Monday, 10 March 2025

Europe

FILE PHOTO: A man walks past a logo of Stellantis outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

Stellantis’ former head of Ram returns to run the brand

Tim Kuniskis returns as Ram CEO to boost Stellantis amid falling sales and profits after Carlos Tavares' unexpected resignation.

Volkswagen and unions have been locked in bitter talks since the company said in September it was considering closing factories in Germany for the first time in its history (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourNews

German VW workers kick off second round of strikes

Volkswagen workers strike for 4 hours, opposing plans to close 3 German plants. Talks with unions stall as savings proposals clash.

A fallen tree in Swainshill, Herefordshire, after Storm Darragh hit the UK and Ireland (Jacob King/PA)
ClimateEnvironmentNewsWeather

Train lines closed as Storm Darragh travel disruption lingers

The UK's fourth storm of the season left tens of thousands of people without power.

FILE PHOTO: The logo of Stellantis is seen outside a company building in Chartres-de-Bretagne near Rennes, France, March 11, 2024. REUTERS/Stephane Mahe/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

Stellantis to rejoin ACEA auto manufacturers association, signaling potential shift in electrification plans

Stellantis plans to rejoin auto lobby ACEA, signaling a potential shift in electrification strategy after former CEO Tavares' exit.

Many of Britain’s wind farms are funded through the Contracts for Difference scheme (Ben Birchall/PA)
Contracts for DifferenceElectricityNewsOffshore WindSolarWind

Fact check: Many UK wind power auctions set prices below the current market price

There is an auction every year to allow generators of renewable energy to bid for contracts under the British scheme.

FILE PHOTO: A view shows the building of Norway’s central bank (Norges Bank) in Oslo, Norway, June 23, 2022.  REUTERS/Victoria Klesty/File Photo
BusinessFuelNatural GasNewsOil

Norway wealth fund hits record 20 trillion crowns

Norway's fund owns about 1.5% of all listed stocks globally.

FILE PHOTO: The Varo refinery is seen in Cressier, Switzerland, May 4, 2023. REUTERS/Denis Balibouse/File Photo
BiofuelsBusinessFuelNews

Varo Energy in talks to buy Preem’s Swedish refineries, sources say

Varo already has stakes in refineries in Germany and Switzerland and is expanding in sustainable fuel and trading.

A person takes shelter under an umbrella as they cross the Sean O’Casey Bridge in Dublin’s city centre (Brian Lawless/PA)
ClimateElectricityNewsUtilitiesWeather

Thousands without power and trains cancelled as Storm Darragh hits Britain

Gusts of up to 92mph have been recorded overnight in Capel Curig in North Wales.

FILE PHOTO: Snow covers the roofs of the so-called "Alter Flecken" (old spot), the historic core of Freudenberg with its half-timbered houses from the 17th century in the heart of the federal state of North Rhine-Westphalia near the city of Siegen, Germany,  January 19, 2024.   REUTERS/Wolfgang Rattay/File Photo
ChemicalsElectricityFuelIndustryLiquefied Natural GasManufacturingNatural GasNews

Analysis: Gas price shock set to add to Europe’s industrial pain

EU gas demand is 17% below the five-year average observed during pre-pandemic years — but it is still vulnerable to price shocks.

EDF announced that four of Britain’s five nuclear power stations will stay open longer than previously planned (PA)
EconomyElectricityNewsNuclear PowerPoliticsRegulationsSmall Modular Reactors

Ed Miliband: My door is open for nuclear projects in UK

Ed Miliband says his “door is open” for new nuclear projects and that the government will work with the industry to push through...

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