Friday, 24 January 2025

Focus on Infrastructure

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. TC Energy Corp. headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFinanceHydropowerNatural GasNewsOilStorageTransmissionVoluntary Carbon Markets (VCMs)

TC Energy launches South Bow Corp. as independent crude oil pipeline business

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

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
BusinessCourtsInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsPoliticsRegulations

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.

AnalysisEconomyInfrastructureOilPoliticsReportsTradeTransmission

Is Canada’s Trans Mountain Pipeline providing an inefficient fossil fuel subsidy?

Canada's Trans Mountain Pipeline fossil fuel subsidies burden taxpayers and hinder climate goals, says a report from the IISD.

UAE state energy giant ADNOC will buy German chemicals firm Covestro for 12 billion euros ($13.3 billion) (AFP)
BusinessChemicalsEconomyIndustryInfrastructureNewsOilPolitics

UAE oil giant ADNOC swoops on German chemicals firm Covestro

Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.

Scotland is on course for a record number of heat pump installations in 2024, an industry body has said (Steve Parsons/PA)
ElectricityEmissionsEnvironmentInfrastructureNewsResiliencyUtilities

Scotland on course for record number of heat pump installations in 2024

Scotland is set for a record year in heat pump installations, with a 34 per cent rise in 2024, boosted by government incentives.

The RCMP logo is seen on the shoulder of a superintendent during a news conference, Saturday, June 24, 2023 in St. John’s, Newfoundland. THE CANADIAN PRESS/Adrian Wyld
FuelIndustryInfrastructureLabourNatural GasNewsOilRegulations

Five workers seriously injured by blast at energy site in Alberta, RCMP say

An explosion at a Hawthorne Energy site in Cochrane, Alberta injured five workers; the fire may burn for days.

Ford Motor Company CEO Jim Farley speaks during a press conference in Romulus, Michigan U.S., February 13, 2023.   REUTERS/Rebecca Cook/ File Photo
BusinessElectric Vehicles (EVs)InfrastructureManufacturingNewsTransmission

Ford to offer free chargers to EV buyers through year-end

Ford is offering free home chargers and installation to EV buyers, aiming to boost sales and ease charging concerns.

A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022.  Picture taken with drone. REUTERS/Megan Jelinger/File Photo
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsPoliticsRegulationsSolarTradeTransmissionUtilities

US to unveil first of two decisions on more solar tariffs

U.S. may tariff solar panels from four Southeast Asian nations citing unfair subsidies, to support domestic solar manufacturing.

Sheets of copper cathode are pictured at BHP Billiton's Escondida, the world's biggest copper mine, in Antofagasta, Chile March 31, 2008. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndigenousIndustryInfrastructureLegislationMiningNewsRegulations

BHP expects copper demand to grow by one million metric tons a year until 2035

BHP forecasts global copper demand to double by 2035 due to tech adoption, despite mining constraints and rising costs.

AnalysisEfficiencyElectricitySolarUtilities

New solar cells break efficiency record — they could eventually supercharge how we get energy from the sun

Solar power is growing rapidly, driven by cheaper panels and efficiency gains, with new tandem cells reaching 34 per cent efficiency.

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