Month: October 2021

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. Sponsored by Holley Performance: Check out the Holley High Voltage Experience, an all EV event taking place at Sonoma Raceway this November 13th and 14th. New episodes of Quick Charge
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Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters DUBAI, United Arab Emirates — Saudi Arabia’s oil giant Aramco posted a stunning 158% increase in third quarter net income to $30.4 billion dollars, as the world’s largest oil companies continue to benefit from the reopening
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A few weeks ago, right-wing media site NewsMax ran a piece centered around an out-of-context Elon Musk quote. “If we shift all transport to electric than electricity demand approximately doubles … this is going to create a lot of challenges with the grid,” NewsMax quoted Musk as saying, before going on to scare readers about
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Oil posted a monthly gain of 11% on signs that consumption is outpacing supply and draining stockpiles. Futures in New York rose 0.9% on Friday. Oil’s advance this month shows the impact of an ongoing shortage of natural gas, which has boosted demand for oil products. At the same time, rising margins signal that crude
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A recent check of the live feed from the NEM showed Australian wind generations’ small but increasing contribution to the grid. One discovery I made was that there did appear to be a time when the wind didn’t blow. Angus and Barnaby would be glad about that. The largest states by population (and energy use)
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By Joey Klender Posted on October 29, 2021 E-commerce powerhouse Amazon has disclosed a 20% ownership stake in Rivian, an electric vehicle company from Normal, Illinois, a filing with the SEC reveals. Amazon filed a 10-Q document with the SEC earlier today that summarized the company’s position and financials at the end of Q3 2021.
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Gasoline prices at a Royal Dutch Shell Plc gas station in San Francisco, California, U.S., on Wednesday, July 7, 2021. David Paul Morris | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported weaker-than-expected third-quarter earnings and announced it had set itself a bigger carbon reduction target. The Anglo-Dutch company
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