The break was short, very short. Accusations of fraud, stock-market manipulation and illegal practices made by the New York short-seller Hindenburg Research against Adani Group, the conglomerate of I...
Tag: Energy
IOTA promotes sustainable energy consumption with EnergieKnip
IOTA (MIOTA/USD) is helping promote energy savings across the Netherlands and boosting local economies in the process. This is the latest in IOTA news, with developer BlockchainLab Drenthe noting in a...
Why Phillips 66 Is A Top 10 Energy Dividend Stock
Phillips 66 has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ”DividendRank” report. The report noted that among energy com...
Europe Didn’t Escape An Energy Crisis Just Yet
European Commission President Ursula Van Der Leyen. So far, Europe has done better than expected in … [+] dodging a severe energy crisis. Electricity costs are higher. And each country has its o...
Concerns over golden eagles partly prompt the redesign of wind farm
A golden eagle photographed in Scotland. The bird of prey is protected under the U.K.’s Wildlife and Countryside Act 1981. Education Images | Universal Images Group | Getty Images Plans for an o...
Buy Exxon Mobil After Earnings Report? Here’s What the Chart Says.
Shares of Exxon Mobil (XOM) – Get Free Report on Tuesday were trading about 1.5% higher at last check. That’s a reversal from the slightly lower open and from the drop of almost 3% at the...
Struggling Billionaire Gautam Adani Scores Crucial Victory
Billionaire Gautam Adani can catch his breath. For the past week his conglomerate has been rocked by allegations of fraud that threaten its expansion. These accusations are made by the New York inve...
Toyota Retains a Coveted Crown
Regarding electric vehicles, Toyota has plenty more to say. The Japanese automaker is outdistanced by its competitors in the electric vehicle segment. It only recently recognized that its strategy may...
Exxon Earnings Are Coming Tuesday. Why a Record Year May Not Be Enough.
Exxon Mobil is on track to close out its most profitable year ever, with analysts projecting that the company earned $58 billion in 2022. But when the oil giant reports fourth quarter earnings on Tues...
Emeren launches as new name for ReneSola, with unchanged ticker symbol
Emeren Group Ltd. SOL, -4.07% said Monday it’s no longer calling itself ReneSola Ltd. Its new name, Emeren Group, is derived from “empowering renewables,” the company said. Emeren Group’s U.S.-listed ...
Billionaire Gautam Adani Calls on India for Help to Save His Empire
Billionaire Gautam Adani is under siege. Since Jan. 24 Asia’s richest man has faced serious allegations of fraud, money laundering and price manipulation that threaten to take away much of his ...
Who’s Making The Greatest Strides In Renewable Energy? Countries And Companies That Are Getting Closer To Net-Zero Emissions
getty Key takeaways With the world’s climate changing, countries and companies are moving towards net-zero emissions Some smaller countries have achieved net zero, with many more on target to reach th...
BP Cuts Long-Term Oil and Gas Demand Outlook. It’s Good News for Renewables.
BP lowered its long-term oil and gas demand outlook as it said Russia’s war in Ukraine will accelerate the global shift toward renewable energy in a report Monday. In its 2023 energy outlook, the Brit...
Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong ...
Crypto Mining Proves to Stabilize Energy Grids
The prediction of future advancements in energy has been a tricky business for experts. Recent predictions for the year 2050 have shown that some experts were off-base in their predictions. One of the...
Gas Prices Are Rising. Refiner Stocks Are Riding the Wave—for Now.
Gasoline prices have risen 41 cents a gallon in the past month to an average national price of $3.51. Summer driving could be pricier than many expect, though it’s unlikely to be as bad as last year, ...
Biden And Sunak — The Energy Policy Odd Couple
TOPSHOT – US President Joe Biden (R) and British Prime Minister Rishi Sunak hold a meeting on the … [+] sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali, Nov...
2 Natural-Gas Stocks to Play the Coming Rebound
The collapse in natural-gas prices in recent months has generated a fraction of the attention of the run-up of the first half of 2022. But it could dent 2023 profits industrywide—and dampen inflation ...
Going Nuclear: Bitcoin Mining’s Potential Energy Future
Though the prevalence of bitcoin miners using nuclear energy at scale could take years to materialize, several players in the space are bullish on the prospect. Volatility around bitcoin and the...
Energy Sector Predictions For 2023
MOJAVE, CA – NOVEMBER 15: A large array of solar panels, located one hour north of Los Angeles in … [+] Kern County, is viewed on November 15, 2022, near Mojave, California. Due to demand,...
Tesla, ARKK rally as 2021 energy returns to 2023 stock market
A market rally on Friday accentuated by rips higher in some battered and bruised technology stocks that faltered last year are making this year’s price action look a lot like 2021’s rally....
Plug Power Stock Took a Dive. Here’s What Wall Street Thinks.
Shares of hydrogen and fuel cell technology company Plug Power took a hit after the company gave a disappointing update about how 2022 finished off. But Wall Street is still bullish about 2023. Wednes...
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. Adani, 60, saw his fortune jump by more than $40 billio...
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
Natural Gas Prices Are Dropping. What Comes Next.
The price of natural gas fell below $3 per million British Thermal Units for the first time since May 2021 on Wednesday, and it kept dropping on Thursday. It’s a stunning decline for a commodity that ...
China Solar Energy Put Back On Notice By New Congress
Scene from inside a China solar manufacturer. China is the world’s No. 1 producer and exporter of … [+] solar panels and solar cells. Of the top 10 solar companies worldwide, Chinese compa...
Archer Daniels Midland blows past Wall Street’s profit and revenue estimates
Archer Daniels Midland Co. ADM, -1.24% said Thursday its fourth-quarter profit rose to $1.02 billion, or $1.84 a share, from $782 million, or $1.38 a share, in the year-ago quarter. Adjusted earnings ...
These 2 dividend-stock ETFs are more like growth funds in disguise. Can either still work in your income portfolio?
Quality-stock and dividend-focused strategies shined during the market declines of 2022, rebounding from what investors may have found to be disappointing performance during the previous long bull mar...