Workers are seen at the construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, Leningrad region, Russia, June 5, 2019. Anton Vaganov | Reuters As a business executive friend of mine texted me Wednesday, “Europe feels like it’s starting to panic.” He’s right. The concerns about energy supplies are accelerating
Mohammad Sanusi Barkindo, secretary general of the Organization of Petroleum Exporting Countries. Aaron M. Sprecher | Bloomberg | Getty Images Mohammad Barkindo, a Nigerian politician and the secretary general of oil group OPEC, has died at the age of 63. The head of Nigeria’s National Petroleum Corporation, Mele Kyari, announced the news in a tweet Wednesday, which was confirmed by two sources at OPEC. “We lost our esteemed Dr Muhammad Sanusi Barkindo,” a tweet early Wednesday morning from his verified Twitter handle read. “He died at about
Russia says it stands ready to supply gas to Europe, describing ongoing disruption concerns as a “man-made crisis” created by Europe. Bloomberg | Bloomberg | Getty Images Russia is poised to temporarily shut down the Nord Stream 1 pipeline — the European Union’s biggest piece of gas import infrastructure — for annual maintenance. The works
Oil posted its worst trading day in almost three months as recession fears gripped markets, outweighing a fundamentally tight supply market. West Texas Intermediate crude futures settled below $100 on Tuesday after falling more than 8%, the most since March 9. Risk-off sentiment spread throughout markets on escalating concerns that a global economic slowdown will
By Eric Ralph Posted on July 5, 2022 After several weeks of work back at SpaceX’s Starbase rocket factory, the company has transported a new and improved Starship prototype to nearby test and launch facilities, where it joined a similarly upgraded Super Heavy booster. That Starship prototype – Ship 24 or S24 – is closely
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices tumbled Tuesday with the U.S. benchmark falling below $100 as recession fears grow, sparking fears that an economic slowdown will cut demand for petroleum products. West Texas
Bitcoin just finished its worst month since May 2021, losing more than 38% of its value in June, as of Thursday afternoon. Ether, the world’s second biggest cryptocurrency by market capitalization, ended the same period down by about 47%. Though weakness in the digital assets sector is part of a broader flight from risk, confidence in the crypto market,
A report completed by the Offshore Wind Skills Intelligence Report has outlined that the sector will become a meaningful employer in the UK, employing in the region of 100,000 people in the industry by 2030. The East of England Energy Group (EEEGR) welcomed the report from the Offshore Wind Industry Council which demonstrates huge potential
By Maria Merano Posted on July 4, 2022 Since January 2022, Tesla has built over 1,200 Supercharger stations with more than 8,700 Superchargers in Mainland China. Tesla also installed 700 destination charging stations with 1,800 destination charging piles in various hotels/resorts, dining halls, shopping centers, and office buildings in the country. Tesla China’s Supercharger stations
Tesla has unveiled a new solar range extender trailer with a SpaceX Starlink internet satellite system at an exposition in Germany, but don’t expect to be able to buy it anything soon. As electric vehicles become more efficient, many are starting to think about the potential of adding solar panels to EVs to extend the
The G7 has floated the idea of an oil price cap, but experts are doubtful about how effective this would be. Picture Alliance | Picture Alliance | Getty Images The world’s seven-largest industrialized economies have floated the idea of a price cap on Russian oil to further squeeze the Kremlin’s ability to fund its onslaught
A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June 19, 2022. Luke Sharrett | Bloomberg | Getty Images Surging gasoline prices in the U.S. are showing signs of impact on consumption, according to one risk analyst. “We’re starting to see
European-brokered efforts to revive the Iran nuclear deal are likely to resume following US President Joe Biden’s visit to the region this month, after an intense round of talks in Doha failed to overcome differences. Two European diplomats with direct knowledge of this week’s negotiations said that, while talks didn’t progress, efforts to resurrect the
By Maria Merano Posted on July 3, 2022 Germany’s Federal Motor Transport Authority or Kraftfahrtbundesamt (KBA) issued a Tesla recall over a software malfunction with the auto emergency calling (e-call) feature in Model Y and Model 3 units. “Software error leads to failure of the e-call system,” described the agency.” The e-call system contacts first
In this article DTG-DE U.K.-based startup Tevva on Thursday launched a hydrogen-electric heavy goods vehicle, becoming the latest company to make a play in a sector attracting interest from multinationals like Daimler Truck and Volvo. According to Tevva, which says it has raised $140 million in funding, its vehicle will have a range of as
Steam rises from the cooling towers of the coal-fired power plant at Duke Energy’s Crystal River Energy Complex in Crystal River, Florida, U.S., March 26, 2021. Dane Rhys | Reuters On Thursday, the Supreme Court changed the rules of the game in the race to limit global warming by constricting the Environmental Protection Agency’s authority
TotalEnergies has announced a discount on fuel prices at highway stations in France for the summer holiday season. Picture Alliance | Picture Alliance | Getty Images French oil major TotalEnergies on Thursday announced a discount on fuel prices at nationwide highway stations for the summer holiday season, acknowledging the “great tension” in energy markets following
Here are some of Rigzone’s top stories during the last week, just in case you missed them… USA Energy Sec Leads Meeting with 7 Major Oil Companies The U.S. Department of Energy (DOE) confirmed last week that Secretary of Energy Jennifer M. Granholm led an in-person meeting with CEOs and executives of seven major U.S.
By Joey Klender Posted on July 2, 2022 Tesla (NASDAQ: TSLA) said it would announce its Earnings for the second quarter of 2022 on Wednesday, July 20, 2022, at 5:30 p.m. Eastern Time. Tesla will first release a Shareholder Deck at market close, which will then be followed by the company’s Earnings Call at around
Tesla announces its second quarter (Q2) 2022 production and delivery results today and confirmed just over 250,000 deliveries – its first down quarter in a long time. While most of the auto industry saw a significant decline in deliveries in 2020 due to the pandemic and subsequent chip shortage, Tesla managed to grow at an
- 1
- 2
- 3
- …
- 164
- Next Page »