In this article TM TSLA VOW-DE A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images Automotive giant Toyota said Wednesday it would invest an extra $2.5 billion in a U.S. facility that
Month: August 2022
Supporters of Iraqi cleric Muqtada al-Sadr clash with security forces at Green Zone after Sadr supporters stormed the presidential palace in Baghdad, Iraq, on Aug. 30, 2022. The move came shortly after al-Sadr announced his total withdrawal from politics amid a months-long political crisis in the country. Murtadha Al Sudani | Anadolu Agency | Getty
Equinor is close to first power from the world’s first floating wind farm to power offshore oil and gas platforms and the start-up of the world’s largest wind farm. The two projects in question are Hywind Tampen and Dogger Bank, both located in the North Sea where Equinor has more than ten years of experience
By Johnna Crider Posted on August 30, 2022 The Boulder City Police Department purchased several new EVs for its fleet and we recently reported on the purchase of its Tesla Model Ys. Boulder City purchased the new EVs with a small portion of the American Rescue Plan Act funds and the city said that this
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf. Raheb Homavandi | Reuters The return of the Iran nuclear deal could be imminent — and with it, the return of a lot of oil to international crude markets. Before the U.S. resumed sanctions on Iran after former
Connie Black makes adjustments to the manufacturing line for the series 6 solar panels seen during a tour of a First Solar plant in Walbridge, Ohio, October 6, 2021. Dane Rhys | Reuters First Solar announced Tuesday that it will build a new solar panel manufacturing facility in the U.S. on the heels of the
Warren Buffett may be a big fan of oil giant Occidental Petroleum , but Morningstar has a more bearish view on the stock. Shares in Occidental Petroleum closed at around $74 on Friday— a whopping 68.2% premium to Morningstar’s analyst David Meats’ fair value estimate of just $44. Occidental’s share price gain of around 140%
French Prime Minister Elisabeth Borne urged businesses to cut energy use or face possible rationing this winter if Russia halts gas deliveries. “It’s urgent to stop any energy consumption that isn’t indispensable immediately,” Borne said Monday in a speech to business leaders at a conference near Paris. If not “there could be brutal gas outages
By Joey Klender Posted on August 29, 2022 A Tesla Model S Plaid driven by professional electric vehicle driver Blake Fuller recently dismantled the previous EV hot lap record at Sebring Raceway in Highlands County, Florida, which was not close. The all-electric Model S Plaid broke the record by nearly five seconds in one of
Tesla has been spotted stacking an impressive number of structural battery packs in inventory at Gigafactory Texas. We look into what could be happening. When Tesla started production of Model Y at Gigafactory Texas earlier this year, it launched a new architecture for the electric SUV based on Tesla’s new structural battery pack design. The
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments: Putting cash to work as stocks slide Buying shares of AMZN, QCOM, TJX and SBUX One stock we’re looking to trim 1. Putting cash to work as stocks slide The
We are selling 200 shares of Devon Energy (DVN) at roughly $74.72 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 700 shares of DVN, decreasing its weighting in the portfolio to 1.8% from 2.29%. It may be a down day for the broader market, but energy stocks are finding a lift thanks to
Energy Minister Van der Straeten said the link between gas prices and electricity prices needed urgent reform. Picture Alliance | Picture Alliance | Getty Images Belgian Energy Minister Tinne Van der Straeten warned that the next 5 to 10 winters in Europe will be “terrible” unless the European Union moves to swiftly impose a price
Oil and gas company Enauta has opted to preventively interrupt production at the Atlanta field after detecting problems with a hose. Enauta said that the hose issue was discovered during the process of concluding the shutdown for maintenance of the Atlanta Field To remind, the Atlanta field is under the stabilization period following maintenance, and
By William Johnson Posted on August 28, 2022 A recent survey finds that some hilarious misconceptions still surround EVs. A survey conducted by Leasing Options, which included over 2,000 people from the UK, found that a small minority still hold misconceptions about EVs and their safety. While the vast majority of respondents could discern fact
Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. David Gray | Reuters Shares of Australian coal producer Whitehaven has risen 200% this year. The share price of the Australian-listed miner has risen about 150% since the Russia-Ukraine
Brie Olootu pumps gas at an Exxon Mobil gas station on June 09, 2022 in Houston, Texas. Gas prices are breaching record highs as demand increases and supply fails to keep up. Brandon Bell | Getty Images WASHINGTON — As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise
Carl Hoiland grew up in a rural Oregon, taking trips into the Sierra Mountains with his grandfather to prospect gold and uranium. In grad school, Hoiland studied geothermal energy, the complex science of converting heat sources buried within the earth into electricity. He quickly learned how little the field had advanced. Geothermal developers sometimes gets
By Johnna Crider Posted on August 27, 2022 Tesla’s Technoking Elon Musk is scheduled to speak at the ONS 2022 Conference along with a few world leaders and energy company CEOs. The conference will take place from August 29 to September 1, 2022. The ONS Foundation is a nonprofit organization that facilitates discussions and collaboration
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