Wednesday, 12 February 2025

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Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez
AutomotiveBusinessElectric Vehicles (EVs)FinanceManufacturingNews

EV maker Rivian simplifies output, cuts costs, aiming for first profit

Rivian has removed over 100 steps from the battery-making process, 52 pieces of equipment from the body shop and over 500 parts from...

FILE PHOTO: A view of the Weisweiler coal power plant of German utility RWE in Weisweiler Germany, January 17, 2023 REUTERS/Wolfgang Rattay/File Photo
BusinessCoalEconomyEmissionsFinanceNewsPolitics

German coal power phase-out likely before 2038 due to economics: climate envoy

Leaders of the Group of Seven developed countries this month pledged to phase out existing unabated coal power generation in energy systems during...

The Alberta Energy Regulator says it expects the province's oilsands production to grow by more than 17 per cent by 2033. Boilers—where steam is created—at the Cenovus Christina Lake oilsands facility southeast of Fort McMurray, Alta., on Wednesday April 24, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessNewsOil

Alberta regulator projects 17 per cent growth in oilsands production by 2033

The Alberta Energy Regulator says most growth will come from in situ operations.

Fission Uranium Corp. logo is shown in a handout. The company has signed a deal to be acquired by Australian company Paladin Energy Ltd. in an agreement valued at about $1.1 billion. THE CANADIAN PRESS/HO
BusinessFinanceLegislationMiningNewsNuclear Power

Paladin Energy buying Canada’s Fission Uranium in stock deal valued at $1.1 billion

Fission Uranium Corp has signed a deal to be acquired by Australian company Paladin Energy Ltd.

FILE PHOTO: A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1,  2017. REUTERS/Kacper Pempel/Illustration/File Photo
AutomotiveBusinessNews

CDK hack upends US auto industry, sending dealers back to paper forms

A cyberattack on a system used by 15,000 retail locations is affecting automakers.

lin Gruending, Executive Vice President of Enbridge, speaks during a press conference about a wind energy project in Saskatchewan in Regina, Monday, June 24, 2024. THE CANADIAN PRESS/Heywood Yu
BusinessNewsWind

Enbridge and Six Nations Energy Development consortium plan wind energy project

REGINA — Enbridge Inc. and Six Nations Energy Development LP announced plans Monday to develop a massive wind energy project in southeast Saskatchewan....

ADNOC is headed by Sultan Al Jaber, who chaired the UN's COP28 climate talks in Dubai last year (AFP)
BusinessFinanceNatural GasNewsOilPolitics

UAE energy giant ADNOC offers 12 bn euros for Germany’s Covestro

ADNOC is headed by Sultan Al Jaber, who chaired the UN's COP28 climate talks in Dubai last year (AFP)

FILE PHOTO: An entrance of the oil refinery of Eni is seen in Taranto, southern Italy, September 21, 2018. REUTERS/Alessandro Bianchi/File Photo
BiofuelsBusinessNews

Italy’s Eni likely to finalise Enilive stake sale by year-end, CEO says

ROME (Reuters) -Italian energy group Eni expects to complete the sale of a minority stake in its biofuel unit Enilive by the end of 2024, Chief...

The logo of Hyundai Motors is seen at the company's headquarters in Seoul, South Korea, March 22, 2019.     REUTERS/Kim Hong-Ji/ File Photo
AutomotiveBusinessNews

Hyundai Motor’s union in South Korea votes to strike -union official

Almost 90% of members at the union have approved strike action.

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