An offshore wind turbine in waters off Taiwan. Taiwan’s Ministry of Economic Affairs says it’s targeting 20% renewable energy generation by the middle of this decade. Billy H.C. Kwok | Blo...
Tag: Energy
Enphase Energy Stock Sinks as Analyst Reviews Sector
Enphase Energy Inc (NASDAQ:ENPH) is sinking today, last seen down 11.3% to trade at $158.40 , after the equity attracted a price-target cut from Piper Sandler to $220 from $230. The brokerage firm is ...
U.S. Energy Executives Cash In on Oil Boom With Stock Sales
(Bloomberg) — If stock sales are anything to go by, the heads of some of the largest U.S. oil and gas companies may be signaling that this year’s boom in energy shares is limited. Most Read from...
Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C
“This capital will enable Crusoe to deploy Digital Flare Mitigation at greater scale, to use its solution to accelerate renewable energy deployment, and to continue innovating its industry-leading tec...
To Help The Earth Let’s Acknowledge The Limits Of Alternative Energy
A banner at the inaugural Earth Day depicting the earth calling out for help, New York City, 22nd … [+] April 1970. Earth Day is held annually to raise awareness of environmental issues. (Photo ...
Kerry Praises Europe As ‘The Lead On The Planet’ For The Energy Transition
GLASGOW, SCOTLAND – NOVEMBER 04: Secretary John Kerry, U.S. Special Presidential Envoy on Climate, … [+] launches the First Movers Coalition, the green initiative announced at COP26 by Pre...
The Rising Cost Of Energy Impacts Bitcoin Mining Profitability
The relationship between energy prices, hash rate, difficulty and the bitcoin price will be extremely important Current market conditions are certainly putting a strain BTC Price at the time of writin...
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says – Mining Bitcoin News
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the w...
Energy-Driven Ruble Rebound Won’t Rescue Russia
Russian President Vladimir Putin speaks during a meeting of the Russia the Land of Opportunity … [+] Supervisory Board at the Kremlin, in Moscow, Russia, Wednesday, April 20, 2022. (Mikhail Klim...
Forward Prices In Commodity And Bond Markets Consistent With Rapid Slowdown In CPI
Commodity and Interest Rate Markets Anticipate Taming of Inflation getty Annualized CPI at 8%. Crude oil at $105/barrel. 10-year bond yields at 2.7%. These price levels that continually scroll over co...
People should cut energy use to stop Ukraine war
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring ...
Siemens Gamesa in $629 million sale of south European assets to SSE
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operat...
Cramer’s Mad Money Recap 4/19: Plug Power, Bank of America, Twitter
The stock market should’ve been down Tuesday, Jim Cramer told his Mad Money viewers, but instead, we had a great run. How’d that happen? It wasn’t bonds, earnings, or housing starts ...
Blockchain and oracles can help clean energy transition, study claims
New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a report clai...
BP deal sends Nasdaq-listed EV charging stock Tritium surging
The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars a...
Gulf Energy buys an undisclosed amount of BNB tokens
Gulf Energy Development, an energy company based in Thailand, has announced a strategic investment in Binance and BNB, the native cryptocurrency used in the BNB Chain ecosystem. Gulf Energy already ha...
Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange
In a letter addressed to the president of the Stock Exchange of Thailand, the country’s power generation firm Gulf Energy Development Public Company Limited unveiled its investment in Binance.US...
Thailand’s Unicorn Gulf Energy Invests in Binance.US as Part of Joint Venture
Gulf Energy’s partnership with Binance is well in tune with its digital transformational plans and will lay the basis for the firm’s potential moves in the emerging digital scene in the near future. O...
Market will break out of slump due to peaking inflation: Evercore ISI
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to th...
Oil Service Stocks Are Gaining Steam. These Are the Ones to Watch.
Text size Prices and margins are improving for companies like Haliburton. Dreamstime Oil services and equipment companies slimmed down after the last oil bust, and that’s left them looking lean as oil...
Thailand’s Leading Power Company Gulf Energy Invests in Binance US and BNB
Thailand’s Gulf Energy Development Public Company Ltd. recently announced that it had made a significant investment in the US affiliate of the leading cryptocurrency exchange, Binance. Gulf Invests in...
Gulf Energy pursues joint venture with Binance, invests in BNB
Thailand-based Gulf Energy has made strategic investments in cryptocurrency exchange Binance US and signaled its pursuit of a joint venture with the global Binance exchange as part of a targeted effor...
Stimulus checks not to blame for inflation: Andrew Yang
MIAMI — Former presidential candidate Andrew Yang says that Covid stimulus checks are not to blame for the recent inflation spike — and he’s still in favor of sending people free cash as a way t...
Southwest Gas Stock Soars. It’s Exploring a Sale and Other Alternatives.
Text size Flared natural gas being burned off. Spencer Platt/Getty Images Southwest Gas said Monday its board authorizedthe review of a full range of strategic alternatives, includinga sale of the com...
Biden’s Revival Of Oil Leasing Program Plays To Mixed Reviews
WASHINGTON, DC – OCTOBER 08: U.S. President Joe Biden hands a pen to Secretary of the Interior Deb … [+] Haaland after signing an executive order to expand the areas of three national monu...
Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices su...
Gulf Energy invests in Binance as part of a joint venture
TL;DR Breakdown Gulf Energy Development partners with the Binance cryptocurrency exchange. Binance expands its presence in Asia. Binance, the world’s biggest cryptocurrency exchange, has teamed up wit...
Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energ...
Plug Power’s Walmart Deal Is a Step in the Right Direction, Analyst Says
Text size Plug Power stock has gained about 4% the last 12 months. Courtesy Plug Power Plug Power’s recent deal with Walmart is solid validation for investors that the company’s green hydrogen investm...