May 01, 2024 Last Updated 10:24 AM EDT

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Energy

Former SpaceX Engineer to Build Space-Based Solar Power to Provide 'Infinite Energy' for Earth

Virtus Solis, led by former SpaceX engineer John Bucknell, aims to use SpaceX's Starship for affordable space-based solar power, envisioning large solar arrays in orbit to provide constant energy to Earth by 2030.

Potential Gas Price Change Anticipated Following Chevron and Exxon Mobil Q1 Profits Dip

Chevron (CVX) and Exxon Mobil (XOM) reported a decline in first-quarter revenue compared to the previous year, citing lower margins on refined product sales, sparking concerns among investors about th..

US Solar Firms Urge Biden Admin to Apply Tariffs on Southeast Asian Imports

A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market...

SunPower Announces Mass Layoff as it Ceases Residential Installations

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations...

California Sets Renewable Energy Record: Solar Power Surges, Exceeds 100% Grid Demand for 30 Days Straight

California achieves a historic feat, powering the grid with 100% renew...

Biden Administration Permits Over 25GW of Clean Energy on Public Lands, Surpassing 2025 Renewable Energy Goal

This milestone aligns with President Biden's goal to make the US power...

Latest News

Oil rebounds towards $57 as weaker dollar overshadows China slowdown
Brent crude reversed early losses to trade back towards $57 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time
CNOOC's Nexen closing down crude oil trading division - sources
Nexen Energy, a wholly owned subsidiary of China's CNOOC Ltd (0883.HK), is closing its crude oil trading division following a round of job cuts announced last week, four market sources said on Monday.
Oil slips close to $55 as Saudi output rises to near record
Oil prices declined on Monday, holding near $55 a barrel after Saudi Arabia indicated it was now pumping near a record high of 10 million barrels per day, adding to concerns of global oversupply.
Bain Capital plans to buy Japan Wind Development
U.S. private equity firm Bain Capital LLC plans to acquire Japan Wind Development Co Ltd through a tender offer in a deal worth up to 9.7 billion yen ($81 million), the Nikkei business daily reported
U.S. gas prices fall 4 cents, ending weeks of increases: survey
The average price of regular grade gasoline fell 4 cents in the past two weeks, bringing it to $2.50 per gallon, according to the Lundberg survey released on Sunday.
OPEC won't bear burden of propping up oil price: Saudi minister
OPEC will not take sole responsibility for propping up the oil price, Saudi Arabia's oil minister said on Sunday, signaling the world's top petroleum exporter is determined to ride out a market slump
Saudi Arabia's OPEC governor: hard to reach $100-120 oil again
Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.
Petrobras halts giant production unit as safety problems found
Brazil's state-run Petrobras said on Friday it shut its P-58 offshore oil production ship after the country's petroleum regulator ANP found irregularities on board the vessel, one of the company's mos
Brent oil falls below $54 on OPEC output, Iran
Brent crude oil fell below $54 a barrel on Friday and was on track for its third straight weekly loss, hurt by worries of rising supplies from OPEC and the United States.
Oil falls as dollar up, Kuwait sees OPEC output steady
Oil prices tumbled on Thursday as a rebounding dollar and Kuwait's stance that OPEC had no choice but to keep producing in an oversupplied market undercut the previous day's rally.

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Cloudy Apple Juice Four Times Healthier Than Clear

Martinelli's Apple Juice Recalled as High Arsenic Levels Raise Health Worries

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Australian Teen Becomes Instant Millionaire After Reeling in Prize Fish

Australian Teen Becomes Instant Millionaire After Reeling in Prize Fish

3

.A. City Council Proposes Ban On Fast-Food Chains

McDonald's and Other Corporations Warn That US Inflation Is Already Felt as Customers Spend Less

4

Tyson To Close Four Plants As Chicken Sales Weaken

Tyson Foods Found Dumping Million Pounds of Toxic Pollutants into US Waterways

5

Jewelry Maker Cartier Agrees to Let Mexican Man Keep $13,000 Worth of EarringsOnly Bought for $13 After Website Mistake

Jewelry Maker Cartier Agrees to Let Mexican Man Keep $13,000 Worth of Earrings Only Bought for $13 After Website Mistake
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