Musk axes Tesla's Cybertruck in favour of self-driving taxis
Elon Musk says Tesla will wind down Cybertruck production in mid-2027 after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks.
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Elon Musk says Tesla will wind down Cybertruck production in mid-2027 after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks.
KYIV — Ukrainian President Volodymyr Zelenskyy on Friday warned that Russian planned a fresh strike against Ukraine's energy sector and renewed his call for Patriot anti-missile systems.
At dinner, for instance, someone might eat a salad dressed in olive oil first and then have chicken and pasta, which can raise blood sugar, together.
Investigators discovered fuel tanks and large fuel bladders concealed inside the truck.
Australia's booming tallow industry could help reduce the nation's reliance on imported fuel, with plans to turn animal by-products into renewable fuels on home soil.
Seafarer killed in Gulf as Iran says ships ablaze in Hormuz A seafarer was killed when a Greek-owned oil tanker was struck by a projectile in the Gulf, its owner said on Friday, as Iran said several tankers had caught fire after hitting mines in the Strait of Hormuz. The Marshall Islands-flagged Velos Sapphire was s…
Three years on from Cop28 in Dubai, technological advancements rather than governments are spearheading energy transition
The agreement could bring down U.K. electricity prices, but progress has been slow.
OIL companies are expected to implement a big price rollback next week, resulting from global market reaction to recent developments in the Middle East and the United States midterm elections, local oil industry sources said on Friday.
SINGAPORE — Global supply shocks and fossil fuel market volatility are driving an “unprecedented realignment of power engineering and energy architecture, accelerating deep structural transitions toward grid electrification, solar deployment, and nuclear generation,” according to International Energy Agency Executiv…
Alparslan Bayraktar welcomes crude export diversification amid Hormuz blockage
Released in 2023, the truck has become a symbol to some of opposition to Musk amid foray into US politics.
The claim follows an explosion believed to have been caused by a missile attack on an oil products tanker in the Gulf earlier on Thursday, killing one seafarer, the ship's manager said on Friday.
German industrial group is drawing on lessons from Ukraine as the Iran war forces a costly rethink of electricity infrastructure
What happened to climate injustice? Continue reading...
HARRISBURG, Pennsylvania— After a campaign season filled with outrage against artificial intelligence data centers, the midterm elections ushered in a wave of Democrats pledging to clamp down on the energy-hungry behemoths.
The Cybertruck and its polarizing design gained a niche following, but it did not achieve mass-market sales and Tesla has issued several voluntary recalls.
Tesla To "Wind Down" Cybertruck Production At Gigafactory Texas "Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year to make room for increased Cybercab production," Elon Musk revealed on X early Friday morning. Tesla will be winding down production of the Cybe…
Decision made in order for factory in Texas to be used for Cybercab, the carmaker’s self-driving taxiElon Musk has announced that Tesla will wind down production of its Cybertruck, marking the end of a failed effort to take a chunk of the lucrative market for pickups in the US.The billionaire chief executive said pr…
Trump, Qatar's Emir Discuss Iran Peace Deal As Brent Suffers Biggest Weekly Drop Since COVID Crash Brent crude futures briefly tumbled to $96 a barrel before rebounding to $98.50 as diplomatic efforts to end the nine-month war with Iran progressed toward the end of the week. President Trump spoke with Qatar's emir a…
As rooftop solar begins to catch on in the Philippines, Pakistan shows why the country must make sure the boom reaches more Filipinos without leaving the power grid struggling to keep up
Butane's Perfect Storm Sends Prices To Decade Highs Authored by Natalia Katona via OilPrice,Butane prices are surging across the world. Northwest European November butane prices have reached $1,125/t by early November, their highest level in 30 years, having exceeded even the peaks following Russia's invasion of Ukr…
Iran warns missile response to new attack could extend to Europe An Iranian lawmaker has warned that any new US or Israeli attack could prompt missile strikes reaching Europe, adding that the response could push oil prices above $150 a barrel. “The range of the responding missiles will also encompass Europe, and thi…
Rate hikes could be curbed by an Iran war resolution, slower U.S. growth and fresh fiscal policy — but none are set in stone.
