Sunday, 23 February 2025

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FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
BusinessCarbon ManagementElectricityFuelNews

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and...

FILE PHOTO: A windfarm is seen on Anglesey, north Wales May 2, 2011.  REUTERS/Toby Melville/File Photo
BusinessElectricityNewsSolarWind

Octopus Energy to invest $2.7 billion in UK clean energy

UK's Octopus Energy announced on Thursday it will invest £2 billion ($2.7 billion) in British clean energy projects by 2030.

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

lifornia Gov. Gavin Newsom arrives at a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer)
BusinessClimateEmissionsEnvironmentLegislationNatural GasNewsOilPoliticsRegulations

California Gov. Newsom signs laws to curb oil and gas pollution near neighborhoods

Governor Newsom signed laws to cut oil pollution, empower local restrictions, and fine low-producing oil wells in California.

FILE PHOTO: The logo of Stellantis is seen outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNews

Stellantis and Orano drop planned JV to recycle electric car batteries

Automaker Stellantis and nuclear fuels firm Orano have dropped their planned joint venture to recycle electric car batteries.

A construction barge and crane float next to the first jacket (Centre) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. Other support jackets and platforms sit on a barge (Left) behind the crane. The project by Deepwater Wind off the coast of Block Island, was North America's first offshore wind farm. At the time, the company said the milestone could pave the way for an industry long established in Europe but still struggling with opposition in the United States. REUTERS/Brian Snyder
AnalysisBusinessElectricityIn-DepthPoliticsRegulationsUtilitiesWind

Status update: U.S. offshore wind projects from permit stage to online

With U.S. offshore wind capacity set to grow rapidly over the next few years, we take stock of where things are now and...

FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceManufacturingNews

Ford, GM shares fall after Morgan Stanley analyst downgrade

Ford and GM shares fell five percent as Morgan Stanley downgraded both automakers, citing rising competition and weakening demand.

FILE PHOTO: A logo is pictured on HSBC bank in Geneva, Switzerland, August 16, 2018.  REUTERS/Denis Balibouse/File Photo
BusinessClimateEconomyEmissionsLegislationNewsPoliticsRegulations

HSBC says governments’ climate plans need to provide sector details

HSBC group says governments must provide sector-level detail on carbon emission plans to make them workable.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyFinanceInfrastructureManufacturingNewsPoliticsRegulationsTrade

US Steel says arbitration board rules in favor of Nippon Steel’s $14.9 billion buyout deal

An arbitrator ruled in favor of Nippon Steel's $14.9B U.S. Steel buyout, but the union remains opposed to the deal.

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