Month: June 2020

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and Russian Energy Minister Alexander Novak at the start of an OPEC and NON-OPEC meeting in Vienna, Austria, December 6, 2019. Leonhard Foeger | Reuters Some of the world’s most powerful oil producers had been expected to convene on Thursday, with energy market participants closely
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FILE PHOTO: The Environmental Protection Agency headquarters is seen in Washington, D.C., U.S., January 19, 2020. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – The U.S. Environmental Protection Agency released on Thursday a proposed overhaul of how major clean air rules are written by changing the cost-benefit analysis process, a move that would affect the stringency of future
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This image, from February 2019, shows one of Alstom’s hydrogen fuel cell train leaving Rottenbach station in Germany. Michael Reichel | picture alliance | Getty Images Transport manufacturer Alstom and energy infrastructure firm Snam are to collaborate on the development of hydrogen trains in Italy, the latest example of work being undertaken to integrate the
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(Bloomberg) — The specter of negative prices is hanging over energy markets more than a month after oil’s unforgettable crash below zero. While crude has staged a rapid recovery after a deal by the biggest producers to curb a surplus, the $600 billion global gas market remains extraordinarily oversupplied. Traders and analysts say the worst may be yet to
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By Joey Klender Posted on June 3, 2020 It appears that the first sections of Tesla’s first European production facility, known as Gigafactory Berlin, will be overlaid with concrete soon. Recent photographs from Tesla enthusiast Tobias Lindh show a mixer truck on the excavated property that’s currently overlaid with gravel. With Tesla receiving preliminary permits
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(Bloomberg) — Early signs of a shale rebound are becoming evident as crude prices emerge from their dramatic collapse earlier this year. EOG Resources Inc., America’s largest shale-focused producer, plans to “accelerate” output in the second half after shutting in about a quarter of its crude in May, exploration chief Ken Boedeker told an RBC
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By Joey Klender Posted on June 2, 2020 SpaceX and NASA’s Crew Dragon Demo-2 launch on Saturday was the most-watched online event in the history of the American aerospace organization. Amid the madness on Earth, differences were set aside to watch two Aerospace entities launch astronauts into space. Approximately 10.3 million people tuned in to
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MOGADISHU (Reuters) – A new solar power plant in Mogadishu should quadruple the city’s generation capacity and cut bills, the owners said, providing relief to businesses facing crippling costs from diesel-generated electricity. Electrical power lines from the Benadir Electricity Company (BECO) solar project in the outskirts Mogadishu, Somalia May 21, 2020. REUTERS/Feisal Omar BECO, Somalia’s
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(Bloomberg) — Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc., in what is set to be one of the year’s biggest infrastructure deals. The buyers could sign an agreement with Abu Dhabi
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Cars Published on May 31st, 2020 | by Tim Dixon May 31st, 2020 by Tim Dixon  Welcome to the next issue of China x Cleantech. For our full China × Cleantech history, stroll over to the “Future Trends” section of our website. EV Sales Tesla Model 3 Shines In Transition Month In China On the 25th
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By Joey Klender Posted on June 1, 2020 Tesla has submitted a patent that describes a new, more effective cooling process for manufacturing high-strength aluminum components to be used in its product line. The patent entitles, “System and Method for Facilitating Pulsed Spray Quench of Extruded Objects”, describes a quenching process that aims to increase
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FILE PHOTO: EPA Administrator Andrew Wheeler testifies at a hearing titled ‘Oversight of the Environmental Protection Agency’ in the Dirksen Senate Office Building in Washington, DC, U.S., May 20, 2020. Kevin Dietsch/Pool via REUTERS/File Photo WASHINGTON (Reuters) – U.S. Environmental Protection Agency chief Andrew Wheeler will sign a rule on Monday that would limit state
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