Tuesday, 25 February 2025

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FILE PHOTO: Green foliage underneath Electricity Pylons divides two sections of burnt out forest in the aftermath of the Bootleg Fire, in Sycan Estates, Oregon, U.S., July 24, 2021. REUTERS/Mathieu Lewis-Rolland/File Photo
AnalysisClimateElectricityEnvironmentNatural Gas

Analysis: Warren Buffett’s PacifiCorp utility singed by wildfires

PacifiCorp faces billions of dollars in potential liabilities from wildfires that have scorched thousands of acres in Oregon and California.

FILE PHOTO: The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo
Liquefied Natural GasNewsTransmission

US stands to lose Canadian gas after LNG Canada terminal starts up

The start-up of LNG Canada is likely to strain its natural gas supplies and force producers to reduce US exports

Afforestation after industrial use (Alamy/PA)
AnalysisClimateEnvironmentIn-Depth

Carbon removal plans not enough for 1.5C warming limit, study warns

A study has found a gap of up to 3.2bn tonnes of CO2 between what is planned for removing carbon and what is...

A record-breaking heatwave is broiling parts of Asia, helping drive surging demand for cooling options, including air-conditioning (AFP)
ClimateNewsWeather

Heatwave swells Asia’s appetite for air-conditioning

Forecasts suggest that higher temperatures could see the number of air-conditioning units in Southeast Asia jump to 300 million by 2040

FILE PHOTO: Chadian interim President Mahamat Idriss Deby speaks during the launch of his presidential campaign ahead of the May elections in N'Djamena, Chad April 14, 2024. REUTERS/Israel Matene/File Photo
AnalysisClimatePoliticsWeather

Heatwaves and outages test support for juntas in Chad and Mali

The Sahel's recent heatwave has exposed the struggle of junta-led countries, such as Chad and Mali, to guarantee basic services

Refinery workers walk inside the LyondellBasell oil refinery in Houston, Texas March 6, 2013. REUTERS/Donna Carson/File photo
AnalysisIn-DepthIndustryOil

Analysis: Heavy oil shortage spells higher cost for industry

Mexican export cuts and a rerouting of Canadian output are shrinking limited supplies of heavy crude in the Atlantic basin

FILE PHOTO: Logo of Uniper is pictured at the company's headquarters, as Germany agreed to nationalize Uniper by buying Fortum's stake in the gas importer to secure operations and keep its business going, in Duesseldorf, Germany, September 21, 2022. REUTERS/Wolfgang Rattay/File Photo
BusinessNatural GasNews

Exclusive-Uniper’s dormant gas contracts may pose hurdle to listing

Uniper is looking to the courts to solve the issue of its gas supply contracts that could deter investors upon its return to...

FILE PHOTO: The logo of Ferrari is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo
AutomotiveBusinessFuelNews

Ferrari appeals to traditional base with two new V12 cars

Despite promising its first fully-electric vehicle in 2025, Ferrari has said it will continue selling internal combustion engine cars.

ElectricityNewsPoliticsTransmission

US court lifts block on $655m clean-energy transmission line

The Cardinal-Hickory Creek high voltage transmission line will connect more than 160 renewable energy projects to the Midwestern energy grid.

FILE PHOTO: Macquarie Group's corporate logo is pictured on the wall of the Sydney headquarters after the Australian bank's full year results were announced, May 6, 2016. REUTERS/Jason Reed/File Photo
BusinessElectricityNews

Macquarie posts 32% fall in profit as energy markets stabilise

Australia's Macquarie Group annual profits down after years of blockbuster results due to volatile European energy markets and heightened fossil fuel demand in...

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