XPeng Stock Rises Following Launch Of G9 SUV, City NGP Pilot Program
The flagship G9 SUV, the company’s fourth manufacturing car, will go on sale soon, according to XPeng (NYSE:XPEV). The company said the G9, which is bigger and more technologically advanced than its G3i counterpart, will compete ... [Read]
Aemetis Set to Supply British Airways and Aer Lingus With Sustainable Aviation Fuel (SAF) For San Francisco International Airport Flights
Aemetis, Inc. (NASDAQ:AMTX) today reported a multi-year deal with International Airlines Group (IAG) to provide sustainable aviation fuel (SAF) to assist in powering both British Airways and Irish flag carrier Aer Lingus flights from San ... [Read]
Baker Hughes Launches New Chemicals Facility in Singapore, Expands Presence to Support Regional Markets
Baker Hughes (NASDAQ:BKR), an energy technology firm, is growing its presence in Asia by establishing a new oilfield services chemicals production facility in Singapore, allowing for manufacturing optimization and speedier delivery of fit-for-purpose chemical solutions. ... [Read]
DMC Global Announces Financial Results for Second Quarter
DMC Global Inc. (NASDAQ:BOOM) announced financial results for today’s second quarter ended June 30, 2022. Second-quarter sales were $165.8 million, up 20% sequentially and 153% compared to last year’s period. Arcadia, a leading provider of ... [Read]
Microsoft Reveals That Hydrogen Fuel Cells Could Provide Emission-Free Backup Power For Data Centers
Tech powerhouse Microsoft (NASDAQ:MSFT) has successfully powered a data center in New York with hydrogen fuel cells. It’s part of the company’s effort to find a zero-carbon-emissions substitute for the diesel-powered backup generators that keep ... [Read]
Relief as Oil Prices Drop Massively, but Expert Warns That Celebrations May Be Premature
In the last two weeks, crude oil prices have slipped, and concerns about recession continue to grow, as judged by some commentators. The benchmark for Brent crude is currently at US $109.11 as it gets ... [Read]
Altamin Eyeing Fresh Geothermal Power And More Lithium In Lazio
Altamin (ASX:AZI), an Australian-listed energy company, continues to zero in on Italy’s untapped reservoir of strategic metals. In another exploration project, the company has set its eyes on twin exploration applications to open lithium production ... [Read]
Cenovus Energy Purchases Oil Asset For $600M
Cenovus Energy Inc. (TSX:CVE), an oil and gas company, has agreed to buy the remaining 50% interest on the Sunrise Oil Sands project located in Alberta from BP PLC, a British Oil and Gas company, ... [Read]
FirstEnergy Completes Sale of Its Subsidiary in Transmission Business to Brookfield Super-Core Infrastructure Partners
In part of the bid to support its capital growth program, FirstEnergy Corp. (NYSE: FE), on May 31st, 2022, announced the completion of the sale of 19.9% minority equity stake of its subsidiary, FirstEnergy Transmission, ... [Read]
How Hydrogen-Powered Fuel Cell Vehicles Can Be the PGM Industry of Tomorrow
The political shift towards renewable energy adoption and energy security this year has been exacerbated by Russia’s invasion of Ukraine. This shift has led to a major focus on the hydrogen sector, especially green hydrogen ... [Read]