Ethereum 2.0 Coming in Q2, ‘Will Lay to Rest’ Energy Concerns: Joe Lubin

ConsenSys CEO and Ethereum co-founder Joe Lubin is still confident that the next era of Ethereum will arrive within the next few months.  In an interview with Decrypt last December in Miami, Lubin pre...

Berkshire Hathaway Stock Sets a Record. Buffett Can Thank Occidental, Not Apple.

Text size Shares of Berkshire Hathaway, led by Warren Buffett, hit an all-time high. Paul Morigi/Getty Images for Fortune/Time Inc The Sage of Omaha just can’t keep his hands off Occidental Petroleum ...

A Food Crisis Is Looming. This Fertilizer Stock Stands to Gain.

Text size The invasion of Ukraine could be one of the most disruptive events in the food and agricultural supply chain in decades. Louai Beshara/AFP via Getty Images Russia’s invasion of Ukraine, its ...

Target’s solar panel carports at California store may be a green model

Target has added carport canopies with solar panels to power one of its California stores with renewable energy. The retailer said it will test the approach and may expand it to other locations. Targe...

Tesla, EV Stock Valuations Make No Sense. Time to Recalibrate.

Text size A man plugs in his electric vehicle for charging Jacques Demarthon/AFP via Getty Images Wild trading, due to a plethora of issues, has made it nearly impossible to track valuation of electri...

Could A World Crisis Propel Us Into A New Era Of Energy?

Grafenrheinfeld nuclear power plant as electricity pylons stand before it (Photo by Sean … [+] Gallup/Getty Images) Getty Images “There are decades where nothing happens; and there are weeks whe...

Oil prices hold below $100 a barrel as U.S. supplies rise, demand destruction concerns emerge

Oil futures settled lower Wednesday, with U.S. and global benchmark prices holding below the $100 mark, after U.S. government data revealed the first rise in domestic crude supplies in three weeks, an...

Remember the stock market before the war in Ukraine? JP Morgan says negativity is overblown, offers 4 hedges

“Markets appear to have been trafficking in an odd mix of hope, fear and uncertainty.” That was Mizuho Bank, summing up the state of play for markets since Russia’s invasion of Ukraine nearly three we...

Berkshire Hathaway Again Boosts Its Stake in Occidental Petroleum

Text size Berkshire Hathaway CEO Warren Buffett Saul Loeb/AFP via Getty Images Berkshire Hathaway continued to add to its large stake in Occidental Petroleum in recent days and now holds a $7.2 billio...

Oil Market Rollercoaster Continues To Cause Economic Pain

WASHINGTON, DC: White House Press Secretary Jen Psaki speaks during a White House daily news … [+] briefing at the James S. Brady Press Briefing Room of the White House in Washington, DC. (Photo...

Green Energy: A solution to Huge Mining Energy Consumption? 

Study shows that Bitcoin mining accounts for 0.19% of a carbon footprint on a global level. Bitcoin mining energy consumption has always been a topic of discussion for environment lovers, and it incre...

Hydrogen-powered train a step closer to passenger service in Germany

A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria to...

Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says

Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “Th...

China’s Intervention Sends Stocks Soaring. Powell’s Unlikely to Make That Big a Splash.

The Chinese government just had the sort of impact on markets that the Federal Reserve can only dream about. In fairness to the Fed, it hasn’t spent the best part of a year undermining the stock marke...

Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales

Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global pet...

U.K. Must ‘Double Down’ On Green Energy To Weaken Putin

In light of Russia’s invasion of Ukraine, U.K. Prime Minister Boris Johnson has penned an article … [+] calling for a revised British energy strategy with green energy “at the heart....

VW and Goldman Sachs-backed Northvolt plans German gigafactory

A lithium-ion prismatic cell battery from Northvolt, photographed on Feb. 17, 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt said Tuesday it would look to build a gigafactory in Germany, wi...

Constellation Energy Is a Buy at Goldman Sachs. Here’s Why.

Text size Constellation is one of the largest carbon-free energy generators in the country, relying on a mix of hydro, wind, solar, and nuclear energy. Sean Gallup/Getty Images Shares of Constellation...

Oil suffers ‘spectacular’ collapse, falls into bear market territory just 5 days after settling at nearly 14-year highs

U.S. and global benchmark crude oil entered bear market territory on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad R...

Oil Prices Tumble Below $100 and Keep Falling. Here’s Why.

Text size U.S. oil prices fell more than 6% early Tuesday, to below $97 a barrel. Spencer Platt/Getty Images Oil prices extended their slump on Tuesday as West Texas Intermediate crude futures fell be...

Oil drops again, now more than 27% below recent high

Oil rigs work on platforms in Gaoyu Lake in Gaoyou in east China’s Jiangsu province Friday, Sept. 17, 2021. Barcroft Media | Getty Images Oil registered heavy losses Tuesday, building on Monday&...

Bitcoin’s global carbon footprint accounts for 0.19%, is green energy the solution?

According to a study run by Bankless Times, the carbon footprint created by Bitcoin mining globally accounts for 0.19%, which is the same amount the Czech Republic emits as an entire country. Data col...

Opinion: Ukraine War Likely Has Triggered Lasting Bear Market

If historical precedent offers any guidance, the currently high valuations of the S&P 500, which remain elevated even after recent declines, mean that a prolonged bear market is likely in the near...

Ford says it will ramp up EV offering in Europe

A Ford facility in Cologne, Germany, photographed in February 2021. Oliver Berg | AFP | Getty Images Ford has laid out plans to roll out three new passenger electric vehicles and four new commercial E...

Warren Buffett’s Berkshire Hathaway Now Holds $6.9 Billion of Occidental Petroleum After Recent Buys

Text size Berkshire Hathaway CEO Warren Buffett. Saul Loeb/AFP via Getty Images Berkshire Hathaway continued its aggressive purchases of the shares of Occidental Petroleum this week, lifting its stake...

Hang Seng slumps 3% over COVID lockdown worries, oil falls as Russian attacks in Ukraine intensify

BANGKOK (AP) — Stocks were mixed in Asia and oil prices fell Monday as uncertainty over the war in Ukraine and persistently high inflation kept investors guessing about what lies ahead. Tokyo and Sydn...

GE Builds 350-Ton Turbines at Its Power Facilities. Here’s What We Found on a Tour.

Text size 7HA.03 gas turbine in GE’s Greenville, S.C., factory. Courtesy GE Power General Electric led a tour of one of its South Carolina gas power facilities as part of its Investor Day on Thursday—...

Norway’s Central Bank Sells Apple Stock. It Bought Nvidia, Plug Power, and NIO.

Text size The iPhone 13 displayed at the Fifth Avenue Apple Store Spencer Platt/Getty Images Norway’s central bank recently trimmed its exposure to iPhones, and increased investments in the ecosystem ...

Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures

Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from t...

‘Immediate Risk’ Of Putin Nuclear Power Plant Plot, Says Ukraine Energy CEO Pleading For No-Fly Zone

DTEK CEO Maxim Timchenko at a conference in Kyiv, October 2021. Future Publishing via Getty Images For CEO Maxim Timchenko, the war started on February 22 when shells exploded at a coal-burning power ...

Insiders debate how to secure America’s energy future at CERAWeek

Attendees during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022. F. Carter Smith | Bloomberg | Getty Images The annual CERAWeek by S&P Global e...

Oil Prices Are Slipping Again. Expect Volatility in Crude to Continue.

Text size Oil prices were on a tear long before Russia invaded Ukraine, but have since marched higher. Mario Tama/Getty Images Oil’s bounce back from its largest decline in two years failed as crude p...