Hybrid Owners of America has reported that the long-delayed flying car is now (supposedly) a reality - and it's a hybrid. Designed by now retired Burt Rutan, famous for his design of the record-breaking Voyager, which was the first plane to fly around the world without stopping or refueling, and the sub-orbital spaceplane SpaceShipOne, the gasoline-electric twin-pod vehicle has a range of 760 miles in the air and 820 miles on the ground, according to wired.com. Named 367, the electric motors provide propulsion, while two gasoline engines drive generators that keep the gasoline moving. According to the press release, lithium ion batteries will provide power during takeoff and landing. It has a range of 760 miles in the air and 820 miles on the ground with an all-electric range of 35 miles. And its removable wings allow it to fit in a one-car garage. The craft was unveiled March 30 and it is Rutan’s final project at his company, Scaled Composites. Read more about the Jetsons-like flying bi-pod and look at pictures at wired.com.
2024-02-28 - U.S.-based Cheniere Energy expects the U.S. market, which exported 86 million tonnes per annum (mtpa) of LNG in 2023, will be the first to surpass the 200 mtpa mark—even taking into account a recent pause on approvals related to new U.S. LNG projects.
2024-02-27 - Ørsted appointed Trond Westlie as CFO and executive board member and Patrick Harnett as COO following company difficulties in 2023, including a $4 billion impairment charge in third-quarter 2023.
2024-02-27 - Hess Corp. said on Feb. 27 that a pre-emption provision does not apply to its proposed $53-billion buyout by Chevron Corp. and it remains "fully committed" to the deal.
2024-02-27 - After plowing nearly $7 billion into Permian Basin M&A last year, Civitas Resources is selling off non-core acreage from its legacy position in Colorado as part of a $300 million divestiture goal.
2024-02-15 - In this Hart Energy LIVE Exclusive, Andrew Dittmar, Enverus Intelligence's senior vice president, compares 2023 consolidation to what he expects in 2024, including more public to public deals.