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U.S. ‘falling behind’ in global race to develop electric vehicle supply chain

20 hours ago DieselGasoil Comments Off on U.S. ‘falling behind’ in global race to develop electric vehicle supply chain
WASHINGTON (Reuters) – The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday. FILE PHOTO: U.S. Senator Lisa Murkowski (R-AK) speaks with reporters off the Senate floor in Washington, U.S., May 23, Read More

T. Boone Pickens, oilman turned raider turned trader, dies at 91

7 days ago DieselGasoil Comments Off on T. Boone Pickens, oilman turned raider turned trader, dies at 91
By Laurence Arnold on 9/11/2019 WASHINGTON (Bloomberg) – T. Boone Pickens, the onetime Texas oil wildcatter turned corporate raider who became a billionaire energy investor and television pitchman for wind and natural-gas power, has died. He was 91. He died Wednesday of natural causes, according to spokesman Jay Rosser. Pickens’s primary residence was in Dallas. Read More

Geely to bring air taxis to China in tie-up with Daimler-backed Volocopter

1 week ago DieselGasoil Comments Off on Geely to bring air taxis to China in tie-up with Daimler-backed Volocopter
FILE PHOTO: A two-seater Volocopter drone flies on stage at the Intel Keynote address at CES in Las Vegas, Nevada, U.S. January 8, 2018. REUTERS/Rick Wilking/File Photo BEIJING (Reuters) – German startup Volocopter said it plans to form a partnership with Zhejiang Geely Holding Group that will bring its air taxis to China and that Read More

U.S. counter-spies launch campaign against ‘insider’ threats

2 weeks ago DieselGasoil Comments Off on U.S. counter-spies launch campaign against ‘insider’ threats
(Reuters) – The office of the top U.S. counterintelligence official is launching a campaign to alert government employees, contractors and the general public to “serious risks” of security breaches or violence posed by “insiders.” FILE PHOTO: A man takes part in a hacking contest during the Def Con hacker convention in Las Vegas, Nevada, U.S. Read More

Burning Man festival site can be seen from space (PHOTO)

3 weeks ago DieselGasoil Comments Off on Burning Man festival site can be seen from space (PHOTO)
Burning Man’s impressive temporary festival site in Nevada can be seen all the way from space, extraordinary satellite imagery reveals. The massive tent city in the Black Rock Desert in northwestern Nevada showed up in satellite images as it was being set up last week, before tens of thousands of attendees arrived for Sunday’s opening Read More

Ormat Technologies, Inc.’s Board of Directors to Call Special Meeting of Stockholders to Declassify Board

3 weeks ago DieselGasoil Comments Off on Ormat Technologies, Inc.’s Board of Directors to Call Special Meeting of Stockholders to Declassify Board
RENO, Nev., Aug. 29, 2019 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA), announced today that its Board of Directors will call a special meeting on November 6, 2019 to submit to a stockholder vote amendments to the Company’s Certificate of Incorporation and By-laws to declassify the Board, from three classes of directors who serve Read More

Ormat Announces Closing of $59.3 Million Partnership Transaction for McGinness Hills Phase 3 Geothermal Power Plant

4 weeks ago DieselGasoil Comments Off on Ormat Announces Closing of $59.3 Million Partnership Transaction for McGinness Hills Phase 3 Geothermal Power Plant
RENO, Nev., Aug. 21, 2019 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) today announced that one of its wholly owned subsidiaries that owns the 48MW McGinness Hills Phase 3 Geothermal power plant entered into a partnership agreement with a private investor. Under the transaction documents, the private investor acquired membership interests in the project Read More