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Month: January 2021

Category:
  • USA

U.S. Unemployment Claims Remained Elevated Last Week

About 900,000 workers filed for unemployment benefits last week as the labor market struggles to recover this winter. The number of jobless claims last week was down slightly from the week ended Jan. Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count rises by 6 to 430 amid more 2021 visibility

 The US oil and gas rig count rose by six to 430 in the week ending Jan. 20, rig data provider Enverus said, as indicators ahead of the quarterly round Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • carbon capture

Musk Says He Will Give $100 Million For Carbon Capture Prize

Elon Musk said he plans to donate $100 million toward a prize for the best carbon capture technology, weeks after he became the world’s richest person. Musk made the announcement Thursday Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Shale Oil

US puts new oil and gas leases, permits on federal lands on hold for 60 days

The US Interior Department on Jan. 20 put new oil and gas lease sales and permits on federal lands and waters on hold for 60 days, according to an order Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Electric Cars

MIT study measures which kinds of infrastructure improvements could get more electric cars on the road

A new study from researchers at MIT uncovers the kinds of infrastructure improvements that would make the biggest difference in increasing the number of electric cars on the road, a Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • LNG

Baker Hughes Expects More LNG Approvals in 2021

 Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Nord Stream

Germany’s Merkel to discuss Russia pipeline project with US

 German Chancellor Angela Merkel said Thursday that she isn’t abandoning a German-Russian gas pipeline project that faces U.S. sanctions, but wants to talk to the new administration about the issue. Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Climate
  • Europe

ACEA study finds 100-fold increase in zero-emission trucks needed in EU fleet in 10 years to meet goals

A new study by the European Automobile Manufacturers’ Association (ACEA) has found that there are currently 6.2 million medium- and heavy-duty commercial vehicles on the EU’s roads, the average age Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Mercedes To Take On Tesla With Fully Electric SUV

Daimler AG’s Mercedes-Benz rolled out its battery-powered EQA SUV as part of a plan to take on Tesla and Volkswagen. Mercedes-Benz’s first fully-electric SUV will be available in the coming Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Europe

European air traffic takes a dive as travel curbs continue to crimp jet demand

 European air traffic fell sharply in the week to Jan. 20, shrugging off signs of an uptick over the previous week, while economic mobility in Europe’s biggest economies remains little Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple

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