ConocoPhillips – one of the biggest producers of oil and gas in the world – is entering the crypto mining space. The company announced early last week that it is heading a bitcoin mining pilot project...
Tag: Energy
RWE, Tata Power to scope offshore wind projects in India
This image shows onshore wind turbines in Gujarat, India. Shiv Mer | Istock | Getty Images German energy giant RWE and India’s Tata Power on Monday announced a collaboration that will focus on d...
Speed up renewables investment to guarantee energy independence: CEO
The CEO of Portuguese utility EDP has linked the rapid adoption of renewables to Europe’s energy independence, telling CNBC that investment in the sector needed to be “much faster.” ...
What “Energy Independence” Really Means For The U.S.
Since the days of President Jimmy Carter and the 1970s oil crisis, the United States has relentlessly pursued the utopia of energy independence. Indeed, energy independence is a worthy pursuit that bo...
BuyTheBroncos DAO aims to raise $4 billion to buy Denver Broncos
DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using a decentralized autonomous organization, or DAO, to make it their own. You ...
Europe Looks Beyond Russia for Natural Gas. These Companies May Benefit.
The European Union will look to cuts it dependence on Russian natural gas. Andrey Rudakov/Bloomberg Text size It takes a brave investor to bet on the outcome of Vladimir Putin’s saber rattling around ...
Texas led the country in new renewable energy projects last year
Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested Texas residen...
Want to take advantage of surging oil prices? 3 energy stocks to consider
When Covid 19 restrictions hit hard in 2020, the markets were on free fall. But more so, oil saw a sharp decline, at one point hitting negative figures. But as most economies have rebounded, oil has s...
4 Energy Storage Solutions That Will Help The Planet Achieve Net Zero
By Katharine Rooney Energy storage is expected to play a critical role in decarbonization, such as having green hydrogen at the ready, stored in deep underground salt caverns. Shutterstock In its rece...
Airbus CEO says hydrogen plane is ‘the ultimate solution’
A model of one of Airbus’ ZEROe concept aircraft displayed in Hamburg, Germany, on 18 January 2022. Marcus Brandt/dpa | picture alliance | Getty Images Aviation could face substantial challenges...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Coinotizia
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high ener...
Green hydrogen demo that will use offshore wind planned for North Sea
No-Mad | iStock | Getty Images German power firm RWE has signed an agreement with Neptune Energy to develop a green hydrogen demonstration project in the Dutch North Sea, targeting an electrolyzer cap...
Chevron Added As Top 10 Energy Dividend Stock With 4.16% Yield
Chevron 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 compani...
How Oil Could Hit $150. It’s Not Just About Russia.
Text size West Texas intermediate crude oil was trading near $94 a barrel on Monday. Spencer Platt/Getty Images By one measure, oil prices could rise to $150 a barrel this year, which would be the hig...
TP ICAP Launches Energy Broker Platform in Brazil
TP ICAP group, a global investment firm with a pivotal role in the world’s financial, energy and commodities markets, announced today that it has launched its energy broking business in Brazil. ...
Oil Is Fashionable Again In The Banking World
FILE – Executive Director of the International Energy Agency Fatih Birol speaks Wednesday, Nov. 13, … [+] 2019 in Paris. The head of the International Energy Agency has blamed Russia for m...
Preventing an Energy Crisis Through Blockchain
Nothing has shaped modern human life on this planet more than electricity. It powers our homes, our appliances, our heating and cooling systems, our electronics, our computers, our phones and the inte...
Flooded, disused coal mines could change how our homes are heated
LONDON — The ramifications of the Industrial Revolution, which had its roots in 18th-century Britain, were huge. Britain’s abundance of coal — as well as the ease with which it could be accessed...
Biden’s Empty Promise To ‘Work Like The Devil’ On Gas Prices
President Joe Biden departs, followed by German Chancellor Olaf Scholz after a news conference in … [+] the East Room of the White House, Monday, Feb. 7, 2022, in Washington. (AP Photo/Alex Bran...
The Norwegian Bitcoin Mine That Uses Green Energy And Dries Wood As A By-Product
Another day, another bitcoin mine that uses green energy to operate. We have to highlight these initiatives to show how bitcoin and green energy are a complete match. They’re not at odds with each oth...
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
7 Energy Stocks That Shorts Are Betting Against
Text size Workers at a CNX Resources site in Pennsylvania in September. Justin Merriman/Bloomberg Short selling most energy stocks has been a losing bet for the past year and a half. Even companies th...
Dominion Energy announces fourth-quarter results
Dominion Energy (NYSE: D) recorded $0.09 EPS in the fourth quarter, missing the $0.92 analyst estimate by two cents. The company’s $3.88 billion in revenue it recorded in the fourth quarter was also b...
Sustainable aviation fuel costs more but consumers willing to pay: IATA
Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the di...
Blockdaemon to operate node for blockchain energy infrastructure system Energy Web » CryptoNinjas
Blockdaemon, an independent blockchain infrastructure platform & staking-as-a-service provider, today announced a new partnership with Energy Web, a global nonprofit organization building operatin...
Twitter CEO Agrawal Sees ‘Incredible Amount of Developer Energy’ in Web3
Newly minted Twitter CEO Parag Agrawal spoke about Web3 on today’s Twitter Q4 earnings call, Agrawal’s first earnings call as CEO since he took over for the outgoing Jack Dorsey at the end...
What the threat of a Russian invasion of Ukraine means for markets
Fears of a Russian invasion of Ukraine are keeping investors on edge. President Joe Biden on Friday said he believed Russian leader Vladimir Putin had made up his mind to invade in coming days but tha...