The impact of Hurricane Ida and other oil supply outages will take a sizable chunk out of global oil production this year, the International Energy Agency said.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) announce the Ministry of Mines and Energy ("MME") has granted approval of a one year extension on the First Renewal Period from 29 January 2022 to 29 January 2023, relating to the approximate 6.3 million acre (PEL) 73 exploration licence, due to the impacts of the Covid-19 pandemic on the Company's operations.
(Bloomberg) -- When researchers flew over an Energy Transfer LP facility in the Permian Basin of West Texas two months ago, a NASA-designed sensor on their airplane detected a colossal plume of methane pouring into the air. Most Read from BloombergSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageHow the Child Care Crisis Became a Global Economic Fia
Despite significant optimism about green energy following the November 2020 U.S. election, the Invesco Solar ETF (NYSE: TAN) is down 19% year-to-date in 2021. On Thursday, Bank of America analyst Julien Dumoulin-Smith said he has observed an “alarming decline” in U.S. solar panel imports, and the worst could be yet to come. The Numbers: Monthly U.S. solar panel imports hit their low point for the year in July, down 22% from a year ago and 18% sequentially. Year-to-date imports from South Korea a
Fuel-cell stocks were higher today, with Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and FuelCell Energy (NASDAQ: FCEL) gaining 3.2%, 5.6%, and 11.4%, respectively as of 1 p.m. EDT. With more and more carmakers investing in hydrogen fuel-cell technology, investors in fuel-cell stocks are getting increasingly upbeat about the prospects. A report from Reuters this morning revealed how some of the auto giants from across the world are looking beyond battery-electric vehicles and investing in hydrogen, which appears to be pumping interest in hydrogen fuel-cell stocks.
Each year, 8 million tons of plastic — the equivalent of a garbage truck load every minute — is dumped into the ocean.
A rescue leopard at South Africa’s Harnas Wildlife Foundation is an impressive leaper, especially at mealtime.
With early autumn temperatures in Portugal hovering around 30 degrees Celsius (86 degrees Fahrenheit), a group of nudism enthusiasts don't even sport a vine leaf to cover their modesty as they go about their work in a vineyard 100 kilometres (60 miles) south of Lisbon.
(Bloomberg Markets) -- For years climate scientists have warned about the ferocious wildfires and hurricanes that are now overwhelming many communities. Today alarms are ringing about a related financial danger: risks lurking within government bonds, the biggest part of the global debt market.Most Read from BloombergIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageHow the Child Care Crisis Became a Global Econom
The global energy transition is in full swing, and the metals required for this new era of energy are fueling a headline-grabbing “commodity supercycle”
The Bench Tree, one of the iconic Trail of 100 Giants, has been badly burned
Inspiring the “futurescape” with 50 years of Dow technology
Ford is investing in Redwood Materials, the battery recycling firm founded by Tesla co-founder J.B. Straubel. The move aims to help make EVs more affordable and accessible.
Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers. Some companies, including steel producers, fertiliser manufacturers and glass makers, have had to suspend or reduce production in Europe and Asia as a result of spiking energy prices. The UK on Tuesday said it agreed to provide state support to one of the companies to restart production of by-product carbon dioxide, which is used in food production, to avert a supply crunch.
Receding water has exposed roads and buildings once used by residents
Tesla broke ground on its "Megafactory," a new production facility in California, so christened because it will produce the company’s large-scale battery system Megapack. News of the previously unannounced factory was confirmed by the Lathrop Mayor Sonny Dhaliwal in a Facebook post that was deleted and re-posted. “We are proud to be the home of the Megafactory, Tesla’s most recent expansion here,” he said.
A new type of battery for electric vehicles that can be charged in the same time it takes to fill a car with petrol will be unveiled on Thursday.
(Bloomberg) -- More than 1.5 million households in Britain are being forced to switch energy suppliers after two more retailers collapsed on Wednesday, bringing the tally of companies going out of business to seven since early August.Most Read from BloombergIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageHow the Child Care Crisis Became a Gl
Britain, which faces soaring natural gas prices, has been forced to run coal-fired power stations in order to secure energy supplies, electricity generation company Drax said on Thursday.
There’s a lot of value in waste; just ask metals processing company Nth Cycle, which has developed a technology to help mining and recycling companies recover every bit of critical minerals from their operations. The company calls its technology “electro-extraction,” and Nth Cycle’s founder and CEO Megan O’Connor likened it to a water filter in a recent interview with TechCrunch. “We push an electrical current across that filter, and that electricity that we push across is how we can selectively remove the metals of interest.”
WASHINGTON (Reuters) -The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to three people familiar with the matter. The expansion would allow the renewable energy industry - from wind and solar to biofuels like ethanol - to form master limited partnerships, known as MLPs, that combine the funding advantages of corporations with the tax advantages of partnerships. "An expansion could allow retail investors to direct invest in renewable energy projects, rather than only being able to invest in companies that may deal in renewables," said Clark Sackschewsky, tax market leader at BDO USA in Houston.