Saturday, 18 January 2025

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FILE PHOTO: Fernanda Jerez, a Chuquicamata copper mine underground mining project worker, poses for a picture, in Calama, Chile, February 6, 2024. REUTERS/Pablo Sanhueza/File Photo
BusinessCritical MineralsLabourMineralsMiningNews

Analysis: Codelco workers fear copper production push hard to maintain

The company is targeting annual production of 1.7 million metric tons by the end of the decade.

FILE PHOTO: Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessFuelLabourNewsOil

BP cuts over 5% of workforce to reduce costs

BP told staff that 3,000 contractor positions will also be cut.

Chinese President Xi Jinping (R) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025 (POOL)
BusinessFuelNewsOilPoliticsTrade

Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in Sri Lanka.

FILE PHOTO: A logo of Renault is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Renault 2024 sales volumes grow 1.3%, helped by hybrids

Almost 20% of Renault's sales this year will need to be electric vehicles to comply with EU emissions targets.

FILE PHOTO: A view of the exterior of NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. REUTERS/Piroschka van de Wouw/File Photo
Electric Vehicles (EVs)FinanceNewsSemiconductor

Chipmaker NXP gets 1 billion euro loan from EIB for European projects

NXP secures €1B EIB loan for R&D in five EU countries, focusing on semiconductors, energy efficiency, and critical technologies.

An oil production site run by Civitas Resources is seen near Broomfield, Colorado, U.S, December 2, 2021.  REUTERS/Liz Hampton
BusinessNatural GasNewsOil

Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports

Civitas Resources is considering selling its Denver-Julesburg Basin assets, potentially valued over $4 billion, to focus on Permian.

FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCourtsLegislationNewsOil

Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal

In the first case of its kind to reach the UK's Supreme Court, a billionaire oil tycoon challenges UK sanctions.

FILE PHOTO: A model of a pump jack is seen in front of the displayed sign "stop",  U.S. and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Russian oil products trapped at sea by US sanctions, LSEG data shows

Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday.

A wood pellet plant operated by U.K.-based energy company Drax Group is seen in Gloster, Miss., in 2024. (The Perfect Shot/Southern Environmental Law Center via AP)
AnalysisClimateFinance

Investigation: How mega-polluters take advantage of billions in green loans

Sustainability-linked loans are under scrutiny for enabling major polluters to avoid accountability while expanding harmful operations.

Protesters are seen gathered outside the offices of the Alberta Energy Regulator as public hearings take place inside, in Calgary, Alta., Tuesday, Jan. 14, 2025. THE CANADIAN PRESS/Matthew Scace
BusinessClimateCoalCourtsEconomyEmissionsEnvironmentMiningNewsPoliticsRegulations

Albertans await decision on potential coal mine as public hearings wrap up

Protests mark final hearing on controversial Alberta coal mine, as decision nears on Northback Holdings' project.

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