Politics
Syria turns to intermediaries for oil imports after low interest in tenders, sources say
Syria's civil war decimated the country's energy industry and the new government faces an uphill battle to restore energy security.
Syria turns to intermediaries for oil imports after low interest in tenders, sources say
Syria's civil war decimated the country's energy industry and the new government faces an uphill battle to restore energy security.
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away...
Argentina lifts tariffs on low-cost EVs and hybrids, cuts some auto taxes
BUENOS AIRES (Reuters) – Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced...
Newfoundland and Labrador appoints team to broker final energy deal with Quebec
ST. JOHN’S, N.L. — Newfoundland and Labrador’s government has appointed a team for the next round of negotiations with Hydro-Québec, as the provinces’...
Trudeau, Polish PM sign nuclear energy cooperation agreement
The two leaders also signed the Canada-Poland Nuclear Energy Co-operation Agreement on Tuesday.
China built out record amount of wind and solar power in 2024
China raced ahead building renewable energy last year, installing more wind and solar power than ever before and continuing to leave all other...
Trump’s copper, aluminium tariffs may raise costs for U.S. consumers
MELBOURNE/LONDON (Reuters) – President Donald Trump’s threat to impose tariffs on U.S. copper and aluminium imports will result in higher costs for local...
EU open to US energy, arm sales talks to stave off tariffs
By Marta Fiorin and Cecile Mantovani DAVOS, Switzerland (Reuters) – The European Union is open to discussing purchases of energy and arms from...
Most Scots want more North Sea oil and gas to meet energy needs, poll finds
More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has...
Trump says US will guarantee LNG supplies for Europe
Trump says US would guarantee supplies of LNG to Europe, even amid worries that the booming export industry could boost prices of gas...
Trump casts chill over US wind energy sector
Trump has long ranted against wind energy with him threatening to upend decades of industry progress just a few hours after resuming power.
OPEC+ likely to stick to oil output hike plan, sources say
By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+ agreed to stick to its policy of gradually raising oil output...
BMW joins Chinese EV makers in filing EU court challenge to tariffs
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union against EU tariffs on China-made...
India says sanctioned Russian oil tankers can discharge before Feb 27
By Nidhi Verma NEW DELHI (Reuters) – The United States has clarified to India that tankers loaded with Russian oil have to discharge...
Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal
By Valerie Volcovici WASHINGTON (Reuters) -Former New York Mayor Michael Bloomberg’s philanthropy arm said on Thursday it will provide funding to help cover...
Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says
By Nidhi Verma NEW DELHI (Reuters) – Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers,...
Global green energy push likely to continue despite Trump climate retreat: UN
Donald Trump’s decision to withdraw the United States from the Paris climate agreement should not slow the global momentum towards renewable energy investments...
US metal buyers likely to turn to Mideast, Chile as tariffs bite
By Melanie Burton MELBOURNE (Reuters) -U.S. companies will look to the Middle East and India for more aluminium and to Chile and Peru...
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away...
Japan weighs Alaska LNG pipeline pledge to win Trump’s favour
By Tim Kelly, Yukiko Toyoda, John Geddie TOKYO (Reuters) -Japan is considering offering support for a $44 billion gas pipeline in Alaska as...
Oil prices rise amid US tariff threat but still set for weekly loss
Trump has threatened to impose a 25% tariff as early as Saturday on Canadian and Mexican exports to the United States.
US to withdraw from climate deal on Jan. 27, 2026, says UN
UNITED NATIONS (Reuters) – The United States will withdraw from the Paris climate agreement on Jan. 27, 2026, the United Nations said on...
Newfoundland and Labrador appoints team to broker final energy deal with Quebec
ST. JOHN’S, N.L. — Newfoundland and Labrador’s government has appointed a team for the next round of negotiations with Hydro-Québec, as the provinces’...
Trudeau, Polish PM sign nuclear energy cooperation agreement
The two leaders also signed the Canada-Poland Nuclear Energy Co-operation Agreement on Tuesday.
Fishers worried by N.S. premier’s musings over lifting oil-exploration moratorium
HALIFAX — Nova Scotia seafood industry representatives voiced concerned Thursday over comments from the premier that he’s open to ending a moratorium on...
B.C. First Nations leader reverses stance on pipeline as Trump tariff threat looms
VANCOUVER — The president of the Union of BC Indian Chiefs is reversing his previous opposition to the scrapped Northern Gateway pipeline project...
