The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing the weakest growth prospects in the G-7 and a catalogue ...
Tag: BP PLC
Hertz, Denver partner on a broad electric vehicle and charging program
Hertz is teaming up with the city of Denver — and soon, it hopes, with other cities — to build out its charging infrastructure to support the ongoing transition to electric vehicles. The partnership i...
Abercrombie & Fitch, Disney, Best Buy, Zoom and more
A pedestrian stands outside of the Abercrombie & Fitch store on Fifth Avenue in New York City. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Ab...
A big new Exxon Mobil climate deal that got assist from Joe Biden
Could it be that Big Oil’s next big thing got a big assist from Joe Biden? Maybe, if carbon capture and storage is indeed as big a deal as ExxonMobil’s first-of-its-kind deal to extract, t...
Firms plan Australian ‘super hub’ to produce green hydrogen
This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years. Angel Garcia | Bloomberg...
We’ll continue to invest in hydrocarbons: BP CEO
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because t...
Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics ...
Hertz and BP installing EV chargers in US
Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Hertz is teaming up with oil giant BP to build a new network of electric vehicle charging stations throughout the United States....
Siemens commissions German production plant
A Siemens logo in Germany. The industrial giant says that a newly commissioned green hydrogen plant in the country will use wind and solar power from the Wunsiedel Energy Park. Daniel Karmann | Pictur...
Energy bills are squeezing businesses and people as UK costs soar
A high street decorated with British Union Jack bunting in Penistone, UK. The End Fuel Poverty Coalition has warned “a tsunami of fuel poverty will hit the country this winter.” Bloomberg ...
Shell to build ‘Europe’s largest renewable hydrogen plant’
On Wednesday, Shell said the Holland Hydrogen I facility would be “Europe’s largest renewable hydrogen plant” when operations start in 2025. Shell is one of several big firms looking...
De Nora IPO priced at 13.50 euros per share; $2.8 billion valuation
De Nora was founded in 1923 and specializes in electrode and water treatment technologies. Pavlo Gonchar | Lightrocket | Getty Images The CEO of electrode maker Industrie De Nora says it is “not...
The race to make green hydrogen competitive is on
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some ca...
BP buys 40.5% stake in massive renewables and green hydrogen project
A BP logo photographed in London on May 12, 2021. The International Energy Agency recently reported that 2021 saw energy-related carbon dioxide emissions rise to their highest level in history. Glyn K...
Chegg, Expedia, BP and more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the co...
Paramount Global, Logitech, Chegg and more
Take a look at some of the biggest movers in the premarket: Paramount Global (PARA) – Paramount Global fell 4.3% in the premarket, despite quarterly profit that beat Wall Street estimates. Revenue cam...
BP deal sends Nasdaq-listed EV charging stock Tritium surging
The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars a...
The race to roll out ‘super-sized’ wind turbines is on
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | G...
BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglom...
BP, First Horizon, defense stocks and more
Take a look at some of the biggest movers in the premarket: Berkshire Hathaway (BRK.B) – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple (AAPL). Berksh...
Raytheon, Block, Tesla, Foot Locker and more
The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. Pascal Rossignol | Reuters Check out the companies making headlines in midda...
5 things to know before the stock market opens Monday, February 28
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after new sanctions on Russia for invading Ukraine A trader works at the New...