In partnership with Pilot Co., General Motors is making plans to build and install around 2,000 electric vehicle fast chargers at 500 Pilot and Flying J locales across the U.S. highways. Pilot Co. owns the Pilot and Flying J travel centers. EVgo, an EV charging network, will install, operate,...
Berkshire Hathaway has announced that it has increased its stake in Occidental Petroleum and purchased another 9.9 million shares of the company’s stock. Berkshire’s latest purchase gives the multinational conglomerate holding company a 17.4 percent stake in the hydrocarbon exploration and oil company. Berkshire, led by CEO Warren Buffett, paid...
Tesla has reported that its electric vehicle deliveries reached 310,048 in the first quarter of the year. The deliveries fell slightly short of analysts’ expectations. Analysts had predicted 317,000 vehicle deliveries for Tesla during the first three months of 2022. Vehicle deliveries are an estimation of Tesla’s sales numbers. The...
The International Energy Agency declared that energy-related CO2 emissions reached an all-time high last year due to coal-fueled energy, with an increase of 6 percent of CO2 emissions in 2021, or precisely 36.3 billion metric tons. Of this, coal was responsible for 40 percent of the growth, reaching 15.3...
In search of Earth-friendly options, aircraft manufacturers and airlines have been looking into alternative fuels to reduce their carbon emissions, which currently account for more than 2% of the world's total emissions. Airbus believes it has found a solution that could be tested in flight by 2026. Airbus has ambitiously...
BP, British oil and gas giant, closed out the fourth quarter with significant gains. In fact, the company's full-year net profit was the highest it has been in eight years. This is largely due to global gas markets rising towards the end of 2021 and an oil price rally...
MidAmerican Energy, a subsidiary of Warren Buffett’s behemoth Berkshire Hathaway, is planning “feasibility studies” focused on renewable projects like energy storage, carbon capture, and small modular nuclear reactors. The $3.9 billion project would be headquartered in Iowa and would combine solar and wind power. As per the American Clean...
General Motors has announced its plans to manufacture two new Chevrolet Silverado electric vehicles. The first will be a work truck, while the second electric pickup will be a fully-loaded luxury model of its Silverado. The automaker will launch the new vehicles next year. The work truck will sell at...
