Daily Standup Top Stories What’s Going on with Electric Vehicles? May 21, 2024 Mariel Alumit 2024 has not been kind to the electric vehicle, particularly in the United States. Sales are down, Tesla laid off staff, […]
Inventory gluts are resolved by lower prices that boost sales. But that part hasn’t started yet; the glut is still building. By Wolf Richter for WOLF STREET. It’s a good thing for new-car and new-truck buyers to go […]
Guyana, situated on South America’s northern coast neighboring Venezuela, Suriname, and Brazil, has emerged as a significant contributor to growth in the global supply of crude oil. Since starting production in 2019, Guyana has increased […]
VIRGINIA BEACH, Virginia — After hoisting one of his 650 oyster cages from the bottom of Broad Bay, Joey Carmack grabbed a hose to remove a slimy pile of bright green seaweed and muck from […]
HOUSTON May 21 (Reuters) – Oil prices settled 1% lower on Tuesday as lingering U.S. inflation poised to keep interest rates higher for longer and likely weighed on consumer demand at the pump, while little […]
Northern California utility Pacific Gas and Electric (PG&E) announced Tuesday that it will expand its remote grid program, adding six new installations in 2024. Remote grids, also known as remote microgrids, operate independently from the […]
(Bloomberg) – Suriname’s discovered oil resources now total more than 2.4 Bbbl of crude and liquids, and the nation has more than 12.5 tcf of gas, according to Wood Mackenzie. Petroliam Nasional Bhd.’s discovery in […]
Raw materials are the great overlooked in the global technological competition. In 1992 the father of China’s economic revolution, Deng Xiaoping, said that ‘the Middle East has the oil, but China has the rare earths’. […]
President Joe Biden moved last week to initiate a series of heavy new tariffs designed to protect his favoured industries from Chinese encroachment. The move came following the completion of a review conducted under Section 301 of […]
May 20 (Reuters) – Chesapeake Energy (CHK.O), opens new tab, a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year, the company said on […]
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