Battery prices are set to fall for a third straight year — though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.
January 15, 2025Government, Business, Technology
Trade Wars May Slow Battery Price Plunge
Business, Fuel
Shell Sees Strong Natural Gas Production in Third Quarter
Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.
October 7, 2024Business, Fuel
Shell Set to Cut 20% of Jobs in Some Oil and Gas Divisions
Shell is set to cut around 20% of its workforce in some oil and gas exploration and development divisions as CEO Wael Sawan works to boost efficiency and profitability.
August 29, 2024Business, Technology, Fuel
Cummins to Build Hydrogen Equipment Factory in Spain
American industrial giant Cummins Inc. plans to build in Spain one of the world’s largest manufacturing facilities for machines that produce hydrogen from electricity.
May 24, 2021Business, Technology, Fuel
Electric-Vehicle Charging Startup Amply Power Secures $13.2 Million
Startup Amply Power has raised $13.2 million from investors including Soros Fund Management to advance the company’s electric-vehicle charging service for commercial fleets.
April 28, 2020