Tag: Energy industry
Volkswagen profits jump as China leads pandemic rebound
FRANKFURT, Germany — Volkswagen Group's after-tax profit rebounded strongly to 3.4 billion euros ($4.1 billion) in the first three months of the year as...
UN: Cutting methane quickly key to curbing dangerous warming
Cutting the super-potent greenhouse gas methane quickly and dramatically is the world’s best hope to slow and limit the worst of global warming, a...
Rockefeller heirs launch campaign to curb oil and gas growth
Two great-great-grandchildren of Standard Oil Co. founder John D. Rockefeller Sr. are pouring millions of dollars into an effort aimed at supporting people on...
US judge weighs if PG&E violated probation with 2019 fire
SACRAMENTO, Calif. — A federal judge is weighing whether Pacific Gas & Electric violated its criminal probation by sparking a wildfire north of San...
Ford is betting that solid-state batteries will cut EV costs
DETROIT — Ford has raised its stake in a manufacturer of solid-state batteries — a move that its chief product and operations officer, Hau...
Venezuela oil official sent to prison for 2 years for bribes
MIAMI — A former Venezuelan oil executive was sentenced to more than two years in prison for taking at least $12 million in bribes...
How companies rip off poor employees — and get away with it
Already battered by long shifts and high infection rates, essential workers struggling through the pandemic face another hazard of hard times: employers who steal...
Saudi oil firm Aramco’s first-quarter profits up by 30%
DUBAI, United Arab Emirates — Saudi Aramco's profits soared by 30% for the first-quarter of the year, compared to last year, riding on the...
Lebanon and Israel resume indirect talks on maritime border
NAQOURA, Lebanon — After a nearly six-month pause, Lebanon and Israel on Tuesday resumed indirect talks with U.S. mediation over their disputed maritime border....
Oil pipeline builder agrees to halt eminent domain lawsuits
MEMPHIS, Tenn. — A company seeking to build a disputed oil pipeline over an aquifer that provides drinking water to 1 million people agreed...
