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Month: August 2020

Category:
  • Hydrogen

Hydrogen growth accelerating despite COVID-19, costs: panel

Hydrogen’s momentum is accelerating, despite challenges around costs and the global pandemic, panellists said in a webinar on July 31. Several key trends are moving in hydrogen’s direction, including policy, Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Atlantic Coast Pipeline cancellation hits Dominion Q2 financial results

Dominion Energy reported a substantial second-quarter loss as it accounted for the cancellation of plans to complete the 1.5 Bcf/d Atlantic Coast Pipeline that would have fed Appalachian Basin natural Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • Electric Cars

GM Plans National EV Charging Network

General Motors Co. is working with electric-vehicle charging operator EVgo to build a nationwide fast-charging infrastructure as the automaker prepares a major push into battery-powered models. The two companies will Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Baker Hughes Reports Flat US Rig Count

The number of rotary drilling rigs operating in the United States stood at 251 for the second week in a row, Baker Hughes Co. reported. The number of rotary drilling Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

Global, U.S. Economy and Coronavirus: Latest News and Analysis of Recovery

The virus is the summer house guest from hell. Any remaining hope that the coronavirus that’s pushed the U.S., Europe and much of Asia into historic economic downturns would take a holiday was Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages

One of the world’s major credit-rating companies fired a warning shot regarding the U.S.’s worsening public finances on Friday, just as lawmakers in Washington contemplate spending more to combat the Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • p-

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Noble Corp., the offshore drilling contractor, filed for bankruptcy with a plan to cut more than $3.4 billion of debt after a crash in crude prices made undersea oil wells Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • International Oil Companies

Big Oil gets smaller as Chevron and Exxon losses mount to $9.4bn

ExxonMobil and Chevron both reported deep quarterly losses on Friday, as two of the US’s corporate titans revealed the trauma caused to their businesses by the worst oil price crash Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • coronavirus

A School Reopens, and the Coronavirus Creeps In

One of the first school districts in the country to reopen its doors during the coronavirus pandemic did not even make it a day before being forced to grapple with Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple
Category:
  • USA

Dollar rises but posts biggest monthly drop in a decade

The dollar rose against a basket of currencies on Friday as investors covered shorts and took profits after the biggest monthly decline in the currency in a decade. The dollar Continue Reading

Posted On : 1 Aug 2020 Published By : Tom Whipple

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