Friday, 18 April 2025

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FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends an interview with Reuters Editor in Chief Alessandra Galloni in Washington, U.S., April 25, 2024. REUTERS/Evelyn Hockstein/File Photo
AutomotiveBusinessEconomyLegislationMaritimeNewsOilPoliticsRegulationsTradeTransport

Yellen won’t rule out sanctions on Chinese banks, curbs on ‘dark fleet’ oil tankers

Yellen signals new sanctions on Russian oil and Chinese banks to curb funding for the Ukraine war amid a softer oil market.

A driver checks the line as he waits for gasoline in Havana, Cuba, December 13, 2024. REUTERS/Alexandre Meneghini
AutomotiveEconomyNatural GasNewsOilPoliticsTradeTransport

Cuba runs short on fuel at pump as energy crisis festers

Cuba faces severe fuel shortages, with closed gas stations and long lines, compounding the impact of recent blackouts.

Quebec Premier Francois Legault and Andrew Furey, premier of Newfoundland and Labrador, shake hands after signing a memorandum of understanding during an announcement in St.John's, Thursday, Dec. 12, 2024. Former Newfoundland and Labrador premiers say a draft agreement signed Thursday with Quebec marked significant headway in a long-standing political standoff they had tried and failed to make.THE CANADIAN PRESS/Paul Daly
EconomyElectricityHydropowerIntertiesNewsPoliticsRegulationsTradeTransmissionUtilities

‘Breaking of gridlock’ between Quebec, N.L. is the envy of former premiers

A historic energy agreement ends a decades-long standoff, reshaping ties between Newfoundland, Labrador, and Quebec.

Ontario Premier Doug Ford speaks to members of the media at Queen's Park Legislature in Toronto on Thursday December 12, 2024. THE CANADIAN PRESS/Chris Young
EconomyElectricityNewsPoliticsTradeUtilities

Ontario mulls U.S. booze ban as Trump brushes off Ford’s threat to cut electricity

Ontario Premier Doug Ford threatens to restrict electricity exports and bar American-made alcohol if Trump imposes tariffs, which he dismisses as "fine."

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...

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 - 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%.

Matt Lengerich, Executive General Manager- Mining at Jervois Global, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationMiningPoliticsRegulationsTrade

U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’

Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.

FILE PHOTO: Hungary's Foreign Minister Peter Szijjarto speaks to delegates during a meeting of the United Nations Security Council at the United Nations Headquarters in New York City, U.S., July 16, 2024. REUTERS/Eduardo Munoz/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulationsTrade

Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments

Hungary, Slovakia scramble to pay Russian gas amid US sanctions on Gazprombank, risking potential suspension of critical energy supplies.

FILE PHOTO: A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021.  REUTERS/Vladimir Soldatkin/File Photo
AnalysisBusinessEconomyLiquefied Natural GasPoliticsTrade

Analysis: Rival LNG supplies, Sakhalin’s depleting fields give Japan an exit from Russian gas

Japan eyes LNG shift as Sakhalin-2 deals near expiry, balancing energy security, geopolitics, and the push for renewables.

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