Shell Oil Platforms Hit by Hurricane Ida May Restart Soon
Royal Dutch Shell is hoping to restart its Ursa oil and gas platform in the Gulf of Mexico as early as the first half of November, according to a person familiar with the matter who asked not to be identified because the information isn’t public.
October 22, 2021Stellantis to Partner With Samsung on Second EV Battery Plant for North America
For the second time in a week, Stellantis has announced plans to produce electric vehicle batteries for its North American assembly plants in a joint venture with a South Korean company.
October 22, 2021Tesla Concerned About NHTSA’s Safety Pick
Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.
October 21, 2021Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year
Ford Motor Co.’s new Maverick tiny truck is nearly sold out for the 2022 model year in its standard setup with a gas-electric hybrid propulsion system.
October 21, 2021Tesla Hits Record Profit Despite Parts Shortage
DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
October 20, 2021Seemingly an Odd Couple, Tesla and Texas Becoming Tightly Intertwined
It seems like an unlikely marriage: Tesla, the world’s biggest electric automaker, moving its headquarters to Texas — where the oil and gas industry is etched in the state’s DNA and where, unless something changes, Tesla isn’t even allowed to sell its vehicles directly to customers.
October 20, 2021Baker Hughes Joins Halliburton in Ida-Fueled Oil Services Hit
Another disappointment to jolt the oil services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.
October 20, 2021The Economic and Environmental Benefits of The STEER Act
Program Aired: October 19, 2021. The STEER Act, a new bill introduced by Rodney Davis, will catalyze adoption of active emissions-reducing technologies by the trucking industry, the 3rd largest emitter of carbon dioxide in the US. Its initiatives will help the US continue to lead in cutting greenhouse gas emissions and put money in truckers’ pockets.
October 19, 2021Diesel Spikes 8.5¢ to $3.671 a Gallon
The national average price of diesel continued to surge, spiking 8.5 cents to $3.671 a gallon, according to Energy Information Administration data released Oct. 18.
October 18, 2021Tesla Shares Are Roaring Back
Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted.
October 18, 2021