OPEC Oil Output Rises Sharply in June but Gulf Supplies Remain Limited
OPEC’s June oil production surged as Gulf producers restored output after war disruptions, yet supply remains constrained and well below pre-crisis levels despite quota hikes.
OPEC’s June oil production surged as Gulf producers restored output after war disruptions, yet supply remains constrained and well below pre-crisis levels despite quota hikes.
Elmwood Township and Traverse City Light & Power launched four new public fast chargers at Brewery Creek, enabling 30- to 45-minute EV charging stops along a key corridor.
Gilroy’s inaugural electric vehicle showcase invited residents to test drive a diverse range of EVs, emphasizing accessible technology and cost savings without sales pressure.
Chevrolet lowered the starting price of its 2025 Silverado EV to $55,395 as GM intensifies its push into the electric truck market despite ongoing challenges in buyer acceptance and high trim costs.
BYD introduces the Seal 08, a flagship electric sedan offering top-tier features, long range, and rapid charging at prices well below established luxury EVs.
Virginia’s proposed budget aims to return nearly half of carbon credit revenues to residents as electric bill credits, potentially reducing costs by $35 per year if approved.
Federal authorities call on state attorneys general to target unlawful activities that keep gasoline prices high despite falling crude oil costs, emphasizing enforcement of antitrust and consumer protection laws.
The Justice Department and FTC urged state attorneys general to investigate fuel price gouging, stressing that volatile oil prices do not justify unfair retail pricing or collusion.
Tesla has launched the Model Y L, a three-row, six-seater version of its popular SUV, in the US with prices starting just under $62,000, following strong sales in China.
GCL, China’s leading private energy producer, is expanding its clean energy projects and pioneering AI data center integration directly linked to the grid, boosting Southeast Asia’s energy transition.
Australia’s vast seagrass meadows, crucial for marine biodiversity and carbon storage, are increasingly endangered by rising sea temperatures, pollution, and coastal development.
China's decade-long air pollution reductions face new challenges as extreme heatwaves intensify natural emissions from trees and soil, driving up harmful ozone levels.