Subaru took the wraps off the all-electric, 1,073 hp STI E-RA concept car at this weekend’s Tokyo Auto Salon. And, while the STI E-RA might not have much in common with any road-going Subarus, that doesn’t mean the concept won’t hit the road. Subaru says it built the STI E-RA concept to gain “experience and training
Oil posted a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus variant. West Texas Intermediate futures in New York closed up 2.1% on Friday, posting a 6.2% weekly increase. Oil has made a strong start to
Getty Images Bitcoin is down around 36% from its all-time high in November, but the dip has a good side, thanks to a quirk in the tax code that helps crypto holders shield their winnings from the IRS. The IRS treats cryptocurrencies like property, meaning that anytime you spend, exchange, or sell your tokens, you’re
A BMP-2 amphibious infantry fighting vehicle during field firing practice ahead of the 78th birthday of the guards tank army of the Western Military District at the Golovenki range outside Moscow. Sergei Bobylev | TASS | Getty Images WASHINGTON – Intelligence agencies monitoring Russian cyber operations against Ukraine believe Russia’s pattern of activity could signal
The chief executive of Ukrainian state energy giant Naftogaz says it is absurd for Nord Stream 2 not to be among the top priorities of international talks with the Kremlin, repeating his call for further sanctions on the gas pipeline to deter another Russian incursion. His comments come shortly after a meeting of the NATO-Russia
By Joey Klender Posted on January 14, 2022 Recent complaints regarding Tesla’s heating, ventilation, and air conditioning (HVAC) systems have prompted the National Highway Traffic Safety Administration (NHTSA) to discuss the feature with the automaker. Yesterday, Transport Canada launched an assessment into the issues after sixteen complaints. Transport Canada opened an “Issue Assessment Investigation” following
While fires in electric vehicles (EVs) have made headlines in recent years, data from the U.S. government and analyzed by AutoinsuranceEZ point out that there are far more fires in gasoline and traditional hybrid vehicles, even when accounting for the fact that there are more gasoline and hybrid vehicles on the road. Electric vehicles are
Diesel markets are jumping everywhere, a positive indicator for oil prices more widely. In Asia, the lowest inventories in years have driven margins from making the fuel to a four-month high. Winter there is chillier than usual and demand for transport, industrial and heating fuels are getting a boost. The continent is contending with significantly
In this article VWS-DK RWE-DE One of the turbines at the Triton Knoll offshore wind farm, which is located in waters off England’s east coast. Ian Greenwood Turbine commissioning at one of the world’s biggest offshore wind farms is complete and full operations are slated to begin in the first quarter of 2022, according to
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s payments company Block (formerly Square) is going to start mining for bitcoin. In a string of tweets,
Service members of the Ukrainian armed forces walk at combat positions near the line of separation from Russian-backed rebels outside the town of Popasna in Luhansk Region, Ukraine January 6, 2022. Maksim Levin | Reuters As high-profile talks between Russian and Western officials continue Thursday, a top-ranking Ukrainian official has described how her country has
By Joey Klender Posted on January 13, 2022 Tesla Model 3 and Model Y vehicles in Canada are currently under an “Issue Assessment Investigation” by Transport Canada for a potential issue with the heating, ventilation, and air conditioning system (HVAC) during operation in cold weather climates. Transport Canada is a government organization responsible for “developing
Citing a report which found hybrid cars offered negligible emissions and fuel consumption advantages when tested on Switzerland’s Alpine roads, one Swiss region has decided to “pull the plug” on subsidies – even calling the claims of hybrids’ environmental advantages a “con.” The southern Swiss canton of Valais (Wallis, in German) commissioned a study by
Libya’s oil production is rising gradually after a blockade of its western fields ended and ports in the east re-opened, according to the OPEC member’s energy minister. Output is 963,000 barrels a day, Mohammed Oun said in a response to questions from Bloomberg on Thursday. Production has fluctuated significantly since mid-December, when militias forced western
In this article MAERSK.B-DK The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to “green” fuels would come at a cost, but emphasized the importance of focusing on the bigger picture rather than
Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas futures surged more than 13% on Wednesday as temperatures drop and forecasts call for more winter weather ahead. The contract for
By Maria Merano Posted on January 12, 2022 Tesla (NASDAQ:TSLA) will hold its Q4 and Full Year 2021 earnings call on Wednesday, January 26, 2022. As usual, Tesla will send out a brief advisory before the call with a link to a Q4 and Full Year 2021 update. The live question and answer webcast will start at
Saudi Aramco’s agreement to supply almost half of Poland’s oil will give the world’s biggest crude exporter a stronger foothold in a region that Russian producers have long dominated. Aramco will buy 30% of a refinery on the Baltic coast, as well as a wholesale fuel unit. It also signed a long-term delivery deal with
Bloomberg | Getty Images Investments related to cryptocurrencies and digital assets are the top threat to investors “by far,” according to new data from the North American Securities Administrators Association (NASAA). “Stories of ‘crypto millionaires’ attracted some investors to try their hand at investing in cryptocurrencies or crypto-related investments this year, and with them, many