Friday, 17 January 2025

International

FILE PHOTO: A coat of arms is seen on one of the original Bank of Montreal (BMO) buildings in Toronto, Ontario, Canada June 1, 2021.  REUTERS/Chris Helgren/File Photo
ClimateFinanceNewsPolitics

BMO becomes first Canadian bank to withdraw from Net-Zero Banking Alliance

BMO becomes the first Canadian bank to exit the NZBA, following similar moves by major U.S. lenders under political pressure.

FILE PHOTO: The new logo of SLB is seen in this undated handout image obtained by Reuters on October 19, 2022. SLB/Handout via REUTERS/File Photo
BusinessNewsOil

SLB says its Russia business aligns with new US sanctions as revenue drops

SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.

FILE PHOTO: A view of the plant of German carmaker Volkswagen in Osnabrueck, Germany October 7, 2024. REUTERS/Thilo Schmuelgen/File Photo
BusinessElectric Vehicles (EVs)News

Volkswagen looking to deepen partnership with Rivian, Spiegel reports

"For example, we are thinking about sharing modules and bundling purchasing volumes," VW CEO Oliver Blume said.

A record rise in carbon dioxide levels in the atmosphere in 2024 was driven in part by a weakening of Earth's nature carbon stores like forests (GETTY IMAGES NORTH AMERICA)
ClimateEmissionsNews

2024 saw fastest-ever annual rise in CO2 levels: UK weather service

Atmospheric CO2 surged at record rates in 2024, driven by fossil fuels, wildfires, and weakening carbon sinks, says Met Office.

FILE PHOTO: A virtual operations center of Chile's state-owned Codelco, the world's largest copper producer, is seen during its inauguration in Santiago, Chile, December 1, 2021. REUTERS/Fabian Cambero/File Photo
BusinessCritical MineralsNews

Codelco, Saudi in talks on copper investment, 2025 output seen up

Codelco eyes joint investments with Saudi Arabia in copper, aligning with Riyadh's push into EV and battery manufacturing.

Max Wilkinson’s said his Bill would have brought down energy bill costs (PA/Andrew Matthews)
LegislationNewsSolar

UK govt rejects ‘Sunshine Bill’ plan for solar panels on new homes

The UK government declined backing for the "Sunshine Bill," aiming to mandate solar panels on new homes, citing housing supply concerns.

FILE PHOTO: Wind turbines and an electrical power line are shown in Palm Springs, California, U.S., October 12, 2024. REUTERS/Mike Blake/File Photo
BusinessClimate FinanceElectricityInfrastructureNewsNuclear PowerPoliticsSolarStorageTransmissionUtilitiesWind

US announces nearly $23 billion in loans to energy utilities across 12 states

The financing will come through the energy infrastructure reinvestment program at the department's Loan Programs Office.

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

BP cuts over 5% of workforce to reduce costs

BP told staff that 3,000 contractor positions will also be cut.

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo
AnalysisOilOpinionTrade

Column: China response key to crude oil after new sanctions on Russia

China may cut crude imports and tap inventories as U.S. sanctions on Russian oil disrupt supply, pressuring global prices.

FILE PHOTO: A model of a pump jack is seen in front of the displayed word "Sanctions",  U.S. and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
NewsPoliticsTrade

US issues fresh round of sanctions against Russia ahead of Trump return to White House

The U.S. imposed new sanctions on nearly 100 Russian entities amid ongoing efforts to tighten pressure on Moscow over Ukraine.

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