European Commission President Ursula von der Leyen listens as President Joe Biden speaks about the … [+] Russian invasion of Ukraine, at the U.S. Mission in Brussels, Friday, March 25, 2022, in ...
Tag: Energy
Oil rises after reported strike on Saudi oil facility, with global prices up nearly 12% for the week
Oil futures finished higher on Friday, giving up earlier declines and boosting global prices by nearly 12% for the week, after reports of an attack on an oil facility in Saudi Arabia renewed concerns ...
Gulf Energy to power into blockchain projects and crypto
Crypto has found a new likening in the form of Gulf Energy The company filed documents with the Stock Exchange of Thailand It has also collaborated with the largest crypto exchange-Binance The organi...
White House Seeks Public Commentary On Crypto’s Environmental Impact And Energy Use
White House’s Office of Science and Technology Policy (OSTP) is seeking public comment on the impact of crypto on energy use and the climate. President Joe Biden, in his crypto order, gave the task of...
Oil Will Still Dominate The U.S. Energy Market In 2050
Despite the fact that renewables will be the fastest-growing energy source in the United States over the next three decades, petroleum and natural gas will remain the most-consumed sources of energy i...
3 Top S&P 500 Stock Market Gainers Today: Energy Strong As Moderna, Etsy Skid
Coterra Energy (CTRA), Lumen Technologies (LUMN) and Kinder Morgan (KMI) were the top three S&P 500 index gainers on the stock market today. Moderna (MRNA), Epam Systems (EPAM) and Etsy (ETSY) we...
Nextera Energy Stock One Of Many With Rising Relative Strength
Nextera Energy (NEE) had its Relative Strength (RS) Rating upgraded from 70 to 74 Thursday — a welcome improvement, but still shy of the 80 or higher score you look for. X When looking for the b...
U.S. Government Seeks Public Opinion on Crypto Energy Use
Governments around the world are increasingly concerned about the level of crypto energy consumption, and it is no different with the US government. The President Biden-led administration, through the...
How Putin’s War Made These 3 Fertilizer Producers Hot Stocks
Illustration by Elias Stein Text size Since Russia invaded Ukraine, shares of Saskatoon, Canada’s Nutrien , the Western Hemisphere’s top fertilizer maker, have climbed 37%. The Energy Select Sector SP...
Opinion: What would it take for U.S. oil companies to ramp up production? A lot.
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, frackers show little interest in ramping up output. Companies including Devon Energy DVN, +1.56%, EOG Re...
Ariel Fund Manager Picks Value Stocks in Energy, Finance, More
Value stocks have outperformed growth stocks so far this year, after a decade of lagging behind, and the new trend can continue, says Charlie Bobrinskoy, vice chairman of Ariel Investments and portfol...
Constellation Energy is a safe buy among nuclear energy stocks, Jim Cramer says
Constellation Energy is a safety pick among nuclear energy stocks whose time to shine on Wall Street has finally come, CNBC’s Jim Cramer said Friday. “When the [Federal Reserve’s] ti...
Our Days As An Oil Exporter Are Limited, And So Are Dreams Of Energy Independence
Loren Steffy, UH Energy Scholar PORT ARANSAS, TEXAS – MAY 27: In this aerial drone view from a drone, a petroleum tanker ship passes … [+] through the Aransas Channel from the Gulf of Mexi...
Weekend reads: the slowing housing market and inverted yield curve signal a coming recession
It is human nature to fear missing out as prices skyrocket, But all bubbles burst eventually. Ian Shepherdson of Pantheon Macroeconomics predicts a 25% decline in U.S. home sales. What will that do to...
White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact
In his executive order on crypto issued earlier this month, President Joe Biden tasked the White House’s Office of Science and Technology Policy (OSTP) with preparing a report on the “potential for di...
India’s Russian-Oil Buy: Red Flag or Red Herring?
Desperate times call for desperate measures. The adage may sum up India’s recent decision to buy discounted Russian oil. While it raised eyebrows in the West, the purchase at this time of soaring pric...
Thailand’s Gulf Energy Announces Subsidiary for Overseas Crypto Exposure
Thailand’s Gulf Energy Development Public Company Ltd. dives deeper into crypto investment with its newest subsidiary. A recent filing of documents with the Stock Exchange of Thailand revealed that th...
Russia Considers BTC Payments For Energy Exports
After Ukraine legalized cryptocurrency in the country, Russia is also considering going the same route, by considering BTC payments for its energy exports. After Ukraine, Russia Considers BTC Payment...
Texas Survey Shows Why Oil Producers Aren’t Drilling More
Text size The Federal Reserve Bank of Dallas surveyed 141 oil and gas firms in the 11th Fed District, which includes Texas and parts of New Mexico and Louisiana. Spencer Platt/Getty Images Oil and gas...
BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglom...
Russian energy ministry could accept Bitcoin (BTC) for oil and gas
The energy chief at the Russian Federation, Pavel Zavalny, has announced that the country is considering accepting Bitcoin (BTC/USD) as a payment method to buy oil and gas. However, it would only appl...
Russia’s energy chief says it would accept Bitcoin for oil and gas
The Russian Federation’s energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey. He said th...
U.S. Indicts Russian Government Employees Who Allegedly Conducted Sweeping Hacking Campaign Targeting Energy Infrastructure Worldwide
Topline The Department of Justice unsealed indictments Thursday against four Russian government employees in two separate cases who prosecutors allege engaged in a hacking campaign targeting energy co...
Examining Germany’s Post-Russia Path For Energy Sources
Emily Pickrell, UH Energy Scholar BERNAU, GERMANY – MAY 31: Wind turbines producing electricity spin on May 31, 2021 near Bernau, … [+] Germany. While the number of new installed turbines ...
The Concept Of Scope 3 Greenhouse Gas Emissions, And How To Measure Them For Carbon Management By Fossil Energy And Other Companies. Part 1.
Emissions from petrochemical plant on Teesside, UK. Getty Images There is a growing need for companies to adopt carbon management, meaning to reduce their greenhouse gas (GHG) emissions. Bankers and p...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
Russian lawmaker floats bitcoin as payment option for energy exports as the country moves away from euros and dollars
A senior lawmaker in Russia’s State Duma has expressed openness to selling the country’s energy in Bitcoin, following major moves away from the dollar and euro. Pavel Zavalny, who heads th...
Russia Could Sell Gas for Bitcoin, Says Energy Committee Chief
Key Takeaways Top Russian energy official Pavel Zavalny has said that Russia is open to accepting Bitcoin payments for energy exports. Zavalny also said that the country has lost all interest in energ...
Wait, There Are Americans Happy About High Gas Prices?
Drivers in the United States and around the world are experiencing unprecedented gasoline price increases. Nationwide, the average price for a gallon of regular gas Tuesday was $4.242, according to da...
Signs Start to Emerge That High Energy Prices Are Sapping Demand
Text size Vehicles heading east out of Los Angeles. Vehicle miles traveled in California are starting to flatten out as gasoline prices remain high. Frederic J. Brown/AFP via Getty Images Oil prices h...