The S & P 500 concluded a topsy-turvy — yet winning — first quarter of 2023 on Friday, overcoming a shock to the U.S. banking system in March to rise around 7%. The tech-heavy Nasdaq Composite proved to be the real standout, soaring nearly 17 % . The 30-stock Dow Jones Industrial Average , meanwhile,
Gulf Keystone Petroleum Ltd. will become the latest oil producer in Iraqi Kurdistan to cut production, as a legal spat between the region’s government and Baghdad that’s pushed up crude prices drags on. The London-listed company said it expects to shut-in Shaikan field flows processed at Production Facility 1 on Friday. Those that go to Production Facility
By Joey Klender Posted on March 31, 2023 Amazon has announced a few milestones within its Rivian Electric Delivery Vehicle (EDV) fleet. Since launching the delivery of packages using the all-electric vans Rivian developed especially for its partnership with Amazon, the e-commerce giant has accumulated more than 3,000 EDV units from the Normal, Illinois-based automaker.
People walk through the Brooklyn Bridge during a strike for climate on March 03, 2023 in New York City. Protesters demand New York State support found and pass the Climate Jobs, and Justice Package. Leonardo Munoz | Corbis News | Getty Images New York has finalized a list of disadvantaged communities that are mandated to
SBM Offshore has announced that the FPSO One Guyana has arrived in drydock at the Keppel shipyard in Singapore. In a statement posted on social media, the company described the development as a “key milestone” in the project. The company noted in the statement that One Guyana is the latest FPSO under construction by SBM
By William Johnson Posted on March 30, 2023 In a letter to the NHTSA, Ford announced that it is abandoning its petition that would allow it to operate autonomous vehicles without physical human controls. Autonomous vehicle technology has grown in popularity since the launch of Tesla’s suite of autonomous driving offerings. Now, countless automakers, including
Aventon’s Pace 350 and Pace 500 e-bikes have long been the brand’s main commuter models for budget-minded riders still looking for a quality electric bike for riding to work or running errands. Now the company has launched its third generation models known as the Pace 350.3 and Pace 500.3. And they’re better than ever. At
Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. Bankman-Fried’s attorney, Mark Cohen, said he plans to file a motion that his client not be tried on all the counts, arguing that he cannot
The EU has pledged to wean itself off Russian fossil fuels by 2027 in response to President Vladimir Putin’s full-scale invasion of Ukraine. Christian Charisius | Afp | Getty Images The European Union is poised to ramp up its 2030 renewable energy targets, accelerating a shift away from fossil fuels as the bloc seeks to
Shell Plc investors are showing more interest in energy security in the wake of the crisis triggered by Russia’s invasion of Ukraine, according to Chief Financial Officer Sinead Gorman. New Chief Executive Officer Wael Sawan is preparing to lay out Shell’s strategy at a capital markets day event in June, which could see the company
By William Johnson Posted on March 29, 2023 Lilium, a leading developer of eVTOL technology, has entered talks to acquire more funding amid criticism regarding its product design. Competition within the electric mobility space is brutal, and nowhere is that more evident than in the electric aircraft space. There are countless companies, all of which
Four Club holdings — including Meta Platforms (META) and Pioneer Natural Resources (PXD) — are among the 12 best-positioned stocks right now, investment bank Bernstein told clients Wednesday. We share the favorable outlook on Meta and Pioneer, but aren’t as high on the two other Club names Bernstein highlighted: Qualcomm (QCOM) and Devon Energy (DVN).
A fleet of tankers carrying millions of barrels of oil is backed up off the coast of France as strikes over pension reform rumble on. Vessels holding at least 14 millions of barrels of crude oil are currently floating off the country’s shores, according to tanker-tracking data compiled by Bloomberg. With strikes hampering port operations, supplies
By William Johnson Posted on March 28, 2023 Nissan has teased an all-new electric conversion of an R32 Nissan Skyline GTR in a video posted on their YouTube channel. One of the most impressive vehicles that Nissan has ever made was its Skyline coupe, which eventually evolved into the GTR supercar offering the brand sells
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
The current German coalition government is seeking to accelerate the country’s transition away from fossil fuels and nuclear to renewable and sustainable production energy means. Sean Gallup | Getty Images News | Getty Images The global energy transition is off track to prevent the worst impact of the climate emergency, according to the head of
France’s oil-processing industry is running at a fraction of normal capacity as worker strikes enter their fourth week. Four of the nation’s six refineries are barely operating after Exxon Mobil Corp. started taking the larger of its two French facilities out of service at the weekend because it can’t get crude into the site. The
By William Johnson Posted on March 27, 2023 New data from Recurrent Auto show that used EV batteries are lasting far longer than critics claim. Talk to anyone even remotely on the fence about buying an electric vehicle, and you will surely hear one worry above all others; “What happens when the battery dies? Those
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Attorney Steven Donziger arrives for a court appearance at Daniel Patrick Moynihan United States Courthouse in Manhattan on May 10, 2021 in New York City. Michael M. Santiago | Getty Images The Supreme Court refused Monday to consider the appeal of a disbarred lawyer jailed
Trafigura Group was investigated by the US Department of Justice over commodity price manipulation, according to a filing from a case involving one of the company’s former oil products traders. Ex-Trafigura trader Charlotte Bamber entered into a non-prosecution agreement with the DOJ in 2020, admitting to wire fraud and commodity price manipulation while working at
- 1
- 2
- 3
- …
- 227
- Next Page »