Equinor ASA (Photo by STR/NurPhoto via Getty Images) NurPhoto via Getty Images The global energy complex is in a state of flux, made worse by the war in Ukraine, overzealous European lawmakers and unp...
Tag: Energy
Tesla, Enphase Energy, Exxon Mobil and more
A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesl...
Bitcoin mining touted to reduce Kenyan villages’ energy costs by 90%
Gridless, a platform that supports distributed, rural, hydro Bitcoin (BTC) mining, has suggested that Kenyan villages can reduce energy costs significantly by plugging mining into local mini-grids. A...
Gas and energy prices in Europe tumble; What to expect next?
European energy and gas prices plunged over the past weeks as a reaction to governments stepping up to curb a crisis that threatens to throw the entire euro area into a recession. The bailout style o...
Europe Energy In Deep Crisis Mode
A screen grab from Danish Defense shows the gas leaking at Nord Stream 2 seen from the Danish F-16 … [+] interceptor on Bornholm, Denmark on September 27, 2022. (Photo by Danish Defence/Anadolu ...
Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker – Regulation Bitcoin News
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White Hou...
PVC Piping Prices Are Dropping as Housing Market Weakens
Text size PVC piping is made from ethylene, a petroleum product that Occidental Petroleum produces. Dreamstime.com As rising interest rates interest rates pummel the housing market, the ripple effects...
Oil Prices Slip Despite Prospect of Major Supply Cut
Oil prices fell slightly in early trading after two sessions of strong gains, ahead of an OPEC+ meeting on Wednesday when the oil group and its allies are expected to debate the biggest reduction in o...
Reversing Energy Export Boom Is Economic Dead End For Biden
WASHINGTON, DC – U.S. President Joe Biden is reportedly considering reversing a decades-old decision … [+] to allow the export of U.S. produced oil and natural gas. (Photo by Al Drago/Gett...
Europe made a mistake with Russian energy, now it needs to spend big
U.S. Senator Chris Murphy on Tuesday criticized Europe’s overreliance on Russian energy, saying it had come at a heavy cost and called on the region to start investing heavily in alternative sup...
Orsted to use more fossil fuels as energy crisis continues
Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by Danish authorities to do so, as governments around Euro...
Bitcoin miners receive access to waste gas from Argentinian state-owned energy firm
Bitcoin (BTC) miners have long been subjected to criticism over the energy they utilize to carry out their mining activities, leading some countries to try and offset as much damage to the environment...
ENPH Stock: Riding The Wave In Solar Energy
Enphase Energy Inc Enphase Energy Inc ENPH $9.14 3.29% 19% IBD Stock Analysis Enphase has held most of its recent gains in current consolidation Stock not actionable today but worth watching Aggressiv...
U.S. auto sales fall slightly in Q3, but GM is a bright spot
DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers’ appetite for expensive new ca...
Buffett’s Likely Successor Buys $68 Million of Berkshire Stock
Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berk...
It’s time to part ways with the energy stocks: Karen Firestone
“Energy” is outperforming every other sector this year but Karen Firestone (Aureus Asset Management) says these stocks are not worth owning from here and out. OPEC+ to consider cutting oil production ...
Stocks jump, two trades and Club names in the news
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 Monday’s key moments. Stocks jump We made two tra...
European Stock Futures Drop on Energy Crisis, Recession Woes
(Bloomberg) — European stock futures fell as the region’s energy crisis continued to escalate and investors fretted over the hawkish central banks’ impact on the economy while monitoring news ab...
The Biden Administration’s Irrational Desire To Limit U.S. Energy Exports
Liquid Natural Gas tanker at port with LNG liquefaction plant in background. getty Another active week in the energy space ended with the Wall Street Journal reporting that the CEO of ExxonMobilXOM , ...
A Billionaire From Clean Energy, Musk Vs Fisker And How To Get Sustainability Tax Breaks
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. In Pictures via Getty Images Among the pr...
U.S. Energy Independence Has Grown
MIDLAND, TX – JULY 29: President Donald Trump speaks to city officials and employees of Double Eagle … [+] Energy on the site of an active oil rig on July 29, 2020 in Midland, Texas. Trump...
How Much Energy Do NFTs Use? Less Than You May Think
Key Takeaways NFTs have faced major criticism concerning their impact on the environment. Much of the criticism is rooted in a misunderstanding about how blockchains function. The major Layer 1 blockc...
Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.
Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying. Yes, that sounds like a terrible i...
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon Mobil is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing that restricting shipments would further squeeze global supplies and lift pump ...
Revolut’s crypto chief says ‘Christmas lights use more energy than Bitcoin’
Ed Cooper, who is the crypto product owner for challenger bank Revolut, believes that concerns about Bitcoin’s impact on the environment are unwarranted. Despite the fact that the Proof-of-Work (PoW) ...
21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock inv...