Sunday, 23 February 2025

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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.

FILE PHOTO: Mobileye logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessNewsTransport

Mobileye slashes annual forecasts on uncertain demand; shares fall

Israeli self-driving company Mobileye revenue reconsidered as carmakers around the world cut production and reduce demand for chips.

FILE PHOTO: Cryptocurrency miners are seen in a liquid immersion cooling mining tank at the TMG Core stand during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco Bello/File Photo
BusinessNewsNuclear Power

Talen Energy offers up nuclear crypto campus stake, sources say

Stake available in nuclear-powered cryptocurrency mining operation in Pennsylvania, as companies push for data centers run on clean energy.

A picture released by the media office of Iraqi Prime Minister Mohamed Shia al-Sudani shows him  looking on as BP CEO, Murray Auchincloss (L) and Iraqi Oil Minister Hayan Abdul Ghani al-Sawad sign a memorandum of understanding to develop oil and gas fields in Kirkuk. (IRAQI PRIME MINISTER'S PRESS OFFICE)
BusinessNewsOil

BP to develop new oil and gas fields in Iraq

BP-Iraq deal will see the energy giant develop four fields to extract some of the 145 billion barrels of reserves.

Pipelines at Canadian Natural Resources Limited's (CNRL) Primrose Lake oil sands project are seen near Cold Lake, Alberta August 8, 2013.   REUTERS/Dan Riedlhuber/File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

Canadian Natural Resources tops Q2 profit on higher oil prices, production boost

Canadian Natural Resources beat Q2 profit estimates on Thursday, as the energy producer benefited from higher crude prices

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