Saturday, 8 February 2025

Focus on Business

Gas tanks are pictured at Austria's largest natural gas import and distribution station in Baumgarten May 2, 2014.  REUTERS/Heinz-Peter Bader/File Photo
BusinessNatural GasNewsPoliticsTrade

Austria’s half-century bond with Gazprom ended by gas seizure, sources say

OMV's seizure of Russian gas to settle an arbitration award ended over 50 years of Gazprom gas flows to Austria.

The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk France.
BusinessNatural GasNewsPoliticsSolar

TotalEnergies pauses business with Adani, says it was not aware of US investigation

Despite holding a 20% stake, TotalEnergies will stop financial contributions to Adani Green Energy after last week's indictment.

Residents enter a polling station to cast their votes in a plebiscite on whether to support a new coal mine in Crowsnest Pass, Alta., Monday, Nov. 25, 2024.THE CANADIAN PRESS/Jeff McIntosh
BusinessCoalEconomyEmissionsEnvironmentIndustryMiningNewsRegulations

‘We need an industry’: Crowsnest Pass residents voting on new Alberta coal mine

Crowsnest Pass residents vote on reopening the Grassy Mountain coal mine, reviving a decades-old debate of economy vs. environment.

FILE PHOTO: A worker shifts Photovoltaic Modules for packing at the plant of Adani Green Energy Ltd (AGEL), in Mundra, India, April 11, 2024. REUTERS/Amit Dave/File Photo
BusinessCoalEconomyElectricityLegislationNewsPoliticsRegulationsTrade

Bangladesh panel seeks global legal firm for power deals probe, including Adani

Bangladesh reviews Hasina-era power deals, including Adani's, citing cost, sustainability, and corruption concerns, eyeing reforms.

The logo and trading information for U.S. coal miner Peabody Energy Corp. are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 4, 2017.  REUTERS/Brendan McDermid/File Photo
BusinessCoalMiningNews

Anglo to sell Australian coal mines to Peabody for up to $3.78 billion

Anglo American to sell Australian coal mines to Peabody Energy for $3.78B, advancing its pivot to copper amid restructuring.

FILE PHOTO: COP29 President Mukhtar Babayev speaks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 24, 2024.
AnalysisBusinessClimate FinanceElectionsEmissionsUnited NationsVoluntary Carbon Markets (VCMs)

Business seeks details in face of mixed COP29 climate messages

If nations deliver clear climate policies next year, COP29 finance and carbon market deals could unlock billions in the business world.

Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany.
BusinessEconomyIndustryManufacturingNews

Thyssenkrupp: expert opinion gives positive view for steel business

Thyssenkrupp's steel division secures financing for two years, with expert backing its ability to continue.

News ReleaseClimate FinanceCoalEmissionsVoluntary Carbon Markets (VCMs)

Breakthrough in Baku delivers $1.3tn “Baku Finance Goal”

24 November 2024 • The Baku Finance Goal sets new global target to channel $1.3tn of climate finance to developing countries by 2035...

Activists shout slogans during a protest action at the COP29 United Nations climate change conference, in Baku, Azerbaijan November 23, 2024. REUTERS/Maxim Shemetov
Climate FinanceEmissionsEmissions MarketsNewsPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

COP29 agrees on deal to kick-start global carbon credit trading

Countries agreed on a deal at the COP29 climate conference on Saturday on rules for a global market to buy and sell carbon...

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