When Russia invaded Ukraine a year ago, President Vladimir Putin had a lot more in his war plan than tanks and missiles. Putin also planned an energy war in parallel with his military war on the groun...
Tag: Energy
Ukraine War Illustrates Importance Of American Energy Dominance
Ukrainian servicemen get ready to repel an attack in Ukraine’s Lugansk region on February 24, 2022. … [+] – Russian President Vladimir Putin launched a full-scale invasion of Ukraine...
Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff
One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...
A Year On From The Invasion
Authored by Simon Flowers, Chief Analyst and Chairman at Wood Mackenzie. Russia’s war has had a huge impact outside Ukraine, particularly for the global energy markets. Soaring prices and supply chain...
Iceland’s abundance of renewable energy boosts Bitcoin hashrate
Ad With its vast renewable energy resources, Iceland has emerged as a prominent destination for Bitcoin mining. However, according to new research by one of the industry’s leading watchdogs, the count...
Higher Interest Rates Might Drive Inflation, And We Need To Decide Very Quickly If That Is True
A surprising number of economists have recently said that they believe high rates drive inflation. This is scary for two reasons. The first reason is that the people in charge may be wrong about one o...
Energy Analyst Says Bitcoin is no Longer Tied to Emissions
A climate change venture capitalist says that Bitcoin’s recent success is independent of emissions. Bitcoin has broken away from tethering, unlike the current fiat system, according to Daniel Batten. ...
Putin attempting to sabotage North Sea energy assets, Netherlands warns
Russia has been secretly collecting intelligence to sabotage Netherlands’ North Sea energy infrastructure – REUTERS/Jana Rodenbusch Russia has been secretly collecting intelligence to sabotage N...
Environmental analyst says bitcoin mining uses 52% green energy
Environmental sustainability has been a key topic in the ongoing debates over bitcoin (BTC) mining. An analyst now says the industry derives more than half of its energy needs from cleaner and more su...
Over 52.6% of Bitcoin mining now powered by sustainable energy
Ad Amidst the rapid evolution of the high-tech and ever-evolving landscape of Bitcoin mining, an intriguing discovery has emerged from one of the industry’s leading Bitcoin energy researchers. Accordi...
Britain’s energy market is blatantly rigged
Rough Gas Storage Profits made by British Gas owner Centrica have sparked widespread political outrage. “Rishi Sunak should get a grip – and impose a meaningful, tough windfall tax,” said Sharon Graha...
Biden Government To Push Ahead With Crypto Energy Restriction Plans
Join Our Telegram channel to stay up to date on breaking news coverage Last year, the cryptocurrency industry was definitely a bust. After the demise of the crypto exchange FTX, the crypto market was ...
Putin losing energy war as European gas supplies near record levels
Vladimir Putin has seen Russian revenues from gas tumble from highs set in August – Sputnik/Mikhail Metzel via Reuters Europe is on course to end the winter with near record volumes of gas in st...
Why energy stocks are sitting out the 2023 rally
Energy stocks have been largely sitting out the recent broader market rally, despite a stellar 2022 performance. Expectations of easing inflation and a slowdown of Federal Reserve rate hikes have kept...
China rebound is the biggest unknown facing oil markets, IEA chief says
Fatih Birol, executive director of the International Energy Agency (IEA) at the World Economic Forum (WEF) in Davos, Switzerland. Bloomberg | Getty Images The International Energy Agency’s execu...
The state of energy sector in 2023 & beyond by Decarbonice
2022 was one of the toughest years for the energy markets worldwide in our recent history. The year was marked by geopolitical conflicts that caused rapid price increases of multiple energy sources, c...
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Ima...
Bitcoin miner Iris Energy posts $144 million net loss
Iris Energy posted a net loss of $144 million, mainly due to a $105.2 million non-cash impairment charge in part related to its equipment financing, and said it mined fewer bitcoin in the quarter end...
Republicans leading House environmental committees: Who are they?
The US Capitol in Washington, DC, US, on Wednesday, Jan. 25, 2023. Al Drago | Bloomberg | Getty Images Following the midterm elections in November, President Joe Biden faces a GOP-controlled House of ...
Turkey’s Earthquakes Shake Up The Energy And Political World
apartment building in Van (TURKEY) after earthquake getty In rapid succession during the morning of February 6, Eastern Turkey and its environs were hit by first, a magnitude 7.8 earthquake and, then,...
Economists say Moscow and Putin won’t drain war chest any time soon
Men wearing military uniform walk along Red Square in front of St. Basil’s Cathedral in central Moscow on February 13, 2023. Alexander Nemenov | Afp | Getty Images The coming months will be crit...
Stocks moving in after hours: Airbnb, TripAdvisor, Devon Energy
Airbnb (ABNB) Airbnb shares jumped 11% after the home-sharing platform posted fourth-quarter results and guidance which beat Wall Street expectations. Airbnb sees first quarter revenue between $1.75 b...
Why Devon Energy Stock Is Down After Hours
Devon Energy Corp (NYSE: DVN) shares are trading lower in Tuesday’s after-hours session after the company reported fourth-quarter results. What Happened: Devon Energy reported adjusted fourth-quarter ...
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%
Shares of Occidental Petroleum Corp. OXY, +2.44% rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. BRK.B, -0.94% BRK.A, -0.84% disclosed that it increased its s...
Nearing retirement? Here’s how to shift your portfolio from growth to income.
Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you migh...