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US-based Cenovus refinery to pay penalty for violating emissions rules

(Reuters) - A U.S.-based refinery owned by Canada's Cenovus Energy will pay a $19 million penalty and spend an estimated $150 million in capital investments after violating emissions rules, U.S.

EU changes hydrogen project auction rules to limit Chinese presence

By Julia Payne BRUSSELS (Reuters) - The European Union announced changes to its rules governing auctions for hydrogen grants in an effort to limit EU dependence on China in its renewable energy supply

Record Galapagos debt-for-nature swap scrutinized over transparency irregularities claims

By Marc Jones LONDON (Reuters) - The Inter-American Development Bank's oversight body is scrutinizing whether a record "debt-for-nature" swap struck by Ecuador for its Galapagos Islands last year

Colombia launches $40 billion investment portfolio for energy, climate transition

BOGOTA (Reuters) -Colombia has launched a new investment portfolio to help it transition away from fossil fuels and adapt to climate change, which it hopes will attract some $40 billion, an

Russian drought threatens 2025 grain crops

MOSCOW (Reuters) - Russia's winter crop sowing is in a very difficult situation due to severe drought, which is expected to seriously affect next year's harvest, analysts and farming company

Montenegro salt flats host volunteers observing bird migration

ULCINJ, Montenegro (Reuters) - Every year in September ornithologists and volunteers descend on a former salt lake in southeastern Montenegro, the most significant feeding point in the Adriatic for

Isaac becomes a hurricane, NHC says

(Reuters) - Isaac has become a hurricane, the U.S. National Hurricane Center said on Friday. Hurricane Isaac is packing maximum sustained winds of 75 mph (120 kph), the Miami-based forecaster said. (

BBVA, KKR form climate-focused strategic partnership

By Simon Jessop NEW YORK (Reuters) - Spanish lender BBVA and U.S. investor KKR said on Friday they had formed a strategic partnership focused on investments linked to the world's climate-driven

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

‘Zombie’ hurricane John comes back to life, lashing Mexico’s Pacific coast

MEXICO CITY (Reuters) -Hurricane John strengthened once again on Thursday as it hurled rain at Mexico's southwestern coast dotted with ports and tourist hotspots, an area already soaked by the

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?