The US Bureau of Ocean Energy Management (BOEM) today held the lease sale for two offshore wind areas in Carolina Long Bay. Up to 16 prequalified bidders competed for lease rights for 110,091 acres off North Carolina’s and South Carolina’s shores. Together, they will result in at least 1.3 gigawatts (GW) of offshore wind energy, enough to power nearly 500,000 homes. Carolina Long
KYIV, UKRAINE: Director General of Gas Transmission System Operator of Ukraine LLC (GTSOU) Serhiy Makogon. GTSOU will block Russian gas flows via two key entry points in Russian-occupied territory from Wednesday, May 11, 2022. Yuliia Ovsiannikova/ Ukrinform/Future Publishing via Getty Images European natural gas prices jumped after Ukraine’s state-owned grid operator suspended Russian flows through
In this article AAPL Tim Cook, CEO of Apple Inc. Adam Jeffery | CNBC Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell over 5% during trading
An attempt to protect abortion rights with a federal law in the US has failed. The bid to preserve the rights – first enshrined in the Roe v Wade bill of 1973 – came following the leak of a Supreme Court document that appeared to suggest justices planned to overturn the almost 50-year-old legislation this
Families and victims of a devastating apartment block collapse are set to receive an almost billion dollar settlement. The class action lawsuit came after the 12-storey block in the Florida town of Surfside suddenly sank towards the ground in the early hours on 24 June last year, almost instantly destroying dozens of individual apartments and
Tax cuts could now be announced before the summer recess, Sky News understands. Ministers have been forced to rethink plans after grim forecasts from the Bank of England suggested the economy was now at risk of recession. Inflation is also likely to be higher than expected just six to eight weeks ago, putting pressure on
A quake of magnitude 5 shook the surface of Mars on May 4, as per a seismometer placed by NASA’s InSight lander on the planet. The seismic event has been dubbed a “monster” quake by the space agency given that it is the strongest temblor ever detected not just on Mars but also on any
The UK economy contracted by 0.1% in March, as surging inflation took a toll on demand to offset the boost that had been expected from the end of COVID restrictions. The monthly figure compares to no growth in February and 0.7% growth in January, while the quarterly figure (between January and March) showed a growth
A Conservative MP has been heavily criticised for claiming that people who use food banks do not know how to cook or manage their finances properly. Lee Anderson, who made the remarks during a House of Commons debate, was accused of insulting people who are struggling to feed their families and Labour said they were
Russia’s invasion of Ukraine “opened a new chapter” in post-Cold War history, said Boris Johnson as he agreed defence pacts with Sweden and Finland. The prime minister visited Stockholm and Helsinki to sign the agreements, which say the UK will come to the aid of Sweden and Finland if they are attacked, and vice-versa if
Chelsea FC is close to unveiling a £20m-a-year sponsorship deal with a fast-growing cryptocurrency group – despite a temporary ban on the club striking lucrative new partnerships while it operates under government supervision. Sky News can reveal that the Blues have agreed a shirt-sleeve contract with WhaleFin, a digital asset platform owned by Singapore-based Amber
Gogoro, widely considered to be the global leader in battery swapping for light electric vehicles, announced today that it is officially launching operations in Israel. The move marks a major westward expansion by the electric scooter and battery swapping company, which has until now largely focused on dominating the Eastern markets. Gogoro announces Israel launch
In this article VOW3-DE This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is planning to resurrect the iconic “Scout” brand as an electric vehicle in the United States. In a report late Tuesday,
5:00 AM ET Rob DawsonCorrespondent At one time or another, every single one of Europe’s biggest clubs have harboured hopes of signing Erling Haaland. Some have held face-to-face talks with his representatives. Others, like Real Madrid and Barcelona, laid on tours of their training ground and at one stage, Manchester United believed they were so
Boeing is feuding with Aerojet Rocketdyne, a key supplier for its Starliner spacecraft, as the US aerospace giant races to test launch the uncrewed astronaut capsule and mend its reputation in the space sector, people familiar with the matter said. The CST-100 Starliner is scheduled for a May 19 Florida launch atop an Atlas 5
In this article MMAT San Francisco Compassandcamera | Getty Images U.S. employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down