Month: September 2022

Climate scientists described the shocking images of gas spewing to the surface of the Baltic Sea as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.” Anadolu Agency | Anadolu Agency | Getty Images Unexplained gas leaks along two underwater pipelines connecting Russia to Germany have sent huge volumes
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The European geothermal heating market is set to experience a purple patch in the coming years as governments scramble to find an affordable alternative to expensive gas-fired heating, Rystad Energy said. Total installed capacity is projected to surpass 6.2 gigawatt thermal (GWt) in 2030, a 58% increase from today’s total of 3.9 GWt, developments that
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By Simon Alvarez Posted on September 30, 2022 Toyota Motor Corp President Akio Toyoda recently shared a subtle dig at self-driving cars during a meeting with the company’s dealers. The Toyota executive argued that the electric vehicle transition would take longer than expected.  “Just like the fully autonomous cars that we were all supposed to
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U.S. car rental company Hertz and oil major BP have signed a memorandum of understanding (MOU) for the development of a national network of EV charging stations. The stations will be powered by BP Pulse, BP’s global electrification and charging solution brand. The MOU sets the foundation for Hertz and BP to drive the future
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By Simon Alvarez Posted on September 28, 2022 GM’s Cruise driverless robotaxi service has been rolled out to San Francisco successfully, but the cars themselves have caused some headaches for motorists in the city. This is represented by several incidents involving Cruise’s driverless robotaxis causing issues in traffic due to technical difficulties.  Just last week,
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Kia is a frontrunner in the EV race as the South Korean automaker undergoes a full-scale business overhaul. The company plans to introduce a lineup of 14 electric vehicles by 2027. Here’s the lowdown on what’s available now. Here are Kia electric cars available now Kia has been experimenting with eco-friendly mobility solutions for several
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In this article BLK EQNR GE CNA-GB Follow your favorite stocksCREATE FREE ACCOUNT Pylons photographed in the U.K. The project involving Centrica and GE will store energy from onshore wind farms in Lincolnshire. Gareth Fuller | PA Images | Getty Images A decommissioned gas-fired power station in Britain is set to be repurposed and converted
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The European Union on Wednesday raced to find out exactly what happened and why after mystery gas leaks hit two underwater Russian gas pipelines, warning of retaliatory measures for any deliberate attack on the region’s energy infrastructure. In a statement on behalf of all 27 members, EU foreign policy chief Josep Borrell said Wednesday that
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A US government funding bill was stripped of an effort to speed up the federal approval process for energy projects, dealing a major setback to efforts to fast-track the approval of energy infrastructure including a stalled $6.6 billion natural gas pipeline. Senate Majority Leader Chuck Schumer said Tuesday he agreed to a request by Senator
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The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the International Monetary Fund. Yuri Gripas | Reuters LONDON — The new economic measures laid out by the U.K. government “will likely increase inequality,” the International Monetary Fund said in a rare statement. While the fiscal
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Malaysian oil and gas player Petronas has announced that the North Malay Basin (NMB) Phase 3 project in Block PM302, located 180 miles off Peninsular Malaysia, has recently achieved its first gas production. Block PM302 is operated by Hess Corporation with a 50 percent participating interest. Its only partner in the block is Petronas Carigali
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In this article XPEV NIO LI 9868-HK 2015-HK Follow your favorite stocksCREATE FREE ACCOUNT Li Auto warned that “supply chain constraint” would mean the company will deliver fewer cars than expected in the third quarter. Meanwhile, China has extended a tax exemption for new energy vehicles until the end of 2023 as it looks to
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