Thursday, 8 May 2025

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FILE PHOTO: Lucid’s Gravity electric SUV is seen in a preview at Lucid’s headquarters in Newark, California, U.S. November 3, 2023.  REUTERS/Abhirup Roy/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Lucid gets $1.5bn from Saudi fund, quarterly revenue beats estimates

Electric SUV production to be ramped up by Lucid following cash injection from Saudi Arabia's Public Investment Fund.

The Shore Acres neighborhood begins to flood from high tide in the Tampa Bay while Tropical Storm Debby approaches the gulf coast, in St. Petersburg, Florida, U.S., August 4, 2024. REUTERS/Octavio Jones
ClimateNewsResiliencyUtilitiesWeather

Hurricane Debby cuts power for 235,000 Florida customers

Hundreds of thousands left without electricity in Hurricane Debby outages as utilities battered.

Gas prices are seen at a pump at a Safeway gas stop in McLean, Virginia, U.S., November 24, 2021. REUTERS/Leah Millis/ File Photo
BusinessEconomyNewsPoliticsTrade

Large revisions to US energy data leave traders and analysts befuddled

Discrepancies in energy market data cause concern over true demand for oil and fuel demand across the United States.

A general view of electric lines in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo
BusinessNewsUtilities

Quantum Capital to buy Cogentrix for $3bn in bets on rising demand

Private equity firm will buy US independent power producer Cogentrix Energy from funds managed by the Carlyle Group.

FILE PHOTO: The Department of Commerce building is seen before an expected report of new home sales numbers in Washington, U.S., January 26, 2022.      REUTERS/Joshua Roberts/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTransport

US expected to propose barring Chinese software in self-driving cars

National security fears could see Chinese self-driving cars and other autonomous vehicles being blocked from testing in the United States.

FILE - Work continues at a shale gas well drilling site in St. Mary's, Pa., March 12, 2020. Facing the need to win Pennsylvania, Vice President Kamala Harris has sworn off any prior assertion that she opposed fracking. But that hasn't stopped Republican presidential candidate former President Donald Trump from wielding her now-abandoned position as to win over working-class voters in the key battleground state where the industry means jobs. (AP Photo/Keith Srakocic, File)
ElectionsNatural GasNewsPoliticsRegulations

Harris once wanted to ban fracking, Trump reminds voters

In the battleground state of Pennsylvania, Kamala Harris' fracking record is attacked as Donald Trump cites her abandoned position calling for a ban.

FILE PHOTO: The deep sea mining vessel is seen off the coast of Manzanillo, Mexico November 16, 2022. REUTERS/Gustavo Graf/File Photo
ClimateEnvironmentNews

Sea-bed regulator elects secretary general as calls grow to pause deep-sea mining

The International Seabed Authority has a new secretary general

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsFuelLiquefied Petroleum GasNewsOilPolitics

Citgo auction pits Icahn-backed oil refiner, creditor group

Icahn and creditors battle in final bids for Citgo, aiming to claim stakes in $21.3B Venezuelan debt auction.

BusinessNewsUtilities

Utility PPL beats Q2 profit estimates on warmer weather

Extreme heat drives energy usage up to deliver PPL Q2 results ahead of expectations.

FILE PHOTO: ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon delivers $9.2 billion second-quarter profit, raises output target

Rising oil prices and a boost from buying Pioneer lead Exxon Mobil to bumper Q2 profits.

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