DETROIT – Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers shift to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs. Ford […]
NewsOil and Gas The United States is “in regular contact at senior levels with Saudi Arabia about ensuring a stable and affordable supply of energy to global markets”, National Security Advisor Jake Sullivan says. The […]
The US offshore wind industry, banking on a big boost from the landmark Inflation Reduction Act, has found itself face-to-face with a major hurdle that’s been right there in the name all along: inflation. In […]
Unless you’ve been living in an underground cave, you’re aware that there’s been a massive explosion of forest fire activity across Canada that’s sending clouds of smoke south to our American neighbours. Not surprisingly, they’re […]
A “Global Inflationary Depression” Is Very Possible – But what does this do to energy and oil? August 13, 2023 Allen Santos Authored by Bruce Wilds via the Advancing Time blog, Roughly two and a […]
The aviation industry is serious about reducing its carbon footprint — a sector that contributes roughly 2% of all greenhouse gas emissions. To that end, a new plant is breaking ground today in Washington State […]
(The Center Square) – Gross natural gas withdrawals from the Permian Basin in west Texas and southeastern New Mexico set an annual record high last year, reaching 21 billion cubic feet per day (Bcf/d), according […]
Norwegian energy major Equinor has decided to postpone further development of the Trollvind offshore wind initiative indefinitely. Equinor said that the decision was based on several challenges facing the project, including technology availability, rising cost, […]
Wind turbines were meant to improve the weather. Now it seems these things are making it worse. Bear in mind the weather worriers are fretting about changes of a degree or two (apparently an increase […]
On February 11th, 2021, California Public Employees Retirement System made a bold move by raising its stake in Equitrans Midstream Co. (NYSE:ETRN) by 17.4%. This strategic decision was announced in the company’s most recent disclosure […]
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