By Joey Klender Posted on December 31, 2021 The Tesla Model 3 will undoubtedly be named Europe’s best-selling electric vehicle of 2021, based on data provided by registration trackers. The Model 3 is Tesla’s first mass-market vehicle, and it was eventually followed by the company’s Model Y crossover. The all-electric Model 3 sedan has been
Month: December 2021
Dominion Energy Inc. closed the sale of Questar Pipelines to Southwest Gas Holdings Inc., a deal that spurred criticism and a takeover attempt from activist investor Carl Icahn. Southwest bought Questar and its transportation and storage assets in Utah, Wyoming and Colorado in a transaction valued at $1.975 billion including $430 million of debt, according
By Joey Klender Posted on December 30, 2021 It seems that Tesla will avoid a massive $41.2 million penalty from the State of New York. The electric automaker and energy storage company has met an employment headcount figure that was agreed upon by the two entities years ago, but it will not be finalized until
Stockholm-headquartered Hexicon, which develops floating offshore wind farms and designs patented dual turbine floating wind power platforms, has formed a 50-50 joint venture with Bologna-based clean energy developer Avapa Energy to develop offshore floating wind farms for Italy. The new joint venture is called AvenHexicon, and it will identify sites for floating wind farms and
Gazprom PJSC has finished preparing the controversial Nord Stream 2 pipeline for natural gas exports to Europe, yet actual deliveries depend on how quickly regulators grant the project approval amid souring relations between Russia and Western nations. “Nord Stream 2 is ready for operations,” Russian President Vladimir Putin said Wednesday at a meeting with energy
U.S. oil production is back and set to increase in 2022 after more than a year of OPEC and its allies “running the show,” according to Daniel Yergin, vice chairman of IHS Markit. Output could rise by as much as 900,000 barrels per day, he told CNBC’s “Squawk Box Asia” on Wednesday. U.S. oil firms
By Joey Klender Posted on December 29, 2021 Swedish battery manufacturer Northvolt announced that on December 28th, it successfully produced the first lithium-ion battery cell to be designed, developed, and built completely in Europe by a homegrown company. “Last night, the commissioning of the Northvolt Ett gigafactory in northern Sweden led to the assembly of
Carbon emissions in China could peak two years earlier than planned as the economy slows and Beijing prioritizes renewable energy, according to a leading government think tank. China has pledged that CO2 will peak in 2030, a crucial inflection point on the road to net-zero emissions by 2060. But the world biggest energy consumer could
Extinction Rebellion climate activists take part in a Rise and Rebel march organised to coincide with the end of, and anticipated failure of, the COP26 climate summit on 13th November 2021 in London, United Kingdom. Mark Kerrison | In Pictures | Getty Images Climate activists and campaign groups are pursuing an abrupt end to the
By Joey Klender Posted on December 28, 2021 Tesla’s leadership status as king of the electric vehicle sector has been established through several years of innovation and the company’s ability to influence an entire industry. Now that more automakers have adopted plans for electrification, it comes down to preparation, according to Howard Yu, IMD Business
Waymo One is Alphabet’s Lyft/Uber competitor that’s live in Phoenix and currently undergoing testing in San Francisco. Waymo today announced a future EV for its US ride-hailing service that will be “rider-first” and have no steering wheel. Waymo today announced an OEM collaboration with Geely, a Chinese automotive company that has several subsidiary brands like
The number of U.S. natural gas cargoes heading for European ports jumped by one-third over the weekend as the continent shivers amid a deepening energy crisis. There were 20 tankers bearing American gas heading for Europe, up from 15 on the day before the Christmas Eve holiday, according to data compiled by Bloomberg. Another 14
By Simon Alvarez Posted on December 27, 2021 Tesla’s 2021 Holiday Update included a number of key changes to the user experience of the company’s vehicles. But while numerous new functions such as blind spot monitoring and the new Light Show feature have been widely praised, several Tesla owners have shared strong criticisms of Software
Oil rose in tandem with equity markets as investors weighed the rapid spread of omicron against signs it may be milder than previous variants. West Texas Intermediate futures surpassed $75 a barrel on Monday for the first time in a month amid light trading volume. Daily omicron infections in the U.S. have surpassed those in
By Joey Klender Posted on December 24, 2021 The Tesla Arcade is likely one of the most unique additions to a car in recent memory. The addition of Tesla’s gaming console adds something to do when Supercharging or could be a source of entertainment for when Tesla vehicles are fully autonomous (although that could be
Electric motorcycles are increasingly winning favor with armed forces all over the world. The latest example sees the popular Sur Ron Firefly trialed for use in military airdrops. The exercises are currently underway, being performed by the UK’s 16 Air Assault Brigade. Motorcycle New’s Laura Thompson had the chance to join the soldiers during a
Supermajor ExxonMobil has started drilling the Glaucus-2 appraisal well in Block 10 offshore Cyprus just weeks after issues were raised by Turkey over the award of Block 5. Cyprus’ Ministry of Energy, Commerce, and Industry said that the well was spud using the Stena Drilling-owned drillship Stena Forth. The ministry added that the drilling operations would
By Simon Alvarez Posted on December 25, 2021 Tesla is currently rolling out the 2021 Holiday Update to its fleet, so a good number of the company’s vehicles would likely enjoy some fresh functions and fun new features. But as the Tesla community waits for the Holiday Update, it seems pertinent to explore some of
CNOOC and Flotation Energy are working on a project to power the Buzzard oil and gas field using electricity from a floating offshore wind farm, enabling the reduction of carbon emissions in line with the UK’s net-zero goals. A subsidiary of China’s oil and gas giant CNOOC Limited, CNOOC Petroleum Europe, is the operator of
Nederland, Colorado resident Nick Emery clears mountains of snow from his driveway on March 14, 2021. Helen H. Richardson | Denver Post | Getty Images It’s gearing up to be an expensive winter, especially for those grappling with rising heating costs. In the last year, about 20% of Americans struggled to pay their energy bill
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