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Global investors have finally returned to UK stocks, making their highest allocation to British equities since June 2021. UK equities were the third most overweight sector from global investors this month, beaten out only by utilities and banking stocks, Bank of Americas latest Global Fund Manager Survey revealed.
The sale of hybrid-electric vehicles (HEV) increased by 76% from 2020 to 2021, according to the U.S. Since then, there have been two distinct periods of growth prior to the 76% surge in sales from 2020 to 2021. […]. The post Hybrid EV Sales Grew by 76 Percent from 2020 to 2021, DOE Reports appeared first on NGT News.
The European Union reduced its combined pipeline gas and LNG imports by 18% between 2021 and 2024, as consumption slumped by 20%, a gas flow tracking tool of the Institute for Energy Economics and Financial Analysis (IEEFA) showed on Wednesday.
The average price of Indias crude oil imports fell to below $70 per barrel this month, for the first time since 2021, as international benchmarks plunged amid trade and tariff uncertainty. per barrel for the first two weeks of this monththe lowest level since August 2021, Indian outlet Hindustan Times reported on Tuesday.
The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance to reach net-zero emissions by 2050. The Paris-based agency has repeatedly said since 2021 that the world not need any new long lead-time conventional oil and gas projects or coal mines approved
In May 2021, Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy with a new board and new management (see Gulfport Energy Emerges from Bankruptcy w/New Board, CEO/CFO Gone). Later in 2021, the rumors began to swirl. Wow, what a difference four years can make!
The agency shifted its position that investments are needed at some point between 2018 and 2021. By May 2021, the IEA was already advocating for no investments in new oil and gas fields for a chance OPEC reviewed the messages the IEA has issued since 2017 in an article published on its website.
In 2021, the COVID-19 pandemic will accelerate industry trends, with shopping shifting to digital channels and consumers continuing to champion fairness and social justice.
energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future [Read more]
As ExxonMobil, Chevron, Shell, BP, and TotalEnergies reported their Q1 earnings and provided guidance for the second quarter and the rest of the year, oil prices were ending one of the worst months in years, in which oil sank to its lowest level since 2021.
As Americans begin 2021, they are optimistic about the COVID-19 pandemic. A January McKinsey Consumer Survey finds the majority of American consumer respondents said they expect the COVID-19 pandemic to be better within the next nine months, but will continue best practices to avoid illness.
Crude oil prices slumped to their lowest level since 2021 after the U.S. announced a fresh 50% tariff for Chinese imports following Beijings refusal to withdraw its retaliatory 34% tariffs announced in response to Washingtons imposition of a 34% tariff rate on top of already existing levies. per barrel, with West Texas Intermediate at $57.04
GW during Winter Storm Uri in 2021—representing 13% of the U.S. Incremental unplanned generation outages triggered during Winter Storm Elliot spiked to 90.5 GW—significantly more than the 61.8 portion of […] The post FERC, NERC Reveal Disturbing Details from Winter Storm Elliot Inquiry appeared first on POWER Magazine.
Environmental, social and governance (ESG) investing spiked in 2020 and 2021 amid the COVID-19 pandemic with low oil prices driving more investments beyond fossil fuels, while fund managers tried to appear more climate-conscious. Previously, we reported that the ESG investing boom of yesteryears has gone bust.
Sector organizations welcome the plan, but say the crisis that began with spiking energy costs at the end of 2021 now needs to be addressed with urgent actions if the EU has a chance to regain at least part of its competitiveness from before the energy crisis. tariffs to further undermine Europes steel and aluminum sectors, which have
in introducing The Renewable Fuel Infrastructure Investment and Market Expansion Act of 2021, a bill that directs the U.S. Building on her efforts to expand access to higher biofuel blends, Sen. Joni Ernst (R-Iowa) joined Sen. Amy Klobuchar (D-Minn.)
In its International Energy Outlook 2021, the U.S. Energy Information Administration (EIA) estimates the global light-duty vehicle (LDV) fleet contained 1.31 billion vehicles in 2020. It projects this fleet will grow to 2.21 billion vehicles by 2050, and electric vehicles (EV) – any LDV with a charging plug – will grow from 0.7%
Pennecos first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now.
Executives’ overall views on the economy continue to improve. As more and more economies are recovering from the pandemic, perceptions of potential risks are evolving.
President Sadyr Japarovs administration took over management of the mine in 2021 from Centerra Gold, a Canadian firm, amid allegations of environmental hazards and mismanagement, as well as a dispute over profit-sharing arrangements. In 2022, after a
rig count dropped like a rock last week, down 10 rigs to its lowest level since November 2021. The Baker Hughes U.S. It is the first time the count has slumped for four consecutive weeks since 2024. On a happier note, the combined Marcellus/Utica count rose by one rig to 36 active rigs. However, there.
