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HomeAmazon

Amazon

Finance

Amazon Closing Warehouses To Downsize Post-Pandemic The Daily Financial Trends

September 5, 2022 Mariel Alumit

Amazon is abandoning dozens of existing and planned distribution facilities throughout the US, as it looks to scale back a delivery infrastructure which had exploded in size to serve the massive demand during the height […]

Solar Panel
Industry Insights

CNBC: Amazon Rooftop Fires Prompted Solar Panel Shutdown

September 2, 2022 Mariel Alumit

​ Essay by Eric Worrall Last Year Amazon was forced to take all their solar panels offline, after the panels caused six separate fire and explosion incidents. Amazon blames third party installers for the problems. […]

Climate Crisis

Crude reality: One U.S. state consumes half the oil from the Amazon rainforest

December 3, 2021 Stu Turley

ENB Publishers Note: The hypocrisy of California is sad. “Let’s save the planet” but turn a blind eye to being one of the largest reasons the Amazon rain forest is being destroyed through importing oil […]

U.S. coal exports
EIA News

Crude oil and petroleum liquids production in Ecuador hit a 10-year low in 2020

November 3, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, International Energy Statistics and July 2021 Short-Term Energy Outlook In 2020, Ecuador produced 483,000 barrels per day (b/d) of petroleum and petroleum liquids, which is the only year since 2010 that petroleum […]

Jeff Bezos - Wind Farm photo Op
Electrical Generation / Utilities

Wall Street and big tech team up to oppose Texas wind power bill

April 8, 2021 Stu Turley

An alliance of Wall Street and big tech is warning the Texas government against imposing new costs on renewable power plants as the blame game over the state’s winter blackouts intensifies. Companies ranging from Goldman […]

Amazon
Electrical Generation / Utilities

Amazon gets into offshore wind via 380-MW PPA with Shell and Eneco – Without subsidies

February 9, 2021 Stu Turley

Shell Energy Europe BV (Shell) and Amazon signed an agreement through which Shell will provide Amazon with 50% of the capacity (~380 MW) of the energy generated by the Amazon-Shell HKN Offshore Wind Project. The […]

EV Startup Rivian Said to Reach 27.6 Billion Value on New Funds - Energy News Beat
Electric Vehicles

EV Startup Rivian Said to Reach $27.6 Billion Value on New Funds – Can they compete with Tesla?

January 19, 2021 Stu Turley

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, […]

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