Thursday, 13 February 2025

Focus on Business

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessIndustryMineralsMiningNews

Consultancy recommends Vale 15 candidates for CEO position: report

Among those suggested by Russell Reynolds for Vale's top job are the heads of big Brazilian firms, the report said, naming Embraer's Francisco...

An Advantage Energy Ltd. logo is shown in a handout. Alberta-based Entropy Inc. says it has made a final investment decision to go ahead with its second carbon capture and storage project.The company says the project will be built to capture emissions from parent company Advantage Energy's Glacier Gas Plant in northwest Alberta. THE CANADIAN PRESS/HO
BusinessCarbon ManagementNews

Entropy gives formal go-ahead to second carbon capture project

The carbon capture facility should be operational by the second quarter of 2026 and will be able to capture 160,000 tonnes of carbon...

Russia's President Vladimir Putin shakes hands with India's Prime Minister Narendra Modi during a meeting at the Kremlin in Moscow, Russia July 9, 2024. Sputnik/Sergey Bobylev/Kremlin via REUTERS
BusinessElectricityFuelNewsNuclear PowerOilPoliticsTrade

India eyes energy deals with Rosneft and other Russian companies

Energy cooperation includes areas such as nuclear energy, oil refining and petrochemicals, partnerships in energy infrastructure, technologies and equipment.

File photo: A worker walks past a board outside Anglo American offices in Johannesburg, August 21, 2015. REUTERS/Siphiwe Sibeko/File photo
BusinessCoalFuelIndustryMineralsMiningNews

Anglo American hires banks for coal assets sale, sources say

Three banks hired to help sell Anglo coal assets worth an estimated $5bn as company restructures following attempted takeover by BHP.

FILE PHOTO: The logo of Russia's miner Norilsk Nickel (Nornickel) is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. Picture taken June 1, 2017. REUTERS/Sergei Karpukhin/File Photo
BusinessCritical MineralsMineralsNews

Nornickel in talks to move smelting plant to China, sources say

Russian mining giant Nornickel's China ambitions come after Ukraine war caused metal exchanges to be banned from accepting products.

People walk in the Houston's southwestern neighborhood as they remove fallen tree branches and debris after Hurricane Beryl, in Houston, Texas, U.S., July 8, 2024. REUTERS/Marianna Parraga
BusinessNewsOilResiliencyWeather

Oil companies in Texas try to restore operations following storm Beryl

Oil and gas companies in Texas are making efforts to restart operations after Hurricane Beryl lashed the state with 80-mph winds.

FILE PHOTO: The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Fisker to recall more than 11,000 electric SUVs globally

Fisker Ocean recall announced due to water pump issues that could cause loss of power, compounding woes after company filed for bankruptcy.

BusinessEmissionsNews

European carbon removal specialists to support new projects in India

European carbon removal specialists have launched an initiative to help Indian businesses develop projects that suck CO2 out the atmosphere.

FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su/File Photo
BusinessFinanceNews

Singapore fund eyes high-carbon investments on road to net zero

Singapore's state fund won't rule out fossil fuel investments despite Temasek net zero goals.

Backers tout flying taxis as a low-carbon form of aviation and hope future larger versions could be used as ambulances or in other roles (AFP)
AviationBusinessNewsTransport

River Seine to have flying taxi landing pad at Paris Olympics

"Experimental" Paris flying taxis scheme will be demonstrated around the Olympic Games.

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