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FILE PHOTO: Steam rises from chimneys of the Gazprom Neft's oil refinery in Omsk, Russia November 18, 2022. REUTERS/Alexey Malgavko/File Photo
Natural GasNewsOilPoliticsRegulationsTrade

Russia says it will continue oil and gas projects despite US sanctions

Russia slams new US oil and gas sanctions as a hostile move, vowing to press on with energy projects and foreign policy responses.

FILE PHOTO: Models of natural gas pipeline is seen in front of displayed word U.S. and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsPoliticsRegulationsTrade

Russian oil firm shrugs off sanctions, insurer says dodgy operators will profit

US sanctions target Russian oil giants; Gazpromneft and Ingosstrakh claim resilience, warn of negative market fallout.

Russia's Gazprom Neft was one of the companies targeted by the US Treasury Department's sanctions (AFP)
BusinessNatural GasNewsOilPoliticsRegulationsTrade

US, UK unveil widespread sanctions against Russia’s energy sector

US and UK sanction Russia’s energy giants, including Gazprom Neft, just days before Joe Biden’s term ends.

FILE PHOTO: President of the Venezuelan state oil company PDVSA Hector Obregon attends a press conference held by Venezuela's Vice-President and Oil Minister Delcy Rodriguez at the Miraflores Palace, in Caracas, Venezuela November 18, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo
BusinessNewsOilPoliticsRegulationsTrade

US targets Venezuela oil company chief, others with sanctions

US sanctions target Venezuela's PDVSA chief Obregon amid Maduro's claims of economic war and resilience.

FILE PHOTO: A logo of BYD is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

BYD steps up Europe expansion with new compact SUV

The launch comes two months after the European Union approved increased tariffs on Chinese-built EVs.

FILE PHOTO: United States Secretary of Commerce Gina M. Raimondo attends Day one of the Democratic National Convention (DNC) in Chicago, Illinois, U.S., August 19, 2024. REUTERS/Mike Segar/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

US to finalize Chinese vehicle crackdown rules next week, Raimondo says

The proposal issued in September would make software prohibitions effective in the 2027 model year. The hardware ban would take effect in 2029.

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.

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