Tuesday, 25 February 2025

Focus on Business

Land-based wind turbines spin in Atlantic City, N.J., April 28, 2022. (AP Photo/Wayne Parry)
BusinessElectricityNewsWind

Another New Jersey offshore wind project runs into turbulence

Amid opposition in New Jersey, proposed offshore wind farm development held up by failing to secure a manufacturer for turbine blades.

Model of petrol pump is seen in front of decreasing stock graph in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessFinanceNewsOil

AI likely to weigh on oil prices over the next decade: Goldman Sachs

Goldman Sachs warns AI could lower oil prices by reducing costs and boosting supply, outweighing modest demand increases.

FILE PHOTO: The BYD Shark is displayed on the day Chinese EV maker BYD launches its new truck, on the Mexican market in an event in Mexico City, Mexico May 14, 2024. REUTERS/Henry Romero/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPolitics

Chinese electric carmaker BYD denies pause on Mexico plant plans

BYD denied a Bloomberg report claiming it delayed plans for a Mexico factory, stating no decision has been postponed.

A child plays at Surfside Beach as France-flagged vessel LNG Adventure departs from Freeport, Texas, bound for the Panama Canal, in Freeport, Texas, U.S. July 28, 2023. REUTERS/Marianna Parraga/ File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

US LNG exports rebound in August on higher output from Freeport LNG

U.S. LNG exports rose to 7.48 MT in August as output increased and Freeport LNG resumed operations post-shutdown.

FILE PHOTO: New Fortress Energy's liquefied natural gas (LNG) import terminal is pictured near San Juan, Puerto Rico, July 28, 2022.  REUTERS/Gabriella N. Baez/File Photo
BusinessLiquefied Natural GasNewsTrade

New Fortress Energy receives authorization to export LNG to non-FTA countries

New Fortress Energy said on Tuesday it has received authorization to export liquefied natural gas to non-free trade agreement countries.

FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectricityNewsOilSolar

TotalEnergies deepens ties with India’s Adani Green in $444M joint venture

The electricity will be sold on the wholesale market and through power purchase agreements signed with the federal government agency, Solar Energy Corporation...

Reform UK chairman Richard Tice hit out at Mr Miliband’s plans (Maja Smiejkowska/PA)
Contracts for DifferenceElectricityNewsOffshore WindPoliticsSolarWind

Reform UK MP accuses Ed Miliband of being ‘obsessed’ with renewable energy

Reform UK's Richard Tice attacks wind and solar auctions as being 'more expensive' in heated debate with Energy Secretary.

FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
BusinessCritical MineralsFinanceNews

Goldman temporarily suspends zinc coverage

Goldman Sachs has suspended covering zinc markets "for the moment", citing "restricted capacity" following the departure of the sector lead earlier this year.

FILE PHOTO: Women walk outside the headquarters of Ukrainian state power distributor Ukrenergo in Kiev, Ukraine June 30, 2017. REUTERS/Valentyn Ogirenko/File Photo
BusinessNewsPoliticsUtilities

Two resign from Ukrainian grid’s board to protest chief’s dismissal

Ukrenergo resignations are a protest against the 'politically motivated' termination of Volodymyr Kudrytskyi, as conflict with Russia continues.

News ReleaseContracts for DifferenceElectricityEmissions MarketsOffshore Wind

Ørsted’s Hornsea 3 and Hornsea 4 awarded capacity in UK allocation round 6

3 Sept 2024 06:59 The UK Department for Energy Security and Net Zero (DESNZ) has awarded Ørsted contracts for difference (CfD) for a...

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