Global supply-chain constraints have led to worldwide shortages, abnormal weather is hurting crop yields in major agricultural regions, and inflation has made real assets like commodities an attractiv...
Tag: Energy
Carl Icahn Slashes Stake in Occidental Petroleum
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities....
The Worst Is Yet to Come for Russia’s Economy. 50-50 Odds on a Russian Bond Default.
The Kasimovskoye underground gas storage facility, operated by Gazprom, in Kasimov, Russia. Russia is under unprecedented sanctions from much of the global economy. Andrey Rudakov/Bloomberg Text size ...
Jim Cramer says Devon Energy is insurance against geopolitical chaos
Investors who want to a stock to guard against global uncertainty in light of the Russia-Ukraine war should look to Devon Energy, CNBC’s Jim Cramer said Friday. The “Mad Money” host&...
Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s – Coinotizia
While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U...
Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s – Economics Bitcoin News
While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U...
Ex-Unilever CEO namechecks Tesla, says firms should focus on long term
The ex-CEO of British consumer goods giant Unilever has shared his view on how businesses should operate in the years ahead, namechecking Elon Musk’s Tesla, Danish energy firm Orsted and Beyond ...
Does Lukoil Use Russian Oil? Americans Are Boycotting Gas Stations.
Text size A petrol tanker delivers fuel stores to a Lukoil gas station. Oliver Bunic/Bloomberg First, it was vodka. Now it’s gas stations. Americans are calling for the boycott of some of Russia’s bes...
Biden Called to Unleash Shale to Counter Deepening Energy Crisis
(Bloomberg) — The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale. Mo...
There should be no new gas supply contracts with Russia: IEA
A Gazprom logo photographed in Russia on Jan. 28, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union should not enter into any new gas supply contracts with Russia, in order to lower i...
U.S. stock futures sink as Russia attacks Ukraine’s largest nuclear plant
U.S. stock-index futures tumbled late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disast...
Genesis Digital Plans a 100% Clean Energy Mining Center in Sweden
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Energy Abundance Is Possible And Europe Shows Us Why It Is Necessary
Fuel prices at an Exxon Mobil gas station in Boston, Massachusetts, U.S., on Tuesday, March 1, 2022. … [+] Democratic efforts to define the party’s energy policies are facing mounting pres...
On SWIFT Sanctions, Biden And His Allies Walk A Tightrope Between Punishing Putin And Hurting Themselves
President Joe Biden and European allies are looking to punish Russian President Vladimir Putin for … [+] his invasion of Ukraine through harsh economic sanctions. Getty Images The SWIFT sanction...
Six Dividend Stocks For Sleeping Well At Night During Turbulent Times
Through bull markets and bear markets since 1900, stocks have provided historical returns of about 10% a year, far better than other asset classes like bonds, commodities, and bank savings accounts. L...
Stagflation Is Coming. What You Need to Know.
There is no question that Russia’s invasion of Ukraine is going to push inflation higher, given the amount of energy and food commodities produced by the region and the responses by countries and comp...
Ryanair CEO says greater Western oil production ‘hits Russia hardest’
Ryanair Group CEO Michael O’Leary delivers remarks during a press conference in Lux Lisboa Park Hotel. Horacio Villalobos | Corbis News | Getty Images The chief executive of budget airline Ryana...
Coterra CEO says it was an easy decision to start buyback, and the energy firm can sustain it
Coterra Energy CEO Thomas Jorden told CNBC’s Jim Cramer on Tuesday the oil and gas firm is confident in its decision to start buying back stock. Houston-based Coterra — the result of Cabot Oil &...
3 energy stocks with huge potential as crude oil prices goes parabolic
Crude oil and natural gas prices have rallied sharply in the past few months. On Tuesday, Brent soared to more than $105 for the first time in over 7 years. As a result, the Vanguard Energy ETF has so...
Why Does the U.S. Buy Russian Oil?
The fracking boom made America the world’s biggest oil producer a few years ago, but the U.S. still imports millions of barrels each day from other parts of the world, including Russia. Here is a look...
Buy This Energy Stock Leader At 6% Discount
Energy stocks have been on a tear this year and Exxon Mobil (XOM) has been one of the leading stocks in the sector. After working off overbought conditions, XOM stock could be setting up for a new ral...
The Ukraine Crisis Is A Wake-Up Call For Energy Security
23 February 2022, Netherlands, Rotterdam: The LNG tanker BW Pavilion Aranda is moored at the pier in … [+] the port of Rotterdam. Photo: Federico Gambarini/dpa (Photo by Federico Gambarini/pictu...
sanctions should include Russia’s energy sector
The iShares MSCI Russia ETF (ERUS) is down another 10% on Tuesday after payments giants Mastercard and Visa barred a list of Russian financial institutions from their networks. The announcement compli...
Energy Transfer’s stock gains after deal to sell majority stake in Energy Transfer Canada
Shares of Energy Transfer L.P. ET, +3.58% rose 0.8% in premarket trading Tuesday, after the provider of natural gas pipeline transportation services said it agreed to sell its 51% stake in Energy Tran...
Will Soaring Energy Prices Help Marathon Oil?
Marathon Oil shares, which more than doubled last year, is expected to remain well supported, thanks to surging energy prices and a recovery in demand, but it is yet to reach the highs recorded in 201...
Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings
Text size Plug Power said it is on track to achieve its goal of $3 billion in revenue in 2025. Dreamstime Shares of Plug Power were rising in late trading as investors expressed cautious optimism over...