LNG Canada, a Shell-led initiative, is facing technical difficulties as it increases production at its Kitimat liquefied natural gas plant. This has led to at least one LNG tanker being diverted from the facility recently without its superchilled fuel, Reuters quoted four sources and LSEG ship tracking data in a report.The…
Three vessels chartered by India’s Nayara Energy have sought to terminate their contracts, pressured by EU sanctions imposed on the Russian-owned refiner, according to a Reuters report on Wednesday. Nayara Energy, a significant player in India’s energy sector, is majority-owned by Russian entities, notably including the oil major Rosneft. The company operates…
India has set an ambitious target of achieving 500 GW of non-fossil fuel capacity by 2030, including 280 GW from solar energy, as part of its commitment under the Paris Agreement and its broader aim to achieve net-zero emissions by 2070. The country has made substantial progress in adding solar…
Adidas shares tumbled on Wednesday after the German sportswear giant reported second-quarter sales below expectations and warned that new US tariffs would significantly raise costs in the second half of the year. Despite a solid rise in profit, the company opted to maintain its annual guidance, citing global volatility and…
LNG Canada, a Shell-led initiative, is facing technical difficulties as it increases production at its Kitimat liquefied natural gas plant. This has led to at least one LNG tanker being diverted from the facility recently without its superchilled fuel, Reuters quoted four sources and LSEG ship tracking data in a report.The…
Rolls-Royce share price pumped on Tuesday and was hovering near its all-time high of 1,013p. It has increased by 75% this year, surpassing the FTSE 100 Index, which has risen by 11%. RR stock price has jumped by over 1,000% in the last five years, while the Footsie has soared by…
Starbucks stock price rose by over 4% after Brian Niccol, its CEO, hailed its turnaround efforts, even as its financial results continued to deteriorate. It rose to $97.20, up by over 25% from its lowest point this year. This article explores its financial results and whether it is a good…
South Korea’s LG Energy Solution has entered into a $4.3 billion battery supply agreement with an undisclosed customer, as per a regulatory filing submitted on Wednesday. The contract, which became effective on 28 July 2025, will run until July 2030.This development follows closely on the heels of Tesla’s confirmed $16.5…
India has set an ambitious target of achieving 500 GW of non-fossil fuel capacity by 2030, including 280 GW from solar energy, as part of its commitment under the Paris Agreement and its broader aim to achieve net-zero emissions by 2070. The country has made substantial progress in adding solar…
For two years, the American consumer has carried the economy. Even with interest rates at their highest level in two decades, spending kept climbing, job losses never came, and talk of recession faded.But the latest data and company earnings are clear: the engine is no longer revving.Although consumers are still…