Month: October 2020

(Bloomberg) — Oil slid to a three-week-low amid concerns that rising coronavirus cases coupled with diminishing prospects for a U.S. stimulus deal will crimp the demand recovery. Futures in New York fell 3.2% on Monday as hopes of a virus relief package before the election faded. At the same time, Europe took a step closer to
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October 26th, 2020 by Johnna Crider  Stäubli is participating in strategic cooperation for safer photovoltaic systems with the Laboratory for Photovoltaic Systems of the Bern University of Applied Sciences, according to a new press release. The Stäubli Group focuses on reliable, dependable electrical connection solutions for many industrial sectors. Stäubli’s focus is on three core
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Rigzone’s downstream-focused readers devoted considerable attention to an offshore pipelay project and efforts to reduce carbon dioxide emissions, according to recent pageview data. Keep reading for summaries and links to the articles. TechnipFMC Gets Significant Equinor EPCI Deal TechnipFMC revealed that it won an engineering, procurement, construction and installation (EPCI) contract for Equinor’s Breidablikk project.
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October 25th, 2020 by Zachary Shahan  “If it ain’t broke, don’t fix it.” That’s a maxim that I imagine could get you fired from Tesla. Tesla is obsessively focused on “fixing” what is working fine but not working as well as it could be. Tesla is obsessively trying to take products and systems apart, whittle
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(Bloomberg) — Alberta’s two-year experiment with OPEC-style crude production curbs is coming to an end after a Covid-driven collapse in demand led the Canadian province’s battered oil-sands industry to idle more output than required. A cap on production that’s currently at 3.81 million barrels a day will no longer be in effect in December, with
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A new Consumer Reports study shows what many of us who have been driving electric vehicles (EVs) have already known—that consumers can save money with an electric vehicle over the lifetime of the vehicle. Last year, we published our own comparison of the total cost of ownership between EVs and comparable gas vehicles, using data
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(Bloomberg) — Oil retreated as a further increase in Libyan output threatens to return more supply to a market that’s already grappling with a pandemic-induced slump in demand. Crude futures fell 1.9% in New York on Friday and posted their first weekly decline in three. Libya lifted force majeure on its Ras Lanuf and Es
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October 23rd, 2020 by Zachary Shahan  People who don’t follow cleantech, or individual cleantech industries, often think that solar, wind, and batteries are sort of small, niche markets. Actually, these have become large markets in recent years and are often the quickest growing markets. Similarly, related smart grid and energy efficiency companies are booming. Need
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