Text size A hazardous radiation warning sign is displayed at the reactor building of the Exelon Peach Bottom Atomic Power Station in Delta Pennsylvania. Melissa Lyttle/Bloomberg The price of Exelon st...
Tag: Energy
PepsiCo to launch hemp seed-infused drink under Rockstar Energy
PepsiCo’s Rockstar Unplugged, infused with hemp seed Source: Pepsico PepsiCo’s latest drink from Rockstar Energy wants to help consumers chill out. Infused with hemp seed oil, spearmint, l...
Microsoft, Shell invest in LanzaJet, sustainable jet fuel start-up
The LanzaJet Freedom Pines Fuels plant in Soperton, Ga., is expected to begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol in 2023. Photo courtesy LanzaJe...
California officials warn state could face third consecutive dry year
In an aerial view, dry cracked earth is visible at Nicasio Reservoir on June 16, 2021 in Nicasio, California. Justin Sullivan | Getty Images California water officials warned on Tuesday that the state...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Exxon Remakes Corporate Structure Ahead of Tuesday Earnings
Text size Exxon Mobil is moving its headquarters. Spencer Platt/Getty Images Exxon Mobil is remaking its corporate structure, elevating its low-carbon operations to its own division, and even moving i...
Bears beware. Past corrections for the S&P 500 are only 15% on average, outside of recessions
Even after a rough January for Wall Street, it might take the U.S. economy slipping into a recession before the S&P 500 index risks entering a bear market, according to Oxford Economics. “Equities...
Philippines’ Ayala Corp. Unit, Partner To Invest $220 Million In Indian Solar Energy Project
Workers construct part of a solar farm in India. NARINDER NANU/AFP via Getty Images AC Energy—a unit of billionaire Jaime Zobel de Ayala’s Ayala Corp.—and partner UPC Solar Asia Pacific are investing ...
Opinion: AT&T and 4 more unloved dividend stocks to buy in a ‘risk-off’ era
With stocks off to one of their worst starts to the year since the 2008-2009 financial crisis, it’s no longer crazy to talk about a sustained period of market volatility or a prolonged “risk off” envi...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Mining Bitcoin News
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...
Biden helping states plug orphan oil gas wells, cut methane emissions
Oil pumpjacks operate in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration on Monday announced it will send $1.15 billion to st...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
‘No one is above the law’: Oil tycoon tried to stiff his ex-wife in a bitter divorce — now he’s going to prison for tax evasion
Todd Kozel made his riches in the oil fields of Kurdistan and now will have to pay the price. The once-jet-setting co-founder and chief executive of Gulf Keystone Petroleum is headed to prison for fiv...
Comcast, Chevron, and 7 More Companies That Just Boosted Their Stock Dividends
Text size Comcast raised its dividend this week. Jeff Fusco/Getty Images for Comcast Chevron , Comcast , and Kimberly-Clark were among the many U.S. companies that declared dividend increases this wee...
What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance
Federal Reserve Chairman Jerome Powell fired a warning shot across Wall Street last week, telling investors the time has come for financial markets to stand on their own feet, while he works to tame i...
Powerledger is revolutionizing the world of energy
Powerledger (POWR) is indeed a technology company that brings the software to a sustainable decentralized and distributed energy market. The company develops software to achieve its goal of having a v...
“Putin Created This Crisis, And Only Putin Can End It” — Military Expert
An Ukrainian serviceman patrols at the checkpoint in the village of Shyrokyne near Mariupol, the … [+] last large city in eastern Ukraine controlled by Kiev on April 26, 2021. – With weapo...
Apple, Lockheed Martin, Walgreens Boots Alliance, Franco-Nevada, CMS Energy
Apple® today announced financial results for its fiscal 2022 first quarter ended December 25, 2021. The Company posted an all-time revenue record of $123.9 billion, up 11 percent year over year, and q...
One of planet’s largest electrolyzers up and running
Animaflora | iStock | Getty Images A 20 megawatt hydrogen electrolyzer described as “one of the world’s largest” has begun operations, energy major Shell said Friday. Located in Zhan...
California in transformational moment to fight climate change
California Governor Gavin Newsom on Thursday said the state’s in a “transformational moment” to shift away from fossil fuels, as climate change continues to fuel devastating wildfire...
Senator Warren Targets 6 More Crypto Miners for Their Energy Use
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 ...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
US wave energy projects get funding boost as plans for open-water testing take shape
lindsay_imagery | E+ | Getty Images The U.S. Department of Energy has announced $25 million in funding for eight projects focused on wave energy technologies. The DOE said the projects will be based o...
Los Angeles bans new oil and gas wells, will phase out old ones
A view of the Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California, April 25, 2020. Robyn Beck | AFP | Getty Images The Los Angeles City Council on Wednesday voted to ban new oil...
Capstone Green energy enters an agreement: Step forward towards cleaner future
Capstone Green energy plans to provide 4 Mw of energy to a cryptocurrency mining operation, recently came into a rental agreement. MIning operations need high energy requirements which will be facilit...
Wind energy faces tough 2022 as supply chain issues persist: Vestas
Vestas wind turbines photographed in North Rhine-Westphalia, Germany, on 19 September, 2021. Horst Galuschka | picture alliance | Getty Images The wind energy sector faces a rocky road ahead due to a ...
Another Bitcoin Blow As 2nd Largest Crypto Mining Nation, Kazakhstan Cuts Off Mining Energy Supply Till February ⋆ ZyCrypto
Advertisement     Kazakhstan officially shuts down energy for Bitcoin miners till February. The oil-rich nation is struggling to keep up with energy demands as BTC has...
Plans for floating wind energy projects off U.K.’s coastline get funding boost
This image, from 2018, shows a floating wind turbine in waters off the coast of France. SEBASTIEN SALOM GOMIS | AFP | Getty Images Eleven projects centered around floating wind technology are a step c...
Cash-Rich Energy Transfer Set for Highest Return in Sector
(Bloomberg) — A cash bonanza may help Energy Transfer LP deliver the highest return among major U.S. oil and natural gas pipeline operators. Most Read from Bloomberg The company owned by billion...
McKinsey calculates capital spending required to reach net-zero by 2050
A wind farm shares space with corn fields in Latimer, Iowa, U.S. Jonathan Ernst | Reuters As the world grapples with a worsening climate change crisis, governments and companies are pledging to achiev...
With Chevron Stock Near Record Highs, Analysts Are Divided
Text size A Chevron petroleum storage tank in Fort Lauderdale, Fla. The oil giant missed analysts’ earnings estimates when it reported fourth-quarter results on Friday. Joe Raedle/Getty Images C...