Energy

Asia

Double the deliveries: Tesla’s first-quarter sales surge | Automotive Industry News

Strong sales are a sign that demand for Tesla’s relatively pricey electric vehicles remains high despite the coronavirus pandemic. Tesla…

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Asia

Oil giants win New York climate suit as court urges political fix | Climate Change News

About a dozen cities, counties and states across the US have sued Exxon, Chevron, BP, Royal Dutch Shell and their…

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Asia

OPEC+ agrees to up production with an eye towards summer rebound | Coronavirus pandemic News

Defying market expectations for the second time in less than a month, the group agreed to add more than two…

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Latin America

Fast & furious: Will Biden’s $174BN accelerate a global EV boom? | Automotive Industry News

The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to…

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Latin America

Egypt’s Sisi warns Ethiopia dam risks ‘unimaginable instability’ | Business and Economy News

Dam construction on the Blue Nile close to Ethiopia’s border with Sudan has heightened regional tensions. President Abdel Fattah el-Sisi…

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Asia

US stocks hover near record highs as bank losses temper gains | Aviation News

United States stocks stabilised in afternoon trading Monday and hovered near the record highs they set last week, but losses…

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Europe

Asian shares head higher, oil falls as Suez Canal ship re-floated | Energy News

Salvage teams have freed a container ship stuck in the crucial waterway since last week, blocking hundreds of vessels. Asian…

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Asia

Emerging economies delay clean energy move as oil prices rise | Climate Change News

Rising oil prices are testing the developing world’s resolve to quit fossil fuels. The president of Brazil has fired the…

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Europe

India’s infrastructure king: Adani sees world’s top wealth surge | Business and Economy News

After spending two decades building a business empire centered around coal, Indian billionaire Gautam Adani is now looking beyond the…

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Europe

Suez canal blockage sends oil prices rebounding after sell-off | Energy News

The grounding of a container ship in the crucial waterway has blocked traffic, raising fears of crude oil supply disruptions.…

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Asia

Bitcoin’s dirty secret: ‘This thing is taking a lot of energy’ | Climate Change News

The energy used by the network of computers that power the digital coin is comparable to that of many developed…

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Asia

Alberta politicians slam ‘vicious’ Netflix cartoon for kids | Energy News

The provincial government in Canada’s oil-rich province of Alberta is up in arms over a Netflix cartoon for children that…

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Asia

Dirty coal to hydrogen: Trial aims for clean-energy solution | Climate Change News

Japan’s Kawasaki Heavy and Australian state of Victoria plan to create first international hydrogen-supply chain. A Japanese-Australian venture has begun…

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Africa

Oil prices continue to fall ahead of US inventories data | Energy News

Crude prices remain above the level needed to encourage US producers to increase production, some analysts say. Oil fell for…

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Latin America

Elon Musk’s Tesla building giant battery to plug into Texas grid | Automotive Industry News

Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an…

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Africa

Japan’s dilemma: Should it use nuclear to achieve climate goals? | Business and Economy News

About once a month, the same group of two dozen Japanese government officials, company executives and professors file into a bland white…

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Africa

Asian shares extend losses on fears of rising inflation | Energy News

Asian stocks skidded to one-month lows on Friday as rising United States Treasury bond yields again rattled equity investors while…

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Asia

Oil gains 5% as Saudi Arabia mulls extending its output cuts | Energy News

Riyadh is considering extending its voluntary oil cuts of one million barrels per day into April, Reuters news reports. Oil…

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Middle East

Homes turn into ‘mini-solar power stations’ in India’s Kerala | Energy News

Before Govindan Satheeshan installed solar panels on the roof of his home in southern India’s Kerala state under a government…

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Europe

US, Canada pledge to achieve net-zero emissions by 2050 | Climate Change News

United States President Joe Biden says that he and Canadian Prime Minister Justin Trudeau have agreed to work towards achieving…

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Africa

US energy body to examine climate change threat to power grid | Climate Change News

The decision follows power outages in Texas due to an extreme cold snap that left millions of people without electricity.…

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Africa

Qatar Petroleum to supply 1.25m tonnes of LNG to Bangladesh | Energy News

QP signs a long-term agreement with Vitol to supply 1.25 million tonnes of liquefied natural gas annually to Vitol customers…

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Asia

US seen leaving Germans off Nord Stream 2 sanctions list: Report | Energy News

The U.S. is likely to hold off sanctioning any German entities for now over the Nord Stream 2 gas pipeline…

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Latin America

Oil prices extend slide on demand concerns due to US big chill | Energy News

Investors fear that oil refineries could remain hobbled for weeks after snow storms in southern US states while OPEC+ supplies…

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Latin America

Texas’s big freeze pushes oil prices to 13-month highs | Energy News

Texas oil producers and refiners remain shut due to icy cold weather, cutting output by 1-4 million barrels per day.…

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Africa

Stocks extend bull run on hopes of quick economic recovery | Energy News

Asian shares advanced on Tuesday, putting world equities on course to extend their bull run for a 12th consecutive session…

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Europe

Why manufacturing is the biggest hurdle in climate change fight | Climate Change News

Bill Gates says governments and investors need to find ways to reduce emissions from steel- and cement-making. US billionaire Bill…

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Asia

Millions in Texas lose power as winter storm drops temps to -22C | Climate News

The state of Texas continued to reel under a deep freeze, leaving utilities scrambling to meet record power demand and…

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