Tuesday, 25 February 2025

Europe

A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. Picture taken November 19, 2015. REUTERS/Alessandro Garofalo/ File photo
BusinessNewsOil

Italy’s Saipem says first-quarter core earnings jump 40%

Italian energy contractor Saipem says its first-quarter adjusted core earnings rose 40% on the same period of last year, driven by growth at...

FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
BusinessCritical MineralsEconomyFinanceMineralsNews

European firms and banks urged to boost investment in critical minerals

EU has launched an ambitious plan to accelerate production of critical minerals needed for EVs – but "no equity is being invested".

FILE PHOTO: Climate change protesters hold signs outside Westminster Magistrates' Court, on the day of Greta Thunberg's trial in London, Britain, February 1, 2024. REUTERS/Isabel Infantes/File Photo
ClimateCourtsNews

Judge dismisses case against activist who held sign outside trial

Retired social worker told jurors they had a right "to acquit… according to your conscience", but climate activist spared punishment as judge rules...

FILE PHOTO: Equinor's logo is seen next to the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
BusinessClimateNewsOil

Investors push Equinor to align strategy with global climate goal

Norwegian oil company majority-owned by government under fire after minority investors push for spending in line with Paris Agreement.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little//File Photo
ElectricityNewsWind

Denmark launches its biggest offshore wind power tender

Six wind power sites could reach capacity of 10GW if competing companies erect enough turbines, says Danish ministry.

In a year of contrasting extremes, Europe witnessed scorching heatwaves but also catastrophic flooding, withering droughts, violent storms and its largest wildfire (AFP)
NewsWeather

Europe suffered record number of ‘extreme heat stress’ days in 2023

Heat singled out by climate monitors as the biggest climate-related threat as global warming drives ever-hotter European summers.

FILE PHOTO: Sweden's Foreign Minister Tobias Billstrom speaks to the media as he attends a NATO foreign ministers meeting at the Alliance's headquarters in Brussels, Belgium November 28, 2023. REUTERS/Yves Herman/File Photo
Liquefied Natural GasNewsOilPolitics

Next sanctions must target shadow Russian oil fleet, Sweden says

Minister Tobias Billström calls for import ban on LNG and crackdown on shadow fleet transporting Russian oil.

FILE PHOTO: The logo of Russia's mining company Norilsk Nickel (Nornickel) is seen during the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov/File Photo
BusinessCritical MineralsEmissionsMiningNews

Russia’s Nornickel to move copper plant to China, says CEO

Mining giant will build new copper production facility abroad after Russian sanctions hamper supply of crucial parts.

FILE PHOTO: Swiss Federal Councillor Albert Roesti reacts during a state visit in Bern, Switzerland, November 15, 2023. REUTERS/Denis Balibouse/File photo
ClimateEnvironmentNewsPolitics

Swiss environment minister plays down impact of climate ruling

A European Court of Human Rights ruled last week that Switzerland has failed to protect its people from climate change

FILE PHOTO: Newly appointed Polish Finance Minister Andrzej Domanski attends the cabinet swearing-in ceremony at the Presidential Palace in Warsaw, Poland December 13, 2023. REUTERS/Aleksandra Szmigiel/File photo
BusinessEmissionsFinanceNewsPolitics

Poland to get $266m for Clean Air program, says finance minister

The Clean Air programme is Poland’s subsidy scheme supporting the replacement of obsolete heat sources and insulation of single-family houses

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