Last year, we set a new standard for EV efficiency with our validation prototype by driving over 440 miles (710 kilometres) on a single battery charge. Lightyear’s Aerodynamics team recently took the next step by further testing critical aspects of the vehicle in Rome, at the Bridgestone European Proving Ground (EUPG). The power consumption of…
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Revolution in Suriname ? MIT Technology Review / James Temple Amsterdam, January 6, 2021– No way to escape today. Whether you are in Timbuktu or Antarctica, but in addition to climate change, a broad sustainable energy – but especially the digital and educational – transformation policy is a necessity for countries that want to experience…
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Development Caution Required Amsterdam, December 30th 2021– The South American neighbors of Guyana and Suriname have emerged as the two most exciting oil-producing provinces of the Latin America and Caribbean region. But with renewed calls for a quick transition to renewables given the troubling impacts of climate change over the last decade, a cloud of worry…
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The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon footprint of everything it produces to zero within 30 years, it marked the most powerful…
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United States Geological Survey data shows offshore Guyana-Suriname Basin to have one of the largest untapped oil reserves in South America. As Suriname’s state oil company, Staatsolie Maatschappij Suriname N.V. is set to strike big In a world that’s craving more and more energy, oil is often described as ‘liquid gold’. But as depletion of…
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Continued success offshore the South American country of Guyana is once again playing a major role in the addition of discovered volumes and value creation for US oil major ExxonMobil and its Stabroek Block co-venturers, Hess and CNOOC. “ExxonMobil can be declared explorer of the year for a second year in a row thanks to…
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The last several years have been a difficult time for Apache Corporation. The company has seen its stock price plummet – like many of its peer companies – as the U.S. industry’s success in creating a new abundance of both oil and natural gas has led to chronic low commodity prices. That in turn has…
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Stock of Apache Corp. surged more than 25 percent Tuesday after the Houston energy firm confirmed it struck oil offshore of the small South American nation of Suriname. Just two weeks after Apache formed a joint venture with the French energy major Total, the two companies said they’ve made a significant oil discovery that could…
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The find, in a block measured at 1.4 million acres, also offers significant potential beyond the current discovery, says Apache’s CEO. Apache (APA) – Get Report shares gushed after the Houston energy explorer and partner Total (TOT) – Get Report said they found significant oil offshore Suriname. Shares of Apache at last check were up 20% at $30.81. American depositary receipts…
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