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Deep in California’s Sierra Nevada, massive glaciers are disappearing and projected to melt away completely by the beginning of the next century, leaving ice-free peaks for the first time in human history, new research has found.The mountain range’s glaciers are older than previously known, dating back tens of thousands of years, with some as old as the last ice age, according to an article published last week in Science Advances.“Our reconstructed glacial history indicates that a future glacier-free Sierra Nevada is unprecedented in human history since known peopling of the Americas ~20,000 years ago,” the article states.Glaciers around the world…
The United States is on track to break yet another oil production record this year, but the Energy Information Administration (EIA) says the resulting supply glut could drag prices lower in the months ahead.In its October outlook, the EIA raised its forecast for U.S. crude production to 13.53 million barrels per day (bpd) for 2025, up from a forecast of 13.44 million bpd previously. That’s well above last year’s record 13.23 million bpd and reflects stronger-than-expected output in July, along with faster ramp-ups from new offshore Gulf of Mexico projects. The Gulf region alone is now expected to average 1.89…
(World Oil)– Reconnaissance Energy Africa Ltd. (ReconAfrica) reports that drilling operations are progressing on schedule at the Kavango West 1X exploration well in Namibia’s Damara Fold Belt. The company has set its final casing string at a depth of approximately 2,300 m, just above the targeted Otavi carbonate reservoir, and is now drilling ahead into the primary objective. President and CEO Brian Reinsborough said the well is testing a large structural closure measuring roughly 20 km by 3 km within the Otavi section. “Drilling of the Kavango West 1X well is proceeding on schedule, and I wish to thank our…
Tesla’s most affordable models have finally arrived.On Tuesday, the EV giant unveiled the long-awaited budget-friendly version of the Model Y, Tesla’s most popular vehicle — and it costs $39,990 with 321 miles of estimated range.But in a surprise move, the company also announced a Model 3 Standard that costs even less — with a price of $36,990. The Tesla Model Y Standard costs $39,990. Tesla Notably, the lower-cost models ditch some of the features that have previously come standard in other Teslas.The Model Y Standard, for example, comes with “Traffic-aware cruise control” but lacks the driver-assist feature “Autosteer” available in…
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The U.S. is entering the winter heating season with healthy propane inventories—an encouraging signal for weather-driven energy markets. According to the Energy Information Administration, stocks are at about 103 million barrels in mid-October, about 13 million barrels above the five-year average for this time of year. The EIA said propane gas-plant production was up about 5% in the first seven months of 2025 compared with the same period in 2024.Propane spot prices at Mont Belvieu averaged about $0.70 per gallon in late September, roughly $0.19 lower than in early April.What’s more, over the course of the spring–summer “injection” season, inventories…
AI influencers are the latest shiny object in influencer marketing. But they’re already losing their luster for some marketers.Brand partnerships with AI social accounts dropped by around 30% in the first eight months of 2025 compared to the same period in 2024, according to transaction data from hundreds of campaigns provided by the influencer-marketing platform Collabstr.Part of the drop-off may be tied to recent consumer backlash against AI slop. But the retreat can also be attributed to AI accounts simply underperforming, Collabstr cofounder Kyle Dulay said.”I don’t think AI content has gotten to a point where it’s able to garner…
Private markets-focused ESG data solutions provider Novata announced today the acquisition of European sustainability performance and reporting platform Atlas Metrics, in a move aimed at expanding its global reach to meet the growing demand for sustainability data and reporting solutions. Founded in 2021, Berlin-based Atlas Metrics provides an ESG compliance and sustainability performance management platform, utilizing automation, AI, secure data sharing, and advanced analytics to ease impact communications and measurement for organizations, with a focus on helping banks, companies and investors meet growing sustainability-related reporting and compliance requirements. New York-based Novata was founded in 2021 by S&P Global, the Ford Foundation,…
Kevin McLachlan, newly appointed VP of Exploration at Chevron. Chevron Corp. has appointed Kevin McLachlan as Vice President of Exploration, effective November 1, succeeding Liz Schwarze, who will retire in February 2026 after 36 years with the company. McLachlan will lead Chevron’s global exploration program and will be based in Houston. “Kevin will be an important addition to the Exploration organization,” said Clay Neff, President of Chevron Upstream. “He joins us as an experienced energy executive with a strong record of leading exploration organizations to achieve industry-leading performance and value creation.” McLachlan brings more than 30 years of…
• 69% of CEOs plan to allocate up to 20% of their budgets to AI in the next year.• 92% expect to expand headcount despite mounting global economic uncertainty.• CEO confidence in meeting net-zero goals by 2030 has risen from 51% to 61%. CEOs Reassess Growth Amid Mounting Economic Uncertainty Global CEOs are tempering optimism about the world economy while doubling down on investment in artificial intelligence, workforce expansion, and sustainability, according to KPMG’s 2025 Global CEO Outlook released on October 7. The survey of over 1,300 chief executives shows confidence in the global economy slipping to 68%, the lowest…