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Today: May 09, 2024

Environment

BP softens tone on 2030 oil output cut to reassure investors

BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure

Protest song 'Glory to Hong Kong' now banned in city after appeals court overturns ruling

An appeals court has granted the Hong Kong government’s request to ban a protest song, overturning an earlier ruling and deepening concerns over the erosion of freedoms in the city

Phillips 66 misses first-quarter profit estimates on weaker margins

By Sourasis Bose and Nicole Jao (Reuters) -Oil refiner Phillips 66 reported a first-quarter earnings miss on Friday, as seasonal maintenance and a renewable fuels conversion project at its Rodeo,

New Zealand foreign minister calls China relationship complex

New Zealand's foreign minister on Friday described the country's relationship with China as "complex," and called out the hardening rhetoric across the Taiwan

US power and natgas prices turn negative in Texas, California and Arizona

U.S. spot power and natural gas prices turned negative in Texas, California and Arizona for Tuesday as pipeline maintenance trapped gas in the Permian Shale in West Texas

China launches historic mission to retrieve samples from far side of the moon

China on Friday launched an uncrewed spacecraft on a nearly two-month mission to retrieve rocks and soil from the far side of the moon, the first

US to test ground beef in states with bird-flu outbreaks in dairy cows

By Tom Polansek CHICAGO (Reuters) -The U.S. government said on Monday it is collecting samples of ground beef at retail stores in states with outbreaks of bird flu in dairy cows for testing, but

Italy bans NGO planes from using airports close to migrant routes

ROME (Reuters) -Italy said on Tuesday that planes used by charities to track migrant boats in difficulty would no longer be able to fly from airports on the islands of Sicily, Pantelleria and

Nearly 75 Democratic lawmakers support Biden's LNG pause

Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday praised his pause on approvals of exports of liquefied natural gas, or LNG, saying it would

EU eyes shipping, violations in new sanctions package, according to text

The European Union would ban trans-shipment of Russian LNG, the use of EU ports by vessels transporting goods contributing to Russia's war effort and make EU

Russian attacks on Ukraine energy system caused $1 billion in damages - minister

Recent Russian massive drone and missile attacks on Ukrainian energy system have caused more than $1 billion worth of damage to the sector, Ukraine's energy minister German

US military pier for Gaza to shift construction because of weather

The U.S. military said on Friday it was temporarily pausing the offshore construction of a maritime pier because of weather conditions and instead would continue building it at

As tourists move in, Italians are squeezed out on holiday island of Capri

Famed for its blue seas, breathtaking views and cove-studded coastline, the Mediterranean island of Capri has been a tourist haven since the early years of

Equinor first-quarter profit down 37% on lower gas prices

OSLO (Reuters) -Equinor posted a sharp fall in first-quarter profit on Thursday, hit by tumbling natural gas prices in Europe, though strong energy trading and rising output limited the decline.

French emergency services rescued 47 migrants from boat accident in which 5 died

French emergency services rescued 47 migrants from an attempt to cross the English Channel that left five people dead, including a 7-year-old girl, local official Jacques Billant

Oklahoma tornadoes kill at least one person, injure five

A swarm of tornadoes touched down overnight in Oklahoma, according to local media reports, killing at least one person and injuring at least five as they flattened homes and ripped down

Massive tree falls across busy road in Malaysian capital, killing one man, damaging cars

A massive tree fell across one of Kuala Lumpur's busiest roads on Tuesday, killing a man, hurting two others, disrupting monorail services and damaging more than a dozen cars,

Graphite miners lobby US govt to impose levy on China-sourced EV material

North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order to counter Beijing's

Body of last missing construction worker recovered from Baltimore bridge collapse site

Officials say the body of the last missing construction worker killed in the collapse of Baltimore’s Francis Scott Key Bridge in March has been recovered

More and faster: Electricity from clean sources reaches 30% of global total

A record 30% of global electricity was generated from renewables in 2023, according to a report released by Ember, a think tank based in London

Hong Kong businesses shut shop as city struggles to revive post pandemic

When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the tourist and shopping district of Mong Kok was

US electric utility Sempra's profit falls 17% in first quarter

(Reuters) -Sempra Energy posted a 17% drop in first-quarter profit on Tuesday as it logged sharply lower revenue from its natural gas operations, although increases in its Texas power business helped

Fed may need to hold rates steady all year, Kashkari says

Stalled inflation buoyed in part by housing market strength means the Federal Reserve will need to hold borrowing costs steady for an "extended period," and possibly all year, Minneapolis

Massachusetts top court hears challenges to gig worker ballot measures

By Nate Raymond BOSTON (Reuters) -Massachusetts's highest court on Monday weighed whether ballot proposals that would redefine the relationship between app-based companies like Uber Technologies and

Berkshire exec calls wildfire claims against utility 'unfounded'

Berkshire Hathaway, the conglomerate led by Warren Buffett, will fight all lawsuits brought against its utility business due to wildfires as the cases are "unfounded," a top

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