Environment

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Exxon said Thursday that it intends to reduce its U.S. staff by around 1,900 employees as the energy giant continues to see its operations pressured by the coronavirus pandemic. The layoffs will occur through a mix of voluntary and involuntary programs.

October 29th, 2020 by Steve Hanley  Elon Musk says he expects Tesla’s energy business will one day be equal to or exceed its automotive business. That day may be some time in the future but the company is clearly expanding its solar and battery operations rapidly, both for grid scale and residential applications. Courtesy of

October 29th, 2020 by Rocky Mountain Institute  How rural America can capitalize on the economic development benefits of the ongoing clean energy transition. Originally published on RMI website.By Kevin Brehm We’re living in an era of big numbers and rapid shifts. In a matter of weeks, the pandemic transformed the lives of billions all over

A Shell tanker truck delivers fuel to a gas station, operated by Royal Dutch Shell Plc., in Rotterdam, Netherlands. Jasper Juinen | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported better-than-expected third-quarter earnings and announced plans to increase its dividend to shareholders. The Anglo-Dutch company reported adjusted earnings of

October 28th, 2020 by Zachary Shahan  The theme of the past decade in the energy industry has been sharply dropping solar power, wind power, and battery prices. This has already led to enormous changes in the energy sector across the world. However, it’s sort of like the arrival of somewhat low-cost cellular flip-phones. Yes, their

October 28th, 2020 by Zachary Shahan  Solar power continues to plow forward thanks to record-low costs that have followed a long, long slide (or at times avalanche) in solar panel prices. This week we got news of Iowa getting its largest solar power park to date. Photo courtesy of Clēnera Renewable energy company Clēnera and

October 28th, 2020 by Zachary Shahan  Solar panels, wind turbines, solar panels, wind turbines, solar panels … you know the theme in the energy-generation sector. However, we’ve got a fun one tonight that doesn’t get much love — because it’s hardly deployed anywhere. As you might have guessed from the headline, I’m talking about tidal

October 27th, 2020 by Press Release  Penske is first truck leasing and rental company to deploy electric vehicles with customers operating in California LIVONIA, Michigan — ROUSH CleanTech, known for its advanced clean transportation solutions, is providing Penske Truck Leasing with all-new Ford F-650 battery electric vehicles later this year for deployment across Southern California.

A BP company logo is displayed on a fuel pump on the forecourt of a gas station operated by BP Plc in London, U.K. Chris Ratcliffe | Bloomberg | Getty Images LONDON — Energy giant BP on Tuesday reported a small profit for the third quarter, beating analyst expectations as the company benefited from stronger

October 26th, 2020 by Guest Contributor  Originally published on EV Annex.by Charles Morris Solar energy already powers almost everything on Earth — including us. Fossil fuels, hydropower, wind — to a large extent, all of these so-called energy sources rely on stored energy that ultimately came from good old Sol. Converting the sun’s rays directly

A picture taken on June 3, 2020 shows an oil refinery in Libya’s northern town of Ras Lanuf. – Libya’s National Oil Company said Monday it had restarted production at Al-Fil oil field, closed since January by the forces of eastern military strongman Khalifa Haftar. The NOC’s announcement came a day after output resumed at

October 26th, 2020 by Tina Casey  Follow. The. Money. For all the talk about saving coal jobs over the past four years or so, the US Department of Energy has been pushing dollar after dollar onto the renewable energy plate. In the latest twist, the Energy Department is ramping up its efforts to bring affordable

October 26th, 2020 by Zachary Shahan  The International Energy Agency has a long history in fossil fuels. It is not the first, second, or third organization that would come to mind when thinking of renewable energy bulls or fans. However, its latest report indicates that solar power is now the “cheapest electricity in history.” The

October 25th, 2020 by Zachary Shahan  “If it ain’t broke, don’t fix it.” That’s a maxim that I imagine could get you fired from Tesla. Tesla is obsessively focused on “fixing” what is working fine but not working as well as it could be. Tesla is obsessively trying to take products and systems apart, whittle

A Tesla Model 3 vehicle set to be delivered to a company employee moves off an assembly line during a ceremony at the company’s Gigafactory in Shanghai, China, on Monday, Dec. 30, 2019. Tesla spent over $1 billion in the most recent quarter on factories, including one in Germany, and Elon Musk has hinted that

LONDON — When Hurricane Katrina devastated New Orleans in 2005, it proved to be a tipping point for Walmart, the world’s largest retailer.  While the business was doing well at the time, it was focused on customers and employees over the broader environment, according to CEO Doug McMillon. “We were a large company but had