Tuesday, 25 February 2025

International

FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020.  REUTERS/Leonhard Foeger/File Photo
BusinessNewsOilTrade

OPEC switches to ‘call on OPEC+’ in global oil demand outlook, sources say

From this month, OPEC will reportedly only give estimate of demand for crude from the wider OPEC+ group as it is 'more relevant'.

FILE PHOTO: The sun sets next to a smokestack from a coal-burning power station in Beijing January 9, 2008.  REUTERS/David Gray
BusinessClimateEmissions MarketsNewsPoliticsVoluntary Carbon Markets (VCMs)

Corporate climate watchdog document deems carbon offsets largely ineffective

UN-backed non-profit's findings in draft document show that carbon credit schemes fail to deliver benefits and exaggerate their effectiveness.

AnalysisCoalElectric Vehicles (EVs)ElectricityEmissionsHydrogenHydropowerSolarWind

Ember: Electricity from clean sources reaches 30% of global total

For the first time, 30% of electricity produced worldwide was from clean energy sources as the number of solar and wind farms continued...

FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

GM to end production of Chevrolet Malibu as it shifts to EVs

General Motors says it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles.

FILE - Solar panels work near the small town of Milagro, Navarra Province, northern Spain, Feb. 24, 2023. Billions of people are using different kinds of energy each day and 2023 was a record-breaking year for renewable energy sources, according to a report published Wednesday, May 8, 2024, by Ember, a think tank based in London. (AP Photo/Alvaro Barrientos, File)
AnalysisElectricityIn-DepthNewsSolarWind

More and faster: Electricity from clean sources reaches 30% of global total

2023 was a record-breaking year for renewable energy sources, according to a report published Wednesday, May 8

International Atomic Energy Agency (IAEA) Director General Rafael Grossi meets with the Head of Iran's Atomic Energy Organization Mohammad Eslami (not pictured) in Isfahan, Iran, May 7, 2024. Iran's Atomic Energy Organization/WANA (West Asia News Agency)/Handout via REUTERS
NewsNuclear PowerPoliticsUnited Nations

IAEA’s Grossi seeks deal with Iran on nuclear steps ‘soon’

Iran and the U.N. nuclear watchdog will continue talks aimed at ending an impasse on many issues between them and should strike a...

FILE - A man wades through an area flooded by heavy rains, in Porto Alegre, Rio Grande do Sul state, Brazil, May 3, 2024. In a world growing increasingly accustomed to wild weather swings, the last few days and weeks have seemingly taken those environmental extremes to a new level. (AP Photo/Carlos Macedo, File)
AnalysisClimateIn-DepthWeather

From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere

Some climate scientists say they are hard pressed to remember when so much of the world has had its weather on overdrive at...

The UK Centre for Ecology & Hydrology (UKCEH) is working with partners across the world to pioneer the use of automated biodiversity monitoring stations. (UKCEH)
BiodiversityNewsPolitics

AI can ‘transform understanding of biodiversity threats,’ scientists say

The UK Centre for Ecology & Hydrology (UKCEH) said it is working with partners across the world to see how artificial intelligence can...

FILE PHOTO: A view shows a stand of Russian state nuclear agency Rosatom at an exposition of the international military-technical forum Army-2023 at Patriot Congress and Exhibition Centre in the Moscow region, Russia, August 18, 2023. REUTERS/Stringer/File Photo
EconomyNewsNuclear PowerPoliticsTrade

Republicans urge Biden to prevent French work with Russian nuclear power company

Two influential Republican U.S. lawmakers have urged President Joe Biden to prevent a French company from working on civil nuclear power projects with...

FILE PHOTO: A Marathon Oil well site is seen, as oil and gas activity dips in the Eagle Ford Shale oil field due to the coronavirus disease (COVID-19) pandemic and the drop in demand for oil globally, in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller//File Photo
BusinessEconomyFinanceNewsOilPolitics

Oil prices edge up after Israel strikes Gaza, truce talks continue

Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution.

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