Tuesday, 22 April 2025

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A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo
BusinessEconomyFinanceFuelNewsOilPoliticsTrade

Oil prices edge up off six-week lows

Oil prices edged higher on Wednesday but were still close to their lowest level in six weeks with few signs of a fuel...

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessCritical MineralsManufacturingNewsPoliticsTrade

Nippon Steel to dissolve JV with China’s Baoshan after 20 years

The Nikkei business daily, which first reported the news, said Nippon had decided to shift its attention to the U.S. and India.

A Windrose electric truck is seen near the Golden Gate Bridge in San Francisco, California, U.S., in this May 2024 handout picture provided by Windrose on July 23, 2024.  Windrose/Handout via REUTERS
Electric Vehicles (EVs)NewsPoliticsTrade

Windrose plans truck assembly in US in rare move by Chinese EV firm

Windrose hopes for a return to the world's second-largest auto market after presidential candidate Donald Trump stated his support.

FILE PHOTO: EV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
BusinessElectric Vehicles (EVs)InfrastructureNewsPoliticsTradeTransport

Forvia and BYD to bring Asian partnership to Europe

The two companies plan to operate together in BYD's new factory in Hungary.

FILE PHOTO: A Volkswagen ID. Buzz and a Volkswagen Beetle are seen during the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsTradeTransport

Volkswagen is reeling in China. Can EVs help it grow in the US?

The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%. 

FILE PHOTO: Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, U.S., May 24, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

Oil market likely to be in surplus next year, Morgan Stanley says

Crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining to $70 range, Morgan Stanley...

FILE PHOTO: Samples of rocks drilled at a cobalt mining site operated by Jervois Global are seen at a facility, west of Salmon, Idaho, U.S. May 16, 2024. REUTERS/Carlos Barria/File Photo
AnalysisCritical MineralsIn-DepthMineralsMiningPoliticsRegulationsTrade

Western miners push for higher metals prices to ward off Chinese rivals

There are growing calls from some policymakers and miners for a two-tier pricing system with a premium for sustainably produced metals

Electrician A. Prakash checks the parameter of the output breaker of a 500-kilowatt battery energy storage system inside the Hindustan Coca-Cola Beverages factory in Thiruvallur district, on the outskirts of Chennai, India, Tuesday, July 16, 2024. (AP Photo/Mahesh Kumar A.)
AnalysisBusinessCritical MineralsElectricityIn-DepthInfrastructureRegulationsSolarTradeTransmissionUtilitiesWind

India has ramped up its wind and solar energy. It now needs to expand places to store it

India's battery storage industry, vital for transitioning from dirty fuels, is growing rapidly despite high costs and supply chain issues, with ke investments...

FILE PHOTO: An oil pipeline in Orellana province, Ecuador July 28, 2023. REUTERS/Karen Toro/File Photo
BusinessFuelNewsOilPoliticsTrade

Ecuador and Chilean subsidiary ENAP renegotiate oil agreement

The new agreement will allow an increase in reserves by 5.6 million barrels of crude oil, the Ministry of Energy in Quito said...

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessEconomyFuelNewsOilPoliticsRegulationsTrade

U.S. FTC probes Hess, Occidental execs over OPEC communication: report

The U.S. Federal Trade Commission is probing executives from major oil firms over their communications with OPEC officials.

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