Rising fuel prices and prolonged oil supply disruptions could accelerate electric vehicle adoption across emerging markets, potentially capping future oil demand growth and creating unexpected challenges for the global tanker shipping industry.
Seven U.S. states led by New York sued the Trump administration on Tuesday for cancelling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects.
President Donald Trump is planning to use Cold War-era national defense powers to send nearly $700 million to support coal facilities, according to a White House official.
Supporters of a long-stalled push to expand nationwide sales of higher-ethanol E15 gasoline are pursuing an uphill strategy to get the measure through a divided Senate, the last big hurdle before the policy lands on President Donald Trump's desk for signing.
The latest installations of wind propulsion technology on large commercial vessels have pushed the global fleet of cargo ships capable of harnessing wind energy beyond the 100-vessel milestone, representing over five million tonnes of deadweight (DWT) cargo carrying capacity.
HD Hyundai Heavy Industries (HHI) and BAR Technologies have signed a Memorandum of Understanding (MOU) to establish a strategic partnership focused on technical collaboration and commercial opportunities for the integration of WindWings®.
It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”
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