EIA expects oil prices to be under pressure from oversupply in 2025, 2026
U.S. oil production is poised to set a larger record this year than prior estimates, the EIA said in its Short-Term Energy Outlook report.
Analysis: Russia’s Arctic oil feels the chill from US sanctions
US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.
Volkswagen deliveries fall in 2024 as electric push slows
The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.
G20 financial stability watchdog urges broader adoption of climate transition plans
G20's FSB urges standardization of climate transition plans to assess banking risks, as global discrepancies persist.
Sizewell C nuclear plant costs ‘could double to nearly £40bn’
Nuclear plants are becoming vital for electricity in Britain as the government aims to decarbonize the grid by 2030.
IFC says world must urgently streamline green bond ‘taxonomies’
World Bank calls for unified green bond definitions to secure funds for the green transition, amid concerns over US policy shifts.
US aluminium premium shows market sanguine over threat of Trump tariffs on Canada
Despite Trump's tariff threats on Canadian aluminium, U.S. prices show only a modest rise, reflecting market skepticism.
Global road transport emissions to peak in 2025: study
CO2 emissions from road transport could peak worldwide this year thanks to rapid growth in EVs and stricter regulations.
Peru’s niche Bretaña crude oil gains popularity in US
The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.
Six EU countries call for lowering of G7 price cap on Russian oil
EU nations urge lowering the $60 Russian oil cap to cut war funds, aiming for peace without market shock.
Biden administration finalizes US crackdown on Chinese vehicles
Biden's administration is finalizing rules that will effectively bar nearly all Chinese cars and trucks from the U.S. market.
Column: Copper’s early-year rally leaves investors unimpressed
Copper prices rise in January, yet market remains cautious amid fears of US tariffs and a potential trade war as Trump takes office.
Analysis: Russia’s Arctic oil feels the chill from US sanctions
US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.
Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports
Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?
Column: LME puts 2022 nickel crisis behind it as trading booms
The LME has rebounded from its 2022 nickel crisis, with record trading volumes in 2024 driven by renewed investor interest.
Canadian companies are using social media to boost their ESG credibility, but investors aren’t buying it
Without backing up their claims, companies risk losing credibility in an environment where authenticity and accountability are paramount.
Illinois lawmakers give small boost to renewable developments, delay broader reform
Lawmakers pass a modest clean-energy bill addressing budget gaps, industry hurdles, and setting up future battery storage studies.
Senate Democrats urge Republican to delay hearing for Chris Wright
Democrats urge delay in confirmation hearing for Trump's energy nominee Chris Wright, citing missing ethics paperwork.
Colonial Pipeline shuts main gasoline artery after potential gasoline spill
Colonial Pipeline shuts main gasoline line after potential leak in Georgia; traders expect service to resume tonight.
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
U.S. oil production is poised to set a larger record this year than prior estimates, the EIA said in its Short-Term Energy Outlook...
US to ban smart cars containing Chinese tech
The restriction also bans the import of the hardware and software if they are linked to Beijing or Moscow.
Peru’s niche Bretaña crude oil gains popularity in US
The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.
Biden administration finalizes US crackdown on Chinese vehicles
Biden's administration is finalizing rules that will effectively bar nearly all Chinese cars and trucks from the U.S. market.
Albertans await decision on potential coal mine as public hearings wrap up
Protests mark final hearing on controversial Alberta coal mine, as decision nears on Northback Holdings' project.
One in 10 Canadians live in places susceptible to green transition disruption: report
One in 10 Canadians live in communities susceptible to workforce disruption from the transition to a greener economy.
Ottawa pauses EV rebates as federal program runs out of money
Ottawa has paused an incentive program that offered Canadians rebates of up to $5,000 when buying or leasing electric vehicles.
Canadian insured losses from 2024 weather events reach record C$8.5 billion
Canada's insured losses hit a record C$8.5B in 2024, driven by wildfires, hailstorms, and flooding, per IBC data.
