Wednesday, 7 May 2025

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FILE PHOTO: Gasoline prices are shown at a local gas station as Southern California prices move towards record highs in Carlsbad, California, U.S., September 18, 2023. REUTERS/Mike Blake/File Photo
BusinessEconomyInfrastructureLegislationNatural GasNewsOilPoliticsRegulations

California law, refinery exit reflect ongoing fuel market challenges, EIA says

Fuelmakers in California could face more headwinds next year as new legislation takes effect and refining margins remain weak.

ElectricityEmissionsGeothermalNewsPolitics

EU looks to geothermal in drive for energy security, document shows

"The use of geothermal energy contributes to the strategic objectives of the European Union," the draft document said.

FILE PHOTO: The Tesla Cybercab is displayed at a Tesla store in Berlin, Germany, November 20, 2024. REUTERS/Liesa Johannssen/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsRegulations

Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says

Tesla plans robotaxi service in 2024 with a company-owned fleet and human teleoperators, starting in California and Texas.

FILE PHOTO: Three polar bears are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge in this undated handout photo provided by the U.S. Fish and Wildlife Service Alaska Image Library on December 21, 2005. U.S. Fish and Wildlife Service Alaska Image Library/Handout via REUTERS/File Photo
BiodiversityBusinessClimateEconomyEnvironmentNatural GasNewsOilPoliticsRegulations

US to offer oil and gas leases in Alaska wildlife refuge on Jan. 9

Biden administration to auction 400,000 acres in Alaska's Arctic Refuge for drilling, sparking environmental and economic debates.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOil

US average gasoline price drops below $3 a gallon for the first time since 2021

U.S. gas prices drop below $3/gallon for the first time since 2021, offering relief to consumers amid broader inflationary pressures.

FILE PHOTO: A man walks past a logo of Stellantis outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

Stellantis’ former head of Ram returns to run the brand

Tim Kuniskis returns as Ram CEO to boost Stellantis amid falling sales and profits after Carlos Tavares' unexpected resignation.

Lundin Mining logo is seen in this undated handout photo. THE CANADIAN PRESS/HO-Lundin Mining *MANDATORY CREDIT*
BusinessCritical MineralsMiningNews

Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B

Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at...

Xiaomi's first electric vehicle SU7 is displayed at a showroom of a newly opened Xiaomi store in Beijing, China March 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s Xiaomi to launch new SUV next summer amid rising demands

Xiaomi will launch its first electric SUV, the YU7, as it ventures deeper into China's competitive auto market.

Uranium stone is seen at a news conference of Macusani Yellowcake and Plateau Energy in Lima, Peru July 16, 2018. REUTERS/Mariana Bazo/File Photo
ElectionsElectricityFuelNewsNuclear PowerSmall Modular Reactors

Former SpaceX engineer seeks to help end US dearth of special uranium fuel

An ex-SpaceX engineer believes nuclear energy will play a key role in Trump's efforts to expand baseload electricity sources.

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