WASHINGTON, DC – MARCH 15: Sen. Joe Manchin (D-WV) (L) talks with Senate Majority Leader Charles … [+] Schumer (D-NY) before the ceremony where U.S. President Joe Biden signed the “Consoli...
Tag: Energy
Climate change isn’t a ‘left-wing plot,’ charity founder says
People photographed in Lower Saxony, Germany, on July 19, 2022. A number of European countries were affected by a heatwave last month. Julian Stratenschulte | Picture Alliance | Getty Images It’...
Occidental Petroleum Tops Profit Estimates, Pays Down Debt
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earn...
PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller com...
Lucas Oil Pro Motocross And Monster Energy Supercross Partner To Create SuperMotocross World Championship
Outdoor Pro MX and Supercross have partnered to create the SuperMotocross World Championship. (Photo … [+] by Andrew Bershaw/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images In...
Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Stock Surges
Text size House Speaker Nancy Pelosi is set to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images Stocks were slipping Tuesday amid rising geopolitical tensions, as House Speaker Nancy Pelosi is ...
BTC Miner Bitfarms’ Energy Capacity Touches 21% in July
Bitfarms’ energy capacity increased to 21% in July from June 30. The Bitcoin miner’s increase in energy capacity reached 166 megawatts following the firm’s completion of the second c...
Morocco Wants To Be A ‘Destination’ For Renewable Energy
The Noor III solar tower of the Ouarzazate Power Station at dusk. Mark Lacoste, Wikimedis Commons The Sahara has a lot of land and a lot of sun, making it an appealing place to site massive solar gene...
Electric Vehicle Tax Credits Likely To Get New Life And A Manchin Makeover
Sen. Joe Manchin talks with the media after a hearing on hydrogen pipelines CQ-Roll Call, Inc via Getty Images In a major win for automakers and future electric vehicle buyers, tax credits for the pur...
Big Oil Could Pay Up to $25 Billion in New Taxes Under Dems’ Inflation Bill
Text size An oil pumpjack Spencer Platt/Getty Images Oil stocks were poised to open lower Monday as investors reacted to the news that the Democrats’ climate change measure could cost oil companies, b...
Manchin-Schumer Compromise Is A Watershed Moment For U.S. Energy
WASHINGTON, DC – JULY 20: Sen. Joe Manchin (D-WV) talks to reporters as he leaves the the Senate … [+] Democrats weekly policy luncheon at the U.S. Capitol on July 20, 2021 in Washington, ...
Buy DTE Energy And Archer Daniels Midland
Photographer: Michael Nagle/Bloomberg © 2022 Bloomberg Finance LP The stock market is likely to rally through August, correct in September, and rally in the last three months of the year. Here are som...
ExxonMobil-Led Consortium Bucks Oil Industry Trends In Guyana
The Liza Destiny FPSO operating in deep waters offshore Guyana. ExxonMobil I wrote a few days ago about a new study from Rystad Energy which illustrates the scope and global importance of the developm...
America’s New Energy Crisis – WSJ
America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the ...
Russian Gas Pivot Toward China Will Ease Europe’s Energy Crunch
(Bloomberg) — Russia is boosting natural gas shipments to China as it curbs flows to Europe, a dynamic that may offer some respite from the unprecedented rally in energy costs, according to cons...
Exxon Skips Its Victory Lap
More than a year after an activist investor-led shake-up, Exxon Mobil has ticked a lot of boxes to endear itself to its shareholders. Now, the company is on a broader charm offensive. Exxon Mobil on F...
Clean Energy Solar Stocks Sunrun, SunPower Scorch On Good News
Getty Images Key takeaways Clean energy got a boost Thursday after Sen. Joe Manchin and Senate Majority Leader Chuck Schumer reached a deal on climate spending The renamed “Inflation Reduction Act of ...
Exxon Mobil Stock Surges After Energy Giant Drills to Record Profit
Text size PHOTOCAP Dean Mouhtaropoulos/Getty Images Soaring energy prices and increased production helped Exxon Mobil shatter its previous record for quarterly profit as the oil and gas giant posted e...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy – Mining Bitcoin News
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from rene...
Senate Climate Bill Is a Boon for Fossil Fuels
WASHINGTON—Senate Democrats are moving forward on the costliest and most ambitious effort ever by the U.S. to address climate change—powered in part by benefits for fossil fuels and the broader energy...
Manchin’s climate turnaround: Climate groups react
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) ...
Inflation Reduction Act: What to Know About the Democrats’ Latest Economic Package
The bill Sen. Joe Manchin (D-W.Va.) and Majority Leader Chuck Schumer agreed to aims to address climate change, healthcare, taxes, and more. Photo by Kevin Dietsch/Getty Images Text size Build Back Be...
Opinion: Energy stocks have a sustainable future: it’s in their dividends
One of the few numbers growing faster than energy stock dividends is the size of crowds convinced they are not sustainable. I’ve never witnessed a consensus opinion as negative on an entire sector as ...