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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. That compared with an average analyst forecast of 466 billion won. rise as of 0336 GMT.

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Huge Backlog Could Trigger New Wave Of Shale Oil

Green Car Congress

The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells. The calculus on completing wells can cut two ways.

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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Green Car Congress

The executives also foresee shale oil and gas having a transformative effect on helping to meet the world’s energy needs, according to the results of the 9 th Annual Energy Survey conducted by the KPMG Global Energy Institute. Even batteries and fuel cells have entered the conversation. —John Kunasek.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. percent in August 2015.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Ontological Shock An Open Letter to Fred Krupp Report from GridEcon Conference SGS Climate Change Head on the First Carbon Credit. Early Days in the Obama Administration An Address I'd Like to Hear Global Warming Solutions Included in Transportatio. Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. SZ (1) 6753.T

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