Month: May 2022

BlackRock Inc. told Texas it’s committed to helping clients invest in the energy industry, rebutting suggestions by state officials that the firm boycotts fossil-fuel companies through its advocacy for sustainable investing. The world’s largest asset manager oversees about $310 billion of investments in energy firms worldwide, including more than $115 billion in Texas companies, BlackRock
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By Simon Alvarez Posted on May 20, 2022 Elon Musk is out for blood. Amidst the emerging “Elongate” scandal, the CEO has announced the formation of a “hardcore litigation department” for Tesla that directly initiates and executes lawsuits. The team will be reporting directly to Musk.  Musk posted the following commitment to the upcoming litigation
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During its inaugural Einride Mesh technology conference, autonomous EV freight company Einride introduced new software and hardware products. This includes updates to its Saga operating system, as well as the debut of Einride’s new E-Trailer – design concept that brings brings end-to-end payload intelligence along with added overall range from its integrated battery. Einride is
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A group of Ukrainian women demonstrate to call for further action against Russia near the headquarters of the EU Commission in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images LONDON — Reflecting on energy markets just over one month into Russia’s onslaught in Ukraine, Saudi Arabia’s top energy official said: “Look at
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Seismic player CGG announced today that Sercel, its sensing and monitoring division, has acquired Geocomp Corporation, which specializes in high-value services and products for geotechnical risk management and infrastructure monitoring. With CGG continuing to accelerate its development of a portfolio of unique technologies focused on rapidly growing Beyond the Core markets, this acquisition gives Sercel
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In this article .FKRX300 VOW3-DE BMW-DE 7203.T-JP RNO-FR Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept
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A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters Russia may have just made its first retaliatory move against Finland after lawmakers in Helsinki officially applied to join the military alliance NATO. Gasum, Finland’s state-owned gas wholesaler, said in a statement Friday morning that natural gas imports from Russia
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An oil flare burns at Repsol’s oil refining complex in Cartagena, Spain. Repsol was one of the top sellers of assets between 2017 and 2021 in EDF’s analysis. Bloomberg | Bloomberg | Getty Images Oil and gas giants are increasingly selling off dirty assets to private firms, amplifying concerns that the fossil fuel industry’s traditional
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