Environment

BP names Carol Howle as deputy CEO, to oversee portfolio review, strategy

BP named Carol Howle as deputy chief executive on Thursday and said she would oversee the company's ongoing portfolio review and strategy development.

Senate Republicans send Trump resolution to lift mining ban near Boundary Waters Canoe Area

Congressional Republicans are sending President Donald Trump a resolution for his signature that would lift a federal ban on mining near Minnesota's Boundary Waters Canoe Area Wilderness

Rivian beats quarterly delivery estimates as EV demand stabilizes

Rivian Automotive exceeded analysts' expectations for first-quarter vehicle deliveries, indicating stabilized demand for its SUVs and R1T pickup trucks

Trump speech unleashes more pain on US consumers with $5 gasoline, record diesel in sight

U.S.

Fuel tanker that rerouted from Cuba now discharging in Venezuela, data and source say

A fuel tanker that according to ship tracking services loaded a Russia-origin cargo originally bound for Cuba began discharging on Thursday at an independently-owned terminal in

Tesla deliveries mark weakest quarter in a year, inventory swells

Tesla kicked off 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and intensifying global

China calls for promoting Middle East ceasefire in talks with EU, Germany

China on Thursday repeated calls for a ceasefire in the Middle East and safe passage through the Strait of Hormuz in conversations with Western counterparts, widening its

Expelled from camp, Palestinian refugees now face Iranian rockets

The sight and sound of Iranian rockets arcing overhead have become near-daily for the Palestinian Ghanem family, expelled by the Israeli military

Amazon must negotiate with Staten Island warehouse workers, NLRB says

Amazon must negotiate with a labor union representing some 5,000 workers at a company warehouse on Staten Island, the National Labor Relations

Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran

U.S. crude oil futures for immediate delivery next month hit their largest-ever premium over the second-month contract on

Fed's Logan says US oil producers unlikely to provide near-term relief for consumers

By Michael S.

Meet Yuji, the Mexican baby monkey finding comfort in a plush companion

Yuji, a 6-week-old patas monkey, wakes up every day clinging to a stuffed dog

World anxious to open Hormuz Strait while Trump and Iran trade threats

Dozens of countries sought ways to restart vital energy shipments through the Strait of Hormuz on Thursday after U.S.

US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile

Oil giants show early interest in US Gulf deepwater field stake, sources say

European energy majors TotalEnergies and Shell are among companies eyeing a majority stake in one of the U.S.

Australians cancel Easter travel as worries mount over fuel crisis

Every Easter, Sydney retiree Elsa Ucak is one of the millions of Australians

North American farmers pinch pennies on farm machinery as profitless growing season approaches

Farm machinery salespeople are wrapping up a dismal season of farm shows across North America as farmers gear up for spring planting without much

World food price rise set to continue if Iran war lasts, FAO says

World food prices climbed in March to their highest level since September last year and could rise further if the Middle East conflict that pushed

Trump says US can take Strait of Hormuz with more time

President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to a war

US Interior Department to reduce staff through deferred resignation, early retirement

The U.S. Department of the Interior will offer employees new opportunities to leave the agency as part of a plan to improve efficiency, it said in a statement on Thursday.

US agencies to monitor drinking water for microplastics, pharmaceuticals

The U.S.

Italy's Meloni visits Saudi Arabia, Qatar and UAE amid Gulf tensions, energy worries

Italian Prime Minister Giorgia Meloni flew to Saudi Arabia on Friday for a previously unannounced trip that will also include meetings in

Kazakhstan releases endangered saker falcons in Saudi-backed restoration drive

With a loud thwack of their wings, the falcons took flight, quickly soaring high above the rocky desert landscape of Altyn-Emel National Park

Stick to Easter travel, Australians told, though hundreds of petrol stations dry

Australians were urged to maintain their travel plans for Easter weekend although hundreds of petrol stations, mostly in rural areas, were without power on Saturday, as the Iran

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

Lucid Group missed expectations for first-quarter vehicle deliveries on Friday, hurt by a temporary sales halt and recall tied to an unauthorized supplier change.

