Supermajor Shell has made one of the biggest natural gas discoveries in the southern North Sea in more than a decade. The discovery in question is the Pensacola prospect which has estimated P50 recoverable resources of 302 billion cubic feet. The drilled well, designated 41/05a-2, reached a total depth of 1,965 meters of true subsea vertical depth, and the presence of mobile gas and oil in the main Zechstein Hauptdolomite carbonate interval was confirmed by wireline logs . The well encountered the upper Hauptdolomite reservoir at 1,745 meters and confirmed a reservoir thickness of 18.8 meters with better-than-expected porosity averaging…
Author: Automotivedealernews.com
O’Reilly Automotive continues to enjoy increased sales, and hopes to expand, amid a slump in car purchases. The auto parts retailer announced in an earnings release on Wednesday (February 8) that it had posted 9% growth in sales in the latest quarter and 6.4% for the year. “As we look to 2023, we believe the long-term drivers of demand in our industry remain strong,” CEO Greg Johnson said in the statement. The company, which has 5,190 stores in the United States and 28 in Mexico, expects to add 180 to 190 new locations this year, according to the statement. The…
Fords are everywhere. The car brand has been around for a while and makes some pretty good cars. However, not all Ford has the highest reputation for reliability. We checked Consumer Reports to see which vehicles you should avoid completely and will bankrupt you if you buy them new or used. All information in this article is based on CR’s proprietary reports. In North America, the Ford F-150 can be considered the king of pickup trucks, as it is found everywhere on the road. This does not mean that all model years are reliable. A few years F-150 you will…
DETROIT – Two would-be carjackers were stabbed and the owner of the car they were trying to steal was shot overnight at a Detroit gas station, police said.The incident happened around 12:30 p.m. Thursday (February 9) at a gas station in the area of 7 Mile Road and Grand River Avenue.Officials said a man in his 60s was leaving the gas station in a 2015 Honda Accord when he was approached by two men in their 30s, at least one armed with a handgun.According to authorities, the men tried to rob him, leading to a physical fight.Police said the car…
PRESS RELEASEPosted on February 9, 2023 Electric brake booster market The Global Electric brake booster market The research report offers the overall structure and business outlook of the global and regional industry. The research report includes key market achievements, new product launches, product responses, research and development, and regional growth of the major competitors operating in the market on a global scale. Market Insights Reports ensure qualified and verifiable aspects of the market data operating in the real-time scenario. Analytical studies are carried out ensuring the client’s needs with a comprehensive knowledge of the market’s capabilities in the current scenario.…
The US Energy Information Administration (EIA) has released its latest gasoline and diesel price forecasts for 2023 and 2024 in its February Short-Term Energy Outlook (STEO). The EIA now expects retail gasoline prices to average $3.39 per gallon in 2023 and $3.10 per gallon in 2024, a slight increase from projections made in the January STEO, which saw retail gasoline hit $3.32 a gallon this year and $3.09. per gallon in 2024. In the latest STEO, on-highway diesel fuel is projected to average $4.23 per gallon in 2023 and $3.70 per gallon in 2024. The January STEO saw an average…
It was a huge year for electric vehicle battery plants in the US, to the tune of $73 billion. 09 February 2023 at 8:44 ET This article comes to us courtesy of EVANNEX, which manufactures and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily ours at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company’s perspective as an accessory supplier of Tesla accessories interesting and are happy to share their content for free. Enjoy! put in EVANNEX on February 08, 2023, for Peter McGuthrie Electric vehicles currently make up only…
I’ve had my Nissan X-Trail for three years. One of the features I like is its 4WD system. In the best mechanical condition, I can drive on any brown road even on a rainy day without getting stuck. It’s a small car powered by a small 2,000cc engine but its performance compares to that of a Land Cruiser or Land Rover. The X-Trail doesn’t have the best ground clearance, but it’s high enough to make it easy to drive even on bumpy roads. However, to do this, your suspension system, especially the shocks, must be in top mechanical condition. To…
SAN ANTONIO – The search is on for a missing driver in Seguin after officials say a car went off the freeway and into the river.Witnesses told police that around 2 a.m. Thursday, a driver on westbound I-10 was seen going off a bridge and into the Guadalupe River.The Seguin Fire Department brought a boat to help search the water where officers believe they may have seen bubbles in the water, indicating where the car was.They were able to locate the car, about two and a half feet under water.The Seguin Fire Battalion Chief says the area will be closed…
BMW has unveiled the new, extensively updated editions of its Sports Activity Vehicle (SAV) and Sports Activity Coupé (SAC) for the luxury segment. The range of updated drive systems includes new combustion engines, a state-of-the-art plug-in hybrid system for the BMW X5 xDrive50e and 48V mild hybrid technology for the other models. Also leading the way are the new automated driving and parking systems and the fully digital iDrive control and operation system with BMW curved screen based on the BMW 8 operating system. The new BMW X5 technology – Gen5 PHEV Both models will be built at BMW Group’s…