An image of the £4.6 million FastBlade facility. Scotland has a long association with North Sea oil and gas production, but in recent years it’s also become a hub for companies and projects focu...
Tag: Energy
Viktor Orban’s Goulash Energy Policy Makes Hungary Putin’s Trojan Horse In Europe
Hungary’s Prime Minister addresses cheering supporters during an election night rally in Budapest, … [+] Hungary, Sunday, April 3, 2022. (AP Photo/Petr David Josek) ASSOCIATED PRESS On Wed...
Russia to permanently ‘decouple’ with west on energy, gas producers say
Russia will probably be permanently shut out of the global energy market once Europe weans itself off the country’s oil and gas, according to executives of energy producers Chevron and Woodside Petrol...
Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse
Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Departm...
3 energy stocks to keep on your watchlist as Q2 draws to a close
The recent sell-off in stocks has seen the S&P 500 lose 9.4% in the past month, with treasury yield slowly declining and some commodities trending downward as well. However, oil and gas prices are...
Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup
OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the bigge...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Warren Buffett Buys Stocks On the Dip
Billionaire Warren Buffet has been acquiring stocks on the dip during the recent market downturn and bulking up his stakes in oil companies such as Occidental ( (OXY) – Get Occidental Petroleum ...
Bitcoin & Energy Merge In Texas: 3 Giant Companies Announce New Mining Facility
The bitcoinization of Texas is one step closer. The Texas Pacific Land Corporation, Mawson Infrastructure, and JAI Energy partnered to build a facility that guarantees “60 megawatts of bitcoin mining ...
Chevron, Micron and 18 More Stocks Goldman Recommends to Ride Out the Storm
Text size Qualcomm is one of the 20 stocks on Goldman Sachs’ ‘margin of safety’ list. Pau Barrena /AFP via Getty Images Exxon Mobil , Qualcomm , Micron and Chevron are just some of t...
SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption
Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network. SBF...
Alterra Energy Looks To Blow The Lid Off Plastics Recycling
Alterra has developed proprietary technology to economically recycle mixed plastics. Image courtesy Alterra Energy The world has a plastic waste problem. That’s probably not news to you. Standard recy...
Diamondback Energy Agrees to Buy Rattler Midstream for $2.2 Billion
Text size The energy landscape has transformed dramatically since Rattler was taken public in 2019. Callaghan O’Hare/Bloomberg Rattler Midstream shares soared on Monday after the company announc...
Warren Buffett Spends Big as Stock Market Sells Off
The stock market’s selloff has been bad news for most investors. The Omaha-based company bought 901,768 shares of Occidental Petroleum Corp. OXY 8.21% last week, according to a regulatory filing. The ...
The Hidden Power Of ESG
A summit of European Union (EU) leaders and focusing on globalisation and migration in 2017 in … [+] Brussels. (Photo credit should read STEPHANIE LECOCQ/AFP via Getty Images) AFP via Getty Imag...
Chinese Wind-Turbine Companies Seek Global Growth as Western Rivals Struggle
TARANTO, Italy—Chinese wind-turbine makers have grown big on the back of their rapidly growing home market. Now they want to expand abroad, putting further pressure on Western wind-turbine makers, whi...
Is Elon Musk Right Or Wrong To Dismiss Hydrogen Use For Low-Carbon Energy Storage?
Tesla CEO Elon Musk gestures as he arrives at the Axel Springer Awards ceremony, in Berlin, on … [+] December 1, 2020. POOL/AFP via Getty Images The context is transitioning from fossil energy t...
China, Russia tipped to power up energy ties as Europe weans itself off Putin’s oil and gas
Energy cooperation between China and Russia is expected to step up, according to observers in China, as Europe looks to wean itself off Russia’s oil and gas after the Ukraine war. The assessment...
Phillips 66, Electronic Arts, and 5 More Companies That Raised Their Dividend
Text size Phillips 66 raised its stock dividend this week. David Paul Morris/Bloomberg Phillips 66 , Cardinal Health , and Electronic Arts were among the U.S. companies that declared dividend increase...
Bullish Devon Energy eyes a new top but should you buy now?
When Devon Energy Corporation (NYSE:DVN) reported its quarterly earnings on May 3, it ticked all boxes right. The company’s core earnings per share were $1.88, more than four times from last year. The...
Warren Buffett Beats the Market Rout Again
Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berks...
This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%
Markets are off to a stronger start on Friday, but it’s been a rough few days, with the S&P 500 facing a six-week losing streak, its longest in a decade. With a war raging in Europe, surging price...
Apple Stock Has Broken Down. That’s Bad for the Market.
Text size Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Apple stock has broken below a key level. That’s an ominous sign for the broade...
Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage
Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World ...
No, the markets are not panicking about inflation
If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the re...
Ukraine Stops Russian Gas Flowing to Europe Through Key Pipeline
Ukraine reduced flows of Russian natural gas through its territory to Europe, introducing a new threat to the energy security of a continent already racing to sever its dependence on Russian fossil fu...
Occidental Stock Rises on Record $4.7 Billion Quarterly Profit
Text size Occidental Petroleum has a huge footprint in the Permian Basin of West Texas. Joe Raedle/Getty Images Shares of Occidental Petroleum , one of the biggest producers of U.S. onshore oil and ga...
Oil prices are surging — these eight stocks are still bargains for long-term investors
The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still tradin...