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News & Updates

July 22, 2016 Crude oil prices face weekly decline as glut fears persist

Source: Reuters

Crude futures were on track for weekly losses on Friday as investors reassessed U.S. data on oil stocks and excesses in oil products in Europe and Asia.

July 21, 2016 U.S., Enbridge reach $177 million pipeline spill settlement

Source: Reuters

Canadian pipeline operator Enbridge Inc (ENB.TO) has agreed to pay $177 million in penalties and improved safety measures in a settlement with the U.S. government tied to one of the largest inland oil spills in U.S. history.

July 21, 2016 Tesla CEO Elon Musk Announces Heavy Truck, Ride Sharing Fleet of Cars

Source: Bloomberg

Elon Musk unveiled his latest “master plan” for Tesla Motors Inc., delivering a long-term vision that includes an integrated solar and battery product, the addition of a pickup, freight truck and bus to its electric vehicle...

July 21, 2016 These Clean Energy Projects Pollute More Than Coal Power Plants

Source: Bloomberg

Geothermal wells usually provide a steady supply of clean energy flowing from the natural heat of the Earth. In Turkey, because of a quirk in the geology, some of those wells pollute as much as coal-fired power plants.

July 20, 2016 Treasury cut to carbon capture will cost UK £30bn, says watchdog

Source: The Guardian

The government’s cancellation of a pioneering £1bn competition to capture and store carbon emissions may have pushed up the bill for meeting the UK’s climate targets by £30bn, according to a report from the UK’s official spending...

July 20, 2016 Port of Baltimore welcomes new generation of cargo ships

Source: Washington Post

BALTIMORE — The port of Baltimore has welcomed the first-ever mega-container ship to arrive at its docks through the newly expanded Panama Canal, marking what officials call a “new era” for the port.

July 20, 2016 Study: Fracking may worsen asthma

Source: Tri-Valley Dispatch

CHICAGO — Fracking may worsen asthma in children and adults who live near sites where the oil and gas drilling method is used, according to an 8-year study in Pennsylvania

July 20, 2016 No **** Sherlock: Renewable Energy is a Disaster, New York Times Reveals

Source: Breitbart

Germany, Europe’s champion for renewable energy, seems to be having second thoughts about its ambitious push to ramp up its use of renewable fuels for power generation.

July 19, 2016 US says autos can meet 2025 fuel economy targets

Source: Washington Post

The U.S. government says the nation’s cars and trucks are well on their way to meeting fuel economy and emissions standards set for 2025. But if gas prices stay low and consumers keep buying less-efficient vehicles like SUVs, the...

July 19, 2016 Mercedes' autonomous Future Bus just drove through Amsterdam

Source: Mashable

Mercedes-Benz revealed its latest creation on Monday morning. Called the Future Bus, it's the first city bus that can drive autonomously.

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