Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking from Coingecko. At the time of this writing, the crypto...
Tag: Energy
How Iberia Escaped Europe’s Energy Crisis
Iberia is well positioned to compete with – or even replace – Northern Europe’s existing energy industrial hub as sectors in Spain and Portugal can call on abundant sunshine, strong winds and mature g...
Billionaire George Soros Punishes Rivian
George Soros is betting on the auto industry. The billionaire continues to invest in this sector, which is in the process of abandoning gas cars in favor of electric cars, while public policies in Eu...
Billionaire George Soros Embraces Ford
The automobile sector is of particular interest to George Soros. The legendary investor has invested a lot of money in this industry, which is in full transformation towards electric vehicles. Soros ...
The best-performing sector in 2022 is not finished crushing it, says Citi, offering three stocks to buy
You can count on it, says our call of the day provided by Citigroup, though they say investors can’t expect as lofty returns. “We see market rotation into energy equities as having further to run, eve...
Dow ends nearly 400 points higher as investors await Fed minutes
U.S. stocks ended higher Tuesday as traders gauged the impact of fresh COVID-19 restrictions in China and awaited Wednesday’s minutes from the most recent Federal Reserve meeting. How are stocks are t...
Iris Energy mining rigs set to go offline following $108M loan default
Slumping Bitcoin prices, paired with record-high hash rates and increasing energy prices, have caught up with Bitcoin miner Iris Energy. The Australia-based mining firm is set to take a significant c...
Iris Energy Slashes Bitcoin Mining Capacity Due to a Requested Loan
Iris Energy – an Australian crypto mining company whose main purview is the operation of BTC mining sites in Canada running on renewable energy exclusively – has recently ceased mining in two subsidia...
Iris Energy to eliminate mining equipment following $108M loan default
The current bear market in cryptocurrencies has claimed another victim: the Australian-based Bitcoin mining company Iris Energy. This makes Iris Energy the latest company to fall victim to the bear ma...
Iris Energy to cut mining hardware after defaulting on $108M loan
Australian Bitcoin mining firm Iris Energy is the latest to suffer from the squeeze of the crypto bear market, losing a significant chunk of its mining power after defaulting on a loan. A filing by th...
Iris Energy Defaults on $100 Million Loan, Cuts Mining Hardware
Australian Bitcoin miner Iris Energy is set to lose 3.6 Exahashes/second of mining power after defaulting on a $108 million loan. Iris Energy will not pay loans taken against the equipment operated by...
Disney, Carvana, Diamondback Energy and more
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California. Bloomberg | Bloomberg | Getty Images Check out the companies making head...
Bitcoin miner Iris Energy unplugs hardware collateralizing over $100 million in loans
Bitcoin miner Iris Energy has unplugged a large majority of its miners in response to a default notice on about $107.8 million in loans they were securing. However, the company said that its dat...
Oil Prices Are Likely To Continue To Decline
Photo by David McNew/Getty Images Getty Images Oil is likely to extend its decline. The histograms show that oil is entering the weakest part of the month in what has been the weakest month of the yea...
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...
How Republicans Will Attempt To Influence Energy Policy In 2023
WASHINGTON, DC – MARCH 18: House Minority Leader Kevin McCarthy (R-CA) talks to reporters during his … [+] weekly news conference in the U.S. Capitol Visitors Center on March 18, 2022 in W...
Investing In Renewables Sector — A Look At The Largest Renewable Energy Companies
| Getty Images Key Takeaways Renewable energy is more friendly to the environment compared to fossil fuels. Most green energy today is focused on wind and solar, however some companies are exploring h...
This British Clean-Energy Developer Is Making Big Bets
Europe’s urgent rush for new energy sources since Russia invaded Ukraine is creating a wide range of investment opportunities, including some intriguing speculative plays. Clean-energy developer Ceres...
Oil futures fall 10% for week as China’s COVID worries darken demand picture
Oil futures logged their second straight weekly declines, pressured as a resurgence of COVID-19 worries clouded the energy demand picture, and broader markets kept eyes on a hawkish Federal Reserve. U...
Freeport LNG Says It Hopes for Restart of Texas Plant in December
Freeport said production could reach 2 billion cubic feet per day in January, and full production could be back in March 2023. Photo: MARIBEL HILL/Maribel Hill via REUTERS Nov. 18, 2022 12:44 pm ET | ...
Find Renewable Income With These Alternative Energy Dividend Stocks
As much of the world is going through a secular shift from fossil fuels to renewable energy sources to help slow climate change, many renewable energy stocks have promising growth prospects ahead. Let...
buy ‘oil services stocks’ to play the energy trade from here on out
Oil is now back to the sub $90 level but that does not signal an end to the “energy trade”. In fact, it’s an opportunity to load up on oil stocks as far as Paul Sankey is concerned. Why is he bullish ...
NextEra Energy Partners Inks Agreemnet To Acquire Renewables Portfolio
NextEra Energy Partners LP (NYSE: NEP) has agreed with subsidiaries of NextEra Energy Resources LLC to acquire a 49% interest in an approximately 1.5-gigawatt renewables portfolio. The deal also inclu...
Today’s Energy Crisis Is Unlike Anything We’ve Ever Seen Before
Back in 2005, the world economy was “humming along.” World growth in energy consumption per capita was rising at 2.3% per year in the 2001 to 2005 period. China had been added to the World Trade Organ...
Mercedes Draws a Secret Weapon Against Tesla
Mercedes-Benz knows it has to act fast, if the legacy carmaker doesn’t want to be knocked out of the crucial electric vehicle market. The German brand is battling Tesla (TSLA) – Get Free ...
Oil buy, P&G tailwinds, sticking by TJX
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Opportunity to buy oil PG i...