Halliburton Co on Tuesday predicted a recovery in the global oil and gas industry from the second quarter after the oilfield services provider beat profit estimates on cost cuts and modest gains in activity following […]
Elon Musk’s SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing. The rigs are in the Port of Brownsville, […]
Canada is pressing people at the highest levels of U.S. President-elect Joe Biden’s incoming administration to reconsider canceling the Keystone XL pipeline, Prime Minister Justin Trudeau said on Tuesday. “We’ve had a clear and consistent […]
Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc. Other investors in the round included Fidelity Investments, […]
The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected this year. “The global vaccine roll-out is putting fundamentals on a stronger trajectory for the year, […]
Today, Power Sustainable Capital Inc. (“Power Sustainable”), a global multi-platform alternative asset manager focused on long-term investments in sustainable strategies, announced the launch of the Power Sustainable Energy Infrastructure Partnership (“the Partnership”), an investment platform […]
Energy News Beat Publishers Note: Will China change and have subsidies on the VW electric cars? Volkswagen AG has set the starting price of its first locally built all-electric sports-utility vehicle with its Chinese partner FAW Group […]
A French company plans to persuade 10,000 Paris taxi drivers to switch to hydrogen-powered cars by the time the Olympic Games come to town in three years. HysetCo., a venture part-owned by Toyota Motor Corp. and Air Liquide […]
Sixteen years ago, Europe introduced a market based on what was then a revolutionary notion: forcing companies to cut greenhouse gas emissions by issuing credits that allow them to pollute up to a certain level. […]
Total is not planning any more big investments in renewables for the time being, having just agreed to buy a 20pc stake in Indian solar power firm Adani Green Energy. But it will be ready to […]
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