As investors wonder when inflation will begin to abate, Morgan Stanley CIO Lisa Shalett is looking … [+] at the relationship between dollars and commodities for the answer. Getty Images Investor...
Tag: Energy
Compass Mining loses Bitcoin mining facility for neglecting energy bill
Hosting provider Dynamics Mining has ended its hosting arrangement with Compass Mining. Dynamics the firm has failed to pay essential bills and was in default on its obligations under the terms of the...
Berkshire Holds 16.4% of Occidental Petroleum After Recent Purchase
Text size Buffett likes American companies, and Occidental gets the vast bulk of its energy production domestically. Johannes Eisele/AFP/Getty Images Berkshire Hathaway continued to add to its stake i...
Ethereum Energy Consumption Sees Sharp Decline As Mining Profitability Drops
Ethereum energy consumption had been on the rise through 2021. Most of it had been triggered by the bull market which had brought renewed interest to the market. However, with the market now finally h...
Exxon CEO Warns That Consumers Will Pay For Hasty Energy Transition
ExxonMobil expects all new cars sold two decades from now to be electric vehicles. But the U.S. supermajor also believes that people will “pay a high price” in this rush to renewables without providin...
Avoidable or inevitable recession? Billionaire David Rubenstein’s view
Much of the U.S. market focus has been on the Federal Reserve’s more aggressive interest rate hikes as a reason to fear a recession. But Carlyle Group co-founder and co-chairman David Rubenstein...
Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks t...
Russian Gas Cuts Threaten World’s Largest Chemicals Hub
LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...
Bitcoin’s energy usage drops to 1-year low amid bear market and shift to renewables
Several elements of the crypto market are adjusting to the ongoing correction, with Bitcoin mining energy consumption being the latest sector to demonstrate the impact. As of June 26, the Bitcoin ene...
Energy Stocks Oneok and Chesapeake Energy Are Down. Execs Bought Up Shares.
Text size Energy firms Oneok and Chesapeake Energy saw large insider share purchases. Dreamstime.com Two energy firms caught up in a recent price slump saw large insider share purchases. President Joe...
Bitcoin Energy Consumption Declines as Miners Grapple With Falling Revenue
Bitcoin mining is no longer consuming as much energy as before, according to a Cambridge Bitcoin Electricity Consumption Index report, which shows a 25% decline in energy use since the start of the mo...
Gas-Tax Holiday Is a Gimmick. Here Are Some Better Ideas.
President Biden’s proposed gas-tax holiday is both a gimmick and dead on arrival. Yet, it is attracting inordinate attention across Washington and on Wall Street. There are viable ways to improve ener...
Bitcoin’s Energy Use Dips After Price Drop – Good News For Environmentalists?
Bitcoin, the world’s most popular cryptocurrency, consumes an astounding amount of electricity. But, its energy use depends on a lot of things. After suffering a major collapse this entire month, BTC ...
Carbon Removal And Usage Gains Traction As Energy Transition Lags
Mineral Carbonation International (MCi) CEO Marcus Dawe displays a section of negative emissions … [+] drywall containing 50% captured CO2 emissions. MCi As it becomes increasingly apparent that...
Bitcoin’s Energy Consumption Drops By A Quarter Following Crypto Crash
The Bitcoin network’s power consumption has fallen to 11 GW as of yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, wh...
Warren Buffett Beefs Up Occidental Petroleum Bet
Summary Buffett increased the holding by 6.67% as gas prices continue to climb. During Berkshire’s annual meeting, he expressed confidence in the CEO’s leadership. As oil prices continue t...
How blockchain can open up energy markets: EU DLT expert explains
Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s indust...
The race to make green hydrogen competitive is on
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some ca...
Crusoe Energy Systems Acquires Easter-Owens
Bitcoin miner Crusoe Energy Systems has acquired electrical manufacturer Easter-Owens Electric Co after many years of cooperation between both companies. According to an announcement on June 22nd, Cru...
What Did Warren Buffett See in Occidental That Carl Icahn Missed?
Berkshire Hathaway ( (BRK.A) – Get Berkshire Hathaway Inc. Report) purchased another 9.6 million shares of Occidental Petroleum ( (OXY) – Get Occidental Petroleum Corporation Report), incr...
Hydrogen Risks Being The Great Missed Opportunity Of The Energy Transition
20 June 2022, Brandenburg, Schönefeld: Franziska Giffey (M, SPD), Governing Mayor of Berlin, and … [+] Dietmar Woidke (r, SPD), Minister President of Brandenburg, stand in front of a model of a ...
A New Energy Crisis Brews In The Caribbean: The U.S. Virgin Islands
After years of bureaucratic dithering and foot-dragging, Puerto Rico appears to finally be on a path towards rebuilding and reorganizing its power grid and generating system after 2017’s Hurricane Mar...
US Senators call on OSTP to restrict PoW mining to zero-carbon energy sources
? Want to work with us? CryptoSlate is hiring for a handful of positions! Five U.S. Senators have sent a letter to the White House’s Office of Science and Technology Policy (OSTP), requesting the enti...
Wyoming’s Black Hills Energy Inks First Deal Under New Blockchain Tariff
Looking to entice Bitcoin miners to the region, Black Hills Energy announced today that it has completed its first agreement to provide power to a crypto mining facility under Wyoming’s Blockcha...
These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...
World’s largest hybrid ship to ferry passengers between UK, France
An artist’s impression of the Saint-Malo at sea. According to Brittany Ferries will have a battery capacity of 11.5 megawatt hours. Brittany Ferries A ship set to carry passengers between the U....
Berkshire Hathaway Holds 16.3% of Occidental Petroleum After Recent Buys
Text size Warren Buffett, chairman and CEO of Berkshire Hathaway. Kevin Dietsch/Getty Images Berkshire Hathaway purchased more than $500 million of Occidental Petroleum stock recently and now holds a ...
Here’s how you can compound dividend stocks to double the S&P 500’s return
Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exc...