Thursday, 27 February 2025

International

AnalysisCarbon ManagementClimateElectric Vehicles (EVs)ElectricityEmissionsHydrogenReportsSolarStorageWind

Stuck in the slow lane: McKinsey warns pace of clean tech deployment risks missing 2050 net-zero targets

Despite some progress in renewable energy like solar and wind, there remains a significant gap in deploying newer, crucial technologies such as carbon...

FILE PHOTO: A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/FIle Photo
BusinessNewsOil

OPEC+ agrees to delay October output hike for two months, sources say

LONDON/MOSCOW – OPEC+ has agreed to delay a planned October oil output increase for October and November after crude prices hit their lowest...

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementEmissionsNews

Shell, Eni lead funding round for carbon tech firm Mantel Capture

Oil giants join early stage funding round for Mantel carbon capture technology, which uses molten salts to cut emissions.

AnalysisEnvironmentReportsResiliency

The world is pumping out 57 million tons of plastic pollution a year: study

The Global South produces most of the 57 million tons of plastic pollution each year, affecting oceans, mountains, and health, a new study...

FILE PHOTO: FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo/File Photo
BusinessFuelNewsOil

Citi says oil prices could average $60/bbl in 2025 without cuts

If OPEC+ doesn't reduce production further, say analysts, oil prices could drop to $60 a barrel in 2025.

FILE PHOTO: The logo for Google is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
Critical MineralsEmissionsNews

Global data center industry to emit 2.5 billion tons of CO2 through 2030: Morgan Stanley

Data center growth will add 2.5 billion metric tons of CO2 emissions by 2030, spurring investments in decarbonization solutions.

FILE PHOTO: The BYD Shark is displayed on the day Chinese EV maker BYD launches its new truck, on the Mexican market in an event in Mexico City, Mexico May 14, 2024. REUTERS/Henry Romero/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPolitics

Chinese electric carmaker BYD denies pause on Mexico plant plans

BYD denied a Bloomberg report claiming it delayed plans for a Mexico factory, stating no decision has been postponed.

Model of petrol pump is seen in front of decreasing stock graph in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessFinanceNewsOil

AI likely to weigh on oil prices over the next decade: Goldman Sachs

Goldman Sachs warns AI could lower oil prices by reducing costs and boosting supply, outweighing modest demand increases.

Pope Francis gestures as he arrives to hold the weekly general audience, at the Vatican, August 28, 2024. REUTERS/Ciro De Luca/File Photo
ClimateEmissionsNews

Pope Francis says Earth is ‘sick’ in new climate change warning

Pope Francis urges global climate action, citing Earth's "fever" and the plight of the poor, ahead of his Southeast Asia tour.

An aerial view of the 200-foot-tall (60-meter-tall) front of the Getz Ice Shelf with cracks, in Antarctica, in this 2016 handout image. NASA/Handout via REUTERS
ClimateEnvironmentResiliencyWeather

Rocket scientists build robot probes to gauge melting beneath Antarctica ice shelf

Engineers are developing underwater robots to study how fast Antarctic ice is melting, aiming to better predict sea level rise.

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