Month: May 2021

Storage tanks at a Colonial Pipeline Inc. facility in Avenel, New Jersey, on Wednesday, May 12, 2021. Mark Kauzlarich | Bloomberg | Getty Images The recent ransomware attack on Colonial Pipeline was an all too familiar story to businesses across the United States. The pipeline, which supplies fuel to some 50 million people from the
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Monty Rakusen | Cultura | Getty Images A project aiming to harness geothermal energy from disused, flooded coal mines in the northeast of England took another step forward this week after it was given planning permission for an initial testing phase. In an announcement Monday, South Tyneside Council said the development would “draw geothermal energy
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Following escalating tension between Israel and Palestine, ports and offshore infrastructure remain at “heightened risk” with attacks and associated damage a “realistic possibility”.  That’s according to Dryad Global, which added that attacks against bespoke targets including port, energy, and offshore infrastructure are “highly likely” to feature in any protracted engagement.  In a statement posted on its website on Wednesday, Dryad Global noted that tensions between Israel and
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Plug In America’s PlugStar EV consumer and dealer engagement program, in partnership with SMUD (Sacramento Municipal Utility District), recently celebrated some of the program’s outstanding dealers in recognition of their commitment to EV sales. Dealers and their sales staff were honored with trophies, plaques, and food trucks in honor of their EV sales achievements. Dealers
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Transportation Secretary Pete Buttigieg said Thursday that the ransomware attack on Colonial Pipeline, the operator of the country’s largest fuel pipeline, has been a “wakeup call” for U.S. cybersecurity vulnerability. Colonial is still struggling with a cybersecurity attack that forced its entire system offline on Friday and triggered widespread fuel shortages across the East Coast.
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Equinor (NYSE: EQNR) has revealed that its internal investigations following fires at Hammerfest LNG and Tjeldbergodden have now been concluded and that the results have submitted to the Petroleum Safety Authority. The fire at Hammerfest LNG occurred in September last year, while the fire at Tjeldbergodden took place in December 2020. The investigation group noted
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U.S. President Joe Biden delivers remarks on the COVID-19 response and the ongoing vaccination program at the Eisenhower Executive Office Building on May 12, 2021 in Washington, DC. Drew Angerer | Getty Images WASHINGTON —  President Joe Biden signed an executive order Wednesday aimed at strengthening U.S. cybersecurity defenses, a move that follows a series
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(Bloomberg) — Oil rose as a weaker dollar lent support and offset a burgeoning pile up of crude in the U.S. Gulf Coast as refineries there cut runs in response to the Colonial Pipeline shutdown. Crude futures in New York rose less than 1% Tuesday. The dollar has traded steadily weaker, making commodities priced in
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By Eric Ralph Posted on May 12, 2021 Four years after Elon Musk revealed “aspirational” plans to launch Starships to Mars in 2022, the SpaceX CEO now believes that 2024 is a more accurate target. For SpaceX, that two-year ‘delay’ is more impressive than anything given that the company practically restarted Starship development from scratch
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In this article TAN PBW GBLD Long-term investors don’t need to worry about the cracks forming in the clean energy trade this year, says one market watcher. Popular exchange-traded funds focused on sustainable energy including the Invesco Solar ETF (TAN) and the Invesco WilderHill Clean Energy ETF (PBW) have lost significant momentum this year, down
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