Tuesday, 25 February 2025

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Parts of the town of Sinimbu was submerged in water, its streets transformed into rivers (AFP)
ClimateNewsWeather

Ten dead, 21 missing after heavy rains in Brazil

President Luiz Inacio Lula da Silva has attributed the heavy rains, which has left communities completely cut off, to climate change.

Federal Trade Commission seal is seen at a news conference to announce that Facebook Inc has agreed to a settlement of allegations it mishandled user privacy at FTC Headquarters in Washington, U.S., July 24, 2019. REUTERS/Yuri Gripas/ File photo
BusinessCourtsNewsOilPolitics

US FTC set to rule on $60 billion Exxon-Pioneer deal, Bloomberg reports

The U.S. Federal Trade Commission is set to decide whether to sue to block Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources...

Assistant Secretary of State for Energy Resources, U.S. Department of State, Geoffrey Pyatt poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024.  REUTERS/Callaghan O'Hare/ File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)FinanceLiquefied Natural GasNewsOilPoliticsTrade

US State Dept says oil service firm SLB is not violating Russia sanctions

The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....

Five members of Christian Climate Action occupying the lobby of the Labour Party HQ (Christian Climate Action/PA)
FuelNewsOilPolitics

Vicars hold church service in British Labour HQ to protest oil field licence

A group of vicars have occupied and held a church service inside the British Labour Party headquarters in London to protest the proposed...

FILE PHOTO: The Xpeng X9 electric vehicle is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla's move away from ambitious plans for 'gigacasting' is another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.

Aerial view of a flooded road after heavy rains in Encantado city, Rio Grande do Sul, Brazil on April 30, 2024 (AFP)
ClimateNewsWeather

Toll climbs to 8 dead, 21 missing after heavy rains in Brazil

The deluges in Brazil's southern state of Rio Grande do Sul have displaced approximately 1,400 people in more than 100 municipalities, the majority...

Boris Johnson has announced he will co-chair Better Earth, founded by former Tory MP and net zero tsar Chris Skidmore (Jane Barlow/PA)
NewsPolitics

Boris Johnson to co-chair ex-Tory MP’s net zero initiative

Boris Johnson hails "solid plans" for cutting greenhouse gases as he joins Better Earth, set up by former Conservative Chris Skidmore.

BusinessElectricityNatural GasNews

Utility PPL Corp’s Q1 results beat on lower operating costs

PPL Corp Q1 results show operating expenses falling by 8% and better-than-expected revenues.

FILE PHOTO: Employees work at a copper smelter in Yantai, Shandong province, China April 26, 2023. REUTERS/Siyi Liu/File Photo
Critical MineralsNewsTrade

Near-record high LME prices a magnet for Chinese copper

China's copper producers are planning to export up to 100,000 metric tons of metal to push down prices.

The fixed wellhead platform of Cenovus Energy's West White Rose extension project, which had been suspended in March 2020, is seen under construction in Argentia, Placentia Bay, Newfoundland, Canada December 13, 2019. Picture taken December 13, 2019. REUTERS/Greg Locke/ File Photo
BusinessNatural GasNewsOil

Canada’s Cenovus Energy posts higher first-quarter profit

Cenovus first quarter results show record volume and rise in net income.

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