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Reuters
India
India Faces Wider Coal Shortages, Worsening Power-Outage Risks
India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry present…
Natural Gas
British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on env…
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …
Electric Car
Japan's Subaru to Build its First Electric Vehicle Factory
The logo of Subaru Corp. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25, 2017. REUTERS/Toru HanaiSubaru Corp aims to build a dedicated elec…
Electric Car
Hyundai Motor in Talks with Georgia to Build EV Plant in the U.S.
Reuters reported on May 9 (local time) that Hyundai Motor Group is in talks with officials in Georgia to build a new electric vehicle (EV) plant in the U.S. sta…
Wind Turbine
Siemens Gamesa Starts to Install New Generation of Wind Turbines in Brazil
Siemens Gamesa has begun installing a new generation of machines for onshore wind power in Brazil, Felipe Ferres, the company's general director in the country …
Coal Price
India Faces Coal Shortage, Again
India faces another coal crunch as coal inventories at utilities are at the lowest for this time of the year in nearly a decade, while power demand is set to su…
Crude Oil
Major Oil Traders Cut Russian Crude Purchases Starting Next Month
Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…
LNG
U.S. to Supply 15 bcm of Additional LNG to Europe in 2022
The United States will work to ensure it supplies 15 billion cubic metres (bcm) of liquified natural gas (LNG) to European Union markets this year, as Europe se…
Electric Car
Rising Costs Have Lucid CEO Eyeing Price Hike for Future Electric Cars
A Lucid Air electric vehicle is displayed at a shopping mall in Scottsdale, Arizona, U.S., September 27, 2021. REUTERS/Hyunjoo Jin/File PhotoElectric carmaker L…
Oil Price
Wall Street Stocks Rally, Oil Prices Fall Ahead of Fed Meeting
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 8, 2022. REUTERS/Brendan McDermidThe three main Wall Street stock …
EV Market
Musk Says Tesla, SpaceX Facing Significant Inflation Risks
March 13 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Sunday the U.S. electric carmaker and his rocket company SpaceX are facing sig…
Natural Gas
Russian Gas Via Yamal Pipeline Halts Flows to Germany
Natural gas flows from Russia to Germany via the Yamal pipeline stopped in the westward direction on Thursday, according to data from the Gascade pipeline opera…
Oil & Gas Trade
Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…
Crude Oil
Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources
Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…
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