Saturday, 6 September 2025

Focus on Business

FILE PHOTO: British Petrol BP price list pillar displayed petrol prices in Polish zloty (1EUR-4,5855PLN) which almost double after Russian aggression on Ukraine at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
AnalysisBusinessFinanceOil

Big oil’s big payouts under strain as energy prices fall

By Ron Bousso LONDON (Reuters) -Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share...

FILE PHOTO: Warren Buffett, chief executive officer and chairman of Berkshire Hathaway Inc, speaks at a National Auto Dealers Association event in New York March 31, 2015. REUTERS/Brendan McDermid//File Photo
BusinessElectricityNatural GasNewsTransmissionUtilities

Berkshire Hathaway buys full control of its energy unit

Berkshire Hathaway Energy expects to complete the transactions following regulatory approvals in the current quarter.

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. TC Energy Corp. headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFinanceHydropowerNatural GasNewsOilStorageTransmissionVoluntary Carbon Markets (VCMs)

TC Energy launches South Bow Corp. as independent crude oil pipeline business

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

A visitor is reflected as he takes pictures of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. Picture taken October 4, 2018. REUTERS/Anushree Fadnavis/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Ford slashes annual, monthly prices for hands-free driving service

Ford Motor Co said on Tuesday it will lower the annual and monthly subscription prices for its hands-free driving technology.

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOilPolitics

OPEC+ unlikely to change output policy at Oct. 2 panel meeting

Oil prices have fallen in 2024, pressured by concern about global demand and rising supply outside OPEC+.

BusinessElectricityNewsSolar

Nearly $32 million awarded for a large-scale solar project in Arkansas

Climate United, a national nonprofit coalition, announced Tuesday that the pre-construction financing would be awarded to Scenic Hill Solar for the project.

Workers stand in the turbine hall of Uniper's Ratcliffe-on-Soar power station the day after it was taken offline, in Ratcliffe-on-Soar, Britain, October 1, 2024. REUTERS/Phil Noble
BusinessCoalEmissionsLabourNews

UK’s coal plant closure a milestone towards climate goals, Uniper CEO says

The closure of Britain's last coal plant is a major milestone on the path for the country to meet its climate targets: Uniper...

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo
BusinessMaritimeNewsOilTrade

Brent oil traders use little known rule to reroute US cargoes

Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute U.S. shipments...

FILE PHOTO: Visitors stand at the booth of Volkswagen's truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Volkswagen’s electric truck unit Traton plans to increase profitability by 2029

Volkswagen's Traton aims to boost electric truck sales, grow revenue by 20-40 per cent, and repay debt over the next five years.

FILE PHOTO: A trader walks next to Siemens Energy AG logos during Siemens Energy's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 28, 2020. REUTERS/Ralph Orlowski/File Photo
BusinessCourtsInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsPoliticsRegulations

Siemens Energy agrees to settlement with US in case over gas turbine contracts

Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.

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