Octopus Energy has asked the government for a £1bn taxpayer funding package to seal a takeover of Bulb, its stricken rival. Sky News has learnt that privately owned Octopus is nearing a deal with ministers to acquire its smaller competitor, which collapsed late last year. City sources said this weekend that a deal would involve
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discuss Tesla using new Supercharger Cube lounges, the new proposed EV tax credit, a test drive of the Mercedes-Benz EQXX, and more. The show is live every Friday at 4 p.m. ET on Electrek’s
In this article XOM Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in check. Chevron reported earnings of $11.62 billion during the three-month period, up from $3.08 billion during the second quarter of 2021. Exxon, meantime, posted second-quarter
Police investigating the killing of a nine-year-old girl in Lincolnshire have released images of a new suspect. Lilia Valutyte was found dead after being stabbed in Fountain Lane in Boston at about 6.20pm on Thursday. Two other people arrested earlier have been freed with no further action, police say. Chief Superintendent Martyn Parker said: “Our
Powerful storm systems triggered flash flooding across the US in late July, inundating St. Louis neighbourhoods with record rainfall and setting off mudslides in eastern Kentucky, where at least 16 people died in the flooding. Another deluge in Nevada flooded the Las Vegas strip. The impact of climate change on extreme water-related events like this
Voters from across the political spectrum discuss race and the Georgia governor’s election as CNN host Van Jones drives them around Stone Mountain.
8:11 PM ET The NBA has opened an investigation into the Philadelphia 76ers for possible tampering and early contact centered on the franchise’s summer free agency class of James Harden, P.J. Tucker and Danuel House, sources told ESPN on Friday. One of the central elements of the league’s probe includes questions on Harden’s decision to
In this rural part of Kentucky, it’s easy to see how so much rain in such a short time could be so devastating. The topography is perfect for flash floods. Steep hillsides, narrow valleys. And some of America’s poorest communities living in this stunning part of the central United States. From the air, Kentucky’s governor,
Jul 29, 2022 England’s Rugby Football Union (RFU) and Rugby Football League (RFL) will restrict transgender participation in the domestic game, with the governing bodies recommending that only players recorded as female at birth be allowed to play in the women’s category. The RFU said last week that it had begun a review of its
Summer getaways and weekend plans could be severely disrupted today during a fresh round of rail strikes – with an “amber traffic warning” also in force on the roads. The Aslef union says train drivers at seven rail companies are staging a 24-hour walkout in a dispute over pay, and there are fears millions of
Long time Electrek readers will know that I leased a Chevy Bolt EV from 2017 until the pandemic and really loved that electric blue “Micro-SUV” EV; we’ve already taken a look at its younger sibling, the EUV with Super Cruise. But considering recent events GM has cleaned up the battery “issue” and lowered the price
Club holding Chevron (CVX) reported strong quarterly results before the opening bell on Friday. The energy giant reported revenue of $68.76 billion, handily beating expectations of $59.42 billion. Adjusted earnings of $11.4 billion, or $5.82, per share for the quarter, exceeded the $5.06 per share consensus. Bottom line It was a very solid quarter from
In this article TWTR Tesla CEO Elon Musk. Patrick Pleul | AFP | Getty Images Elon Musk countersued Twitter on Friday, intensifying the conflict between the Tesla CEO and the social networking company he agreed to buy, but the lawsuit is not yet available to the public. It wasn’t clear why Musk asked the court
A man who helped Islamic State by narrating recruitment videos has been sentenced to life in prison in the US. Saudi-born Mohammed Khalifa was described by the US Department of Justice as a “leading figure” in the terrorist group’s English language media unit. Prosecutors said the unit produced videos such as the ones showing the
In this article INTC Intel stock closed down 8% on Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines. Intel’s revenue declined 22% year over year and missed consensus by 14%, the company’s largest top-line disappointment since 1999, according to Refinitiv data. It ended the quarter
Former Tory leadership contender Tom Tugendhat has endorsed Liz Truss in the race to be prime minister, in a huge blow to Rishi Sunak. Writing in The Times, Mr Tugendhat said that the foreign secretary’s promises of tax cuts are based on “true Conservative principles” and that she can unite the party. He said: “Liz
PARIS — Celsius and Voyager Digital were once two of the biggest names in the crypto lending space, because they offered retail investors outrageous annual returns, sometimes approaching 20%. Now, both are bankrupt, as a crash in token prices — coupled with an erosion of liquidity following a series of rate hikes by the Federal
Spain has reported Europe’s first monkeypox-related death of the current outbreak – and the second outside of Africa. The country’s health ministry confirmed the death on Friday, but did not release further details about the person. Brazil reported the first monkeypox-related death outside the African continent in the current outbreak, earlier on Friday. In its
Retired Army Lt. Gen. Mark Hertling says that Ukraine is ready to open up a second front in the eastern part of the country that could put the Russian army “on the horns of a dilemma”. #MarkHertling #ac360 #CNN
Will Smith has apologised to Chris Rock over his infamous Oscars slap – in his first in-person statement about the incident. In a reel released on his Instagram account, the actor said he had been “doing a lot of thinking and personal work” since the Oscars and was “trying not to think of myself as