Thursday, 8 May 2025

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FILE PHOTO: General Motors President Dan Ammann speaks during GM's press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo
BusinessIndustryInfrastructureNatural GasNewsOil

Exxon names former GM president to run oil and gas business

Exxon names former GM exec Dan Ammann to lead oil and gas unit, signaling continued management reshaping with outsiders.

FILE PHOTO: Ford logo is seen in a rim at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Ford UK chair calls on government for EV incentives, Sky News reports

Ford Motor Co's UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle.

Corn is loaded into a truck to be transported for ethanol production in Kelley, Iowa, U.S., January 21, 2020. REUTERS/Shannon Stapleton/File Photo
BiofuelsEconomyNewsPoliticsRegulationsSustainable Aviation Fuel

Biden administration will not finalize clean fuel tax credit guidance

Biden’s clean fuel tax credit for sustainable aviation fuels delayed, leaving future of key climate program uncertain.

Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

Rising LNG terminal costs to make new US projects less competitive, says analyst

Rising U.S. LNG plant costs and permitting pauses threaten export competitiveness, analysts warn of shifting global demand.

FILE PHOTO: Solar panels at the background as U.S. President Joe Biden speaks during a visit to Vernon Electric Cooperative in Westby, Wisconsin, U.S., September 5, 2024. REUTERS/Kevin Lamarque/File Photo
BusinessCarbon ManagementEconomyElectricityHydrogenLegislationNewsPoliticsRegulationsSolarWind

Biden pushes out over $100 billion in clean energy grants as term winds down

Biden administration surpasses $100B in climate law grants, securing clean energy projects ahead of Trump’s term.

Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The Enbridge Cheecham Terminal, an oil storage terminal, southeast of Fort McMurray, Alta. is shown on Tuesday, April 23, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessEconomyLiquefied Natural GasNatural GasNewsOil

Enbridge raises quarterly dividend by 3%, release financial guidance for 2025

Enbridge boosts 2025 dividend by three per cent, forecasts nine per cent earnings growth driven by strong utilization and new projects.

An Audi electric vehicle is being charged in a charging station in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
AutomotiveElectric Vehicles (EVs)NewsSolarTradeWind

European Commission favours more EU funds for electric vehicles sector

This would form part of the 4.6B euros from the EU's Innovation Fund for net-zero tech and renewable hydrogen.

South African President Cyril Ramaphosa gestures as he briefs the media on South Africa's G20 presidency for 2025 at the parliament in Cape Town, South Africa, December 3, 2024. REUTERS/Esa Alexander
Climate FinanceCritical MineralsElectricityEnvironmentNewsWeather

South Africa sets climate finance and debt relief as G20 presidency focus

South Africa, the first African nation to lead the G20, will focus on mobilizing finance for climate disaster-stricken countries.

The logo of Brazil's power company Eletrobras is seen in Rio de Janeiro, Brazil January 3, 2019. REUTERS/Pilar Olivares/File Photo
ElectricityEnvironmentHydropowerNewsResiliencyWeather

Eletrobras’ Santo Antonio power plant bouncing back after historic Brazil drought

Santo Antonio, one of Brazil’s largest hydroelectric plants, stayed operational during extreme drought.

FILE PHOTO: A Cadillac Lyriq electric vehicle (EV) under General Motors is seen during its world premiere on a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulations

Analysis: Why GM could suffer under Trump policies to ‘save’ Detroit automakers

GM faces dual threats from Trump’s EV subsidy cuts and tariffs, as regulatory shifts challenge its electrification strategy.

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