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Energy

Utah Maintains Hope for Geothermal Energy Possibilities

by Craig Fedirighi
Utah Maintains Hope for Geothermal Energy Possibilities

If you haven’t already, go and read the WIRED feature article “A Vast Untapped Green Energy Source Is Hiding Beneath Your Feet,” which details the quest to tap into geothermal …

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Categories Business

Pioneer’s Robust Quarterly Performance Conceals Its Greatest Highlight

by Milton Acorn
Pioneer’s Robust Quarterly Performance Conceals Its Greatest Highlight

Pioneer Natural Resources (PXD) reported strong second-quarter profits and cash flow after the bell Tuesday, but favorable revisions to its guidance shined the brightest. Pioneer’s oil-and-gas revenue totaled $2.98 billion, …

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Categories Science

Caterpillar Achieves Record Performance, Resolving Issue That Affected Q1 Stock Performance

by Milton Acorn
Caterpillar Achieves Record Performance, Resolving Issue That Affected Q1 Stock Performance

Club holding Caterpillar (CAT) announced impressive second-quarter results, leading to a surge in stock prices by over 8% to a record high of over $287 per share. Revenue for the …

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Categories Science

Significant Decrease in Profit Attributed to Declining Oil and Gas Prices

by Adrian Jhonsan
Significant Decrease in Profit Attributed to Declining Oil and Gas Prices

The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil …

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Categories World

The U.S. and Europe are experiencing a significant surge of environmental opposition.

by Milton Acorn
The U.S. and Europe are experiencing a significant surge of environmental opposition.

Demonstrators hold placards and chant slogans during a rally to protest against the expansion of the Ultra Low Emission Zone (ULEZ) in London, at Marble Arch, central London, on June …

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Categories Science

Queensland Government Introduces Rebates for New Energy-Efficient Home Appliances with a Four-Star Rating

by James Odonell
Queensland Government Introduces Rebates for New Energy-Efficient Home Appliances with a Four-Star Rating

Queensland residents are being offered financial incentives to buy energy-efficient home appliances, including up to $1000 off a new solar hot water system. Washing machines, dishwashers, dryers, fridges and air …

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Categories Politics

New oil and gas licenses issued by UK government trigger outrage among climate campaigners

by Milton Acorn
New oil and gas licenses issued by UK government trigger outrage among climate campaigners

“Now more than ever, it’s vital that we bolster our energy security,” U.K. Prime Minister Rishi Sunak said Monday. Christopher Ames | E+ | Getty Images The U.K. government on …

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Categories Science

Mercedes-Benz CEO highlights the transition to zero-emission mobility as a long-term commitment

by Milton Acorn
Mercedes-Benz CEO highlights the transition to zero-emission mobility as a long-term commitment

A Mercedes-Benz EQA photographed in Berlin on Jan. 20, 2021. Sean Gallup | Getty Images News | Getty Images The shift to zero-emission mobility should be viewed as a marathon …

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Categories Science

First Solar’s Fifth U.S. Factory Unveiled as Inflation Reduction Act Boosts Domestic Manufacturing

by Milton Acorn
First Solar’s Fifth U.S. Factory Unveiled as Inflation Reduction Act Boosts Domestic Manufacturing

A worker at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters First Solar, the nation’s largest solar panel manufacturer, announced Thursday that it will build its …

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Categories Science

Energy stocks benefit as oil prices rally

by Milton Acorn
Energy stocks benefit as oil prices rally

A long-awaited rally in crude oil prices has helped the Club’s three oil-and-gas companies become some of our top-performing stocks over the past month. And with new signs the commodity …

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Categories Science
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