Thursday, 6 March 2025

Europe

FILE PHOTO: Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessEconomyNewsOilTrade

BP third quarter profit slumps to $2.3 billion as oil demand sags

The 30 per cent drop in profits from a year earlier comes amid a slowdown in global economy activity and oil demand, particularly...

AgricultureAnalysisBiodiversityElectricityEmissionsSolar

How farmers can install solar panels in fields without damaging the rest of their operation

Combining solar energy with agriculture offers a dual solution to cut carbon emissions and boost food production sustainably.

The consultation will run until November 26 (PA)
BusinessElectricityFuelNewsPolitics

Views sought on reforms to Scotland’s energy infrastructure planning

A consultation on proposed changes has been launched to make the system for considering large energy projects in Scotland more efficient.

Daniela Cavallo, Chairwoman of the General and Group Works Council of Volkswagen AG, speaks to employees announcing job cuts and closure of a few Volkswagen factories, at the company's headquarters in Wolfsburg, Germany, October 28, 2024. REUTERS/Axel Schmidt
AutomotiveBusinessManufacturingNewsPolitics

Volkswagen labour chief sounds alarm on mass layoffs, three German plant closures

Volkswagen to close three German factories and lay off thousands, increasing pressure on the government amid economic woes.

FILE PHOTO: Smoke billows from a chimney at a combined-cycle gas turbine power plant while coinciding the COP28 is being held in Dubai, in Drogenbos, Belgium December 6, 2023. REUTERS/Yves Herman/File Photo
BusinessClimate FinanceEmissionsNatural GasNewsOil

Norway’s wealth fund falls short on climate ambitions, NGO says

Norway’s $1.8T wealth fund missed climate goals, backing only 4 of 21 key shareholder proposals on emissions targets in 2024.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China again warns EU against separate talks with EV makers

China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.

From left, Steve Harper, executive director of international business and skills at Invest NI; Sharon Cousins, client manager, Invest NI; Chris Doherty, managing director of Joulen; Economy Minister Conor Murphy; and Hans Jorg Holzenbein, chief executive and co-founder of SonneNext (Handout/PA)
BusinessElectricityEmissionsNewsSolar

Belfast-based energy services firm secures £4m contract in Germany

Joulen wins £4M German deal with SonneNext, expanding its AI platform, Paris, and creating 13 jobs in Northern Ireland.

Campaigners at Oxfam Scotland are urging First Minister John Swinney to have talks with the UK Govenrment so Scotland can introduce a new tax on ‘planet wrecking private jets’. (Nicholas T Ansell/PA)
AviationClimateEmissionsEnvironmentNewsPolitics

Scotland must act to tax ‘planet-wrecking private jets’, campaigners urge

Scotland urged to tax private jets, with Oxfam claiming their "reckless pollution" fuels climate crisis and extreme inequality.

FILE PHOTO: A Volkswagen logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourManufacturingNewsTrade

Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report

Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...

AnalysisContracts for DifferenceEconomyElectricityEmissions MarketsHydrogen

Is the UK’s hydrogen infrastructure prepared for a CfD-powered future?

The U.K.’s green hydrogen CfDs faces cost, demand, and market challenges. An OIES paper says government support and innovation are essential.

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