Norway's Equinor Announces New Gas Discovery In North Sea

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Norway's Equinor Announces New Gas Discovery In North Sea

Norwegian energy giant Equinor along with its license partners Source Energy AS and Wellesley Petroleum have announced the discovery of gas and condensate on the Norwegian continental shelf. Preliminary estimates put the proven reserves at between …
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Daimler to deepen cost cuts after expected quarterly loss

BERLIN (Reuters) – Daimler (DAIGn.DE) will deepen cost cuts because of an expected second-quarter operating loss and despite some signs of a recovery in demand for luxury cars, the chief executive said on Wednesday. Daimler said sales of its …
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Coronavirus: Transport giant First warns of 'uncertain' future

Aberdeen-based bus and train operator FirstGroup has warned it faces an uncertain future after coronavirus caused a collapse in passenger numbers. The warning came as the firm announced annual losses of more than £150m. Coronavirus saw average …
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Tesla hits it big in Korea, Model 3 sales jump

Korea surprisingly helped Tesla beat delivery expectations with strong deliveries last month – making Model 3 one of the best-selling cars in the market. Tesla in Korea. The automaker originally had some issues entering the Korean market. Tesla buyers …
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Alphabet's Loon starts beaming internet from balloons in Kenya

Loon said its balloon-powered internet service will initially cover 50,000 square kilometers in western and central parts of Kenya. It aims to take a fleet of 35 balloons to the skies above eastern Africa “in the coming weeks.” The news represents a significant …
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