In this article VOW3-DE As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.” VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last
California’s carbon market was supposed to be a model for the US, harnessing the power of capitalism to fight climate change in the world’s fifth-biggest economy. But nearly 10 years after “cap and trade” began, there’s little proof the system has had much direct impact on curbing planet-warming pollutants. California has seen big cuts in
By Simon Alvarez Posted on May 15, 2022 Some Tesla Supercharger stations are getting their cables cut by vandals, and nobody can really pinpoint the reasons why. Images of damaged Tesla Superchargers have been shared in recent weeks on platforms such as Reddit. In one Cincinnati Supercharger, for example, a Supercharger site was attacked to
Electric cargo bikes, especially four-wheeled versions that function as mini delivery vans, are becoming an increasingly common solution for mail delivery around the world. As the USPS struggles with its own delivery van ordering scandal, the latest example of alternative lightweight and efficient electric four-wheeler delivery vehicles sees yet another European country demonstrating the effectiveness
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO. The Saudi Arabian behemoth said net income rose 82% to
Here are some of Rigzone’s top stories during the last week, just in case you missed them… Massive Heerema Thialf Vessel To Start Kinsale Head Removal Heerema’s semi-submersible crane giant Thialf is set to kick off the Kinsale Head platform removal campaign for PSE Kinsale Energy in May. Read full article here OPEC Kingpins Sound
By Joey Klender Posted on May 14, 2022 Ford Motor Co. sold $188.2 million additional shares of electric vehicle company Rivian on Friday after already selling $214 million shares earlier this week. Filings with the SEC on Friday reveal Ford sold around 7 million shares of Rivian, which has struggled to gain momentum in the
Societe Generale’s global head of economics, Kokou Agbo-Bloua, explains why the firm is changing up the traditional 60/40 portfolio. Bonds are usually seen as a safer investment than stocks and investors use them to balance the risk in their portfolios — traditionally with a 60% equity and 40% bond split. But both bonds and stocks
A subsidiary of the Malaysian state-owned oil and gas company Petronas has announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tons per annum of LNG from Venture Global’s Plaquemines LNG facility. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of
By Joey Klender Posted on May 13, 2022 Tesla is set to release a new version of the Full Self-Driving Beta program this weekend with Software Update 10.12, and CEO Elon Musk even said the automaker could expand the size of the Beta fleet in June. Tesla has attempted to release updates and improvements to
Heading into the weekend, Greekworks is kicking off its latest sale and discounting a selection of its popular electric mowers in the process. Taking 15% off a selection of ways to get the lawn in shape for spring, you’ll find high-end self-propelled models to go alongside more affordable ways to kick gas and oil to
A shopper at a San Francisco grocery store on May 2, 2022. David Paul Morris | Bloomberg | Getty Images Inflation is a growing concern as Americans spend hundreds more every month. But some retirees may avoid the sting of price hikes for gasoline, groceries and other costs. Annual inflation rose by 8.3% in April,
In this article GS TSLA Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely silly.” Jim Watson | AFP
Goldman Sachs has listed a number of buy-rated stocks it says have strong fundamentals and above-average returns, which investors could gravitate to in an uncertain market. The analysts’ picks are companies it expects to reduce greenhouse gas emissions, as investors become increasingly focussed on the issue. “Investor focus will heighten towards those companies able to
Oil managed a slim gain with the IEA highlighting the precariously tight state of global fuel stockpiles, while the EU signalled its members may not yet be able to agree on a Russian oil ban. West Texas Intermediate settled near $106 after fluctuating for most of the session on Thursday. European Union nations say it
By Joey Klender Posted on May 12, 2022 Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio to Foxconn after the two companies signed a contract manufacturing agreement and joint venture agreement for product development. After several years of delays and challenges that prevented the launch of its
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by region. Yasin Ozturk | Anadolu Agency | Getty Images Retail diesel and gasoline prices climbed to another record high Thursday,
President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) at Mizata Beach, El Salvador, where he announced “Bitcoin City”, on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador just added another $15.5 million worth of bitcoin to its balance sheet,
Members of the environmental group Just Stop Oil blockade a BP petrol station in London on April 28, 2022. The activist group is calling for the U.K. government to commit to halting new fossil fuel licensing and production. Kristian Buus | In Pictures | Getty Images LONDON — Some of the world’s largest corporate emitters
Oil rallied as the European Union continued to haggle with holdouts over a Russian crude ban while a US government report showed fuel inventories plunging ahead of the summer driving season. West Texas Intermediate futures rebounded over $5 on Wednesday, halting a two-day slide in which futures shed more than $10. On Wednesday, Hungary said
- 1
- 2
- 3
- …
- 151
- Next Page »