Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straig...
Tag: Energy
Adani Group Receives $2 Billion Investment From Abu Dhabi For Green Energy Push
Gautam Adani, Chairman of the Adani Group. Abhijit Bhatlekar/Mint via Getty Images Abu Dhabi’s International Holding Co. (IHC) has invested $2 billion in three green energy-focused companies run by In...
Constellation Brands and Murphy Oil Raised Their Dividends This Week
Text size This week was a slow one for dividend increase announcements. Freeze Frames/Dreamstime.com Constellation Brands and Murphy Oil were among the small number of companies that declared dividend...
General Dynamics Stock: Why It’s Time to Buy
Text size General Dynamics M1 Abrams battle tanks. Krisztian Bocsi/Bloomberg Russia’s war in Ukraine shows no sign of ending, and the news of civilian deaths in places like Kramatorsk, Bucha, and Irpi...
Elon Musk’s ‘50% Clean Energy’ BTC Goal Braced With First Solar Bitcoin Mining Plant Powered By Tesla ⋆ ZyCrypto
Advertisement     Elon Musk’s EV maker Tesla forged a partnership with digital payments firm Block (formerly Square) and bitcoin infrastructure company Blockstream. Th...
Best Energy Stocks To Buy Now
Key Insights Energy stock rally continues despite the pullback in the oil markets. Natural gas and coal look strong as sanctions on Russia disrupt markets. Many stocks in this segment have already en...
The EU’s Energy Dependence On Russia Charted [Infographic]
While the U.S. is moving away fast from Russian energy imports, the EU—one of Russia’s crucial trading partners—is taking more time to ween itself off Russian gas, oil and coal despite heightened scru...
Here’s How Much Major Energy Companies Are Losing By Exiting Russia
Topline Major oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, are now warning that doing so will result in billions of dollar...
The role of natural gas in the Russia-Ukraine conflict
Natural gas is one of several commodities affected by Russia’s invasion of Ukraine. Prices on the Dutch TTF hub, a European benchmark for natural gas trading, more than tripled between February...
Biden’s Thinking On Energy Is Deeply Flawed And Possibly Deadly
Transportation Secretary Pete Buttigieg made telling statements this week that revealed deep flaws in how the Biden Administration views the energy world. At one event Buttigieg said that even if we w...
A New Geopolitics Of Finance And Energy Trade Emerges
A container is decorated with a map showing the Nord Stream 2 gas pipeline, which was expected to … [+] deliver Russian gas to European households, in Lubmin’s industrial park, northeaster...
Methane emissions surged by a record amount in 2021, NOAA says
A broken oil well pipeline gauge near Depew, Oklahoma J Pat Carter/Getty Images Global emissions of methane, the second biggest contributor to human-caused climate change after carbon dioxide, surged ...
The stock market is behaving a lot like it did during the Iraq war. Here’s the future if the pattern continues.
History doesn’t repeat, but it does rhyme. The Iraq war of 2003 doesn’t have many parallels to Russia’s invasion of Ukraine, other than perhaps global unpopularity. But there seems to be at least one ...
Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint
Bitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a report by Arcane Research. Miners in the country also benef...
Britain eyes nuclear, wind, fossil fuels in bid for energy security
Alongside a ramp up in nuclear power, the British Energy Security Strategy envisages up to 50 GW of offshore wind and 10 GW of hydrogen – half of which would be so-called green hydrogen – by 2030. Chr...
Shell Faces $5 Billion Hit For Leaving Russia As Energy Sector Braces For Fallout Of Putin’s Invasion Of Ukraine
Topline British energy giant Shell on Thursday said it expects to take a hit of up to $5 billion in the first quarter of 2022 following its decision to leave Russia, one of the first indications of th...
Warren Buffett’s Berkshire Hathaway Takes 11% Stake in HP
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc. Berkshire Hathaway has accumulated an 11.4% stake worth $4.2 billion in HP Inc. , the maker of personal computers and printers, ...
Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources
Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its c...
Twitter debates the role of renewable energy in Bitcoin mining
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted th...
40% Of Emissions Come From Real Estate; Here’s How The Sector Can Decarbonize
A green building in Milan provides the benefits of cleaner air and lower energy bills to its … [+] residents. Getty Images From rising sea levels that sweep away coastal properties to heatwaves ...
Why U.S. consumers suspect gas price gouging — and how much stations actually profit from a gallon of the fuel
Oil company executives will be on the hot seat Wednesday at a House subcommittee hearing as U.S. consumers across the country allege gasoline price gouging at the pump, where drivers last month paid r...
Wind energy installations must quadruple to hit net-zero goals: GWEC
Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Image Source | Getty Images The wind energy sector had its second best year in 2021 but installations wi...
The Clean Energy Sector Has Turned Bullish Again
After emerging as the hottest sector in the energy universe amid the ESG and clean energy push, renewable energy stocks and funds finally came unstuck in 2021 thanks to steep valuations and massive su...
SunPower Stock Is Upgraded. It Has an ‘Unobstructed Path’ to Growth.
Text size PV Salvador solar plant near El Salvador, in the Atacama Desert, northern Chile. The photovoltaic plant, built by SunPower, a California-based branch of Total, with a maximum output of 70 Me...
Norway’s BTC miners rely 100% on renewable energy
Over the years, there has been intense debate about the energy consumption of Bitcoin mining activities. However, Bitcoin (BTC/USD) supporters have argued that mining the coin could incentivize the re...
Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock
It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...
Norway is Producing 1% of BTC Hash Rate Using Renewable Energy (Report)
According to a recent report from Arcane Research, Norway has become an attractive hub for the Bitcoin mining industry. Not only does the nation produce close to 1% of the global hash rate, but it is ...
These inflation protection funds are on sale
Actual panic about inflation seems to be spiraling upward. But investments that will try to protect us from the ravages of inflation seem to be getting cheaper. Weird, right? Only on Wall Street. But ...