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Tesla cuts jobs as it looks to make Model 3 more affordable

1 hour ago DieselGasoil Comments Off on Tesla cuts jobs as it looks to make Model 3 more affordable
(Reuters) – Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent. The company, which has struggled to achieve long-term profitability and keep a tight lid Read More

Drought, animal disease threaten South African farmers

2 hours ago DieselGasoil Comments Off on Drought, animal disease threaten South African farmers
JOHANNESBURG (Reuters) – South African grain and red meat farmers are bracing for hard times after dry weather conditions and an outbreak of the highly contagious foot and mouth disease suspended meat exports, officials said on Friday. FILE PHOTO: Cattle graze on a barren and parched land at a field in Hoopstad, a maize-producing district Read More

Tesla to cut workforce by 7 percent, sees small fourth-quarter profit

2 hours ago DieselGasoil Comments Off on Tesla to cut workforce by 7 percent, sees small fourth-quarter profit
(Reuters) – Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower priced versions of its crucial Model 3 sedan, sending its shares down 7 percent. A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Read More

EIA forecasts renewables will be fastest growing source of electricity generation

4 hours ago DieselGasoil Comments Off on EIA forecasts renewables will be fastest growing source of electricity generation
January 18, 2019 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2019Note: Confidence interval derived from NYMEX options market information. EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years. EIA’s January 2019 Short-Term Energy Outlook Read More

Tesla to cut workforce by 7 percent while it ramps up Model 3 production

6 hours ago DieselGasoil Comments Off on Tesla to cut workforce by 7 percent while it ramps up Model 3 production
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo (Reuters) – Tesla Inc (TSLA.O) said on Friday it was cutting several thousands of jobs, as the electric car maker looks to trim costs and be consistently profitable while it ramps up the production of its crucial Model Read More

Providence Resources P.l.c. – Licence Update – Avalon – Approval of Conversion to Frontier Exploration Licence 2/19

9 hours ago DieselGasoil Comments Off on Providence Resources P.l.c. – Licence Update – Avalon – Approval of Conversion to Frontier Exploration Licence 2/19
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION LICENCE UPDATEAVALONAPPROVAL OF CONVERSION TO FRONTIER EXPLORATION LICENCE 2/19 Dublin and London – January 18, 2019 – Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company (the “Company”), today provides an update on Licensing Option (“LO”) 16/27, operated by TOTAL E&P Ireland B.V. (“TOTAL”) Read More

After billion-barrel bonanza, BP goes global with seismic tech

9 hours ago DieselGasoil Comments Off on After billion-barrel bonanza, BP goes global with seismic tech
LONDON (Reuters) – Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil. BP’s Wolfspar seismic source device is pictured at Mad Dog oil field in the deepwater Gulf of Mexico, January 19, Read More

Consumer giants spurn risks to chase online subscribers

9 hours ago DieselGasoil Comments Off on Consumer giants spurn risks to chase online subscribers
LONDON (Reuters) – Major consumer companies including Unilever (ULVR.L), Procter & Gamble (PG.N) and Nestle (NESN.S) are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. One of the possible personalised skincare regimens created by the Skinsei diagnostic, is seen in this undated handout Read More

‘Someone will make money by stoking fears’ – Ron Paul on new US missile doctrine

11 hours ago DieselGasoil Comments Off on ‘Someone will make money by stoking fears’ – Ron Paul on new US missile doctrine
The new US missile defense strategy is a boondoggle for the military-industrial complex, which will drive the US into more debt and can bring misery upon multiple nations by fueling an arms race, ex-US Congressman Ron Paul said. Plans to weaponize space with a new layer of sensors unveiled by Trump as part of his Read More

'Someone got to make money by stoking fears' – Ron Paul on new US missile doctrine

12 hours ago DieselGasoil Comments Off on 'Someone got to make money by stoking fears' – Ron Paul on new US missile doctrine
The new US missile defense strategy is a boondoggle for the military industrial complex, which will drive the US into more debt and can bring misery on multiple nations by fueling an arms race, former US congressman Ron Paul said. Plans to weaponize space with a new layer of sensors unveiled by Trump as part Read More