Natalie Sherman BBC News Chevron plans to slash its workforce by as much as 20% by the end of 2026, as it embarks on a wider cost-cutting effort. The company said the reductions would simplify its structure and enable it to act faster, better positioning the firm for long-term growth. The oil giant employed more…
The researchers describe the internal chemistry as forming an ion Pioneers on the front line of battery research are already looking for the next frontier “beyond” lithium-ion science. And a special additive could be the secret to unlocking the promising tech, according to experts at Argonne National Laboratory. The plan — using some fitting transportation-related nomenclature — is…
Lithium ore falls from a chute at a facility in Australia in this file image. Carla Gottgens/Getty Images/Bloomberg Creative Photos© Carla Gottgens/Getty Images/Bloomberg Creative Photos Russia wants to become a top lithium producer but faces a challenging environment. Its largest lithium mining project was sanctioned by the US in January. China, a partner in Polar Lithium,…
Like many established “old-school” automakers, Swedish automaker Volvo committed in 2021 to transforming its lineup of luxury sedans, SUVs, and station wagons into electric cars. The company committed to phasing out “any car in its global portfolio with an internal combustion engine, including hybrids,” making a bold claim that buyers would shift from their gas-guzzlers to…
China has announced retaliatory tariffs against the US after President Donald Trump imposed a 10% tax on all Chinese imports. The counter-measures include a 15% tax on coal and liquefied natural gas imports from the US, while crude oil, agricultural machinery, pickup trucks and large-engine cars will face a 10% tariff. These are expected to…
The Energy Secretary Ed Miliband is standing by the government’s pledge to bring down household energy bills by “up to £300 by 2030”. Energy bills went up in January and are expected to rise again in April and Miliband has faced repeated questions about whether that pre-election promise is deliverable. He has blamed fossil fuel prices for the…
The owner of a major gas terminal said it welcomed Sir Keir Starmer’s pledge to “build, baby, build” more nuclear power stations. There has been speculation that the firm which owns the Bacton terminal in Norfolk has been interested in constructing a nuclear plant there. Viaro said it was still in the early stages of…
Alemania y Europa están bien preparadas para hacer frente a graves interrupciones del suministro de gas a largo plazo, según un informe de la consultora PwC que evalúa la fiabilidad de las infraestructuras gasistas. Aunque pueden producirse “efectos importantes” inmediatamente después de una interrupción, los mercados energéticos se recuperarían en un periodo de cinco años y volverían…
Aunque el gas natural no domina los titulares como en 2022, cuando los precios europeos superaron los 300 euros por megavatio-hora, los precios actuales son varias veces más bajos, aunque siguen siendo significativamente más altos que los niveles observados hace apenas unos años. Sin embargo, los estadounidenses siguen disfrutando de los beneficios del gas barato.…