Russian oil terminals under attack unable to accept shipments for second week, sources say

Russia's Baltic oil export hubs at Ust-Luga and Primorsk remain unable to handle shipments after a series of Ukrainian drone attacks, prompting the country's refineries to find

Russia evacuates 198 more staff from Iran's Bushehr nuclear plant, agencies report

Russia's state nuclear company Rosatom evacuated a further 198 of its staff from Iran's Bushehr nuclear power plant on Saturday, Russian news agencies reported.

Five EU countries call for windfall tax on energy companies

Five European Union countries are calling for a windfall tax on energy companies' profits in reaction to rising fuel prices due to the Iran war, according

Slovak PM says EU should drop sanctions on Russian oil and gas to boost energy security

The European Union should end sanctions on Russian oil and gas imports, take steps to restore Druzhba oil pipeline flows and end the war in Ukraine to tackle the energy

ISS recommends vote against BP board's move to scrap some climate reporting

Influential proxy adviser Institutional Shareholder Services (ISS) has recommended a vote against the BP board's move to revoke some previous company-

Taiwan says it has assurances over LNG supplies from 'major' country

Taiwan has received supply assurances from the energy minister of a "major" liquefied natural gas-producing country, the island's economy minister said on Saturday,

India makes first Iranian oil buy in seven years with no payment problems

Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday.

Ships near Italy rescue 32 migrants, 71 lost at sea, charities say

Two merchant vessels near the Italian coast recovered the bodies of two migrants and rescued 32 survivors from a boat trying to cross to Europe from Libya on Easter weekend,

Iran accuses UN nuclear watchdog of inaction, warns of risk from attacks

Inaction by the UN nuclear watchdog "emboldens aggression" against nuclear facilities such as the Bushehr power plant, Iran's atomic energy chief Mohammad Eslami said on

South Korea's Lee says country must balance risk as Hormuz disruptions threaten oil supplies

South Korea must accept a degree of risk in importing crude oil from the Middle East amid blockages of the Strait of Hormuz, President Lee Jae Myung said on Monday.

US nuclear power regulator phases out agency-led commando drills at plants

The U.S. nuclear power regulator voted last week to phase out agency-led security

Striking JBS workers to return to Colorado plant on promise of talks

Workers of the world's largest meat company, JBS, agreed to return to work at a beef plant in Greely,

Astronomers measure the mind-blowing power and speed of black hole jets for the first time

Scientists for the first time have measured the instantaneous mind-blowing power of jets blasting from a black hole

A lost icon: The American chestnut and its central place in the eastern landscape

The American chestnut is a singular, iconic tree of the eastern United States

Pope Leo XIV delivers stark words in Cameroon

Pope Leo has strong words for "those who manipulate religion... for their own military, economic and political gain."

NY Fed says March supply chain pressures highest since start of 2023

Supply chain pressures heated up in March to levels last seen at the start of 2023, data released by the Federal Reserve Bank of New York said on Monday.

Hormuz closure divides the fortunes of Middle Eastern oil states

The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia,

Investors press Amazon, Microsoft and Google on water, power use in US data centers

Washington DC’s 240 million-gallon sewage spill is a symptom of nationwide trouble

The largest sewage spill in US history wasn’t the first, and it won’t be the last.

HVAC firm Madison Air raises $2.2 billion in US IPO

Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in the biggest U.S. initial public offering so far this year.

Chile's Kast unveils slew of reforms including corporate tax rate cut

Chile's new president, Jose Antonio Kast, unveiled on Wednesday details of a long-awaited reform package that includes cuts to the corporate tax rate,

German rescuers plan to use air cushions to save Timmy the stranded whale

Germans are preparing a rescue operation for a sick humpback whale stranded off the Baltic Sea coast

Malaysia's Petronas to supply excess fuel to Australia as leaders vow closer energy ties

Malaysia Prime Minister Anwar Ibrahim said on Thursday that state energy firm Petronas would give priority to providing Australia with its excess fuel

Spoiled food found at Denver elementary school concerns parents

Spoiled food found at Denver elementary school concerns parents

Sacramento parents fight move to replace grass with artificial turf at elementary school

Sacramento parents fight move to replace grass with artificial turf at elementary school

Australia refinery fire worsens fuel supply crunch amid Iran war

A fire at the largest of Australia's two oil refineries has hit petrol production, company and government officials said

Danish Refugee Council warns 4 million more face displacement as aid drops

Over 4 million people are set to be newly displaced around the world by the end of next year as donors step back from providing life-saving aid, the Danish Refugee Council

US judge rejects Trump administration bid to block Hawaii climate lawsuit

A federal judge on Wednesday dismissed a Trump administration lawsuit seeking to stop Hawaii from suing fossil fuel companies in state court over climate change,

Can Iran legally impose tolls on the Strait of Hormuz?

