Saturday, 18 May 2024

Technologies

FILE - A truck carrying 250 tons of coal hauls the fuel to the surface of the Spring Creek mine, April 4, 2013, near Decker, Mont. The Biden administration is proposing to end new coal leases from federal lands in the Powder River Basin of Montana and Wyoming, which includes Spring Creek. (AP Photo/Matthew Brown, File)
CoalEmissionsFuelMiningPoliticsRegulations

US proposes ending new federal leases in its biggest coal region

The Bureau of Land Management proposal would affect millions of acres of U.S. federal lands and underground mineral reserves in the Powder River...

FILE PHOTO: The logo of the U.S. Bureau of Land Management, an arm of the Department of Interior, is seen on a sign in the Carrizo Plain National Monument, California, U.S., April 16, 2023. REUTERS/Nichola Groom/File Photo
BusinessCourtsEnvironmentFuelNatural GasOilPoliticsRegulationsResiliency

Oil, gas groups sue to block US rule hiking drilling fees on federal lands

Under the new policy finalized last month, oil and gas companies will pay higher bonds to help ensure old oil and gas wells...

FILE PHOTO: A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/File Photo
AnalysisElectric Vehicles

Fewer people in the US plan to buy EVs this year, study shows

The number of buyers in the U.S. considering buying EVs in 2024 has fallen from a year ago due to a shortage of...

FILE PHOTO: A fully-electric Toyota Hilux Revo pickup truck as a public transportation vehicle is seen in the Thai seaside town of Pattaya, Chonburi province, Thailand, April 25, 2024. REUTERS/Artorn Pookasook/File Photo
Electric VehiclesManufacturing

Toyota tests EV pickup truck ahead of mass production in Thailand

Toyota is testing the new battery-electric Hilux pickup truck to assess its performance in different conditions, with production due in 2025

People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang
BusinessElectric Vehicles

Nio aims to launch one new car model per year under Onvo brand

EV maker Nio said it would launch one new model per year under its lower-priced Onvo brand, and price them similarly to gasoline...

FILE PHOTO: The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
Electric Vehicles

Honda steps up electrification investment to $65bn through FY2030

Honda pledged to double its electrification and software investment to about $65bn over the 10 years running through the 2030 business year

FILE PHOTO: The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson/File Photo
CoalElectric VehiclesElectricityInfrastructureManufacturingPoliticsRegulationsResiliencySolarTransmissionUtilities

US Southwest, Texas at risk of power shortfalls this summer: regulator

The U.S. Southwest and Texas are at increased risk of power supply shortfalls during times of peak demand this summer due to rising...

Student ambassador Marilyn Chavez, in foreground, talks with a faculty member at the California Center for Climate Change Education on the West Los Angeles College campus in Culver City, Calif., Tuesday, March 12, 2024. As students consider jobs that play a role in solving the climate crisis, they’re looking for meaningful climate training and community colleges are responding. (AP Photo/Jae C. Hong)
AnalysisBusinessEconomyElectricityIn-DepthIndustryInfrastructureLabour

Clean energy training boom as climate-related jobs expand in US

Community colleges across America give courses in EV repair and wind turbines as green industry hopes to hire homegrown talent.

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric VehiclesIn-Depth

The inside story of Elon Musk’s mass firings of Tesla Supercharger staff

How the Tesla Supercharger division lost its staff, why it matters – and what will happen to the expanding EV network now?

ElectricityInfrastructurePoliticsTradeTransmissionUtilities

Ukraine plans record power imports after Russian attacks on energy system

Ukraine plans record high electricity imports after significant energy infrastructure damage from recent Russian strikes on its energy system.

FILE PHOTO: White House National Security Advisor Jake Sullivan speaks during a press briefing at the White House in Washington, U.S., April 9, 2024. REUTERS/Kevin Lamarque/File Photo
ElectricityNuclearPoliticsTrade

How might a US-Saudi civil nuclear deal work?

