TOPSHOT – US President Joe Biden signs the Inflation Reduction Act of 2022 into law during a … [+] ceremony in the State Dining Room of the White House in Washington, DC, on August 16, 202...
Tag: Energy
Middle East And Central Asia Face Renewable Energy Bill Of Up To $884 Billion, Says IMF
Solar panels with sunset and blue sky background. Clean power energy concept getty Countries in the Middle East and Central Asia may have to spend $884 billion on developing renewable energy plants be...
Oil Companies Lift Their Dividends as Cash Rolls In
It was a busy week for dividend increases at energy companies, a bonus for investors who have scored as the stocks have taken off this year. The sector is prospering as Russia’s war against Ukraine ha...
In an effort to wean itself off Russia’s energy, the EU is running into the arms of another dictator
Europe is in a tough spot. For years, the European Union (EU) has relied on Russia to supply the oil and gas it needs to power industries and heat homes. Last year, 40% of the gas that Europeans burne...
Quebec’s Energy Manager To Cut Supply For Crypto Mining Due To Shortage
Cryptocurrencies are generated via a process known as crypto mining which consumes much electrical power. And higher energy consumption has consequently brought electrical power shortages in several r...
3 Energy Stocks Break Out Past Buy Points But 2 Fade
Top energy stocks Tsakos Energy Navigation (TNP), Woodside Energy (WDS) and Imperial Oil (IMO) climbed to 52-week highs Friday as the energy sector holds strong. Tsakos and Imperial hit buy points, an...
7 Clean Energy Stocks to Buy for 2023 and Beyond
Fundamentally, it’s quite possible that the discussion centering on clean energy stocks to buy represents an ignorable topic. At its core, the underlying energy initiative concentrates on the growing ...
Republican Wave Promises Shift In America’s Energy Policy
Senate Minority Leader Mitch McConnell R-KY speaks to the media after a Republican policy luncheon … [+] at the US Capitol in Washington, DC. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/A...
Oil And Gas Profits Very High Once Again – What This Feels Like To Energy Consumers.
Oil wells in North Dakota. Gamma-Rapho via Getty Images Third quarter (Q3) profits have been released and, for oil and gas companies, the numbers are stunning. In Q2, bp made $8.45 billion dollars and...
Oldest Renewable Energy Source in America saved by BTC Miners
Bitcoin (BTC) and its hash mining are widely criticized BTC Price at the time of writing – $20,753.23 United States listed Kazakhstan, and Pakistan as some exotic destinations for mining Despite the w...
Visiting Helion Energy when the Seattle region was cloaked in smoke
Cat Clifford, CNBC climate tech and innovation reporter, at Helion Energy on October 20. Photo taken by Jessie Barton, communications for Helion Energy, with Cat Clifford’s camera. On Thursday, ...
Snap-On, Capital One Financial, Hershey, UnitedHealth Group, Dominion Energy
Snap-on announced that its Board of Directors has declared a quarterly common stock dividend of $1.62 per share payable December 9, 2022, to shareholders of record on November 21, 2022. This represent...
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
Hydro-Quebec’s plan called for the Regie de l’energie, or Canada Energy Regulator, to suspend the allocation of a 270 megawatts (MW) already planned for the industry. “In light of th...
Merged Mining Solves Bitcoin’s Energy Problem
Bitcoin’s novel proof-of-work (PoW) consensus model is a technological marvel. It enabled the world’s first decentralized monetary system and paved the way for new distributed technologies underpinnin...
7 Energy Stocks to Buy Before the Market Starts to Soar in 2023
While the concept of energy stocks to buy might seem overdone at this point of the year, the segment may still offer substantial upside. Fundamentally, one of the catalysts that sparked the wild rally...
CEO says regulation needed to keep firms in line on sustainability
The last few years have seen huge swathes of companies make net-zero commitments and other sustainability-related goals. Shansche | Istock | Getty Images Companies need regulation and greater accounta...
Hydro-Quebec seeks to cut power to blockchain miners
Miners in Quebec may soon be looking off-grid for power solutions. Public utility provider Hydro-Quebec cited increased electricity demands over the next decade as it filed a request with the re...
Bitcoin Mining Firm Iris Energy Might Fail To Pay Off Its Loans
Several unfortunate cases are springing up in the Bitcoin and crypto ecosystem. The main reason for these adverse events comes down to the current bearish trend of the cryptocurrency market. Regardles...
Nikola Stock Is Rising. The Company Is Making More Trucks.
Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any ...
Bitcoin Energy Consumption | Why Bitcoin Uses So Much Energy
Bitcoin energy consumption is one of the people’s main concerns about cryptocurrency. In the last six months of 2019, the Bitcoin hash rate nearly doubled. A hash rate is a term used to describe the...
Rising Bitcoin Hash Rate Sets The Stage For Energy Companies
Bitcoin Mining hash rates are important security metrics as they signify the network’s overall resistance to malicious attacks. Hash rates also measure a blockchain network’s ability to process transa...
What Europe’s Brimming Gas Supplies Mean For Cheniere Energy Stock
Cheniere Energy (LNG) announces third-quarter earnings Thursday. The U.S. liquefied natural gas giant is well positioned as a leading supplier to Europe and other regions. However, natural gas prices ...
Bitcoin Miner Iris Energy Says Bad Debt Contained in ‘Rotten Arms’
Bitcoin miner Iris Energy remains defiant despite facing debt default on $103 million in loans next week. In a recent SEC filing, the Australia-based firm said that while it can generate $2 million in...
Looming Energy Disaster Is On Its Way
Thanks to unseasonably warm weather, increased energy production and some conservation, the U.S. and Europe may get through the winter without serious shortages. But a bout of bad weather would change...
Wave energy device put through its paces during trials in Scotland
The Waveswing wave energy converter photographed in Scapa Flow, Orkney. EMEC Sea-based trials of a wave energy converter weighing 50 metric tons have produced “highly encouraging results,”...
Bitcoin Miner Iris Energy On Verge of $103 Million Loan Default
Yet another major North American Bitcoin miner is looking ill-prepared to pay off its debts before the end of the year. This time it’s Iris Energy – a sustainability-focused miner that recently revea...
This oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like that—and it would’ve be...
Powell Raises Rate by 75 bps; Dow Jones Plunges; Top Energy Stock Nears Buy Point Before Earnings| Investor’s Business Daily
The Dow Jones Industrial Average plunged over 500 points to close a volatile day as the market reacted to Fed Chair Jerome Powell 75 bps rate hike at 2 pm ET. The blue chip index rose 1% immediately ...
Stocks await Fed, Club earnings
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 Wednesday’s key moments. Fed decision ahead Quick...
Bitcoin Miner Iris Energy Says Some Machines Aren’t Covering Financing Costs
The company has three special-purpose vehicles specifically for financing the purchase of mining equipment. Together the three have $104 million of debt outstanding. That’s secured against 3.8 e...