Focus on Economy
Rivian receives $827 million incentive package to expand Illinois facility
The Illinois plant, where Rivian also makes its electric delivery vans for its largest investor, Amazon.com, can produce 150,000 vehicles a year, the...
Financial, technology risks likely delayed Alberta carbon capture project: analysts
An analyst says a corporate decision by Capital Power to mothball Canada's largest carbon capture and storage project is likely the result of...
Record loss for Russia’s Gazprom as European market closed
Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to...
Xi’s trip to Europe may lay bare West’s divisions over China strategy
Chinese President Xi Jinping heads to Europe at a time when the EU is threatening to hammer China's EV and green energy industries...
Argentina budget cuts hit nuclear energy ambitions, atomic body says
Argentina's small module reactor project under threat, says nuclear body, with no budget increase under President Javier Milei's cost-cutting measures.
US State Dept says oil service firm SLB is not violating Russia sanctions
The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....
Oil begins moving on $34 billion Trans Mountain pipeline expansion
Expanded pipeline from Alberta to British Columbia coast ready to transport crude oil, but with Trans Mountain open questions still remain over the...
U.S. sets out ethanol’s path to sustainable aviation fuel subsidies
Air travel so far accounts for about 2% of U.S. carbon pollution. President Joe Biden hopes that creating a subsidized market for lower-emissions...
Alberta to partially fund facility to test geothermal drilling techniques
The Alberta government is helping fund what it says is Canada's first test site for geothermal energy drilling techniques.