US National Security Adviser will visit Saudi Arabia this weekend for talks expected to touch on a civil nuclear cooperation agreement

Current investment plans could result in only 50 percent of the lithium supply needed for countries to meet their climate goals in 2035 (AFP)
ClimateCritical MineralsEconomyElectric VehiclesSolarWind

IEA warns of key energy mineral shortage risk

The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment

ClimateEnvironmentLegislationPoliticsWind

Florida slammed for bill striking climate change from state law

Democrats on Thursday slammed a new law introduced by Florida that makes climate change a lesser priority and largely removes the phrase from...

BusinessEconomyElectricityPoliticsTradeWind

Siemens Energy boss says there can be no energy transition without China

Europe's energy sector relies too much on China to entertain the idea of de-risking, says the CEO of Siemens Energy.

FILE PHOTO: International Monetary Fund spokesperson Julie Kozack speaks to reporters at the IMF's headquarters, ahead of the joint IMF-World Bank annual meetings in Marrakech, Morocco taking place on October 9-15, in Washington, U.S. September 28, 2023. REUTERS/Andrea Shalal/File Photo
EconomyPoliticsSolarTrade

IMF: U.S. should keep open trade, work with China to resolve disputes

The International Monetary Fund says the U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties...

FILE PHOTO: Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022. REUTERS/Brian Snyder/File Photo
PoliticsSolar

White House to protect solar industry from Chinese competition

The White House said it would protect domestic solar factories by scrapping a tariff exemption for imported double-sided panels

An Ineos hydrogen-fuelled Grenadier car is driven on a test track during a 'Roadmap to Decarbonisation' event (AFP)
AutomotiveHydrogenIn-DepthTransport

Ineos drives towards hydrogen car future

Ineos showcases hydrogen-powered Grenadier 4x4, but admits infrastructure isn't in place yet to see them widely used

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectric Vehicles

Tesla chair sees challenges in getting shareholder vote for Musk’s pay deal

Tesla's chair said the company needs to climb "Mount Everest" as it faces shareholder votes on relocating to Texas and Elon Musk's $56bn...

An Xpeng AeroHT X2 Flying Car on display in Hong Kong at the launch of Xpeng vehicles into the city for the first time (AFP)
Electric Vehicles

US tariffs on Chinese EVs hurt green transition: XPeng boss

The president of EV maker XPeng has criticised tariffs on Chinese cars imposed by Washington as "unfavourable" for the US energy transition

FILE PHOTO: A giant logo of Volkswagen is pictured on the wall of its production facility in Wolfsburg, Germany, April 28, 2016. REUTERS/Fabrizio Bensch/File Photo
Electric Vehicles

VW and Renault end talks to develop affordable EV, sources say

Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car

FILE PHOTO: Demonstrators protest against the expansion of the Tesla Gigafactory, in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
BusinessElectric Vehicles

Council approves Tesla’s revised plan to expand plant near Berlin

A council in Germany, outside of Berlin, approved a plan by electric carmaker Tesla to expand the grounds of its first plant in...

An Ineos hydrogen-fuelled Grenadier car is driven on a test track during a 'Roadmap to Decarbonisation' event (AFP)
AutomotiveHydrogenIn-DepthTransport

Ineos drives towards hydrogen car future

Ineos showcases hydrogen-powered Grenadier 4x4, but admits infrastructure isn't in place yet to see them widely used

EconomyNatural GasOilPoliticsTradeTransmission

Putin: Oil pipeline could run alongside planned gas link to China

MOSCOW — Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on...

FILE PHOTO: XPENG Motors (Guangzou Xiaopeng Motors Technology) logo is seen in this illustration taken Jan. 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Carbon CaptureElectric Vehicles

Xpeng says US tariffs on Chinese EV detrimental to meeting carbon neutrality

The overseas expansion is overshadowed by an anti-subsidy probe launched by the EU into EV imports from China, as well as U.S. tariff...

