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FILE PHOTO: A China Ocean Shipping Company (COSCO) vessel is seen near oil tanks at the China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp in Dalian, Liaoning province, China October 15, 2019. REUTERS/Stringer/File photo
BusinessFuelNewsOil

China’s imports of Russian oil near record high in March

China's oil imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81m metric tons

FILE PHOTO: Newly appointed Polish Finance Minister Andrzej Domanski attends the cabinet swearing-in ceremony at the Presidential Palace in Warsaw, Poland December 13, 2023. REUTERS/Aleksandra Szmigiel/File photo
BusinessEmissionsFinanceNewsPolitics

Poland to get $266m for Clean Air program, says finance minister

The Clean Air programme is Poland’s subsidy scheme supporting the replacement of obsolete heat sources and insulation of single-family houses

FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
BusinessElectric Vehicles (EVs)News

Tesla cuts US prices of Models Y, X, S by $2,000

The price cuts came days after the first-quarter deliveries of the world's most valuable automaker missed market expectations

FILE PHOTO: View of  the installations of Ecuador's hydroelectric power station Coca Codo Sinclair in Napo, Ecuador June 1, 2018. REUTERS/Daniel Tapia/File Photo
ElectricityInfrastructureNewsPolitics

Ecuador president declares state of emergency over energy crisis

Ecuador's President Daniel Noboa declared a second state of emergency over an energy crisis that has already led to rationing in the South...

FILE PHOTO: The sun sets next to a smokestack from a coal-burning power station in Beijing January 9, 2008.  REUTERS/David Gray/File Photo
Carbon ManagementClimateEmissionsNews

Climate targets group’s CEO to ease concerns over carbon offset plan

The CEO of the SBTi sought to reassure critics' concerns over the plan to allow companies to use carbon credits to offset greenhouse...

TC Energy Corp. says it has reduced the pressure on a segment of its NGTL pipeline system while an investigation continues into the cause of a rupture that occurred on the line earlier this week. TransCanada's Keystone pipeline facilities are seen in Hardisty, Alta., on Friday, Nov. 6, 2015. THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNewsTransmission

TC Energy reduces pressure on Alberta pipeline segment as rupture investigation continues

TC Energy Corp. says it has reduced the pressure on a segment of its NGTL pipeline system in Alberta while an investigation continues...

FILE PHOTO: People are reflected on a Honda Motor car outside the company's headquarters in Tokyo, Japan February 2, 2017.  Picture taken February 2, 2017.   REUTERS/Toru Hanai/File Photo
AutomotiveBiofuelsBusinessElectric Vehicles (EVs)News

Honda to invest $80M in Brazil by 2030, develop hybrid-flex vehicle

Japanese automaker Honda aims to develop a hybrid-flex vehicle in Brazil — the latest in a series of fresh investments by automakers such...

World Bank Group President Ajay Banga poses with Latvia's Minister of Finance Arvils Aseradens, Italy's Director General of the Treasury Riccardo Barbieri Hermitte, Norway's Minister of International Development Anne Beathe Tvinnereim, Belgium's Counselor-General at the Treasury Steven Costers, France's Director General of the Treasury Bertrand Dumont, Japan's Deputy Vice Minister of Finance for International Affairs Daiho Fujii, Denmark's Ambassador and Director for Multilateral Affairs Marie-Louise Koch Wegter, United Kingdom's Minister of State, Foreign, Commonwealth and Development Andrew Mitchell, Germany's Federal Minister for Economic Cooperation and Development Svenja Schulze, Netherlands' Minister of Finance Steven van Weyenberg, and U.S. treasury secretary Janet Yellen at the G-20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 19, 2024. REUTERS/Ken Cedeno
BusinessClimateEconomyFinanceNewsPolitics

World Bank wins $11 billion in pledges to boost lending for climate, global crises

The World Bank says 11 countries have pledged to contribute over $11B billion to new hybrid capital and portfolio guarantee instruments designed to...

An E15 nozzle is displayed on a pum at service station in Minneapolis, Monday, Oct. 28, 2013 photo. The Environmental Protection Agency cleared the way Friday, April 19, 2024, for E15, a higher blend of ethanol, to be sold nationwide for the third summer in a row. Gasoline with 10% ethanol is already sold nationwide, but the higher blend has been prohibited in the summer because of concerns it could worsen smog during warm weather. (Jeff Wheeler/Star Tribune via AP, File)
AutomotiveBiofuelsEconomyNewsPoliticsRegulationsTransport

EPA allowing summer sales of higher ethanol gasoline blend, citing global conflicts

The U.S. Environmental Protection Agency announced an emergency waiver that will exempt gasoline blended with 15% ethanol from an existing summertime ban.

FILE PHOTO: Tesla's new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs

The shortfall, which hasn't been previously disclosed, lays bare the challenges for Tesla as it seeks to become a high-volume player in the...

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