Focus on Economy
US energy lobbying groups wary about Trump tariffs threat
U.S. oil and gas groups express concern over Trump's tariff threat on Canada and Mexico, warning of potential industry impacts.
Vauxhall owner to shut Luton factory amid ‘stringent’ zero-emission targets
About 1,120 full-time employees work at the Luton factory, which currently makes light commercial vehicles.
Gazprom 2025 plan assumes no more transit via Ukraine to Europe, source says
Gazprom plans for no gas transit via Ukraine after Dec. 31, as Ukraine seeks to end the transit deal, hurting Russian-European energy ties.
GE reaches $362.5 million shareholder settlement over power unit
GE will pay $362.5 million to resolve a shareholder lawsuit over hidden risks at its power business.
Miliband warns of ‘extreme’ climate change impacts in UK while defending COP29
Energy Secretary Ed Miliband warns climate change impacts in Britain will worsen without action, defending government emission targets.
Britain to launch consultation on electric vehicle transition
Britain will consult on its zero-emission vehicle mandate but maintain the 2030 deadline for phasing out petrol and diesel car sales.
Japan PM Ishiba urges Biden to approve Nippon-US Steel deal, sources say
Japanese PM Ishiba urges Biden to approve Nippon Steel's acquisition of U.S. Steel, highlighting its benefits to U.S.-Japan ties.
COP29: Key outcomes agreed at the UN climate talks in Baku
COP29 in Baku concluded with agreements on increasing climate finance, advancing adaptation efforts, and setting stricter emissions targets.
Alberta seeks to “de-risk” oil, gas pipeline investments in wake of Trump victory
Alberta explores boosting U.S. oil exports by de-risking private investments, avoiding direct subsidies for new pipelines.
Alberta aiming to create test site to support new drilling technologies
Alberta will invest $50M in a first-in-Canada drilling test site to boost oil, gas, geothermal, and lithium tech innovation.
