The oil giant exec drives an electric Renault.
Racing fans may have been disappointed when Peugeot shut down its Le Mans racing program, but don't think that the Lion marque has hung up its driving gloves for good. It's just refocusing itself. Instead of committing itself and its resources to a major circuit-bound racing series, Peugeot has been tackling one-off, off-road events. It took the record at Pikes Peak with Sebastien Loeb and is targeting the same at Goodwood. It recently released the new 208 T16 for privateer rally teams. And now
OK, this time they're really doing it. Mercedes-Benz parent Daimler is leading a collaboration between a half-dozen companies - including Air Liquide, Linde, OMV, Shell and Total - that will rapidly expand Germany's publicly accessible hydrogen refueling network in order to better spur the hydrogen fuel-cell vehicle market.
Speaking of discussing how to spend government money with an eye to the future, the CEO of the oil company Total said that the world is not prepared for the oil demands of the next decade and needs to invest in finding and tapping into new oil reserves. Speaking to the BBC, Christophe de Margerie (pictured) said that, "If we don't move [now] there will be a problem. In two or three years it will be too late." One result of the underinvestment will be oil prices above $100 a barrel (again), he sa
Ségolène Royal (left) was the Socialist candidate who lost the French Presidential election and is currently the president of the Poitou-Charentes region. She said last weekend that Total, the big French oil company whose CEO thinks gas is cheap, should give back part of its profits to the people. Her idea is to have the company investing up to 80 percent of those profits in renewable energies. She said that this would help France be ready for the post-oil era. In addition, Paris M
The first European hydrogen station installed along a highway is now open. The oil giant Total has opened the fuel kiosk along the Ruisbroek-Brussels highway in Belgium, and it is the first hydrogen dispensing station that is located in a place like "regular" ones. It's also the first hydrogen fuel station built outside Germany. Although owned by Total, the station was also sponsored by BMW, which must be glad to announce that lucky drivers of the BMW Hydrogen 7-series had another place to fill
According to the head of France's Oil Giant company Total, oil is still "too inexpensive." This surprising statement is what Total's CEO Christopher de la Margerie said in an interview for French economy magazine Revenu. Even at more than $130 a barrel, he said that oil is still cheaper than in 1974, once we discount inflation. He continues by saying that if oil was actually too expensive, it would discourage demand in countries like China and other emerging economies (it isn't). He also claimed
From the front, it looks like the damage would almost buff out. Then you see the shot of the back. Significant restyling has taken place on this particular brandy-new STI, and we're not talking about the new duds Fuji whipped up. At least now we know what the primo donor cars will look like at the pick-a-part. While it's an upsetting thing for us internet pikers to gaze upon, we can only imagine the owner's anguish. That said, since most of the damage is in the rear, we're guessing that someone
While there were some R8s that burned in the development phase, Audi worked hard to massage the platform and make it production ready. These pictures are reportedly a mule, not a production R8 that went up in flames. Scuttlebutt has it that fuel spillage was the culprit here, though speculation of something else is also offered if you click through and read the related thread on the R8talk forum. Either way, it's a tragic end to this particular R8's short life. Of course, in the end, it's only a
This winter continues to take a toll. Tribalwar member "dweeb" (no comments necessary, his name speaks for itself) has had his Honda involuntarily transformed into a quiescently frozen confection. Apparently, a water main burst in dweeb's Columbus, Ohio neighborhood, sending many gallons of water flooding into his grapeity purple econobox.