Tuesday, 11 February 2025

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Octopus Energy took over Bulb in 2022 with a package of Government support (Leon Neal/PA)
BusinessFinanceInfrastructureNewsUtilities

Octopus Energy to repay £3bn of UK taxpayer money used for Bulb takeover

Octopus Energy will pay the Government nearly £3bn to reimburse the public money it received to take over collapsed energy supplier Bulb

FILE PHOTO: People drive past a coal-fired power plant in Shanghai, China October 21, 2021. REUTERS/Aly Song/File Photo
AnalysisBusinessClimateCoalElectricityEmissionsFinanceFuelLiquefied Natural GasLiquefied Petroleum GasOilReports

Major Chinese asset managers have no plans to phase out fossil fuel investments, Greenpeace says

Major Chinese asset managers have billions of dollars invested in fossil fuels with no plans for a phase out, a new Greenpeace report...

FILE PHOTO: People walk in front of BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

What happens next in the EU investigation into Chinese EVs?

The European Commission is planning to impose provisional duties on EVs produced in China, what comes next?

Electric cars waiting to be loaded onto a vessel in China to be transported (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Top German minister on peace mission amid China EV tariffs row

Germany's Vice Chancellor Robert Habeck will arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China...

FILE PHOTO: A pipeline that moves methane gas from the Frank R. Bowerman landfill to an onsite power plant is shown in Irvine, California, California, U.S., June 15, 2021.Picture taken June 15, 2021.     REUTERS/Mike Blake/File Photo
BusinessClimateEmissionsEnvironmentFinanceIndigenousLegislationNewsPoliticsRegulations

US offers $850 million in grants to clean up oil sector methane emissions

The US government opened up on Friday competitive bidding for $850m in grants to help small oil and gas producers monitor and reduce...

German Vice Chancellor and Economy Minister Robert Habeck speaks to reporters after he visits Panmunjom, the demilitarised zone between South Korea and North Korea, in Paju, South Korea, June 21, 2024. REUTERS/Maria Martinez
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

German trade focus could pivot from China to US

Trade experts say economic and political factors all increasingly favour U.S.-German relationship following EU tariffs on Chinese EVs posed export risks

FILE PHOTO: Visitors view an MG EV car at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese automakers retain grip over Southeast Asia’s booming EV market

EV sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast Counterpoint Research said on Friday

The sun sets over a liquefied natural gas power plant in Santa Clara, Batangas province, Philippines on Tuesday, Aug. 8, 2023. The Philippines is seeing one of the world's biggest buildouts of natural gas infrastructure. (AP Photo/Aaron Favila)
BusinessFuelLiquefied Natural GasNatural GasNewsPolitics

Politician who pushed Philippines natural gas boom is behind firm that planned to profit

An influential politician in the Philippines, who has been a cheerleader for natural gas power, is behind a company that planned to make...

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
BusinessFuelNewsOilPoliticsTrade

Oil prices slip as rate hike worries come into focus

By Scott DiSavino (Reuters) -Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a...

FILE PHOTO: Electricity transmission towers stand over a coffee farm in Santo Antonio do Jardim February 6, 2014. REUTERS/Paulo Whitaker/File Photo
BusinessElectricityInfrastructureNewsUtilities

Brazil tightens rules to renew energy distribution concessions

The Brazilian government issued on Thursday tighter guidelines for the extension of energy distribution contracts, easing the advanced cancellation of concessions and allowing...

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