Tuesday, 21 January 2025

Focus on Trade

FILE PHOTO: Malaysian Prime Minister Anwar Ibrahim speaks during an exchange of notes after his meeting with Ethiopian Prime Minister Abiy Ahmed at Putrajaya, Malaysia October 26, 2024. REUTERS/Hasnoor Hussain/Pool/File Photo
BusinessEconomyEfficiencyElectricityIndustryInfrastructureNewsPoliticsTrade

Malaysia aims to be conduit for diversification of energy and supply chains, PM says

Malaysia aims to become a hub for energy, semiconductors, and Islamic finance, leveraging growth and stable investments.

AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ElectricityIndustryInfrastructureSolarStorageTradeTransmissionUtilitiesWind

More than ore: The pivotal role recycled copper can play in the energy transition

Substantially increasing copper recycling will complement copper from mining and support the supply of minerals needed by the energy transition.

FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityMiningNewsTrade

Copper output at Chile’s Codelco rose to 1.328 million tons in 2024, document shows

Codelco's 2024 copper output hit 1.328M tons, slightly above 2023, despite challenges like declining ore grades and project issues.

Ontario Premier Doug Ford speaks to the media during the fall meetings of Canada's premiers in Toronto, Monday, Dec. 16, 2024. Ford is pitching U.S. president-elect Donald Trump on a vision to supply the two nations with energy. THE CANADIAN PRESS/Nathan Denette
BusinessEconomyElectricityNewsNuclear PowerPoliticsSmall Modular ReactorsTrade

Ford pitches Trump on nuclear energy expansion to avert looming Canada-U.S. tariff clash

The premier is trumpeting Ontario's nuclear energy expertise to build more large and small modular nuclear reactors in partnership with the U.S.

FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024.  REUTERS/Todd Korol/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

U.S. crude oil imports from Canada rose last week to the highest on record, data from the EIA showed on Wednesday.

John Swinney visited the Coalburn 1 construction site (Jane Barlow/PA)
BusinessEconomyEfficiencyElectricityIndustryInfrastructureNewsPoliticsStorageTradeUtilities

Battery storage sites deemed ‘formidable’ for Scotland’s energy future

Scotland secures £800m for Europe’s largest battery storage sites, boosting renewables and grid resilience efforts.

FILE PHOTO: Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georgetown, Guyana January 23, 2020. REUTERS/Luc Cohen/File Photo
BusinessFuelNewsOilTrade

Guyana oil exports jump, gain Europe market share in 2024

Guyana's oil gains favor in Europe as many refiners avoid sanctioned Russian crude and seek alternative supplies.    

FILE PHOTO: The Statue of Liberty is covered in haze and smoke caused by wildfires in Canada, in New York, U.S., June 6, 2023.      REUTERS/Amr Alfiky/File Photo
ClimateClimate FinanceEconomyEmissionsEnvironmentNatural GasNewsOilPoliticsRegulationsTrade

EU warns of ‘serious blow’ from Trump on climate change

Global climate efforts face a setback if Trump exits the Paris Agreement again, warns EU climate chief Hoekstra.

Mombak biologist Severino Ribeiro says the project's aim is to 'simulate nature' (AFP)
AnalysisBiodiversityClimateClimate FinanceEmissionsEmissions MarketsEnvironmentIndigenousRegulationsTradeVoluntary Carbon Markets (VCMs)

In Brazil, an Amazon reforestation project seeks to redeem carbon markets

By planting native species in the Amazon, Brazilian company Mombak hopes to restore credibility to a scandal-ridden carbon market.

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTrade

China’s BYD says 5,000 NEVs set sail for Europe

BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound for Europe has set sail.

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