Tuesday, 1 April 2025

Focus on Trade

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.

FILE PHOTO: People walk past a logo of the battery manufacturer Contemporary Amperex Technology Co. Limited (CATL) at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AnalysisBusinessElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulationsSemiconductorTrade

How Washington’s tag on China’s CATL could affect Tesla

US listing of CATL, linked to China's military, puts Musk in a tough spot balancing administration ties and Chinese partnerships.

FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
BusinessEconomyNewsOilTrade

Hess CEO upbeat on oil demand, says Guyana’s potential barely scratched

Hess CEO John Hess sees a nearly balanced oil market with strong shale and Guyana prospects, yet warns of potential volatility ahead.

FILE PHOTO: A Ford Fusion hybrid, Level 4 autonomous vehicle, used by Ford Motor and Domino's Pizza to test a self-driving pizza delivery car in Michigan, is displayed during Press Days of the North American International Auto Show at Cobo Center in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

US self-driving car companies seek boost under Trump

Autonomous vehicle firms urge U.S. to lead on AV adoption, citing regulatory delays and competition from China.

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