Higher production at Khor Mor gasfield boosts earnings despite security disruptions
Elon Musk said the production wind-down would enable the automaker to focus on its newly launched Cybercab.
Beyond the nuclear question, critics warn that a Pax Silica deal should be studied well to prevent any exploitative arrangements reminiscent of the Philippines’ colonial past
UN climate negotiations beginning in Turkey next week will follow marked by a environmental disasters including heatwaves across Europe and catastrophic flooding in Nepal. A key issue at this year’s talks is the implementation of pledges to phase out fossil fuels.
The industry ministry called on the firm to eliminate the insular nature of its highly specialized nuclear power division.
Brent on track to post 12 per cent loss for week
IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait Iran's Islamic Revolutionary Guard Corps (IRGC) navy announced that two oil tankers caught fire after being struck by mines while attempting to transit through the Strait of Hormuz. The statement said that the two "offending" vessels - "one…
A senior Iranian lawmaker said the country is letting commercial vessels from China and three other countries bypass restrictions in the tightly controlled Strait of Hormuz, securing China’s access to oil, including a large quantity sold by Iran itself. Ships from China, India, Iraq and Qatar had been “granted exemp…
European and Asia-Pacific markets slide after Wall Street rout, while latest US jobs report beats forecastsDespite the sharp losses suffered on global stock markets around the world, most indices are still up for the year.The Nasdaq Composite index, for example, is still up 4.6% since the start of January – even tho…
Deal represents first sale of hydrocarbons from XRG’s international portfolio
An EU funding crunch is threatening to stifle the bloc’s ambitions to expand its influence in Southeast Asia, as Brussels grapples with a budget deadlock that could slow infrastructure investments across the fast-growing region. The funding squeeze could hinder the green transition and regional connectivity goals of…
Queensland Water Minister Ann Leahy says rapid industrial growth in the Western Downs could help drive private investment in major water infrastructure projects, including the long-discussed Nathan Dam project.
IOI Group has been working with state utility, eyes more deals
Oil prices fell Friday as investors weighed the risk of renewed Iran war escalation after the midterms, alongside prospects for a diplomatic breakthrough.
Bob McNally predicts that both Brent and West Texas Intermediate futures will jump above $100.
Saudi-backed league announces it would begin an orderly liquidation process after failing to secure financing
Doctors warn of hidden caffeine in soft drinks and workout shots
MANILA, Philippines — Oil companies are expected to implement a big-time price rollback next week as the global market reacted to recent developments in the Middle East and the US mid-term elections, local oil industry sources said on Friday.
If the UN climate summit wants to honor the dead, it should pay for the flood-warning systems they never got — then get out of the way of Nepal’s growth.
Our cartoonist's take on Lebanon cutting electricity to public institutions over outstanding bills
Instability in the Middle East is exposing the vulnerability of supply chains
Palestinian farmers in the occupied West Bank have been allowed limited access to their olive groves under Israeli military restrictions. Many found damaged trees, while soldiers fired tear gas near the harvest.
Just 12 refineries are running at reduced capacity following the precision strikes.
MOSCOW — Russian President Vladimir Putin received Iran's security chief, Mohsen Rezaei, in Moscow Thursday to discuss strengthening ties between their two countries, including a pipeline to import Russian gas.
Ukrainian President Volodymyr Zelensky has appealed to Spain and Latin American countries for urgent help repairing Ukraine's damaged energy infrastructure. He also met King Felipe VI during the Ibero-American Summit in Madrid.
While Top End temperatures are only sitting about half a degree above average for this time of year, the Bureau of Meterology says increased humidity and less wind are combining to create stifling build-up conditions.