Afghanistan's Taliban rulers were shunned by foreign governments after seizing power in 2021, but recently the hard-line militants have notched up some big wins in their diplomatic efforts to forge international ties.
Agility Fuel Solutions, a global provider of clean fuel solutions for medium- and heavy-duty commercial vehicles, has received 2021 California Air Resources Board (CARB) and U.S. These 2021 CARB and EPA certifications demonstrate our […]. L V8 engine.
The full legislative package combines a $900 billion COVID-19 relief package and an omnibus spending bill for 2021 with tax […]. Included in the legislation are tax credit extensions for carbon capture technology, fuel cells, biofuels, alternative fuels and energy efficiency.
energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. It was the first time since September 2023 that the number of rigs declined [Read more]
24, 2021, by the hydropower The post Accelerating Sustainable Hydropower Development Around the World appeared first on POWER Magazine. The hydropower industry has placed a keen focus on sustainability in recent years. “The San José Declaration on Sustainable Hydropower,” a landmark declaration issued on Sept.
As holiday shopping ramps up—and supply-chain issues persist—forward-looking retailers are already doing things differently. Maintaining customer loyalty will be key.
The ESG funds are known as Article 8 and Article 9 funds under the EUs Sustainable Finance Disclosure Regulation (SFDR), adopted in 2021. The so-called Article 8 funds are registered as promoting ESG goals, while
11, 2021, thanks in part to a grant through the mobility efforts of the state of Michigan. May Mobility, Mcity and Ann Arbor SPARK have launched A2GO, a new autonomous vehicle (AV) shuttle service serving the Ann Arbor community. The free shuttle service is available to the public beginning Oct. Additional partners on A2GO include […].
Its Permians lowest count for 42 months since November 2021. The Texas count is also the lowest since November 2021, and the U.S. count is its lowest since December 2021. The Texas count is also the lowest since November 2021, and the U.S. count is its lowest since December 2021.
a provider of turnkey hydrogen solutions for the global green hydrogen economy, has unveiled its HYVIA hydrogen Renault Master Van H2-TECH prototype at the 2021 Plug Power Symposium, the first time the new hydrogen fuel cell powered van is being shown in North America. Plug Power Inc., The Renault Master Van is a true game-changer […].
In 2021, a Hague court ordered supermajor Shell to reduce its emissions of carbon dioxide by 45% by 2030. Climate activists have also enjoyed years of unrestricted activism, increasingly aimed at disruption and occasionally destruction. All that began to change in 2024, and this turning tide is now gathering speed.
an electric utility, says 100% of its new fleet purchases of aerial and light-duty trucks will be electric or hybrid vehicles beginning in 2021. FirstEnergy Corp.,
rig count dropped, down another three rigs to its lowest level since November 2021. Last week, for the fifth week in a row, the Baker Hughes U.S. There were changes among the Marcellus/Utica states, too. The combined M-U count dropped by one to 36 active rigs. The Pennsylvania Marcellus gained one rig, now at 18.
and Canada, will enter into production in 2021. Kenworth has launched the Kenworth T680E – the company’s first-ever, Class 8 battery-electric model. The new zero-emission Kenworth T680E, now available for order from Kenworth dealers in the U.S. The post Kenworth Launches the T680E appeared first on NGT News.
Since April 2021, Penske has worked with Stem Inc. Penske Truck Leasing continues to expand its fleet electrification efforts, including the evaluation of artificial intelligence (AI) technologies to support the emerging charging needs of battery electric trucks. The pilot project […].
The two-year renewable deal will commence in 2021. Blink Charging Co., an owner, operator and provider of electric vehicle (EV) charging equipment and services, and SemaConnect, a provider of EV solutions to the North American commercial market, have singed an interoperability agreement. This is an important milestone for Blink.
a manufacturer of fully electric Class 5 to Class 8 commercial vehicles, has unveiled its Lyra Series of battery systems, including the Lyra 30 and Lyra 60, to be installed on new Xos vehicles beginning in Q4 of 2021. The second series of proprietary battery systems built and designed by Xos, the Lyra […].
Twelve organizations and individuals were honored at Natural Gas Vehicles for America’s (NGVAmerica) 2021 Industry Summit and Annual Meeting for their contributions toward the advancement of natural gas as a transportation fuel.
According to an analysis of Q2 2021 data from Kelley Blue Book, sales of […]. While the U.S. The post Electric Vehicle Sales Grow 200 Percent Year over Year appeared first on NGT News.
. – has partnered with Cryotek pursuant to an eight-month contract to provide engineering and design for the next generation PowerTap hydrogen filling stations, which are planned to be deployed across North America starting in 2021. PowerTap is excited to work with Cryotek as […].
The deal will see the first 40 trucks delivered by the end of the 2021 calendar year, with the remainder delivered throughout 2022, […]. The post GATR EV Places Major Electric Truck Order appeared first on NGT News.
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