(Bloomberg) — It was a stunning moment for Exxon Mobil Corp. and the wider corporate world: a tiny activist fund had succeeded in changing the company’s board. But in the hours leading up to this week’s annual shareholders meeting, Exxon went to extraordinary lengths to head off the threat from a campaign about which it had been
Month: May 2021
By Simon Alvarez Posted on May 31, 2021 Hyundai is determined to be recognized as a legitimate and formidable competitor in the electric vehicle sector. And based on the South Korean automaker’s recent statements, it appears that Hyundai is setting its sights on some of the market’s most prominent players, including Tesla and Ford, both
I’m not going to lie — I’m a sucker for community solar projects. In terms of pure output or emissions reduction, they don’t touch utility-scale solar projects. However, they bring a lot more people into the economic benefits that come from solar power. The latest community solar news I’ve seen is that Pivot Energy, which
(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Inflation, India, and Iran have figured prominently in global energy markets recently, and the past week has been no exception. In this latest installment of weekly oil and gas
By Eric Ralph Posted on May 30, 2021 A local resident and unofficial SpaceX observer has reported hearing a test of one of Starship’s Raptor engines that lasted more than five minutes at the company’s McGregor, Texas development facilities. If accurate, it could be the longest static fire of a Starship engine that SpaceX has
Summer might not be here yet, but this weekend at least marks the unofficial start of summer in the US – and thus a great time to soak up the good weather outdoors on an electric bicycle. With global electric bicycle use surging, we caught up with the US’s largest electric bike manufacturer, Rad Power
In this article MSCI A home is seen destroyed in the aftermath of Hurricane Delta in Creole, Louisiana, U.S., October 10, 2020. Picture taken with a drone. Adrees Latif | Reuters Climate change is the single greatest challenge humankind has faced and its consequences are already all too apparent. There has been an enormous rise
A Tesla Powerpack recently stepped in to save the day when a coal-fired plant at the Callide Power Station in Queensland, Australia, exploded. Teslarati reported that the explosion resulted in mass power outages from the border of New South Wales to Cairns, with over 470,000 customers affected. The explosion also caused a cascading impact on
The overall U.S. rotary rig count increased by two to 457 drilling units this week, Baker Hughes Co. (NYSE: BKR) reported Friday. In its weekly count of operating rigs Baker Hughes noted the U.S. oil rig tally rose by three to 359. The U.S. gas rig total declined by one to 98 and the miscellaneous
By Joey Klender Posted on May 29, 2021 Tesla has delayed its Model S Plaid delivery event to June 10th, after CEO Elon Musk said the vehicle needs “one more week of tweak.” On May 20th, Tesla CEO Elon Musk announced that the automaker would officially begin delivering the long-awaited Model S Plaid variant to
In this article NEE DUK AES VST TSLA Tesla CEO Elon Musk announced in 2015 that the electric-vehicle company would be getting into the energy business. Now, it’s starting to take off. On its Q4 2020 earnings call, the company said its battery deployments increased 83% in 2020, particularly thanks to the popularity of the
The U.S. Department of Energy (DOE), in partnership with the National Alliance for Water Innovation (NAWI), announced a $6.5 million request for proposals (RFP) to develop new technologies for purifying non-traditional water sources. The advancements in desalination technologies will help propel the modernization of America’s water infrastructure, increase access to clean, potable water and move the
In this article EQNR-NO SGRE-ES This photo shows wind turbine parts at a port in Ostend, Belgium. Philippe Clément/Arterra | Universal Images Group | Getty Images European ports will require new infrastructure and significant investment over the next few years to cope with the growth of the region’s offshore wind sector, according to a new
(Bloomberg) — Oil posted its biggest weekly gain since the middle of April ahead of the U.S. Memorial Day weekend that kicks off the country’s summer driving season. West Texas Intermediate rose 4.3% this week. A spate of positive U.S. economic data this week continued to highlight the recovery taking shape in the world’s largest
By Joey Klender Posted on May 28, 2021 Tesla has released its Conflict Mineral Report for the fiscal year ending on December 31, 2019. In the report, Tesla outlined its processes for securing minerals used in its products, ensuring they are obtained in humane ways that do not involve any child labor, human trafficking, or
Electric bicycles have exploded in popularity in the US and around the world. They provide the same personal mobility convenience as a bicycle, yet use an electric motor to help riders travel faster, farther, up steep hills and without the same level of exhaustion. While some low-cost electric bikes have sacrificed quality and longevity for
A logo on storage silos at the Total SE Grandpuits oil refinery in Grandpuits-Bailly-Carrois, France, on Thursday, May 27, 2021. Cyril Marcilhacy | Bloomberg | Getty Images LONDON — Investors in French oil giant Total on Friday backed the company’s strategy at its annual shareholder meeting, including plans to tackle the climate emergency, according to
With variable renewable energy (VRE) expected to become a much larger share of the global energy mix, storage solutions are needed beyond short-duration timescales, such as standard commercial batteries, which are suitable for covering hourly differences in net load. A Nature Energy “News & Views” article by National Renewable Energy Laboratory (NREL) research engineer Omar J. Guerra
In this article ENR-DE ORSTED-DK This picture taken on March 4, 2021 shows wind turbines at an offshore wind farm in waters off South Korea. JUNG YEON-JE | AFP | Getty Images Energy firm Orsted has signed a memorandum of understanding with South Korean conglomerate POSCO that will focus on offshore wind and renewable hydrogen.
Members of the environmental group MilieuDefensie celebrate the verdict of the Dutch environmental organisation’s case against Royal Dutch Shell Plc, outside the Palace of Justice courthouse in The Hague, Netherlands, on Wednesday, May 26, 2021. Peter Boer | Bloomberg | Getty Images LONDON — Some of the world’s largest corporate emitters have suffered a series
- 1
- 2
- 3
- …
- 9
- Next Page »