NextEra Energy Partners LP (NYSE:NEP) closed up 4.99% on Friday. That was after swinging into Q2 earnings of $2.61 per share, from a loss of $0.96 per share last year. The earnings were boosted by a 4...
Tag: Energy
Oil Doesn’t Have to Boom for These Companies to Thrive
Oil-and-gas companies aren’t anywhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing out profit as if they were. Schlumberger said on Friday that its...
Europe’s energy giants explore potential of floating solar
This illustration shows how SolarDuck’s technology could be deployed at sea. SolarDuck German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar tec...
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunket...
Peter Brandt Says Bitcoin Is “Useless Without an Exorbitant Use of Energy”
Tomiwabold Olajide Bitcoin has seen harsh criticism from climate activists and environmentalists Veteran trader Peter Brandt has aimed at Bitcoin’s energy consumption. In response to a tweet mad...
Does Gen Z Care About The Energy Industry?
Neha Bhat, University of Houston; Aparajita Datta, UH Research Assistant; Ramanan Krishnamoorti, UH Chief Energy Officer LUZHOU, CHINA – JUNE 3, 2022 – Teachers guide a team of the Luzhou ...
China’s Clean Energy Push Grows, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week on a strong note except for Japan, which was off for Marine Day, a national holiday meant to give thanks for the ocean’s bou...
Germany Bails Out Energy Giant Uniper In Latest Sign Of Deepening European Energy Crisis
Topline The German government will take a 30% stake in flailing German energy company Uniper at a multibillion dollar price tag, the company announced Friday, in a massive bailout showing the dire con...
‘It’s Nothing Without its Energy Consumption’, Says Peter Brandt against BTC
Peter Brandt, one of the most vocal critics of Bitcoin (BTC), has taken a jab at the digital currency again, dwelling on the coin’s energy correlation with its value this time. Talking throughTwitter,...
BRICS In The New World Energy Order: Hedging In Oil Geopolitics
SAINT PETERSBURG, RUSSIA- APRIL 27: Russian President Vladimir Putin addresses a meeting of the … [+] Russian Geographical Society’s Board of Trustees on April 27, 2015 in St. Petersburg, ...
Peter Brandt Slams Michael Saylor for Saying Bitcoin (BTC) Is “Secured By Energy”
– Advertisement – The veteran futures trader did not consider Saylor’s comment about Bitcoin to be true. Peter Brandt has slammed MicroStrategy CEO Michael Saylor for saying the world’s la...
Clean Energy Remains A Long-Term Leader
The global equity benchmark remains -21% off highs (-24%) to its recent June lows as shown in the Datagraph™ below. William O’Neil + Co. Within the ongoing global bear market, finding areas of r...
Airlines criticized for betting on alternative fuels
One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, Englan...
Russia Restarts Key Gas Pipeline To Europe After Fears Moscow Would Keep Taps Closed
Topline Russia has resumed gas supplies to Europe via a key pipeline after it was shut for repairs 10 days ago, the operator announced on Thursday, dampening energy prices and assuaging fears that Mos...
BTC mining, sustainable energy have bullish stats for investors
Bitcoin mining and environmental concerns are the two terminologies that are used quite often when addressing the issue around Bitcoin. A lot of investors have been asking- Will Bitcoin have a bad rep...
Toyota plans to develop light duty hydrogen fuel-cell trucks
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztia...
Biden announces new climate programs, but no emergency declaration
U.S. President Joe Biden delivers remarks on climate change and renewable energy at the site of the former Brayton Point Power Station in Somerset, Massachusetts, U.S. July 20, 2022. Jonathan Ernst |...
Developer Predicted: Bitcoin Using 100X of Energy Will Make BTC Trading at $20mn
Using the overall wasted energy could make bitcoin an absurd $420 trillion entity, says a bitcoin developer. The long-running debate about bitcoin mining’s energy consumption has added an absurd...
The Latest Samsung Mining Chips Will Produce 45% More Energy
3 hours ago | 2 mins read Editors News Samsung starts producing 3-nm chips, which will be 45% more energy-efficient. The new chips are predicted to increase by 23%. The technology powerhouse Samsung a...
Don’t Bet On President Biden’s Promises That Oil Prices Will Drop
WASHINGTON, DC – Prices for gas at an Exxon gas station on Capitol Hill in Washington, DC. The cost … [+] of gasoline has dropped recently on fears of a recession. (Photo by Win McNamee/Ge...
For Climate’s Sake, Don’t Have The Fed Cause A Recession
With U.S. inflation at 9.1%, economic pundits are bracing for the U.S. Federal Reserve to pull a Paul Volcker. The Fed Chairman from 1979 to 1987, Volcker tamed inflation by driving short-term interes...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
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. 1. Apple to slow down hirin...
Samsung Teases New Mining Chips with 45% More Energy Efficiency
Samsung started working on the chips late last year, collaborating with some of its subsidiaries, including Siemens, Ansys, and Synopsys. The world leader in semiconductor tech Samsung has announced t...
Nuclear power plant lowers output to protect fish
Switzerland’s Beznau nuclear power plant photographed in July 2019. The facility uses the river Aare for cooling. Fabrice Coffrini | AFP | Getty Images A nuclear power plant in Switzerland is lo...
UK plans $95 million hydrogen gigafactory
A sign for a hydrogen fuel pump at a train refueling station in Germany. Hydrogen has a diverse range of applications and can be used in a number of industries. Krisztian Bocsi | Bloomberg | Getty Ima...
100X Bitcoin energy use would mean ‘absurd’ $20M BTC price — developer
A new contributor to the Bitcoin (BTC) energy debate says that 1 BTC would have to cost $20 million to use 100 times its current energy demands. In a Twitter debate on July 18, Sjors Provoost, a Bitco...
Berkshire Nears 20% Stake in Occidental Petroleum After New Buys
Text size Berkshire CEO Warren Buffett has been steadily adding to his company’s position in Occidental for months. Andrew Harrer/Bloomberg Berkshire Hathaway continues to add its stake in Occid...
Crypto Miner Marathon Secures 200MW Energy Capacity from Applied Blockchain
Bitcoin miner Marathon Digital Holdings has announced the completion of a deal with Ethereum and altcoin mining company Applied Blockchain to secure at least 200 megawatts of energy capacity. The deal...
Crypto Miner Marathon Secures 200MW of Energy Capacity from Applied Blockchain
Bitcoin miner Marathon Digital Holdings has announced the completion of a deal with Ethereum and altcoin mining company Applied Blockchain to secure at least 200 megawatts of energy capacity. The deal...
Natural Gas Stocks Are Beating Oil Names. Here’s Why.
Text size Unlike oil, natural gas has no cartel to stabilize prices, so they are likely to remain volatile. Joe Raedle/Getty Images) Oil prices have traded lower for most of July, with U.S.-traded cru...
Avoid GE stock ahead of earnings as Wall Street’s expectations haven’t fallen far enough, analyst says
Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down en...