Tehran has sought to tighten its grip over the Strait of Hormuz by charging tolls on vessels to ensure safe passage, in conjunction with Iran's Islamic

US ESG shareholder resolutions plunge in face of Republican pressure, report says

Shareholders have filed 184 proposals promoting environmental, social and governance themes at U.S. companies so far this proxy season, a new study found, about

Price hikes, outlook cuts - What airlines are doing as fuel costs surge

A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise their financial outlooks.

Iran war brings US close to net crude exporter for first time since World War Two

The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to

Brazil's free cooking gas program threatened by energy price spike ahead of election

Surging energy prices could scupper a popular Brazilian program that provides free cooking gas to around 50 million people,

FAA proposes to hire 2,300 air traffic controllers in budget request

The Federal Aviation Administration said Monday it is proposing to hire 2,300 air traffic controller trainees as it works to address a persistent

Trump's shipping waiver does not boost oil flows within US; fuel exports soar

U.S.

Phillips 66 faces $900 million loss as Iran crisis lifts oil prices

U.S. refiner Phillips 66 said on Monday its first-quarter results were hit by a sharp increase in commodity prices, leaving it with nearly $900 million in

US crude premiums climb to record levels as Asia, Europe compete for supply

Spot premiums for U.S.

China's Xi urges faster development of new energy system as Middle East war continues

Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country's

Chinese pigs fed new menu as Beijing weans farmers off US soy

At the edge of one of the many pig farms spread across the vast, unbroken floodplains of Taizhou, a two-hour drive northwest of

LG Energy Solution flags Q1 operating loss on weak EV demand

South Korean battery maker LG Energy Solution (LGES) said on Tuesday it expects to post a first-quarter operating loss of 208 billion won ($138.16 million), as weaker demand

IEA chief: current oil and gas crisis worse than 1973, 1979, 2022 together

The current oil and gas crisis triggered by the blockade of the Strait of

Middle East war means 'all roads' lead to higher prices, slower growth, IMF chief says

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday,

Artemis II moon crew flies farther than humans have ever gone before

The four astronauts of NASA's Artemis II mission flew deeper into space on Monday than any humans before them, as they cruised through a

Deere settles US right-to-repair lawsuit with $99 million fund, repair commitments

U.S. agriculture equipment maker Deere on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to

Oil surges on US blockade of Iran

A look at the day ahead in European and global markets from Tom Westbrook Oil futures jumped back over $100 at the open in Asia on Monday, the dollar fell and stocks were down as U.S.-Iran talks

Heads of IEA, IMF, World Bank to meet next Monday to discuss energy crisis

The leaders of the International Energy Agency, the International Monetary Fund and the World Bank will discuss the energy crisis triggered by the Iran war next Monday, IEA

Ford recalls over 420,000 vehicles in US over windshield wiper failure

Ford Motor is recalling 422,613 vehicles in the U.S. over a failure of the windshield wiper, the U.S. National Highway Traffic Safety Administration said on Tuesday.

Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says

Iran on Tuesday attacked Saudi Arabia's Jubail petrochemical complex, the heart of the kingdom's downstream sector, its Revolutionary Guards said, the latest evidence of Tehran's

US lawmakers press Bessent on LNG ships that are taking tax credit

A group of Democratic U.S. senators on Tuesday pressed Treasury Secretary Scott Bessent on whether enormous tankers that ship liquefied natural gas

Bourbon demand is down and tariffs aren't helping. But distillers keep building

Like many whiskey distillers, Heaven Hill Brands is rolling back bourbon production this year, as demand lags.

Can Iran charge fees for ships to transit the Strait of Hormuz?

