTO: Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018. REUTERS/Simon Dawson/File Photo
AnalysisBusinessCritical MineralsEconomyFinance

Column: LME puts 2022 nickel crisis behind it as trading booms

The LME has rebounded from its 2022 nickel crisis, with record trading volumes in 2024 driven by renewed investor interest.

FILE PHOTO: FILE PHOTO: A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023.  REUTERS/Peter Nicholls/File Photo/File Photo
BusinessClimateClimate FinanceEmissionsEnvironmentFinanceNews

Barclays sustainability chief exits in latest bank reshuffle

Barclays' sustainability head Laura Barlow exits amid scrutiny of banks' climate efforts; Daniel Hanna takes expanded role.

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceLiquefied Natural GasNewsTrade

LNG exporter Venture Global targets up to $110 billion valuation in blockbuster US IPO

Venture Global targets a $110.38B valuation in its IPO, set to capitalize on surging global LNG demand in 2025.

FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
AutomotiveBusinessEconomyFinanceNewsOilPolitics

US oil refiners brace for a tough year as investor sentiment turns negative

Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that Trump may slap tariffs on...

AnalysisBusinessElectricityFinanceNewsPoliticsRegulationsSolarStorageWind

Illinois lawmakers give small boost to renewable developments, delay broader reform

Lawmakers pass a modest clean-energy bill addressing budget gaps, industry hurdles, and setting up future battery storage studies.

FILE PHOTO: A logo is displayed on battery maker Northvolt's energy storage system plant in Gdansk, Poland,  October 21, 2024. REUTERS/Marie Mannes/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNews

Northvolt owners vote to stay operating while seeking financial rescue

Northvolt shareholders back restructuring as Swedish battery maker seeks $1B funding to overcome financial struggles.

FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017.  REUTERS/Denis Balibouse/File Photo
AviationBusinessElectric Vehicles (EVs)FinanceIndustryNewsSemiconductor

Honeywell, NXP Semiconductors expand partnership to develop aviation technology

Honeywell and NXP partner to enhance AI-driven avionics, advancing autonomous flying and urban eVTOL technology.

Ontario is introducing two new energy efficiency programs, including one offering rebates for certain home improvements. A new housing development is seen in Belleville, Ont., on Friday, March 1, 2024. THE CANADIAN PRESS/Chris Young
BuildingsEconomyFinanceInfrastructureNewsPoliticsRegulationsUtilities

Ontario launching rebates for energy efficient home renovations and upgrades

Ontario is introducing two new energy efficiency programs, including one offering rebates for certain home improvements.

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