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FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump addresses supporters at his rally, at the Palm Beach County Convention Center in West Palm Beach, Florida, U.S., November 6, 2024. REUTERS/Brian Snyder/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FuelLegislationLiquefied Petroleum GasNewsOilPoliticsRegulationsTransport

Trump administration plans to roll back Biden’s stricter fuel-efficiency standards

Trump's team plans to roll back Biden-era EV rules and fuel standards, aiming to ease automaker burdens and end the EV tax credit.

By David Shepardson, Rachael Levy and Chris Kirkham19 Nov 2024Reuters
FILE PHOTO: A Volkswagen logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
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VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option

Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.

By David Shepardson24 Oct 2024Reuters
FILE PHOTO: The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016. REUTERS/Mike Blake/File Photo
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Valero Energy quarterly profit plunges on weak refining margins

Valero Energy's profit slumped 86 per cent on lower refining margins, but beat expectations with $1.14/share vs. analysts' 98 cents estimate.

By Reuters24 Oct 2024Reuters
FILE PHOTO: Cars are seen waiting in traffic on a road near Porta Nuova district in Milan, Italy, October 25, 2023. REUTERS/Claudia Greco/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceFuelLiquefied Petroleum GasNewsOilPolitics

Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.

By Nick Carey21 Oct 2024Reuters
Ministers should consider raising taxes on petrol and diesel cars to reduce the ‘premium’ associated with electric vehicle (EV) purchases, an economic think thank said (Jacob King/PA)
BusinessEconomyElectric Vehicles (EVs)EmissionsFuelLiquefied Petroleum GasOilRegulationsReports

Raise taxes on petrol and diesel cars to reduce electric ‘premium’: UK think tank

Resolution Foundation urges tax hikes on petrol cars and EV charge cuts to close the price gap and boost electric vehicle adoption.

By Neil Lancefield17 Oct 2024UK PA Media
FILE PHOTO: Chairman of the Board of Management of BMW AG Oliver Zipse attends an event at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
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BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.

By Reuters15 Oct 2024Reuters
FILE PHOTO: The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
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Siemens files lawsuit in Texas against Citgo Petroleum parent

Siemens Energy sues Citgo's parent, PDV Holding, for $200M over a Venezuelan promissory note default amid Citgo share auction.

By Marianna Parraga9 Oct 2024Reuters
FILE PHOTO: A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/File Photo
AutomotiveBusinessEconomyElectionsFuelLegislationLiquefied Petroleum GasNewsPoliticsRegulationsTransport

Trump says no state would be allowed to ban gas-powered cars if he is elected

Republican presidential candidate Donald Trump says if he is elected in November, no state will be able to ban gas-powered cars or trucks.

By Alexandra Ulmer and David Shepardson3 Oct 2024Reuters
TotalEnergies CEO Patrick Pouyanne and Suriname state-owned oil company Staatsolie CEO Annand Jagesar pose for a photo during a press conference after France's TotalEnergies and U.S. APA Corp announced a positive investment decision for Suriname's most promising oil and gas project, Block 58, which is expected to inaugurate the nation's offshore output, in Paramaribo, Suriname October 1, 2024. REUTERS/Ranu Abhelakh
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TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

TotalEnergies and APA approve Suriname's Block 58, launching the country's offshore oil and gas production.

By Ank Kuipers and Marianna Parraga1 Oct 2024Reuters
FILE PHOTO: A trader walks next to Siemens Energy AG logos during Siemens Energy's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 28, 2020. REUTERS/Ralph Orlowski/File Photo
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Siemens Energy agrees to settlement with US in case over gas turbine contracts

Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.

By Reuters1 Oct 2024Reuters

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FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. REUTERS/Shannon Stapleton//File Photo

Trump says US ‘pretty close’ to minerals deal with Ukraine

22 Feb 2025Reuters
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo

EU to pare back sustainability rules for companies, draft shows

22 Feb 2025Reuters
FILE PHOTO: A BMW logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

BMW says it will review timing of electric Mini production in UK

22 Feb 2025Reuters
X9 electric vehicles by Chinese EV manufacturer XPeng, waiting to be loaded on a ship headed for Thailand (AFP)

China’s EV maker XPeng eyes doubling global presence by year’s end

22 Feb 2025Agence France-Presse

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

6 Jan 2025The Canadian Press

Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

Learn from Canada’s world-leading battery energy storage production for transport

19 Dec 2024Kathari News

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