Even if OPEC defies a skeptical market by implementing output cuts in full, it still won’t drain the ocean of surplus oil already pumped from the ground.
Archive for month: October, 2016
Tesla Motors reported just the second quarterly profit in its history as a public company, reversing a string of consecutive losses.
Audi announced this morning that they will end their participation in the series it spent a decade dominating, the World Endurance Championship—including the 24 Hours of Le Mans—to shift their focus to the all-electric Formula E championship. It’s one of the biggest shifts the racing world has seen in some time.
Biofuels and bioenergy have now become an essential component in the world’s renewable energy mix.
A federal judge approved the largest auto-scandal settlement in U.S. history Tuesday, giving nearly a half-million Volkswagen owners and leaseholders the choice between selling their cars back or having them repaired so they don’t cheat on emissions tests and spew excess pollution.
A hundred years ago, the electric motor lost out to the gas engine. A century later, electric vehicles are staging a tepid comeback: they now make up about 1% of global auto sales.
One of the great unknowns to follow next month’s U.S. presidential election is what impact the next occupant of the White House will have on oil demand.
Africa’s air pollution is causing more premature deaths than unsafe water or childhood malnutrition, and could develop into a health and climate crisis reminiscent of those seen in China and India, a study by a global policy forum has found.
Tesla CEO Elon Musk’s recent announcement about the driverless hardware being built into its new cars just gave the Model 3 a big advantage over the Chevy Bolt.