Sunday, 11 May 2025

USA

FILE PHOTO: A Lucid Motors facility is pictured in Costa Mesa, California, U.S.,November 1, 2023. REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand

Lucid tops Q4 delivery estimates, raises production, fueling a six per cent share jump for the Saudi-backed luxury EV maker.

FILE PHOTO: U.S. President-elect Donald Trump attends Turning Point USA's AmericaFest in Phoenix, Arizona, U.S., December 22, 2024.  REUTERS/Cheney Orr/File Photo
BusinessCritical MineralsNewsSolarTrade

Trump denies report that his team is eyeing pared-back tariffs

Energy production, including batteries, rare earth minerals, and solar panels, will make up one of several focus sectors.

FILE PHOTO: An aerial view of the Deer Park Manufacturing Complex is seen in Deer Park, Texas, U.S. August 31, 2017. REUTERS/Adrees Latif/File Photo
BusinessIndustryInfrastructureNatural GasNewsOilRegulationsTransmission

Bodies recovered after deadly Texas refinery incident, says Pemex CEO

Bodies of victims of the chemical leak at Deer Park refinery have been recovered and an investigation into the incident launched.

FILE PHOTO: Vehicles drive through the snow as it covers streets in Louisville, Kentucky, U.S., January 5, 2025, in this screen grab obtained from a social media video. Richard Stottman/@cyntrix/via REUTERS
ClimateElectricityEnvironmentNewsWeather

Over 335,000 US customers without power after winter storm

Cold weather across some regions is expected to increase electrical demand and could reduce reserves.

Jake Sullivan, National Security Advisor of the United States, speaks at an event at the Indian Institute of Technology in New Delhi, India, January 6, 2025. REUTERS/Anushree Fadnavis
ElectricityLegislationNewsNuclear Power

US taking steps to clear hurdles for civil nuclear partnership with Indian firms

Washington and New Delhi have discussed U.S. nuclear reactor supply to energy-hungry India since the mid-2000s.

FILE PHOTO: Activists protest against fossil investments before the annual general meeting of the Swiss National Bank (SNB) in Bern, Switzerland, April 26, 2024. REUTERS/Denis Balibouse/File Photo
AnalysisBusinessClimateEconomyEmissionsEnvironmentPoliticsRegulations

Analysis: Exodus by Wall Street banks from climate group worries advocates

U.S. banks exit climate coalition NZBA amid political pressure, raising concerns over their commitment to reducing fossil fuel financing.

An offshore oil rig is seen as a group of people help clean the beach in Huntington Beach, California, U.S., November 14, 2024.  REUTERS/Mike Blake
ClimateLegislationNatural GasNewsOilPolitics

Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term

U.S. President Biden will ban new oil and gas projects on most U.S. coasts, a move Trump may struggle to reverse.

A plow clears a parking lot during a winter storm, Sunday, Jan. 5, 2025, in Cincinnati. (AP Photo/Joshua A. Bickel)
EnvironmentNewsWeather

The heaviest snowfall in a decade is possible as a wintry blast roils parts of the US

A disruptive winter storm brought the possibility of the 'heaviest snowfall in a decade' to some U.S. areas.

FILE PHOTO: U.S. President Joe Biden delivers remarks on securing 235 judicial confirmations, at the White House in Washington, U.S., January 2, 2025. REUTERS/Kevin Lamarque/File Photo
LegislationNatural GasNewsOil

Biden to ban new oil drilling over vast areas of US Atlantic, Pacific waters

The ban, set to be announced Monday, prohibits selling drilling rights in parts of the Atlantic, Pacific, and eastern Gulf of Mexico.

FILE - A small tractor clears water from a business as flood waters block a street, July 12, 2023, in Barre, Vt. (AP Photo/Charles Krupa, File)
BusinessClimateLegislationNatural GasNewsOil

US Chamber, oil industry sue Vermont over law requiring companies to pay for climate change damage

The U.S. Chamber of Commerce and a top oil trade group are suing Vermont over its new climate change law.