Wednesday, 5 March 2025

Europe

FILE PHOTO: Oak trunks cut for the Chinese market are seen at the Margaritelli Fontaines sawmill in Burgundy, France, April 10, 2018. Picture taken April 10, 2018. REUTERS/Charles Platiau/File Photo
BiodiversityBusinessClimateEconomyEmissionsEnvironmentIndigenousIndustryInfrastructureNewsPoliticsRegulationsResiliencyTradeWeather

EU proposes 12 month delay for deforestation regulation

The EU plans to delay its deforestation-linked import ban by one year, facing opposition from industries and member states.

FILE PHOTO: The fully electric VW ID Buzz, is pictured on a production line at a Volkswagen Commercial Vehicle plant in Hanover, Germany, June 16, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveElectric Vehicles (EVs)News

Germany rejects Italy’s proposal of early review for EU combustion engine ban

Germany rejects Italy's call for an early review of the EU's combustion engine ban.

Little Prespa Lake, on the Albanian-Greek border, has been receding at a rate that alarms experts and locals (AFP)
BiodiversityClimateEnvironmentResiliency

Shrinking lake on Albanian-Greek border struggles to survive

As waters recede at Little Prespa Lake, its transformation into marshland highlights a dire ecological crisis in the region.

FILE PHOTO: Cars are seen parked at the port in Bayonne, New Jersey, U.S., August 21, 2021. REUTERS/Andrew Kelly/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Labour

European automakers most at risk from US dockworkers strike, analysts say

European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.

FILE PHOTO: Visitors stand at the booth of Volkswagen's truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Volkswagen’s electric truck unit Traton plans to increase profitability by 2029

Volkswagen's Traton aims to boost electric truck sales, grow revenue by 20-40 per cent, and repay debt over the next five years.

FILE PHOTO: A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
AutomotiveElectricityEmissionsManufacturingNatural GasNewsSolarWind

Ferrari shuts down gas-fueled plant to double solar production

Ferrari shuts down methane-fueled plant to double solar power and cut CO2 emissions by 60%.

Workers stand in the turbine hall of Uniper's Ratcliffe-on-Soar power station the day after it was taken offline, in Ratcliffe-on-Soar, Britain, October 1, 2024. REUTERS/Phil Noble
BusinessCoalEmissionsLabourNews

UK’s coal plant closure a milestone towards climate goals, Uniper CEO says

The closure of Britain's last coal plant is a major milestone on the path for the country to meet its climate targets: Uniper...

FILE PHOTO: A trader walks next to Siemens Energy AG logos during Siemens Energy's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 28, 2020. REUTERS/Ralph Orlowski/File Photo
BusinessCourtsInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsPoliticsRegulations

Siemens Energy agrees to settlement with US in case over gas turbine contracts

Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.

A conceptual depiction of smoke emitting from multiple factory chimneys.
Carbon ManagementClimateElectricityNatural GasNewsSolarWind

Scottish government urged to reject plans for new gas-fired power station

Activists urge Scotland to reject a new gas power station in Peterhead, calling it 'climate-wrecking' and unnecessary.

UAE state energy giant ADNOC will buy German chemicals firm Covestro for 12 billion euros ($13.3 billion) (AFP)
BusinessChemicalsEconomyIndustryInfrastructureNewsOilPolitics

UAE oil giant ADNOC swoops on German chemicals firm Covestro

Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.

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