Monday, 24 February 2025

Focus on Business

FILE PHOTO: A brine pool reflects clouds at a lithium mine in the Atacama salt flat, close to San Pedro de Atacama area, Antofagasta region, Chile May 4, 2023. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Rio Tinto, BYD and LG Energy eligible for Chilean lithium project

Major mining companies can proceed with proposals for Altoandinos lithium project, says state-run company.

More than 60 crypto-mining sites have opened in Paraguay in the last three years (AFP)
BusinessElectricityHydropowerNews

Paraguay’s hydropower draws crypto miners, legal and not

More than 60 crypto miners are drawn to Paraguay's hydro-powered data centers – but illegal miners are angering businesses who have invested.

FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. Picture taken May 18, 2020.  REUTERS/Jennifer Hiller/File Photo
BusinessFuelNewsOil

Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal

Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said.

Drax power station near Selby (John Giles/PA)
BusinessFuelNewsPoliticsRegulations

Drax to pay £25m penalty for data breach after wood pellet probe

British power station operated fined for failure to accurately report data on the source of 'renewable' wood pellets burned for energy.

FILE PHOTO: A sign marks the offices of Uber in Saugus, Massachusetts, U.S., May 8, 2019.   REUTERS/Brian Snyder/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Uber invests in UK startup Wayve to speed up self-driving projects

Undisclosed amount invested by ride-hailing giant as Wayve hopes to speed up development of systems.

A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Polestar shares rebound on funding boost, margins reassure

Polestar shares rise after announcing $1.3bn in external funding after months of setbacks.

FILE PHOTO: A view of the MP Materials rare earth open-pit mine in Mountain Pass, California, U.S. January 30, 2020. Picture taken January 30, 2020. REUTERS/Steve Marcus/File Photo
BusinessCritical MineralsEconomyElectionsElectric Vehicles (EVs)FinanceMineralsNewsPolitics

Wary of Trump, US minerals projects rush to close government loans

Battery and EV mineral firms hope to pay back collective $25bn in loans to US government amid fears Trump would shut down program.

The Rosebank and Jackdaw fields have sparked protest from environmental campaigners (PA)
BusinessCourtsNatural GasNewsOilPolitics

UK drops legal defence for Rosebank and Jackdaw oil and gas fields

UK Government will not challenge judicial reviews brought against fossil fuel developments in order to “save the taxpayer money”.

AgricultureBusinessClimateEmissionsEmissions MarketsNewsRegulations

Carbon registry Verra rejects China rice projects

Integrity of rice irrigation schemes under scrutiny after carbon market monitor rejects 37 Chinese projects.

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