The Bureau of Safety and Environmental Enforcement on Tuesday granted a permit for Italian oil giant Eni SpA to drill an exploratory well in the Beaufort Sea as a way to test production conditions there.
Crown Prince Mohammed bin Salman’s decision to shake up Saudi Arabia’s longstanding patronage system and root out “corruption” introduces further uncertainties after a decade of black swan events in global oil.
Now, for the first time in decades, more carbon dioxide is being generated by transportation than is produced by generating electric power. How you get there matters more than ever.
In a terse interview on CNBC, Lutz panned the electric-car maker less than 24 hours after CEO Elon Musk unveiled the Tesla Semi — its first entry into the electric heavy-duty trucking market — and the new Tesla Roadster.
TransCanada Corp’s existing Keystone pipeline has leaked substantially more oil, and more often, in the United States than indicated in risk assessments the company provided to regulators before the project began operating in 2010.
Electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China.
“Rather, scholarly research attributes those health disparities to other factors that have nothing to do with natural gas and oil operations — such as genetics, indoor allergens and unequal access to preventative care.”
The first thing you notice is the smell. An acrid eau-de-wet-garbage mixed with electrical fire and burning diesel. Mad Max meets scratch and sniff.
At that rate, Bloomberg says, Tesla will have depleted its cash reserves by Monday, Aug. 6, 2018.
The oil industry could lose its century-old grip on the transportation market by 2040 as consumers turn to electric cars, ride-hailing apps and other technologies that could transform the way people get around, researchers predict.
