Petroleum News

Monday, April 21, 2014

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Porsche CEO Says Supercar Is Not Dead: Cue the Spyder 918

Porsche CEO Says Supercar Is Not Dead: Cue the Spyder 918

TheStreet (Apr. 16, 2014) The Porsche Spyder 918 proves that, in an automotive world obsessed with fuel efficiency, the supercar is not dead. Porsche North America CEO Detlev von Platen attributes the brand's consistent sales growth -- 21% in 2013 -- with an investment in new technology and expanded performance dynamics. The hybrid Spyder 918 has 887 horsepower and 944 lb-ft of torque, but it can run 18 miles on just an electric charge. The $845,000 vehicle is not a consumer-targeted vehicle but a brand statement. Video provided by TheStreet
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What Happens If Russia Cuts Gas Flow?

What Happens If Russia Cuts Gas Flow?

Reuters - Business Video Online (Apr. 11, 2014) The United States has accused Russia of using energy as a "tool of coercion", after President Putin warned European leaders Moscow would cut natural gas supplies to Ukraine if it didn't pay its bills. As Joanna Partridge reports this could have knock-on effects for European countries. Video provided by Reuters
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Putin Pledges to Fulfill European Gas Obligations

Putin Pledges to Fulfill European Gas Obligations

AFP (Apr. 11, 2014) President Vladimir Putin said Moscow would fulfill its obligations to send natural gas to Europe but also said the United States had no business interfering in Russia's talks with Europe over Kiev's debt. Duration: 00:42 Video provided by AFP
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Germany Goes Greener, at a Cost

Germany Goes Greener, at a Cost

Reuters - Business Video Online (Apr. 8, 2014) Germany is reforming its renewable energy law in a bid to stop costs rising so quickly, as it makes the transition from nuclear and fossil fuels to green energy, which accounts for 25 percent of Germany's electricity. As Joanna Partridge reports it will force new investors in green power to take some risk. Video provided by Reuters
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last updated on 2014-04-21 at 12:59 am EDT

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