Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron’s site in Pungesti, Romania, April 8, 2014. Bogdan Cristel | Reuters Chevron shares declined Friday after the company reported a mixed quarter, despite surging oil and gas prices. Chevron earned $2.56 per share excluding items during the
In this article RWE-DE ENR-DE RDSA-GB Animaflora | iStock | Getty Images A 20 megawatt hydrogen electrolyzer described as “one of the world’s largest” has begun operations, energy major Shell said Friday. Located in Zhangjiakou, Hebei Province, China, the electrolyzer will produce green hydrogen for fuel cell vehicles being used at Zhangjiakou’s competition zone during
We’re in the midst of an energy transition. Renewable power and electric vehicles are getting cheaper, the grid is getting greener, and oil and gas companies are getting nervous. That’s why the fossil fuel giants are looking towards petrochemicals, and plastics in particular, as their next major growth market. “Plastics is the Plan B for
A woman shovels her car out of the snow during a major snowstorm on Jan. 29, 2022 in Stony Brook, New York. Andrew Theodorakis | Getty Images After a few months of winter and two major snowstorms pounding much of the eastern U.S. in January, many Americans may be realizing they’re in for elevated heating
Oil pumpjacks operate in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration on Monday announced it will send $1.15 billion to states to plug thousands of orphan oil and gas wells that emit methane, a potent climate-changing greenhouse gas. Methane is a main component
The LanzaJet Freedom Pines Fuels plant in Soperton, Ga., is expected to begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol in 2023. Photo courtesy LanzaJet Jet fuel is a notorious bugaboo in the race to lower emissions. Chicago-based start-up LanzaJet is trying to address the problem by producing
In an aerial view, dry cracked earth is visible at Nicasio Reservoir on June 16, 2021 in Nicasio, California. Justin Sullivan | Getty Images California water officials warned on Tuesday that the state is set to face another dry year after experiencing a significant lack of snow in January, potentially marking its third consecutive year of
A bitcoin sculpture made from scrap metal is installed outside the BitCluster cryptocurrency mining farm in Norilsk, Russia, on Sunday, Dec. 20, 2020. Andrey Rudakov | Bloomberg | Getty Images Cryptocurrency start-ups are having a solid start to the year, bagging hundreds of millions of dollars in fresh cash even as investors grow wary about
A digital platform which allows consumers to buy, sell and swap designer handbags has won backing from a host of luxury goods executives including a former boss of Jimmy Choo. Sky News understands that Luxury Promise, which was founded in 2017, will announce this week that it has raised $11m in a funding round led
Another Tory MP has revealed he has submitted a letter of no confidence in the prime minister over his handling of partygate allegations – the third today. Sir Gary Streeter, one of the Conservative Party’s longest-serving MPs, is the latest to add his name to the list of those who have publicly announced they are,
Boris Johnson has told Vladimir Putin of his “deep concern about Russia’s current hostile activity” on the Ukrainian border amid fears Moscow is planning to invade its neighbour. More than 100,000 Russian troops have amassed near the border in a major military build-up. The prime minister spoke to the Russian president in a phone call
Speculations about a second Trojan asteroid sharing Earth’s orbit have come to an end. Researchers have confirmed that it’s indeed real. Astronomers believed they had discovered a second Trojan asteroid orbiting Earth in 2020, which sparked rounds of speculation. Scientists affirm that the first confirmed Trojan asteroid isn’t an exceptional case after the most recent
Google parent Alphabet said its board approved plans for a 20-for-1 stock split on Tuesday as part of the technology company’s quarterly earnings statement. Alphabet stock was up as much as 8% following the news. The move comes a year and a half after Apple most recently split its stock, giving three shares for each
Conservative MP Tobias Ellwood has told Sky News he will be submitting a letter of no confidence in Boris Johnson today. The senior Tory, who is chair of the Defence Select Committee, revealed in an interview with Kay Burley that he would be making the move. He said it is “time to resolve this” as
Santander has flagged up the likelihood of a mortgage price battle as lenders fight to offer the best deals even as the Bank of England raises interest rates. In a results statement revealing a big rise in annual profits for 2021, the Spanish lender’s UK arm said it expected its margin on loans this year
The executive producer and host of Gimlet Media’s Science Vs podcast said she would devote her fact-checking show exclusively to contradicting misinformation on other podcasts carried by parent company Spotify. The announcement by Wendy Zukerman builds on protests by Neil Young, Joni Mitchell, and others against Spotify’s Joe Rogan Experience Podcast. They say Spotify is
A two-year-old girl has been found dead in a back garden after being reported missing. The toddler was found unresponsive in Reede Road, Dagenham, east London, shortly before 5pm on Saturday. Paramedics tried to save her but she was pronounced dead at the scene. The Metropolitan Police said officers went to the home at around
Google owner Alphabet defied the gloom surrounding the tech sector as its surging internet ad business helped it deliver better than expected results. Shares rose nearly 9% in after-hours trading after Alphabet said revenues for the fourth quarter jumped by 32% year-on-year to $75.3bn and profits rose 36% to $20.6bn. For the full year, sales
Marks and Spencer and Aldi have reached a settlement in a copyright dispute over the design of their caterpillar cakes. M&S launched legal action against the German discount store in April 2021, accusing its rival of copying the design of its Colin the Caterpillar cake in a bid to force Aldi to take its Cuthbert
7:39 PM ET Australian fighter Tai Tuivasa said his heavyweight bout with Derrick Lewis is a fantastic opportunity, even if he agreed to the UFC 271 showdown against the American while “pissed.” Riding a four-fight win streak after a bumper 2021 that saw him defeat Harry Hunsucker, Greg Hardy and Augusto Sakai, Tuivasa has solidified