US President Joe Biden tours the General Motors Factory ZERO electric vehicle assembly plant with … [+] General Motors CEO Mary Barra (2L), Secretary of Labor Marty Walsh (2R), and United Auto W...
Tag: Production
This activist investor is pushing Chevron to ‘boost’ oil production
Vivek Ramaswamy – an activist investor who’s exposed to Chevron Corporation (NYSE: CVX) through his recently launched exchange-traded fund wants the energy giant to produce more oil over the next deca...
Why Did OPEC Cut Production For October Targets?
AFP via Getty Images Key takeaways On Monday, OPEC announced that it would slash oil production targets for October by 100,000 barrels per day The group of oil producers expressed concerns over weaken...
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production – Technology Bitcoin News
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). B...
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production – Coinotizia
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). B...
Shortage of Frack Gear Is Helping to Hold Back US Oil Production
(Bloomberg) — In a dusty corner of Oklahoma, close to where Erle Halliburton founded his eponymous oil services empire 103 years ago, a group of workers shows why US oil production growth has be...
Bitcoin Mining Can Revolutionize Energy Production: Arcane Research
Arcane Research – a digital asset analysis firm – has published a report examining Bitcoin mining, and its relationship with global energy. The paper argues that the mining industry can transform wor...
Bitfarms Reports Higher BTC Production Following Increase In Miner Revenues
Public bitcoin miners have had a difficult couple of months since the price of bitcoin dropped below the $30 level. The digital asset’s mining revenues had plummeted with the price and had brought dow...
San Diego Padres Need Much Greater Production From Juan Soto And Josh Hader
SAN DIEGO, CA – AUGUST 3: Juan Soto #22 of the San Diego Padres celebrates scoring in the first … [+] inning against the Colorado Rockies August 3, 2022 at Petco Park in San Diego, Califor...
Russia Mulls Restarting Production Of Older Fighting Vehicles To Replace Ukraine Losses
TOPSHOT – A photograph taken on May 4, 2022 shows a destroyed Russian BMP-3 infantry fighting … [+] vehicle on a road near Pokrovske, eastern Ukraine amid the Russian invasion of Ukraine. ...
Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC – Mining Bitcoin News
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve mo...
Europe’s Energy Crisis Threatens Glass Production
BERLIN—European businesses as diverse as car makers, bottle manufacturers and skyscraper builders—not to mention artisanal glassblowers—are preparing for a possible glass shortage if the loss of Russi...
Mercedes-Benz starts production of its first electric SUV in the US
Mercedes-Benz has officially launched production of its all-electric EQS SUV at its Tuscaloosa, Alabama production plant, the company announced today. Earlier this year the German automaker previewed ...
China Suffers Another Dismal Month Of Steel Production
BEIJING, CHINA – OCTOBER 24: Chinese President Xi Jinping vote at the closing of the 19th Communist … [+] Party Congress at the Great Hall of the People on October 24, 2017 in Beijing, Chi...
Canadian Production Company To Convert Former Mining Site Into Studio
People working behind the scenes on a film production. getty Canadian production entity North Star Productions has funneled a $26 million investment into a 100,000 sq ft lot previously owned by Epiroc...
Austral Gold’s revenue drops over 15% despite a substantial increase in production
On August 25, Austral Gold Limited (ASX: AGD), a gold and silver explorer and mining producer released its half-year report for the six months that ended June 30, 2022. Production during the six mont...
The Gentlemen Producer To Invest in DAO for Film Production
Ivan Atkinson has adopted a decentralized structure for future movies. He has produced The Gentlemen directed by Guy Ritchie in the past. His production house has joined hands with a metaverse platfor...
Fisker Considers U.S. Ocean Production Amid Shakeup In EV Tax Credit
Fisker Inc.’s electric Ocean SUVs won’t qualify for a revised federal tax credit for EVs that requires them to be built at domestic plants. Fisker Inc. Fisker Inc., a Los Angeles-based ele...
Polestar 6 roadster confirmed for 2026 production
Polestar O2 electric roadster concept Source: Polestar Swedish electric vehicle maker Polestar said Tuesday that a popular electric roadster that it showed off earlier this year will officially go int...
BTC mining stocks double in a month as production ramps
Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC)...
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle startup to conserve cash and move quickly to fill customer or...
Rivian Keeps 2022 Production Guidance Intact. The Stock Is Still Falling.
Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive reported a wider-than-expected quarterly loss, but more impo...
Rivian Earnings Are Today. Production Is What Really Matters.
Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive is expected to report second-quarter numbers after the marke...
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY – Mining Bitcoin News
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having ...
Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter
Carbon-free mining company Sphere 3D‘s July 2022 report showed that it managed to keep up with its usual performance in July even though the 4,000 new mining rigs were held back in the U.S. customs du...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
Lamborghini production hit with 18 months backlog amid heavy demand, CEO says
Lamborghini CEO Stephan Winkelmann has stated that the luxury vehicle manufacturer is still experiencing a surge in demand, resulting in an 18-month backlog. Initially, the backlog was due to supply c...
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid. In a Frida...
Argo Mining Crypto Production Rose to 219 BTCs in July
Argo Blockchain plc, a publicly traded cryptocurrency mining firm based in the UK, on Friday, announced its operational update for July 2022. During the month of July, Argo revealed that it mined 219 ...
Core Scientific reports increased bitcoin production in July despite disruptions
Core Scientific, a cryptocurrency mining firm, has reported that its mining operations generated 1221 bitcoin in July. The BTC produced during the month was higher than the previous months despite the...