Iran wants to charge fees for ships to pass through the Strait of Hormuz as part of its proposals to end the war with Israel and the United States after blocking most traffic

World Bank's Banga sees some degree of lower growth, higher inflation due to war

World Bank President Ajay Banga said on Tuesday the war in the Middle East would result in some degree of slower growth in the global economy and

Energy facilities and shipping hit during US-Israeli war on Iran

The U.S.-Israeli war on Iran and Tehran's retaliatory attacks on Gulf neighbours have damaged major energy facilities and disrupted shipping through the Strait of Hormuz, which

Brent settles down on economic worries, US crude up ahead of Trump deadline for Iran

Oil prices settled mixed on Tuesday, with Brent down on worries that high energy prices could slow economic growth, while U.S. crude closed at its

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

By Alex Lawler LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the

Could more cattle cause record beef prices to drop? Ranchers say it's not that simple

It’s never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers to raise more cattle, and that’s not an easy ask

Floodwaters inundate Wisconsin streets, trapping drivers, as Midwest rebuilds after storms

Floodwaters from record rainfall in Wisconsin have inundated streets, trapping drivers and forcing officials to close sections of a highway

How Trump’s repeated efforts to fire Federal Reserve Chair Powell harm the economy – and make battling inflation harder

Politicians have long coveted control over monetary policy. Good economic governance requires that they don’t get it.

Arizona utility agrees not to cut off power for nonpayment when it’s 95 degrees Fahrenheit or above

Arizona’s largest utility has agreed not to cut off electrical service to customers for nonpayment while forecasted high temperatures are 95 degrees Fahrenheit (35 degrees Celsius) or above

European buyers hold talks to ship Canadian LNG via Panama Canal to diversify supply

European buyers, including Germany's Uniper, are exploring the possibility of purchasing liquefied natural gas from Canada's Pacific coast and

Bessent supports IMF quota revamp, wants World Bank financing for critical minerals

U.S.

Permian-focused EagleRock plans rare US oil and gas IPO, sources say

EagleRock, a company that collects royalties and fees from oil and gas production on the land it controls in the Permian Basin, is

Trump issues several pipeline permits for US-Canada oil transportation

U.S.

World Bank launches 'Water Forward' programme to tackle global water stress

The World Bank and other top development lenders launched a new global initiative dubbed Water Forward on Wednesday, aimed at improving secure water access for a billion

Iran war puts US companies in wait-and-see mode, Fed report says

U.S. businesses and households still adjusting to the Trump administration's tariff policies also are reeling from a surge in energy prices due to the Iran war, a

Ford's advanced EV-and-tech chief to leave the company 

Doug Field, a Tesla and Apple veteran who has led Ford Motor's electric-vehicle and technology efforts for nearly five years, is leaving the automaker. 

Madison Air raises $2.2 billion in US IPO

Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in its U.S. initial public offering.

Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO

Amazon-backed X-Energy is targeting a valuation of up to $7.51 billion in its initial public offering in the United States, the nuclear reactor developer said on

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

Kevin Kelly is in a tough spot.

Panama authorizes First Quantum to process stockpiled material from shuttered copper mine

Panama's government formally approved on Tuesday for Canada's First Quantum Minerals to remove, process and export stockpiled ore at its shuttered

Chicago jet fuel tops $5 a gallon, as refiner maintenance adds to war-related price surge

Chicago has become the most expensive U.S. jet fuel market, with prices topping $5 per gallon, as the disruptions caused by the Iran war have combined with

Trump agrees to two-week Iran ceasefire, drops threat to destroy 'whole civilization'

U.S.

Stellantis in advanced talks to develop Opel EV with China's Leapmotor, sources say

Stellantis is in advanced talks with Leapmotor to jointly develop an Opel-branded electric SUV that would use the Chinese automaker's technology and be produced at

Soaring costs, fuel shortage fears drive Pakistan to electric motorbikes

Days after Iran effectively blocked shipping through the Strait of Hormuz following the start of U.S. and Israeli

Major reaction to news of Iran ceasefire

The U.S. and Iran have confirmed a two-week ceasefire following mediation by Pakistan. U.S.

