By Maria Merano Posted on November 28, 2021 Tesla Giga Berlin could start Model Y production by the end of December, according to German media outlet Automobilwoche. Brandenburg’s Office of the Environment could also grant Tesla’s long-awaited full approval for Giga Berlin in a few days, the report stated.  Brandenburg’s Office of the Environment finished online
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Oil crashed more than 10% in both London and New York as a new coronavirus strain sparked fears that renewed lockdowns will threaten the global recovery in demand. Both benchmarks tumbled on Friday with the emergence of the new variant representing the biggest threat to the recovery in oil consumption in several months, with a
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Oil prices suffered one of the largest ever one-day plunges, crashing more than 11% on Black Friday as a new coronavirus strain sparked fears that renewed lockdowns will hurt global demand. The crash, the 7th largest ever for Brent crude, the global oil benchmark, may prompt the OPEC+ cartel to re-consider its policy when it
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Parkland Corporation (TSX:PKI) announced earlier this week that it has initiated steps to pause refinery processing operations at the Burnaby Refinery. The company, which revealed that it will maintain the refinery in “ready-mode”, outlined that the decision was made in response to the “ongoing crisis” in British Columbia that resulted in the shutdown of the
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Electricity transmission pylons beside the gas-fired power plant, operated by Uniper SE, in Irsching, Germany, on Wednesday, July 7, 2021. Michaela Handrek-Rehle | Bloomberg | Getty Images LONDON — The Energy Charter Treaty is not widely known, yet it’s feared the influence of this international agreement could be enough by itself to derail hopes of
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Petroleum pump jacks are pictured in the Kern River oil field in Bakersfield, California. Jonathan Alcorn | Reuters The head of the world’s leading energy authority has said that some countries had failed to adopt a helpful position to calm soaring oil and gas prices, criticizing “artificial tightness” in energy markets. “[A] factor I would
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By Simon Alvarez Posted on November 25, 2021 Earlier this month, renewed discussions about the objections critics have concerning Tesla’s Gigafactory Berlin were completed. The discussions, which covered about 800 objections, were already a repeat of online meetings held back in October. Environmental groups against the electric vehicle production plant accused Brandenburg’s Office of the
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In this article ENEL-IT The CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution. “We have tried and tried — and when I say ‘we’, I mean the electricity industry,” Francesco Starace told CNBC’s Karen Tso on Wednesday. “You can imagine,
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Serica Energy plc (AIM: SQZ) has announced that first production has been achieved from its Columbus field, which is located in the Central North Sea. Hydrocarbons from the C1z development well started flowing on November 24 and co-mingled Arran and Columbus production streams are now being exported to the Shearwater platform for processing, Serica highlighted.
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Oil wells pumping outside of Midland Texas. Joe Sohm | Visions of America | Universal Images Group | Getty Images The Biden administration’s decision to release oil from U.S. reserves is a “mistake,” former U.S. Energy Secretary Dan Brouillette told on Wednesday. “I do think it’s a bad policy choice. There’s no question about that,”
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