Month: December 2021

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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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