World Bank expects stronger exports to lift Western Balkans growth to average 3.1% in 2026-27

Economic growth for six Western Balkans countries is projected to increase to 3.1% on average in 2026 and 2027 on stronger exports and public investment after a slowdown

Chinese electric truck maker Windrose makes first US delivery

Chinese electric truck startup Windrose said it had made the first delivery of its long‑haul electric heavy truck in the United States, marking a key step in its global

Asian stocks exodus fuels largest emerging market outflows since 2020, IIF data shows

Foreign investors pulled $70.3 billion from emerging market assets in March, the biggest outflow since the pandemic rout in March 2020, data from a global

'A lot of work to do' to reopen Strait of Hormuz, UK's Starmer says on Gulf trip

British Prime Minister Keir Starmer said on Wednesday there was still a lot of work to do to reopen the Strait of Hormuz following the U.S.-Iran ceasefire, speaking during

General Motors recalls over 270,000 cars in US over rearview camera issue

General Motors is recalling 271,770 cars in the U.S. over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday. 

Exxon signals lower Q1 profit despite higher oil, gas revenue from Iran war price spikes

Exxon Mobil signaled on Wednesday that first quarter earnings could decline from the previous quarter, with an expected multi-billion dollar hit related to

Wealthy nations slashed development aid in 2025 for second year in row, debt group says

By Colleen Goko JOHANNESBURG, April 8 (Retuers) - Wealthy nations slashed their development aid in 2025, probably by record-breaking amounts, a debt group said, ahead of data set to be released on

US carmakers say proposed EU rules could block large pickup trucks from Europe

U.S. carmakers say rules under consideration by Brussels could keep full-size pickup trucks including the Ford F-150, the Chevy Silverado and the

Protests over high fuel costs clog Dublin, other Irish cities for second day

Protesters calling for further government help to lower the cost of fuel clogged up busy thoroughfares and motorways with parked

IMF, World Bank and UN food agency say war is increasing food prices, insecurity

The World Bank, International Monetary Fund and the U.N.

Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal

A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one

Camp Mystic security guard says an early evacuation order could have saved lives

The security guard at Camp Mystic the night of last year’s deadly flood has acknowledged that if there was a general evacuation order early in the storm, lives could've been saved

Berkshire-owned PacifiCorp utility wins ruling that could reduce Oregon wildfire damages

An appeals court on Wednesday ruled in favor of Berkshire Hathaway's PacifiCorp unit over a series of Oregon wildfires in 2020, saying a trial judge erred in

Mother bear and cubs take up residence under New Jersey's family's home

Mother bear and cubs take up residence under New Jersey's family's home

Nature puts heat on blast as scorching temperatures take aim at eastern US

A long-lasting weather pattern is blasting hot air across the eastern United States

Allbirds, a former Wall Street darling fallen on hard times, looks to AI for its future

Allbirds, the eco-friendly shoe brand that was once a Wall Street darling and found its way onto the feet of tech CEOs and movie stars, is pivoting to artificial intelligence

Oil tankers steer clear of Hormuz ahead of US blockade

Two Iranian-linked tankers exited the Gulf on Monday as other vessels began avoiding the Strait of Hormuz after the U.S. said

Mount Holyoke’s corpse flower blooms again, drawing crowds to its ‘rotting flesh’ stench

Crowds gathered at Mount Holyoke College’s Talcott Greenhouse to witness the rare bloom of “Pangy,” a corpse flower known for its powerful odor resembling decaying flesh

Las Vegas business owners, drivers lament ongoing impact of high gas prices

Las Vegas business owners, drivers lament ongoing impact of high gas prices

Carmakers navigating the costly and tricky transition to battery storage systems

Carmakers and battery companies facing a weak U.S. market for electric vehicles are scrambling to repurpose battery factories

Japan offers $10 billion support to help Asian neighbours secure oil

Japan said on Wednesday it would establish a financial framework worth about $10 billion to help Asian countries procure energy

China moves to block entrance to disputed South China Sea shoal, images show

China is employing ships and a barrier to tighten control of the entrance to the Scarborough Shoal in the South China Sea amid

Kenyan court fines and jails Chinese man in ant-smuggling case

A Kenyan court on Wednesday ordered a Chinese man to pay a fine of 1 million shillings ($7,746) and gave him a 12-month jail term for trying to smuggle

BYD shuns price war in South Africa to build EV brand

Chinese electric vehicle maker BYD is deliberately avoiding a price war in South Africa as competition ramps up in the continent's second biggest