Thursday, 31 July 2025

Focus on Politics

da is aiming to cut its emissions in half by 2035 compared to 2005 levels, a newly released benchmark lower than its advisory body recommended.Environment and Climate Change Minister Steven Guilbeault rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Thursday, Dec. 5, 2024. THE CANADIAN PRESS/ Patrick Doyle
ClimateEmissionsNewsPolitics

Canada says it wants to slash its emissions in half by 2035. Will that be enough?

Canada aims to cut emissions by 45-50 per cent by 2035, lower than the 50-55 per cent recommended, amid concerns over U.S. policy...

Suncor Energy Inc. says it will increase oil output next year by up to five per cent and lower costs from its oilsands assets.Pipes lead to a processing unit at Suncor Fort Hills facility in Fort McMurray Alta., on September 10, 2018.THE CANADIAN PRESS/Jason Frans
BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsOilTrade

Suncor to increase oil and gas output by up to five per cent in 2025

Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...

A car waits to be filled with gasoline at a station in Point Pleasant Beach, N.J. on Thursday, Dec. 12, 2024. (AP Photo/Wayne Parry)
ClimateEmissionsFuelLegislationNatural GasNewsOilPolitics

New Jersey, home to many oil and gas producers, eyes fees to fight climate change

New Jersey's oil and natural gas facilities would be charged climate-related fees under a bill being considered in the Legislature.

FILE PHOTO: Vehicles queue in traffic at a highway in Frankfurt, Germany, March 27, 2023. REUTERS/Kai Pfaffenbach/File Photo
AutomotiveClimateCourtsEmissionsNewsPoliticsRegulationsTransport

EU not buckling to pressure over car CO2 rules, climate chief says

Europe's car industry potentially faces $15.8 billion of fines for failing to meet 2025 targets.

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
CourtsFuelNewsOilPolitics

US senators, green groups call for accountability over hacking of Exxon critics

A lobbyist for Exxon Mobil had been investigated for its alleged role in a hacking operation that targeted the oil company's critics.

FILE PHOTO: A view shows fuel tanks at a facility of Rosneft energy company outside the town of Neftegorsk in the Samara Region, Russia September 1, 2023. REUTERS/Alexander Manzyuk/File Photo
FuelNewsOilPoliticsTrade

Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

India has no sanctions on Russian oil, so refiners there have cashed in on the cheaper crude supply.

FILE - Gaylen Dewing, left, and Marvin Abraham affix a sign to a roadside fence east of Bismarck, N.D., Tuesday, Aug. 15, 2023, in opposition to Summit Carbon Solutions' proposed five-state, 2,000-mile pipeline network to carry carbon dioxide emissions from dozens of Midwestern ethanol plants to North Dakota for permanent storage deep underground. (AP Photo/Jack Dura, File)
Carbon ManagementEnvironmentIndigenousInfrastructureNewsPoliticsRegulations

North Dakota regulators consider underground carbon dioxide storage permits for Midwest pipeline

North Dakota panel weighs carbon pipeline permits amid landowner protests and environmental debate over CO2 storage project.

FILE - Shipping containers are stacked at a port in Tianjin, China, Jan. 16, 2023. (AP Photo/Mark Schiefelbein, File)
Critical MineralsMineralsNewsPoliticsSemiconductorSolarTrade

US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products

Tariffs on Chinese-made solar wafers and polysilicon will rise to 50% and duties on certain tungsten products will increase to 25%.

FILE PHOTO: A small toy figure and gold imitation are seen in front of the Newmont logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsEconomyMiningNewsPolitics

Mexico’s Newmont optimistic about talks on mining royalties hike

Newmont's Mexican division says it sees an "openness for dialogue" from the Mexican government amid proposed increase in mining royalties.

FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsRegulations

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

Microsoft to take $800M hit from Cruise shutdown, reflecting tech industry's struggles with autonomous vehicle investments.

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