Thursday, 27 February 2025

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BusinessNatural GasNewsOil

Crescent Point reports Q1 loss due to non-cash impairment charge

Oil and gas producer Crescent Point Q1 results show a loss of nearly $412m.

Zeekr's electric vehicles (EV) 001 and 009 are seen displayed at its booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)News

China’s Zeekr shares rise 35% above IPO price in US debut

Chinese electric vehicle manufacturer expected to start trading in New York after Zeekr IPO upsized to raise $441m.

FILE PHOTO: A Tesla car is charged at a Tesla dealership in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo
AnalysisBusinessElectric Vehicles (EVs)In-DepthInfrastructure

Analysis: Tesla’s charging layoffs threaten Biden’s highways program

Tesla's Supercharger division was all set to help build the EV charging network across the US – so what now, after the team...

A Fisker Ocean Extreme electric vehicle is displayed during CES 2022 at the Las Vegas Convention Center in Las Vegas, Nevada, U.S. January 5, 2022. REUTERS/Steve Marcus/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

US auto regulator opens preliminary evaluation into Fisker SUVs

NHTSA's Office of Defects Investigation probing Fisker SUVs over emergency braking system after complaints made.

FILE PHOTO: Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s April car sales swing to contraction despite NEV milestone

China car sales at home down as exports surge to a record high amid domestic price war on EVs.

Worthing is developing a heat network for all its buildings (Alamy/PA)
FuelInfrastructureNews

UK town’s heat network to offer all buildings green heating by 2050

Worthing heat network scheme will offer climate-friendly alternative to traditional boilers as UK shifts away from gas.

A Swiss start-up unveiled on Wednesday its second plant in Iceland sucking carbon dioxide from the air and storing it underground (AFP)
AnalysisBusinessCarbon ManagementEmissionsIn-DepthInfrastructure

Iceland’s ‘Mammoth’ raises potential for carbon capture

How a "giant SodaStream" inside a volcano takes CO2 from the air and buries it underground in pioneering Iceland carbon capture project

Darren Woods, CEO of ExxonMobil, reacts at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/Files
BusinessCourtsNews

Calpers weighs vote against Exxon CEO, FT reports

Exxon lawsuit against activist shareholders prompts pension group to consider attempt to oust Darren Woods as oil company's CEO.

FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
BusinessMiningNews

Rio Tinto had considered a bid for Anglo American, AFR says

Mining giant Rio Tinto "had not ruled out" bid for British company before BHP began takeover bid.

FILE PHOTO: A worker walks through an aluminium ingots depot in Wuxi, China's Jiangsu province, September 26, 2012. REUTERS/Aly Song/File Photo
EfficiencyHydropowerIn-DepthIndustryManufacturingNews

China’s push for greener aluminium hit by erratic rains, power cuts

As rivers and reservoirs dwindle, smelters who flocked to southwest China for green energy find themselves scaling back production.

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