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
Oil

Glass Lewis urges Hess shareholders accept Chevron offer

Hess shareholders should vote in favor of Chevron's $53bn all-stock offer at the oil company's May 28 meeting, proxy adviser Glass Lewis said

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
Oil

Oil set for weekly gain on signs of improving demand

Oil prices are edging higher, with global benchmark Brent heading for its first weekly gain in three weeks

EconomyNatural GasOilPoliticsTradeTransmission

Putin: Oil pipeline could run alongside planned gas link to China

MOSCOW — Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on...

FILE PHOTO: The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson/File Photo
CoalElectric VehiclesElectricityInfrastructureManufacturingPoliticsRegulationsResiliencySolarTransmissionUtilities

US Southwest, Texas at risk of power shortfalls this summer: regulator

The U.S. Southwest and Texas are at increased risk of power supply shortfalls during times of peak demand this summer due to rising...

ElectricityInfrastructurePoliticsTradeTransmissionUtilities

Ukraine plans record power imports after Russian attacks on energy system

Ukraine plans record high electricity imports after significant energy infrastructure damage from recent Russian strikes on its energy system.

FILE PHOTO: A truck passes by a chemical factory near the Jinjie Industrial Park in Shenmu, Shaanxi province, China November 20, 2023. REUTERS/Ella Cao/File Photo
EfficiencyInfrastructureRegulations

China calls for stepped-up energy-efficiency plans to meet targets

State planning agency orders provinces across China to develop energy efficiency plans for biggest carbon consumers.

Office workers walk past the General Post Office building during lunchtime in Sydney, Australia May 4, 2018. REUTERS/Edgar Su/File Photo
EconomyElectionsPoliticsUtilities

Australia doles out energy relief in balm for inflation

Australian energy relief estimates $3.5bn to ease the pressure of bills, while budget also proposes tax incentives for development of hydrogen power.

Current investment plans could result in only 50 percent of the lithium supply needed for countries to meet their climate goals in 2035 (AFP)
ClimateCritical MineralsEconomyElectric VehiclesSolarWind

IEA warns of key energy mineral shortage risk

The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment

A conveyor belt transports tons of coal at a mine (GETTY IMAGES NORTH AMERICA)
CoalMiningPolitics

US ends leasing in its largest coal-producing region

Biden's government announced it was ending coal leases in the Powder River Basin, the nation's largest coal-producing region

FILE - A truck carrying 250 tons of coal hauls the fuel to the surface of the Spring Creek mine, April 4, 2013, near Decker, Mont. The Biden administration is proposing to end new coal leases from federal lands in the Powder River Basin of Montana and Wyoming, which includes Spring Creek. (AP Photo/Matthew Brown, File)
CoalEmissionsFuelMiningPoliticsRegulations

US proposes ending new federal leases in its biggest coal region

The Bureau of Land Management proposal would affect millions of acres of U.S. federal lands and underground mineral reserves in the Powder River...

FILE PHOTO: National Economic Council Director Lael Brainard speaks during the daily briefing at the White House in Washington, U.S., October 26, 2023. REUTERS/Ken Cedeno/File Photo
Critical MineralsEconomyElectric VehiclesPoliticsTrade

White House’s Brainard says China’s exports can undermine investments in US

"China is now simply too big to play by its own rules," says White House national economic adviser Lael Brainard.

FILE PHOTO: Korean Finance Minister Choi Sang-mok speaks during a trilateral meeting with U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki on the sidelines of the IMF/G20 meetings, at the U.S. Treasury in Washington, U.S., April 17, 2024.  REUTERS/Kevin Lamarque/File Photo
Critical MineralsTrade

South Korea urges better cooperation on supply chain with China

South Korea's finance minister, Choi Sang-mok, said Seoul and Beijing should seek better cooperation on the supply chain for raw materials

FILE PHOTO: The U.S. Capitol dome is seen from the the East lawn in Washington, U.S., May 9, 2024. REUTERS/Kaylee Greenlee Beal/File Photo
AgricultureClimateLegislation

US House farm bill proposal faces slim Senate odds

The US House farm bill includes provisions to reduce spending on food aid for the poor and efforts to help farmers fight climate...

