Tuesday, 14 January 2025

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FILE PHOTO: The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelIndigenousInfrastructureNatural GasNewsPoliticsTransmission

Indigenous communities to borrow C$1 billion for TC Energy pipeline stake: report

Canada’s Indigenous communities plan a C$1 billion bond offering to fund a minority stake in TC Energy’s natural gas pipeline system.

FILE PHOTO: The Trans Mountain Burnaby Terminal tank farm is seen as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain pipeline loads 19 Aframax vessels in July, slightly below June levels

Canada's Trans Mountain pipeline loaded 19 Aframax ships in July, exporting about 330,000 bpd, slightly lower than June.

FILE PHOTO: Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyFuelNewsOilPoliticsRegulations

US EPA grants fuel waiver to Midwest states impacted by Joliet refinery shutdown

The EPA issued an emergency waiver for four states to alleviate gasoline shortages caused by the shutdown of Exxon Mobil's Joliet refinery.

FILE PHOTO: A drone view shows BYD electric vehicles (EV) before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS/File Photo
BusinessEconomyElectric Vehicles (EVs)LabourNewsPoliticsTrade

Canadian union Unifor calls for strict tariffs on imported Chinese EVs, components

Unifor urges Ottawa to impose high tariffs on Chinese EVs and components, citing unfair competition risks to the local EV sector.

AviationBusinessNewsSustainable Aviation Fuel

Gunvor teams up with VARO to build sustainable aviation fuel facility in Rotterdam

The manufacturing facility in Rotterdam, with capacity of 350 kt per annum, aims to produce enough sustainable aviation fuel to meet up to...

This year’s Fashion Transparency Index has been published. (Andrew Milligan/PA)
BusinessEconomyEmissionsNewsPolitics

Big fashion brands urged to invest 2% of revenue into just transition

Fossil fuels aren't fashionable, but big clothing brands are facing calls to help fund transition in report that criticises industry's commitment to Paris...

BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Standard Lithium names David Park as CEO

Park, in a prior role, has served as the president at a unit of Koch Industries, Standard Lithium's biggest shareholder.

Cummins logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration
AutomotiveBusinessMining

Cummins raises full-year outlook as demand picks up steam

Truck maker Cummins' Q2 beats estimates after power systems find using in mining industry and work continues on low-emission technologies.

TC Energy Corp. says it had a net income of $963 million in the second quarter, up from $250 million in the same quarter last year. TC Energy headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessNewsUtilities

TC Energy eyes data centre growth as potential opportunity

Adjusted earnings for TC Energy in Q2 came in at $978 million, down slightly from last year.

Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/ File Photo
BusinessEconomyNatural GasNewsOilPolitics

North Sea oil and gas producers say UK windfall tax is a ‘wrecking ball’

Drilling companies say to expect a sharp drop in revenue following increased UK windfall tax on oil and gas companies.

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