Tuesday, 6 May 2025

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FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Critical MineralsFuelMineralsNewsOil

Trafigura net profit, equity drops after Mongolia fraud

As its earnings fall, the Geneva-based firm faces possible fines as a result of a corruption trial in Switzerland.

The Stratos Direct Air Capture Facility (DAC), a joint venture between Occidental Petroleum (OXY) and asset manager BlackRock, is seen in Ector County, Texas, U.S., July 28, 2024.  REUTERS/Adrees Latif/ File Photo
BusinessCarbon ManagementElectricityFuelInfrastructureNews

Earthquakes and blowouts undermine case for carbon storage in Texas

Carbon sequestration is vital to U.S. government goals to reduce emissions that cause global warming.

Energy Security and Net Zero Secretary Ed Miliband during a visit to the Siemens Energy turbine factory in Hull to launch the clean power 2030 action plan (Danny Lawson/PA)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsPoliticsSolarWind

UK ministers to be given powers to bypass local opposition to onshore wind farms

Ed Miliband says he will be able to bypass local opposition to onshore wind farms as Energy Secretary under plans to decarbonize the...

Bosch logo is seen on an Active Line Plus e-bikes during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Michaela Rehle/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductor

US reaches preliminary deal with Bosch for $225 million in chip grants

The funding will support Bosch’s planned $1.9 billion investment to transform its manufacturing facility in Roseville, California.

FILE PHOTO: Steam rises during a test from a well at the Coso geothermal field at the China Lake Naval Air Weapons Station in China Lake, California July 31, 2008. Picture taken July 31, 2008.  REUTERS/Fred Prouser/File Photo
BusinessElectricityFuelGeothermalNatural GasNewsOil

Shale drilling techniques could lead to a geothermal surge, IEA says

Geothermal is suited to providing the massive amounts of stable energy data centres require, according the the head of the IEA.

AnalysisClimateElectricityEmissionsEnvironmentInfrastructurePoliticsSolar

Explainer: How China’s renewables rollout boosts its ‘war on sand’ 

China turns deserts into renewable energy assets, using solar farms to combat desertification while generating power.

FILE PHOTO: A sign of battery manufacturer CATL is pictured at its booth the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNewsStorageTransport

China’s CATL offers suppliers financial support to drive battery innovation

CATL has extended its leadership in EV batteries with a global market share of 36.8% in the first 10 months of the year.

Environment Minister Steven Guilbeault, pictured in April 2024, called Canada's new climate target 'realistic and achievable' (AFP)
ClimateEmissionsNews

Canada unveils 2035 climate goal critics say is weak

One of the world's top oil and gas producers, Canada has missed all its interim carbon emission targets.

FILE PHOTO: New cars, among them China-built electric vehicles of the company Xpeng, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo
Electric Vehicles (EVs)NewsTransport

Global EV sales hit third consecutive record high

China continued to lead sales growth, accounting for almost 70% of total EV sales in November.

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