Friday, 7 February 2025

Focus on Business

Jeff Gustavson, President of Chevron New Energies, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
BusinessCarbon ManagementElectricityNatural GasNewsOil

Big oil eyes powering big tech’s data center demand

This comes after Exxon Mobil said it is adding carbon-capture to natural gas-fired power plants supplying data centers.

Matt Lengerich, Executive General Manager- Mining at Jervois Global, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationMiningPoliticsRegulationsTrade

U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’

Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.

AviationBiofuelsBusinessClimateEmissionsEnvironmentNewsSustainable Aviation Fuel

Parkland produces first batch of low carbon jet fuel made in Canada

Canada's first low-carbon aviation fuel batch is made, sold to Air Canada, but needs gov't support to scale sustainably.

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
BusinessEconomyElectric Vehicles (EVs)IndustryNews

Tesla shares jump to record high

Tesla stock soars to record $415, surging 65 per cent post-election on Musk's Trump ties and strong China sales amid EV market optimism.

EU conservatives want the bloc to shift into reverse on its rule to phase out the sale of new combustion engine vehicles in 2025 (AFP)
AutomotiveBusinessClimateEconomyEmissionsEnvironmentFuelLegislationLiquefied Petroleum GasNatural GasNewsOilPoliticsRegulationsTransport

EU conservatives seek to stall 2035 combustion engine ban

EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.

FILE PHOTO: Hungary's Foreign Minister Peter Szijjarto speaks to delegates during a meeting of the United Nations Security Council at the United Nations Headquarters in New York City, U.S., July 16, 2024. REUTERS/Eduardo Munoz/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulationsTrade

Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments

Hungary, Slovakia scramble to pay Russian gas amid US sanctions on Gazprombank, risking potential suspension of critical energy supplies.

Vestas manufactures wind turbine blades (Andrew Matthews/PA)
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsOffshore WindWind

Vestas cuts hundreds of jobs on UK’s Isle of Wight

Vestas is switching from making offshore blades to smaller, onshore blades, which will only sustain 300 jobs at the site, it said.

General Motors' Cruise unveils wheelchair-accessible robotaxi at an event in San Francisco, California, U.S., September 14, 2023. REUTERS/Abhirup Roy/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

GM’s Cruise exit turns focus on challenges of scaling robotaxis

GM's exit of Cruise robotaxis shows the costly, long-term challenge of perfecting self-driving tech.

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessNewsOil

OPEC again cuts 2024, 2025 oil demand growth forecasts

OPEC's forecast on global oil demand marks its fifth consecutive downward revision in its monthly report.

AnalysisBusinessClimateElectionsElectricityEmissionsEmissions MarketsEnvironmentFuelOpinionPoliticsPublic Transit

How to cut through the divisions hampering climate action in Canada

Opinion: There are ways to build consensus in Canada for stable national policies on climate change.

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