OPEC daily basket price at US$83.56/bl, WTI Crude stood at $79.16/bl, Crude prices are softeningTotal, BP, Shell, Exxon and Chevron have used their record profits and cash flow to significantly reduce debt since 2020, increased oil and gas and lower carbon investments. Africa Oil Corp. announced...
Octopus Energy, the UK’s third largest energy supplier, now manages over 100MW of electric car charging power via its smart tariff ‘Intelligent Octopus’ – more than the largest battery on the grid. Intelligent Octopus is the UK’s first 100% flexible car charging tariff, providing cheap, clean...
Fischer-Tropsch (FT) experts Sasol Chemicals have pledged to provide start-up Ineratec with some of their latest FT catalyst HAMBURG, Germany--(BUSINESS WIRE)--#Catalyst--Sasol Chemicals will deliver a first fill of its latest Fischer-Tropsch (FT) cat...
The Toyota Mobility Foundation (TMF), a non-profit organization, announced the results of CATCH – The City Architecture for Tomorrow Challenge – a 3-year data-driven innovation challenge launched in February 2020, co-organized by Deloitte Future of Mobility Solution Centre (Deloitte), and delivered in partnership with Kuala...
More sustainable logistics at the BMW GroupThe BMW Group has set itself a very clear milestone: to reduce CO2 emissions throughout a vehicle’s entire value chain, from resources to recycling, by 40 percent from 2019 levels by 2030. This ambitious goal requires closely examining a...
The energy sector is undergoing a transformation, with a growing focus on cleaner energy sources and technologies that reduce greenhouse gas emissions and contribute to a more sustainable future. In this context, hydrogen is emerging as a key player in the energy transition, with a...
Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure and senior professional/senior management employees effective March 1 and April 1, 2023, and changes to its Board of Directors effective the date of its 119th Ordinary General Shareholders' Meeting. TMC...
Neste enables its customers to reduce their greenhouse gas (GHG) emissions by offering renewable and circular solutions to replace fossil products. In 2022, Neste’s renewable solutions helped customers reduce their GHG emissions globally by 11.1 million tons* altogether. This amount equals the annual carbon footprint...
TotalEnergies and the Le Havre Seine Métropole Urban Community are joining forces to supply heat to the urban network of Le Havre Sud. The residual heat recovered from the installations of the Normandy Platform of TotalEnergies will replace the heat currently produced by the combustion...
Petr Brzezina Has Expansive Experience in Energy and Construction Industries CRANBERRY TOWNSHIP, Pa.--(BUSINESS WIRE)--Westinghouse Electric Company today named Petr Brzezina as President for Czech Republic with responsibility for leading efforts to e...
HONOLULU--(BUSINESS WIRE)--On February 10, 2023, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE-HE) increased HEI’s quarterly cash dividend from $0.35 to $0.36 per share, payable March 10, 2023, to shareholders of record at th...
HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) plans to report its Full Year and Fourth Quarter 2022 financial results on Thursday, February 16, 2023. Management will present the results during a conference call and webcast at 9:00 a.m. EST (8:...