Month: October 2020

Monty Rakusen | Cultura | Getty Images Company: Contura Energy, Inc. (CTRA) Business: Contura is large scale provider of metallurgical (“met”) and thermal coal. The company has mining operations across coal basins in Pennsylvania, Virginia and West Virginia. It supplies both metallurgical coal to produce steel and thermal coal to generate power. The met coal
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(Bloomberg) — Oil posted its largest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery. Futures fell 1.1% in New York on Friday to end the week below $36 a barrel taking their cue from a broader market selloff and the worst week for U.S.
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October 30th, 2020 by Guest Contributor  Courtesy of Union Of Concerned Scientists.By Nicole Pinko, Corporate Analyst In an unexpectedly less terrible turn of events, 2020 has seen several oil and gas companies announce more ambitious climate targets. Just last week, ConocoPhillips released a new “net-zero” climate ambition, becoming the first US oil and gas company to
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By Joey Klender Posted on October 30, 2020 Tesla has outsold Volkswagen, Renault, Hyundai-Kia, and BMW in electric vehicle sales in 2020 so far, new data shows. The Elon Musk-led Tesla, based out of Silicon Valley, California, holds 18% of the total 2020 market share in EV sales. The next closest automaker is Volkswagen, with
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(Bloomberg) — Oil futures fell to multi-month lows as record growth in coronavirus cases in the U.S. and Europe raised the specter of more demand destruction from tighter lockdown measures. Futures in New York fell to their lowest since June, while the global Brent benchmark slid to a five-month low. The Covid-19 surge in the U.S. Midwest rose
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Tesla is apparently starting to test discounted rates at Supercharger stations in order to offset expensive peak demand charges. Do you think it’s going to work? Electric utilities are making large energy users pay ‘demand charges’ during peak use that can be quite taxing, especially to charging station operators. Charging stations by nature suffer from
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A Shell tanker truck delivers fuel to a gas station, operated by Royal Dutch Shell Plc., in Rotterdam, Netherlands. Jasper Juinen | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported better-than-expected third-quarter earnings and announced plans to increase its dividend to shareholders. The Anglo-Dutch company reported adjusted earnings of
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(Bloomberg) — Oil hit a four-month low in London alongside a broader market selloff as swelling U.S. crude stockpiles added to concerns that a fresh surge in coronavirus cases may derail the global economic recovery. Global benchmark Brent futures plunged to the lowest since June, while futures in New York slid 5.5% on Wednesday, falling
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October 27th, 2020 by Press Release  Penske is first truck leasing and rental company to deploy electric vehicles with customers operating in California LIVONIA, Michigan — ROUSH CleanTech, known for its advanced clean transportation solutions, is providing Penske Truck Leasing with all-new Ford F-650 battery electric vehicles later this year for deployment across Southern California.
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By Maria Merano Posted on October 27, 2020 The official EPA range and efficiency ratings for Tesla’s Model 3 “refresh” have been posted, and they are quite impressive. Apart from the expected range upgrades listed by Tesla in the vehicle’s online configurator, it appears that the Model 3’s efficiency has also seen some improvements. As
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