Saturday, 8 February 2025

Focus on Business

FILE PHOTO: Ford logo is seen in a rim at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Ford UK chair calls on government for EV incentives, Sky News reports

Ford Motor Co's UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle.

Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

Rising LNG terminal costs to make new US projects less competitive, says analyst

Rising U.S. LNG plant costs and permitting pauses threaten export competitiveness, analysts warn of shifting global demand.

FILE PHOTO: Solar panels at the background as U.S. President Joe Biden speaks during a visit to Vernon Electric Cooperative in Westby, Wisconsin, U.S., September 5, 2024. REUTERS/Kevin Lamarque/File Photo
BusinessCarbon ManagementEconomyElectricityHydrogenLegislationNewsPoliticsRegulationsSolarWind

Biden pushes out over $100 billion in clean energy grants as term winds down

Biden administration surpasses $100B in climate law grants, securing clean energy projects ahead of Trump’s term.

Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The Enbridge Cheecham Terminal, an oil storage terminal, southeast of Fort McMurray, Alta. is shown on Tuesday, April 23, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessEconomyLiquefied Natural GasNatural GasNewsOil

Enbridge raises quarterly dividend by 3%, release financial guidance for 2025

Enbridge boosts 2025 dividend by three per cent, forecasts nine per cent earnings growth driven by strong utilization and new projects.

FILE PHOTO: A Cadillac Lyriq electric vehicle (EV) under General Motors is seen during its world premiere on a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulations

Analysis: Why GM could suffer under Trump policies to ‘save’ Detroit automakers

GM faces dual threats from Trump’s EV subsidy cuts and tariffs, as regulatory shifts challenge its electrification strategy.

AnalysisClimate FinanceEmissionsEmissions MarketsGreen SteelHydrogenIndustryTrade

Could making hydrogen-based ‘green iron’ in emerging markets speed shift to green steel in developed countries?

OIES: Could setting up ironmaking plants powered by green hydrogen in developing countries support the transition to green steel?

Workers of Europe's largest carmaker Volkswagen AG gather during pay-rise protests on the grounds of VW’s main plant in Wolfsburg, Germany, December 2, 2024.   Julian Stratenschulte/Pool via REUTERS
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Union says nearly 100,000 workers joined Volkswagen strikes across Germany

Volkswagen workers protest site closures and wage cuts, with 98,650 joining strikes as union warns of more action.

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China.
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Tesla’s China-made EV sales drop 4.3% in Nov

Tesla's share of the world's largest EV market shrank to 6% in sales terms in October.

A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)NewsPoliticsSemiconductorTrade

Explainer: After China’s mineral export ban, how else could it respond to U.S. chip curbs?

China’s export curbs on minerals like graphite highlight its leverage in EVs and chips during the energy transition.

Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo
BusinessFuelLiquefied Petroleum GasNatural GasNewsOil

Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports

The sale could help Exxon fund higher-growth projects, with energy firms and investment funds showing early interest.

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