Tuesday, 4 March 2025

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The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier
BusinessFinanceFuelNewsOil

Saudi Arabia sets up new Aramco share sale that could raise $13.1B

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as...

Electrical power pylons of high-tension electricity power lines are seen in Brussels, Belgium, November 24, 2022. REUTERS/ Johanna Geron
BusinessElectricityFuelNewsPolitics

EU agrees to quit energy investment treaty over climate concerns

EU countries agreed on Thursday to jointly quit an international energy treaty over concerns that it protects fossil fuel investments.

A view from inside a GWM ORA 03 electric car at the dealership in Wycombe, Britain, March 26, 2024. REUTERS/Andrew Boyers/file photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

How China’s EV makers aim to beat legacy automakers in Europe

Chinese electric automakers BYD, Chery and GWM are preparing a fusillade of product launches in their most important export market.

Brussels launched a probe last year into Chinese electric car subsidies, provoking Beijing's ire (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

EU seeks roadblocks for Chinese EVs without sparking trade war

The EU prepares to rev up taxes on Chinese EVs, while steering clear of a showdown with Beijing that could spark a trade war.

FILE PHOTO: A wind turbine is seen on the Frodsham on shore wind farm in Frodsham, Britain, September 5, 2023. REUTERS/Phil Noble/File Photo
ElectricityFuelNewsPolitics

Global shift to renewables slowed in 2023, policy group says

The global shift to renewables in major energy-consuming sectors slowed in 2023, hindered by regulatory gaps and political pressures.

Natural gas emits less carbon dioxide than most other fossil fuels, but methane leaks from the gas industry are a key component of climate change (AFP)
AnalysisEmissionsFuelLiquefied Natural GasNatural GasReports

Asia gas expansion threatens green transition: report

Southeast Asia has existing plans that project a doubling of gas-fired power capacity, and an 80 percent increase in LNG import capacity.

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
BusinessFuelNewsOil

Oil dips on concerns about demand, U.S stockpiles data awaited

Oil prices eased after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand.

FILE - The Fifth Ward Elementary School and residential neighborhoods sit near the Denka Performance Elastomer Plant, back, in Reserve, La., Friday, Sept. 23, 2022. Denka Performance Elastomer in Louisiana threatened to shut down if the Biden administration doesn’t give it more time to reduce its emissions. The company makes the synthetic rubber neoprene — and federal officials have accused the plant of increasing cancer risk to the nearby, majority-Black community. (AP Photo/Gerald Herbert, File)
CourtsEmissionsEnvironmentIndustryManufacturingNewsPoliticsRegulations

Louisiana chemical plant threatens shutdown if EPA emissions deadline stays

A synthetic rubber manufacturer accused of increasing the cancer risk for the nearby majority-Black community in Louisiana told a federal appeals court it...

An unoccupied, privately owned house in Rodanthe, N.C., just south of Rodanthe Pier, collapsed into the ocean early Tuesday morning, May 28, 2024. (Corinne Saunders/The Virginian-Pilot via AP)
BuildingsClimateNewsResiliencyWeather

Sixth house collapsed into the Atlantic Ocean along North Carolina coast

North Carolina’s coast is almost entirely made up of narrow, low-lying barrier islands that are increasingly vulnerable to storm surges and to being...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectionsElectric Vehicles (EVs)NewsPolitics

Elon Musk could become policy adviser if Trump wins election, WSJ reports

Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate reclaims the White House in November's...

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