Justin Merriman | Bloomberg Creative Photos | Getty Images This year’s COP26 climate change conference must consign coal to the past, according to the U.K. lawmaker who will lead formal negotiations at the summit. In a wide-ranging speech delivered on Friday, COP26 President-designate Alok Sharma sought to emphasize the importance of ending international coal financing,
Month: May 2021
(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.) The oil and gas markets witnessed significant excitement this past week, with the ongoing impact of the Colonial Pipeline cyberattack. Looking beyond the Colonial situation, however, one of Rigzone’s
By Joey Klender Posted on May 14, 2021 Tesla is making changes to the delivery timelines for those customers who have purchased a Model X “Refresh.” Now, owner’s accounts are displaying an estimated delivery date of October for orderers, pushing the expected delivery date back several months depending on the owner. Several Tesla Model X
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including Tesla cooling down on Bitcoin, Ford talking F150 Lightning, Mercedes-Benz unveiling EQT, and more. Thank you to Volkswagen’s new ID.4 for sponsoring today’s show! The show is back live every Friday at 4 p.m. ET
Storage tanks at a Colonial Pipeline Inc. facility in Avenel, New Jersey, on Wednesday, May 12, 2021. Mark Kauzlarich | Bloomberg | Getty Images The recent ransomware attack on Colonial Pipeline was an all too familiar story to businesses across the United States. The pipeline, which supplies fuel to some 50 million people from the
Monty Rakusen | Cultura | Getty Images A project aiming to harness geothermal energy from disused, flooded coal mines in the northeast of England took another step forward this week after it was given planning permission for an initial testing phase. In an announcement Monday, South Tyneside Council said the development would “draw geothermal energy
Two major players in Alberta’s oil and gas industry announced a new hydrogen project recently. There was much rejoicing from people who think it’s a great step forward. The details say otherwise. Suncor is one of the last remaining oil and gas majors in Alberta’s oil sands. It’s a vertically integrated oil and gas company,
US President Joe Biden speak about the Covid-19 response and the vaccination program in the State Dining Room of the White House on May 4, 2021. Nicholas Kamm | AFP | Getty Images WASHINGTON — President Joe Biden on Thursday cautioned Americans against the temptation to start “panic buying” fuel in the wake of a
(Bloomberg) — Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction. The company paid the hefty ransom in untraceable
By Joey Klender Posted on May 13, 2021 Tesla’s Giga Texas production facility is rumoredly undergoing some test runs of the Model Y’s rear, one-piece casting months ahead of its scheduled initial production phases, according to some close to the project. Tesla has spent the last year developing land and constructing its largest Gigafactory production
[The stream is slated to start at 11:50 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to deliver remarks about the ransomware attack on Colonial Pipeline, which forced the company to shut down operations and led to widespread fuel shortages in
Courtesy of Union Of Concerned Scientists.By Jessica Collingsworth, Energy policy analyst Special thanks to Brian Urbaszewski, Director of Environmental Health Programs at Respiratory Health Association, for contributing to this post and the development of the University of Wisconsin – Madison (UW) Analysis. In Illinois, the economic competitiveness of our aging and inefficient coal-fired power plants is in decline.
U.S. President Joe Biden delivers remarks on the COVID-19 response and the ongoing vaccination program at the Eisenhower Executive Office Building on May 12, 2021 in Washington, DC. Drew Angerer | Getty Images WASHINGTON — President Joe Biden signed an executive order Wednesday aimed at strengthening U.S. cybersecurity defenses, a move that follows a series
GERARD JULIEN | AFP | Getty Images Oil companies will increase their investment in renewables over the coming years but won’t become major investors in the technology that underpins the sector, according to a lead author of the International Energy Agency’s Renewable Energy Market Update. Speaking to CNBC’s “Street Signs Europe” on Tuesday, Heymi Bahar
During a White House press conference Tuesday, U.S. Secretary of Energy Jennifer Granholm said that she hopes Colonial Pipeline will be able to restore operation by week’s end. In a response to a reporter’s question about the feasibility of shipping fuel via rail cars to areas of the Southeast grappling with tight fuel supplies while
By Simon Alvarez Posted on May 12, 2021 Recent reports have suggested that Tesla is looking to enter the United States’ multi-billion-dollar renewable credit market, which would allow the company to profit from the Biden administration’s efforts to meet its aggressive zero-emissions goals. The update about the EV maker’s strategy was related to Reuters by two individuals
Autonomous rideshare rivals Waymo and Cruise have both reportedly applied for permits to charge passengers for self-driving rides in the San Francisco Bay area. The applications are still under review but could be a major step toward autonomous rideshare vehicles operating as commonplace soon. Waymo was launched in 2009 by Google’s parent company Alphabet, Inc.,
In this article IBE-ES This image shows one of the wind turbines at the Block Island Wind Farm, located in waters off Rhode Island. Don Emmert | AFP | Getty Images The U.S. offshore wind sector took a major step forward Tuesday after authorities gave the green light for the construction and operation of the
By Anne Kramer Sustainability is my passion. I work in corporate sustainability and try to live as sustainably as possible. Until a year ago, this largely meant recycling, minimizing waste, and using reusable bags. Yet, my eyes were recently opened by the nonprofit Electrify Now to the biggest culprit of my carbon footprint: burning fossil
Image showing the Colonial Pipeline Houston Station facility in Pasadena, Texas (East of Houston) taken on May 10, 2021. Francois Picard | AFP | Getty Images If the Colonial Pipeline is not back in business by the weekend, prices could continue to rise at the pump and there will be broader localized fuel shortages across
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