Employees of Syngenta examine corn with a moisture-meter device to check if the crop is ready for harvest, in a corn field in Krishna district in the southern state of Andhra Pradesh, India, April 1, 2024. REUTERS/Almaas Masood
AgricultureClimateEnvironmentIndustryResiliency

Space data fuels India’s farming innovation drive

Satellite data is helping farmers in India to innovate their agricultural practices and better manage shifting climate patterns and erratic weather events

FILE PHOTO: Consumers shop at a weekly street market in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo Moraes/File Photo
AgricultureClimateEconomyPoliticsWeather

Brazil’s government hikes 2024 GDP forecast, sees higher inflation

Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining...

FILE PHOTO: Protesters gather in front of the Royal Castle during a protest of Polish farmers against the European Union's Green Deal ahead of EU parliamentary elections, in Warsaw, Poland May 10, 2024. Robert Kowalewski /Agencja Wyborcza.pl via REUTERS
AgricultureClimateEconomyLegislationPolitics

Polish farmers begin hunger strike over EU Green Deal

Five Polish farmers have gone on hunger strike over European Union environmental regulations they say are driving them out of business.

Aerial view of floods in Eldorado do Sul, Rio Grande do Sul state, Brazil, taken on May 9, 2024 (AFP)
AgricultureWeather

Brazil floods strike blow to powerful agriculture sector

Agronomist Eduardo Assad, who studies the effects of climate change on agriculture, said Brazil "will begin to suffer severe crop losses" if the...

FILE PHOTO: Apache Stronghold, a Native American group hoping to protect their sacred land from a Cooper mine in Arizona, gather outside the 9th Circuit Appeal Court in Pasadena, California,U.S., March 21, 2023.        REUTERS/Mike Blake/File Photo
CourtsCritical MineralsMiningPolitics

Indigenous group to take fight against Arizona copper mine to Supreme Court

Apache Stronghold, a nonprofit group comprised of San Carlos Apache tribe members and others, says it will take its fight against Rio Tinto’s...

Maryland Governor Wes Moore speaks alongside members of the Maryland congressional delegation and U.S. Transportation Secretary Pete Buttigieg during a press conference regarding the recent collapse of Baltimore, Maryland's Francis Scott Key Bridge, on Capitol Hill in Washington, U.S., April 9, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo
BusinessLegislationPoliticsWind

Maryland sets course for offshore wind energy expansion with new legislation

Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the...

FILE PHOTO: Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Sergei Guneev/Pool via REUTERS/ File Photo
OilPoliticsTrade

Putin to discuss Ukraine and energy with Xi in China

Russia has become China's top crude supplier, with its oil shipments to China jumping more than 24% in 2023 despite Western sanctions.

Pathways Alliance CEO Kendall Dilling is interviewed at the World Petroleum Congress in Calgary, Monday, Sept. 18, 2023.THE CANADIAN PRESS/Jeff McIntosh
BusinessCarbon CaptureEnvironmentNatural GasOilPoliticsRegulations

Canadian groups, First Nation want public hearing on Pathways Alliance carbon capture plans

The groups say they want the regulator to hold a public hearing on the Pathways Alliance's proposed $16.5-billion carbon capture network in Canada's...

FILE PHOTO: Ranking Member U.S. Representative Jamie Raskin (D-MD) looks on during a press conference as Hunter Biden, son of U.S. President Joe Biden, attends a closed deposition with members of the Republican-led House Oversight Committee conducting an impeachment inquiry into the president, at the O'Neill House Office Building in Washington, U.S., February 28, 2024. REUTERS/Evelyn Hockstein/File Photo
BusinessOilPolitics

US lawmaker asks oil companies about ‘quid pro quo’ Trump offer

WASHINGTON – The top Democratic lawmaker on a U.S. House oversight panel has sought information from nine oil companies about a media report...