Europe
Scania tries to breathe life into troubled EV battery maker Northvolt
Four Northvolt workers told Reuters they had seen Scania employees inside the factory in recent months.
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.
EVs becoming ‘normalised’ as almost half of UK consumers know an owner – survey
Some 49% of 4,000 people surveyed in Britain either own an EV or know someone who does, according to new research.
Norway’s wealth fund sticks to investments in renewables despite market setbacks
The fund sees offshore wind as still the best strategic target, as it is Europe-based and offers a large series of partners.
Scottish court rules against two new North Sea oil and gas fields
Environmental campaigners called the court's decision a "historic win".
Shell annual profit drops to $16 bn as oil prices fall
In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.
Renault, Volvo electric van unit wins new orders
PARIS (Reuters) – Flexis, a joint venture between automaker Renault and truck maker Volvo Group as well as shipper CMA CGM, said on...
Red tape and rare earths: EU ‘compass’ charts economic future
Promising a “simplification shock”, the EU will unveil a much-anticipated blueprint to revamp Europe’s economic model on Wednesday, as the bloc struggles to...
Northvolt asks shareholders for $1.3 billion for next two years, sources say
By Marie Mannes, Christina Amann and Emma-Victoria Farr STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide...
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.
