Thursday, 6 February 2025

Focus on Economy

North Dakota Gov. Doug Burgum, at right, and first lady Kathryn Burgum, at left, exit the House of Representatives in the state Capitol in Bismarck, N.D., on Wednesday, Dec. 4, 2024, after Burgum delivered his last budget address to the Legislature. (AP Photo/Jack Dura)
AnalysisBusinessEconomyIndigenousNatural GasOilPolitics

North Dakota governor charts his path to Interior with a rosy state oil and gas outlook

President-elect Trump taps ND Gov. Burgum as Interior Secretary with a mandate to "Drill baby drill," boosting U.S. energy dominance.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulations

Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

Nippon Steel remains committed to its $15B U.S. Steel acquisition, confident of closing by year-end despite U.S. opposition.

A woman uses a donkey cart to transport a barrel of water in drought affected areas in Higlo Kebele, Adadle woreda, Somali region of Ethiopia, in this undated handout photograph. Michael Tewelde/World Food Programme/Handout via REUTERS/ File Photo
BiodiversityClimateClimate FinanceEconomyEnvironmentIndigenousNewsResiliencyWeather

Climate Investment Funds board backs $500 million Ethiopia nature plan

CIF backs a $500M plan to restore degraded land in Ethiopia, protect forests, boost food security, and fight climate change.

FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James//File Photo
BiofuelsBusinessEconomyElectricityEmissionsNatural GasNewsOffshore WindOilWind

Shell slows investments in offshore wind, splits power business

Shell scales back new offshore wind investments, splits power division to cut costs, and boosts focus on oil and gas.

FILE PHOTO: Signage at a TotalEnergies gas station in Paris, France, February 6, 2024. REUTERS/Benoit Tessier/File Photo
BusinessEconomyElectricityNatural GasNewsOffshore WindOilSolarStorageTradeWind

TotalEnergies to buy German renewables developer VSB for $1.65 billion

TotalEnergies to buy German renewables firm VSB for €1.57B, boosting its wind, solar, and battery projects in key markets.

An artistic sculpture featuring two hands with their fingers reaching towards each other. It is in a square outside the entrance to the UN Climate Change Conference Baku (COP 29) in Azerbaijan.
AnalysisBiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentPoliticsUnited Nations

Analysis: Why the $300B climate-finance goal is even less ambitious than it seems

COP29 faces criticism for relying on minimal new efforts, counting inflation-eroded funds, and including developing-country contributions.

Orano suspended production by its local unit in northern Niger owing to what it termed increasingly difficult operating conditions and financial issues (AFP)
BusinessCritical MineralsEconomyElectricityMiningNewsNuclear PowerPolitics

France’s Orano says Niger junta controls uranium unit

"For several months, Orano has been warning of the interference that the group has been suffering in the governance of Somair," the group...

General view of the ADNOC headquarters is seen in Abu Dhabi, United Arab Emirates, December 23, 2018. Photo taken December 23, 2018. REUTERS/Hamad I Mohammed/File Photo
BusinessEconomyFuelNewsOil

UAE’s Abu Dhabi sets out measures to help business get away from oil

Abu Dhabi launches a new business registry called ADRA to diversify its economy away from oil.

A lithium-ion battery for electric vehicles (EV) is pictured at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)ManufacturingNews

Thailand to extend production timeframe for battery EVs, investment board says

Thailand extends BEV production and boosts hybrid EV incentives to support South East Asia's auto hub.

Login into your Account

Please login to like, dislike or bookmark this article.