Month: July 2021

(Bloomberg) — Oil edged higher as broader markets rebounded after a virus-fueled selloff on Monday. Futures in New York rose 1.5% on Tuesday with U.S. equities advancing. Oil declined the most since September on Monday, as countries around the world attempt to curb the spread of the highly transmissible delta variant of Covid-19. Oil will
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Power plant querbeet | E+ | Getty Images Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy measures, according to the International Energy Agency, with the Paris-based organization forecasting that carbon dioxide emissions will hit record levels in 2023. Published on Tuesday, the IEA’s
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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
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Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Joaquin Valley. George Rose | Getty Images News | Getty Images West Texas Intermediate crude futures fell below the key $70 level Monday for the first time in more than
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Texas’ upstream oil and gas sector added 8,766 net jobs during the first half of 2021 when compared to the second half of 2020, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported Friday. “Demand for our product and commodity prices are continuing to improve, with some analysts forecasting the largest increase in global
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(Bloomberg) — Exxon Mobil Corp. recruited a company outsider for the first time to join the chief executive officer’s inner circle of managers, a move that comes just weeks after the oil giant suffered a stunning setback at the hands of a tiny activist investor. Kathryn Mikells will join Exxon Aug. 9 as chief financial officer from
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(Bloomberg) — The Biden administration is poised to issue new cybersecurity regulations for pipelines and liquefied natural gas facilities in the aftermath of the April hack that temporarily paralyzed the nation’s biggest liquid fuel conduit. The rules, which could be released as early as this week by the Transportation Security Administration, are the second tranche
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(Bloomberg) — Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent virus shook investor confidence in the global economic recovery. Futures in New York fell 7.5% on Monday, the largest decline since September. OPEC and its allies agreed to monthly supply hikes of 400,000 barrels a
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Originally published at ILSR.org  Our new report finds that installing rooftop solar panels and community solar systems to serve the equivalent of 30 million American homes would create significant economic benefits — including 1.77 million jobs and $69 billion electricity bill savings over the next five years — while addressing the climate crisis and historic inequities. The
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By Maria Merano Posted on July 18, 2021 Rivian vehicles were spotted at Pikes Peak recently. Rivian R1T deliveries are expected to start later this Fall. Nathan Schenk saw a pack of three Rivian electric vehicles near Pikes Peak’s toll booths on Sunday. He shared a rare photo of a stock Rivian R1S in front
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Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia April 9, 2020. Saudi Press Agency | Reuters OPEC and its non-OPEC allies reached a deal Sunday to phase
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By Joey Klender Posted on July 17, 2021 Tesla is closing its first-ever Supercharger to the public. The Supercharger is located at SpaceX Headquarters and Tesla’s Design Studio in Hawthorne, California, in southwestern Los Angeles. Since September 2012, the Supercharger has been operating for owners in the Los Angeles area. It has been a monumental
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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
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