Sunday, 20 April 2025

International

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)MiningNewsTrade

Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say

Lithium prices to stabilize by 2025 as closures and China EV demand absorb oversupply, but reopened mines may cap gains.

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Oil hits more than 3-month high as US sanctions hit Russia exports

By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S....

American Airlines planes are seen at gates at LaGuardia Airport ahead of the Thanksgiving holiday, in New York City, U.S., November 21, 2023.  REUTERS/Shannon Stapleton/File Photo
AviationBusinessClimateEmissionsNewsReportsSustainable Aviation Fuel

Projected air travel growth runs counter to climate goals, study says

The airline industry, which accounts for about 2.5 per cent of global carbon emissions, has vowed to use more sustainable aviation fuel.

FILE PHOTO: The Druzhba oil pipeline between Hungary and Russia is pictured at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo//File Photo
BusinessElectionsFuelNatural GasNewsOilTrade

Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia

Hungary will talk with allies to address higher oil prices due to new US sanctions on Russia's energy sector.

Ligovsky Prospect, Tutunciftlik, Izmit, Turkey, December 15, 2019. REUTERS/Yoruk Isik
BusinessEconomyNewsOilPoliticsTrade

Tougher U.S. sanctions to curb Russian oil supply to China and India

US sanctions on Russian oil force China and India to seek Middle Eastern, African supplies, spiking prices and freight costs.

AnalysisAviationBusinessEmissionsEnvironmentRegulationsSustainable Aviation Fuel

Five ways to make aviation more sustainable right now

Aviation, though only 2.5 per cent of emissions, demands urgent sustainable steps to curb growth and meet net-zero goals.

As of Thursday, UK gas inventory was down 26 percent compared with one year earlier, leaving storage sites around half full, Centrica said (AFP)
FuelInfrastructureNatural GasNewsUtilities

UK gas reserves ‘concerningly low’: Biggest supplier

The government is "confident" the country "will have a sufficient gas supply and electricity capacity to meet demand this winter."

FILE PHOTO: A firefighter battles the fire in the Angeles National Forest near Mt. Wilson as the wildfires burn in the Los Angeles area, during the Eaton Fire in Altadena, California, U.S. January 9, 2025. REUTERS/Ringo Chiu/File Photo
AnalysisBusinessClimateEconomyEmissionsEnvironmentPolitics

Analysis: Politics, not climate, to drive sustainable finance trends in 2025

Turbulent sustainable finance looms in 2025 as Trump's return fuels US–Europe regulatory split amid slow climate action.

FILE PHOTO: A tourist uses a fountain to cool off amid a heatwave, in Sarajevo, Bosnia and Herzegovina, August 13, 2024. REUTERS/Amel Emric/File Photo
ClimateEnvironmentNews

WMO confirms 2024 was hottest year on record

"We saw extraordinary land and sea surface temperatures, extraordinary ocean heat, accompanied by very extreme weather."

FILE PHOTO: Brenna Peake, 25-year old volunteer from Asheville, reacts to what she said was exhaustion as she helps clean up businesses and other properties in the aftermath of Hurricane Helene, in Marshall, North Carolina, U.S. October 10, 2024. REUTERS/Jonathan Drake/ File Photo
News

Climate change shows ‘claws’ with rising costs for disasters, Munich Re says

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024.

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