Wall Street has been treated to intense volatility in the period since Moscow launched its invasion of Ukraine, with tough sanctions on Russia—a major producer of critical commodities—sending the mark...
Tag: Energy
Energy Firms Pay Record Prices to Buy Own Shares as Oil Booms
(Bloomberg) — Energy stocks are on a roll as soaring oil prices push them to record highs. So what are the companies doing with the windfalls? Buying back their shares. Most Read from Bloomberg ...
Europe’s ocean energy installations surge back to pre-Covid levels
An overhead view of a tidal turbine from Orbital Marine Power on September 6, 2021. William Edwards | AFP | Getty Images European installations of tidal and wave energy capacity jumped in 2021, as the...
Could The Russian Oil Ban Turn The World Toward Renewable Energy?
Getty Images Key Takeaways The EU may not be in a position to follow suit on President Joe Biden’s ban on Russian oil imports The world, at large, has growing opportunities to turn to clean tech On Tu...
The US Bans Russian Energy Imports – Symbolically
A man rides a bicycle in front of a damaged by shelling apartment building in Mariupol, Ukraine, … [+] Wednesday, March 9, 2022. A Russian attack has severely damaged a maternity hospital in the...
It’s the Beginning of the End for Russian Gas in Europe. These Stocks Should Benefit.
The Batajnica gas storage facility, operated by Transportgas, in Batajnica, Serbia. The European Union is planning to cut Russian natural gas imports. Oliver Bunic/Bloomberg Text size The 27-member Eu...
Britain resurfaces huge tidal energy plan amid Ukraine crisis
An aerial shot of the Severn Estuary from 2010. Jamie Cooper | Sspl | Getty Images An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of wate...
5 charts show the stages of global economic recovery since Covid hit
Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images Oil prices plunged, travel came to a halt and unemployment rates spiked when the corona...
Granholm Says Biden Administration Committed to Working with Energy Industry
HOUSTON–Energy Secretary Jennifer Granholm said Wednesday the Biden administration is committed to working with the oil-and-gas industry to ease a brewing energy crisis, although she stopped sho...
Is a Costco Membership Worth It Just for Gas?
If there’s anything that gets our hackles up, it’s stopping at the local gas station to fill up our tanks and seeing gas prices at a cringeworthy new high. But that’s just the case a...
Good News! This step will solve Crypto Energy Consumption concerns
Along with numerous effects of cryptocurrencies, it has environmental concerns in form of heat generation and energy consumption in mining Well, it seems like the environmental effects of crypto minin...
Russia Says It Has Enough Energy Buyers Even With Sanctions
(Bloomberg) — Russia has enough buyers for its oil and gas even as Western nations and their allies impose sanctions in response to the invasion of Ukraine, according to a top Kremlin official. ...
Why Biden’s Killing Of Keystone XL Was A Big Energy Blunder
WASHINGTON, DC – FEBRUARY 03: White House Press Secretary Jen Psaki talks to reporters during a news … [+] conference in the Brady Press Briefing Room at the White House. (Photo by Chip So...
Bitcoin mining will lead to energy independence
According to Anthony Pompliano, Bitcoin mining, using Proof-of-Work, will lead to energy independence. Proof-of-work mining will drive energy independence. — Pomp ? (@APompliano) March 9, 2022 Bitcoi...
What Biden Doesn’t Get Regarding Energy
In announcing that the U.S. would be banning Russian oil imports, President Biden declared that the war in Ukraine showed that we need to achieve energy independence (which we had before he took offic...
Frackers Say Bottlenecks Impede Output Boost as Oil Prices Soar
American shale drillers say there are limits to how much and how quickly they can boost shaky oil supplies following Russia’s invasion of Ukraine, cautioning that supply-chain issues, investors wary o...
These Energy Stocks Are Surging As Oil And Gas Prices Keep Climbing With No Relief In Sight
Topline While Russia’s invasion of Ukraine sparked a surge in oil prices that has roiled markets, energy stocks like Occidental Petroleum, Chevron and Exxon Mobil have widely outperformed the rest of ...
What Is Energy Independence?
Lone pumpjack located in the middle of large solar array outside of Bakersfield, Kern County, … [+] California, USA. (Photo by: Citizen of the Planet/UCG/Universal Images Group via Getty Images)...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
Retail traders pile into energy stocks
Retail traders aren’t just buying the dips on popular names like Tesla (TSLA) and Apple (AAPL). They’re also riding the upward wave on energy stocks — especially small US companies in Texas. Nine Ener...
Energy Crisis Puts Green Hydrogen in the Spotlight
The US and its allies are still grappling with how to deal with Russia following its invasion of Ukraine. Given the West’s dependence on Russian crude oil and natural gas, Canaccord analyst Jed Dorshe...
The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?
Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...
12 dividend stocks paying at least 3.5% that are well-suited for high inflation
Investors may have turned for a moment from Russia’s aggression in Ukraine to energy and supply shortages in the U.S. that are producing high inflation. With purchasing power crumbling, patient invest...