Friday, 7 February 2025

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FILE PHOTO: A container ship passes Shell's Pulau Bukom refinery in Singapore November 17, 2020.  REUTERS/Edgar Su/ File Photo/File Photo
AnalysisBusinessIn-DepthIndustryNewsOil

Shell’s Singapore refinery sale and its market significance

Oil giant Shell said Wednesday it has agreed to sell its Bukom refinery – one of the world's largest oil refining and trading...

German automakers have invested heavily in China in recent decades (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsRegulationsTradeTransport

BMW says EU probe into China EV subsidies against free trade

CEO of German luxury carmaker BMW on Wednesday warned the European Union's investigation into Chinese electric car subsidies runs counter to free trade

Oliver Zipse, CEO of BMW, visits the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LegislationNewsPoliticsTradeTransport

EU tariffs on Chinese EVs could backfire, hobble Green Deal, BMW CEO says

BMW's CEO has warned against imposing EU import duties on EVs from Chinese automakers, saying it could upend the bloc's Green Deal

FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023.  REUTERS/Leo Simon/File Photo
BusinessElectricityFinanceLabourNewsWind

Siemens Energy raises outlook, flags CEO change at troubled wind unit

Siemens Energy will replace CEO of troubled wind turbine division after little more than two years in the job, the company said Wednesday

BusinessNatural GasNewsRegulationsUtilities

US’s largest public utility ignores warnings over new natural gas plant

TVA gas plant moving ahead despite EPA's criticism of environmental review that apparently showed renewable alternative was unfeasible.

FILE PHOTO: Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo
AutomotiveBusinessNewsTransport

Tesla has proposed to launch robotaxis in China, Chinese state media reports

Elon Musk proposed testing Tesla's advanced driver-assistance package in China by deploying it in robotaxis, during his recent visit

Activists turned up the heat on ArcelorMittal over burnishing its climate credentials by highlighting its role in providing low carbon steel for the Olympic torch (AFP)
BusinessClimateEmissionsIndustryManufacturingNews

ArcelorMittal hit by Olympic flame greenwashing accusations

Environmental groups accused ArcelorMittal of greenwashing ahead of the arrival in France of the Olympic flame in a torch forged with low-carbon steel.

FILE PHOTO: Workers load packages into Amazon Rivian electric trucks at an Amazon facility in Poway, California, U.S., November 16, 2022.  REUTERS/Sandy Huffaker/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsNews

Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions

The deployment is a first for Amazon, extending its vehicle electrification projects across its land-based logistics network that stretches from ocean ports to...

Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come. The MEG Energy Corp. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, MEG Energy *MANDATORY CREDIT*
BusinessFinanceNewsOilTransmission

MEG Energy says Trans Mountain expansion will boost Canadian oil prices ‘for years’

Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come.

The Alberta Energy Regulator has fined a Calgary-based junior oil and gas producer for failing to meet its fugitive emissions and methane reporting requirements. The Alberta Energy Regulator logo is seen on a flag at the opening of the regulator's office in Calgary in an undated handout photo. THE CANADIAN PRESS/HO-Alberta Energy Regulator, *MANDATORY CREDIT*
BusinessEmissionsNatural GasNewsOilPoliticsRegulations

Alberta oil and gas company fined for violating methane rules

The Alberta Energy Regulator has fined a Calgary-based junior oil and gas producer for failing to meet its fugitive emission and methane reporting...

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