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U.S. small-scale solar generation has increased roughly five-fold over the last decade, with California, Arizona, Texas, and Florida leading in output among states with abundant solar resources.
Houthi attacks on Saudi oil infrastructure threaten production as Brent crude reaches $108 per barrel, while Asian LNG prices surge amid regional tensions and Europe increases imports ahead of winter.
Chevron has secured exclusive negotiation rights to take over operations of Iraq’s West Qurna 2 oil field from Russia’s Lukoil, advancing USD200 million as part of the agreement.
Geothermal energy bids in Nevada utility filings have priced competitively with solar-plus-storage projects, marking a potential turning point for the technology’s commercial viability.
China’s electric vehicle market share reached a record 67% in September, driven by a 49% crash in internal combustion engine sales as the overall automotive market declined 28% year-over-year.
Volkswagen’s CEO says the US market could revive the company’s fortunes despite tariffs and low market share, with plans to launch new SUVs and pickup trucks by 2028.
