Thursday, 11 September 2025

Focus on Economy

Fiel photo: Brazil's President Luiz Inacio Lula da Silva attends the sworn-in ceremony of Brazilian state-run oil firm Petrobras CEO Magda Chambriard in Rio de Janeiro, Brazil, June 19, 2024. REUTERS/Ricardo Moraes/File photo
BusinessEconomyFinanceFuelNewsOilPolitics

New Petrobras CEO says president wants firm to boost national economy

RIO DE JANEIRO – The chief executive of Brazilian oil giant Petrobras, Madga Chambriard, said the country’s president asked her to work toward...

FILE PHOTO: India's Minister for Information Technology Ashwini Vaishnaw addresses the audience in Gandhinagar, India, July 28, 2023. REUTERS/Amit Dave/File Photo
EconomyFuelMaritimeNewsOilPoliticsRailTradeTransport

India approves $9-billion port to boost trade with Europe

India's new deep-water port will include terminals to accommodate "mega vessels" and terminals for petroleum, automobiles and other imports.

BusinessClimateEconomyEnvironmentFinanceNewsPoliticsResiliencyWeather

Caribbean Development Bank chief says ‘no time to waste’ on climate action

The Caribbean Development Bank's acting president called for immediate action to fund efforts to protect the region's coastlines and population from the growing...

FILE PHOTO: Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project is seen in Burnaby, from Cates park in North Vancouver, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo
BusinessEconomyNewsOilPoliticsTransmission

Trans Mountain revises heavy crude standards on pipeline after quality concerns

Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised...

Critical MineralsEconomyElectric Vehicles (EVs)IndigenousMineralsNewsPolitics

4 First Nations in Canada sign deal with Ontario to build roads near Ring of Fire

Canada's largest province is trying to create an end-to-end manufacturing chain for electric vehicle batteries and it sees northern Ontario's Ring of Fire...

Shadow chancellor Rachel Reeves (Lucy North/PA)
EconomyElectionsElectricityNatural GasNewsOilPoliticsUtilities

UK Labour to highlight pledge to cut down energy bills, tackle cost-of-living crisis

The UK Labour party has pledged to make Britain a clean energy superpower by 2030, which the party says will save families up...

Parliamentary Budget Officer Yves Giroux says he was not "muzzled" by the federal Liberals over economic data related to the impact of carbon pricing. Giroux, centre, waits to appear before the Standing Committee on National Security, Defence and Veterans Affairs (SECD) at the Senate in the Parliamentary Precinct of Ottawa, on Monday, June 3, 2024. THE CANADIAN PRESS/Spencer Colby
EconomyEmissionsLegislationNewsPolitics

Canada’s parliamentary budget officer says Liberals not muzzling him over carbon price data

Canada's parliamentary budget officer says he is not being "muzzled" by the federal Liberals over economic data related to the impact of carbon...

FILE PHOTO: A bitumen sample from an experiment to get bitumen out of oil sands is shown at the Imperial Oil research lab in Calgary, Alberta, Canada March 12, 2020. Picture taken March 12, 2020. REUTERS/Todd Korol/File Photo
BusinessCarbon ManagementEconomyNatural GasNewsOilPoliticsRegulations

Canada oil and gas emissions cap likely to curtail production, report says

In a report commissioned by Alberta, Deloitte modelling showed that implementing carbon capture and storage would render high-cost oil sands mines economically unviable.

AnalysisEconomyElectricityEmissionsFuelLegislationPoliticsReportsUtilities

Justice for disadvantaged communities in New York’s cap-trade-and-invest

Disadvantaged communities are disproportionately affected by emissions from fossil fuel combustion in New York. Resources for the Future considers policy options for reducing...

FILE PHOTO: German Economy and Climate Minister Robert Habeck attends the cabinet meeting at the Chancellery in Berlin, Germany, May 29, 2024. REUTERS/Liesa Johannssen/File Photo
AutomotiveEconomyElectric Vehicles (EVs)NewsTrade

German deputy leader visits China as EU tariff tensions simmer

Robert Habeck has previously spoken out against the EU's proposed tariffs on Chinese cars.

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