Monday, 10 February 2025

Focus on Business

FILE PHOTO: Turkey's Vice President Cevdet Yilmaz speaks during a press conference to unveil a savings measures package in Ankara, Turkey, May 13, 2024. REUTERS/Umit Bektas/File Photo
BusinessClimateEmissionsLegislationNewsPoliticsRegulations

Turkey to implement national emissions-trading system soon, vice president says

Turkey will soon implement a national emissions-trading system in line with the EU Green Deal, Turkish VP Cevdet Yilmaz said on Friday

FILE PHOTO: General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

Saudi Arabia set to raise $11.2bn in Aramco lower priced share offer

Saudi Arabia is poised to raise more than $11.2bn from its secondary offering of oil giant Aramco's lower priced shares

FILE PHOTO: A sign of battery manufacturer CATL is pictured at its booth at the Beijing International Automotive Exhibition in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceLabourNewsPoliticsTradeTransport

US lawmakers call to add China’s CATL, Gotion to import ban list, WSJ reports

Chinese battery companies CATL and Gotion High Tech should be added immediately to an import ban list, a group of Republican lawmakers said

The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyMiningNewsPolitics

Chile’s Codelco targeting 2030 production for Maricunga lithium site: documents

Rothschild & Co has formally started to assess candidates to partner with Chile's state-run miner Codelco on a major new lithium project slated...

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyFuelNewsOilPolitics

Texas startup hopes 4th time’s a charm to build first big US oil refinery since 1977

Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, says it is relaunching...

A flare stack lights the sky from an oil refinery in Edmonton on Friday December 28, 2018. Executives of some of Canada's largest oil and gas companies are expected to testify before a parliamentary committee Thursday about their efforts to reduce their sector's greenhouse gas emissions.  THE CANADIAN PRESS/Jason Frans
BusinessCarbon ManagementEmissionsFuelNatural GasNewsOilPoliticsWeather

Canadian oil and gas CEOs testify before Commons environment committee

Canada's federal government has proposed a legislated cap on emissions from the oil and gas sector, something the industry opposes.

Second-hand Fiat 500e cars, imported from California, U.S., are seen at the Buddy Electric car dealership in Oslo, Norway March 11, 2109.  REUTERS/Alister Doyle
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Fiat sees demand for new hybrid 500e small car over 100k units a year

Market demand for Fiat's new hybrid 500e small car amounts to around 10k units a year as the company offers a cheaper version...

BusinessCritical MineralsFinanceMineralsNews

Precious metals firm turns Florida aviation hangar into silver mint in bet on US market

Precious metals company MKS PAMP Group, has repurposed an aviation hangar in Florida in a bet on strong North American investment demand

A Nio ET7 is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s Nio expects Q2 EV sales to more than double

Revenue in the three-month period starting April would also nearly double to about $2.3 billion, the company added.

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015.  REUTERS/Nick Oxford/File Photo
BusinessFinanceFuelLiquefied Natural GasLiquefied Petroleum GasNewsOil

How Devon Energy missed out on the US oil and gas mega-deal wave

US oil and gas producer Devon Energy has lost bids in the last 12 months because its shares were spurned as acquisition currency

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