Baker Hughes Counts Show 15 More Rigs
The rotary rig counts for the US and Canada rose this past week. The rotary rig counts for the United States and Canada increased by a total of 15 this Continue Reading
Michigan governor seeks shutdown of Great Lakes oil pipeline
Michigan Gov. Gretchen Whitmer took legal action Friday to shut down a pipeline that carries oil beneath a channel linking two of the Great Lakes. Whitmer’s office notified Canadian company Continue Reading
Proposed $3.3B gasoline plant in southern Arizona halted
Construction of a proposed gasoline plant in southern Arizona that would have generated more than 2,000 jobs has been halted after the company planning the project reprioritized its projects, a Continue Reading
Biden Means Sales Boost for Volkswagen, GM, Tesla (TSLA), Electric Car Makers – Bloomberg
Although President Obama threw a lifeline to U.S. automakers after the financial crisis, many in the industry were unhappy that his administration also was responsible for fuel economy rules that Continue Reading
Arctic Wildlife Refuge: Trump to Auction Drilling Rights Before Biden Takes Over
The Trump administration is advancing plans to auction drilling rights in the U.S. Arctic National Wildlife Refuge before the inauguration of President-elect Joe Biden, who has vowed to block oil Continue Reading
Enbridge Faces New Fight as Michigan Seeks Line 5 Shutdown
Enbridge Inc.’s battle with Michigan escalated on Friday as the governor took new legal action to shut down a key pipeline that supplies Central Canadian refineries. Governor Gretchen Whitmer filed a complaint Continue Reading
U.S. advanced battery startup Form Energy nabs $70 million in funding: CEO
Form Energy, a startup planning to make battery systems that can efficiently store wind and solar energy for long periods of time, recently landed its biggest batch of funding, its Continue Reading
Velodyne aims to price new self-driving car sensor below $500
Velodyne Lidar Inc VLDR.O said on Friday it would introduce a new lidar unit, a key sensor in self-driving cars, with a target price point of less than $500 and Continue Reading
Trump administration pushes to sell Alaska oil leases pre-Biden inauguration
The Trump Administration will take key steps to finalize a sale of oil drilling leases in the sensitive Arctic National Wildlife Refuge (ANWR) in Alaska just before Democrat Joseph Biden, Continue Reading
Volkswagen Accelerates Investment in Electric Cars as It Races to Overtake Tesla
Volkswagen AG plans to invest around $86 billion in the development of electric vehicles and other new technologies over the next five years, as the world’s largest auto maker races Continue Reading