Ford plans to develop and produce electric vehicle batteries
Saying that it wants to control the key technology for electric vehicles, Ford plans to open a battery development center near Detroit by the end of next year. The company Continue Reading
U.S. Oil Inventories Rise Beyond Expectations
The American Petroleum Institute (API) on Tuesday reported an extensive build in crude oil inventories of 4.319 million barrels for the week ending April 23. Analysts had predicted a much Continue Reading
Oil Refiners Vs. Biofuels Clash Ends Up In Supreme Court
The U.S. Supreme Court is hearing oral argument on Tuesday in a case that has pitted the oil industry and the corn lobby for years—whether refiners can obtain exemptions from Continue Reading
US coal generation rises to six-month high in February: EIA
US power generation from coal totaled a six-month high 87.85 TWh in February, up 7.4% from January and 56.6% higher than the year-ago month, Energy Information Administration data showed April Continue Reading
BP Seeks to Sell Electricity in Five States
BP wants to be your power supplier, too. The oil and natural gas giant is seeking permission to become a retail electricity provider to homes and businesses initially in Illinois, Continue Reading
QuantumScape (QS) Stock Hit By a Short-Seller Attack. Its CEO Is Fighting Back
QuantumScape Corp. is the hottest battery-maker on the market, with recent valuations hovering between $13 billion and $20 billion. While the San Jose, California-based startup says its next-generation battery will Continue Reading
Democrats move to reinstate methane rules loosened by Trump
Congressional Democrats are moving to reinstate regulations designed to limit potent greenhouse gas emissions from oil and gas fields, part of a broader effort by the Biden administration to combat Continue Reading
This might be the Senate’s most important climate vote ever
THE SENATE votes Wednesday on what sounds like an arcane regulatory question. In fact, Sen. Angus King (I-Maine) argued Tuesday, “This is the most important climate vote that the Senate Continue Reading
Cautious Hedging Costs U.S. Drillers Billions
A month ago, ConocoPhillips warned it would book a $600-million impairment to its first-quarter profits from its acquisition of Concho Resources and, as Reuters reported at the time, related oil Continue Reading
US corporate might, power grid upgrade called key pieces for climate action
Bipartisan infrastructure support possible US-China climate support mutually beneficial A call for US firms to push Congress harder on climate The US is pushing its climate agenda forward under the Continue Reading