Smith says taxpayers must be protected from lawsuits as Alberta lifts coal moratorium
EDMONTON — Alberta Premier Danielle Smith says the province had taxpayers in mind when it decided to lift a ban on new coal...
Tesla loses market share in Sweden, Norway as Musk looms large
OSLO (Reuters) – Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as the U.S. electric...
Britain submits plans to hit emissions-cutting target
Starmer raised Britain's climate targets at COP29, pledging to cut greenhouse gas emissions by 81% by 2035.
Scottish court rules against two new North Sea oil and gas fields
Environmental campaigners called the court's decision a "historic win".
Troubled European carmakers to talk fines and EVs with EU
The carmakers will converge on Brussels for talks this week as the EU seeks to chart a way forward for the embattled industry.
Environmental assessment system to be replaced amid development drive: UK’s Reeves
Environmental assessments for building homes and infrastructure will be replaced with a new system as the government seeks to cut red tape.
China Evergrande’s EV unit says struggling to attract investors amid liquidity crisis
(Reuters) – China Evergrande New Energy Vehicle said on Monday it is struggling to attract strategic investors amid a severe liquidity crisis, which...
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
LGES plans to cut capital expenditure by up to 30% this year on slowing EV demand growth, after posting a quarterly loss for...
EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric...
Thai cabinet approves collection of carbon tax
BANGKOK (Reuters) – Thailand’s cabinet on Tuesday agreed to levy a carbon tax of 200 baht ($5.88) per ton of carbon emissions, a...
China’s crude oil imports from top supplier Russia reach new high in 2024
Volumes from Russia — including pipeline and seaborne supplies — amounted to 2.17 million barrels per day.
Argentina lifts tariffs on low-cost EVs and hybrids, cuts some auto taxes
BUENOS AIRES (Reuters) – Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced...
Copper giant Peru sees economy expand for eighth straight month
Peru's GDP grew 3.93% in November 2023, marking eight months of expansion, driven by strong agriculture and fishing sectors.
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.
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered...
Syria turns to intermediaries for oil imports after low interest in tenders, sources say
Syria's civil war decimated the country's energy industry and the new government faces an uphill battle to restore energy security.
Lesotho’s king pitches green energy to Davos elites
King Letsie III of Lesotho urges global leaders in Davos to invest in his nation's green transition.
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.
Iran’s Revolutionary Guards extend control over Tehran’s oil exports, sources say
Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports of Iranian oil.
B.C. First Nations leader reverses stance on pipeline as Trump tariff threat looms
VANCOUVER — The president of the Union of BC Indian Chiefs is reversing his previous opposition to the scrapped Northern Gateway pipeline project...
Smith says taxpayers must be protected from lawsuits as Alberta lifts coal moratorium
EDMONTON — Alberta Premier Danielle Smith says the province had taxpayers in mind when it decided to lift a ban on new coal...
Cutting energy to U.S. in response to Trump tariffs is ‘absurd,’ says Bloc Québécois leader
OTTAWA — The leader of the Bloc Québécois says Canada is playing with fire by suggesting it could cut oil or electricity exports...
Trump’s anti-wind policy hits European companies
European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in...
Portugal to import more US, Nigerian LNG, aims to end Russian supply
LISBON (Reuters) – Portugal plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to...
Parts of tundra releasing more carbon than they absorb: study
Parts of the Arctic tundra are now releasing more planet-warming gases than they absorb, an international study published Tuesday suggests, upending a millennia-old...
Exclusive: Aramco chief tells Davos he expects additional oil demand of 1.3 million bpd this year
By Marwa Rashad DAVOS, Switzerland (Reuters) -Saudi oil giant Aramco’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as...
Canada’s Liberal leadership hopefuls distance themselves from carbon pricing
OTTAWA — The three frontrunners in the Liberal leadership race have all backed away — to one degree or another — from the...
Volkswagen looks forward to working with U.S. gov’t amid tariff concerns, spokesperson says
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen on Tuesday warned against the “harmful economic impact” of tariffs that U.S. President Donald...
EV sales slip in Europe in 2024 in overall stable car market
Sales of electric cars slid last year in Europe in an otherwise stable market, data from carmakers showed Tuesday. A total of 1.99...