Air New Zealand has abandoned a goal to cut its CO2 emissions by 2030, blaming delivery delays of new aircraft and costs of alternative jet fuel. Too hard and too costly. That sums up the […]
Shell plc has announced its financial results for the second quarter of 2024, reporting $6.3 billion (£4.9bn) in adjusted earnings. The company also announced a new $3.5 billion (£2.7bn) share buyback programme set to be […]
Holtec, a major player in the nuclear industry, is evaluating potential sites for a new £1.3 billion manufacturing facility for Small Modular Reactors (SMRs) in the UK. Kingmoor Park in Carlisle has been shortlisted along […]
Uber and BYD have partnered to add 100,000 new BYD electric vehicles (EVs) to the Uber platform. This multi-year agreement aims to initially focus on Europe and Latin America, with plans to expand to the […]
Ohio clean energy projects under an Inflation Reduction Act grant announced last month show how solar sited on closed landfills can reduce greenhouse gases, improve resilience and provide funding for other environmental goals. Part […]
Offshore rig owner Noble Corporation’s harsh-environment jackup rig Noble Regina Allen has gained more work from TotalEnergies in Argentina. The French energy major has exercised two priced option wells on the 2013-built rig at $150,000 […]
Swiss-based offshore drilling giant Transocean has secured a $531m contract from BP for operations in the US Gulf of Mexico. The contract will see drillship Deepwater Invictus on hire for about 1,095 days starting in […]
Remarkably authorities in the Philippines have had to attend to another distressed vessel in Bataan to the west of Manila, a third ship accident in the area in the space of just one week. Oil […]
Hess Corp. (NYSE:HES) has posted an impressive second-quarter earnings report with its stake in prolific Guyana helping it exceed estimates. Hess reported Q2 2024 non-GAAP EPS of $2.62, beating the Wall Street consensus by $0.07 while revenue of […]
NEW YORK, July 31 (Reuters) – Oil prices rose nearly 3% on Wednesday, rebounding from seven-week lows after the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and a […]
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