Canadian companies are using social media to boost their ESG credibility, but investors aren’t buying it
Without backing up their claims, companies risk losing credibility in an environment where authenticity and accountability are paramount.
Amazon orders 200 Mercedes-Benz electric trucks
Amazon buys 202 electric Mercedes eActros trucks, marking a significant push towards reducing EU road transport emissions.
Volkswagen deliveries fall in 2024 as electric push slows
The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.
Sizewell C nuclear plant costs ‘could double to nearly £40bn’
Nuclear plants are becoming vital for electricity in Britain as the government aims to decarbonize the grid by 2030.
Six EU countries call for lowering of G7 price cap on Russian oil
EU nations urge lowering the $60 Russian oil cap to cut war funds, aiming for peace without market shock.
Central Europe’s banks can withstand car sector turmoil, S&P says
European automakers have announced plant closures and layoffs amid weak demand, high costs, and a slow EV transition.
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
China faces trade tensions with the U.S. as Trump, proposing tariffs on Chinese goods, returns to the White House.
China’s electric car sales grow in 2024, as sales of gasoline cars plunge
China's EV sales surged 40 per cent in 2024, while gas-powered car sales plunged 17 per cent, reshaping the world's largest auto market.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
Japan PM urges Biden to ease business worries over Nippon Steel's U.S. Steel bid amid continued maritime and economic security talks.
China says greenhouse gas emissions hit 13 billion tons in 2021
The last official estimate covered 2017 and measured total emissions at 11.55 billion tons.
Tajikistan bets on giant dam to solve electricity crisis
Amid chronic shortages, Tajikistan has revived a Soviet-era mega-project to build the world's highest dam.
JPMorgan upgrades YPF, expecting further growth for Argentine energy sector
In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.
Chile rejects environmental permit for Dominga copper and iron mine
Chile rejected an environmental permit for Andes Iron's controversial $2.5 billion Dominga iron and copper mining project on Wednesday.
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.
Argentina privatizes state metal firm in Milei era first
The company's shares will be transferred to the U.S.-based consortium Industrial Acquisition Fund, whose top partner is Arc Energy.
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.
Tanker hit by Yemen rebels that threatened Red Sea spill has been salvaged
The Sounion had been a disaster in waiting in the waterway, with 1 million barrels of crude oil aboard.
Saudi Aramco and Sonatrach cut LPG prices for January
LPG is used mainly as fuel for cars, heating and as a feedstock for other petrochemicals.
Sugarcane trash can produce energy – what South Africa’s small farmers need to make this happen
Bioenergy from sugarcane trash could transform South Africa’s energy mix, reduce emissions, and boost rural farmers’ livelihoods.
Saudi Arabia’s non-oil private sector keeps growing solidly in December, PMI shows
Saudi Arabia's non-oil private sector ended 2024 strong, highlighting progress under 'Vision 2030.'
Dry weather threatens Ivory Coast cocoa crop, farmers say
Last week, no rain fell in most of Ivory Coast's cocoa regions, raising concerns over bean quality and supply.
Climate Investment Funds secures $500 million debut bond for clean energy transition
CIF's $500M debut bond, aimed at funding low-carbon tech in emerging markets, is six times oversubscribed, signifying strong investor interest.
Risks from unregulated tanker fleet rising, UN shipping chief says
UN shipping chief warns shadow fleet poses rising risks to environment, seafarers amid sanctions on Russia, Iran, Venezuela.
Column: Copper’s early-year rally leaves investors unimpressed
Copper prices rise in January, yet market remains cautious amid fears of US tariffs and a potential trade war as Trump takes office.
Analysis: Russia’s Arctic oil feels the chill from US sanctions
US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.
G20 financial stability watchdog urges broader adoption of climate transition plans
G20's FSB urges standardization of climate transition plans to assess banking risks, as global discrepancies persist.