Energy Topics & Technology

Auto Added by WPeMatico

Tesla Slow to Make its Superchargers More Widely Accessible

Bloomberg News Bloomberg NewsTesla Inc. promised to drop the wall on its so-called charging “walled garden” two years ago, making its Superchargers accessible to all EVs. In turn, virtually every brand in the auto industry pledged to put Tesla ports in its electric vehicles.Those commitments, once fulfilled, will make Tesla the standard for automobile plugs in America, particularly …

Tesla Slow to Make its Superchargers More Widely Accessible Read More »

U.S. Natural Gas Drillers to Lift 2025 Output, Reversing Year of Cuts

Summary US gas output to fall in 2024 for first time since 2020 US spot gas prices to rise over 40% in 2025 from 2024 levels US LNG exports to jump 14% in 2025 over levels in 2024 (Reuters) – U.S. natural gas producers will boost output in 2025 following a series of production cuts …

U.S. Natural Gas Drillers to Lift 2025 Output, Reversing Year of Cuts Read More »

Trump 2.0 Won’t Reverse Biden’s Critical Minerals Push

By Andy Home LONDON, Nov 21 (Reuters) – Donald Trump has described the Inflation Reduction Act (IRA) as a “green scam” and vowed to repeal it after he returns to the White House in January. This is bad news for sectors such as electric vehicles (EV) and wind power, which have been major recipients of …

Trump 2.0 Won’t Reverse Biden’s Critical Minerals Push Read More »

Container Shippers Hedging Green Transition with Dual-Fuel Vessel Orders

Summary Container shipping firms are at the vanguard of the green push Order books reflect uncertainty over supplies of cleaner fuels Dual-fuel LNG ships make up the bulk of container ship orders Shippers invest in other green fuels like methanol, ammonia, hydrogen LOS ANGELES, Nov 21 (Reuters) – Container shipping companies like Maersk , CMA …

Container Shippers Hedging Green Transition with Dual-Fuel Vessel Orders Read More »

Northvolt Hires Restructuring Expert to Oversee its Main Factory

Several investors have already dropped out of Northvolt’s rescue talks Bloomberg News Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the struggling battery maker to mend its finances outside of bankruptcy court. O’Donnell, who has helped Thames Water engage with creditors, will become chairman of Northvolt …

Northvolt Hires Restructuring Expert to Oversee its Main Factory Read More »

Ford to Slash 4,000 Jobs in Europe as EV Transition Loses Momentum

Peers including Volkswagen AG and Stellantis NV have issued profit warnings in recent months Bloomberg News Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the transition to electric vehicles is losing traction industry-wide. The reductions — which amount to about 14 per cent of Ford Europe’s …

Ford to Slash 4,000 Jobs in Europe as EV Transition Loses Momentum Read More »

US Crude Stocks and Gasoline Inventories Rise, Distillate Stocks Fall, EIA Says

(Reuters) – U.S. crude stocks and gasoline inventories rose while distillate stockpiles fell in the week ending November 15, the Energy Information Administration said on Wednesday. Crude inventories rose by 545,000 barrels to 430.3 million barrels last week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 138,000-barrel rise. Crude stocks …

US Crude Stocks and Gasoline Inventories Rise, Distillate Stocks Fall, EIA Says Read More »

Exxon Mobil Signs Non-Binding Lithium Supply Deal with LG Chem

Summary Preliminary deal for 100,000 metric tons over several years Arkansas must first set lithium royalty rate Exxon sees lithium demand rising despite Trump’s EV comments Exxon still deciding on which direct lithium extraction technology to use HOUSTON, Nov 20 (Reuters) – Exxon Mobil  said on Wednesday it has signed a non-binding lithium supply deal …

Exxon Mobil Signs Non-Binding Lithium Supply Deal with LG Chem Read More »

BP’s Whiting Refinery in Indiana Delays Return to Service, Sources Say

(Reuters) – The return to service of BP’s Whiting, Indiana refinery has been delayed, industry sources said. BP started the planned turnaround activity at its 435,000 barrel-per-day refinery in late September. The refinery began restarting units involved in the turnaround in early November. A source said at least two of the units have experienced startup …

BP’s Whiting Refinery in Indiana Delays Return to Service, Sources Say Read More »

TC Energy Forecasts Higher 2025 Core Profit on Natgas, Electricity Demand

(Reuters) – TC Energy  said on Tuesday it expects 2025 core profit to be in the range of about C$10.7 billion ($7.63 billion) to C$10.9 billion ($7.78 billion), higher than its 2024 forecast, due to rising demand for natural gas and electrification. The U.S. Energy Information Administration, in its latest short-term energy outlook report, saw the …

TC Energy Forecasts Higher 2025 Core Profit on Natgas, Electricity Demand Read More »