The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address ...
Tag: Gas
Bullish Signals For Oil, But Not For Natural Gas
MIDLAND, TEXAS – MARCH 12: Workers place pipe into the ground on an oil drilling rig set up in the … [+] Permian Basin oil field on March 12, 2022 in Midland, Texas. President Joe Biden im...
Greener Gas Plants, Glass Onion’s Hydrogen Goof And The High Cost Of Disasters
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. This combined cycle gas plant produces po...
Exxon Mobil Stock Should Shine, Even in a Recession
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Polygon plans Jan. 17 hard fork to reduce gas fees
Ethereum (ETH) Layer-2 network Polygon (MATIC) proposed a hard fork on Jan. 17 to reduce gas spikes and address chain reorganizations by changing the BaseFeeChangeDenominator, according to a Jan. 12 s...
ConocoPhillips in Talks to Sell Venezuelan Oil in U.S. to Recover Billions It Is Owed
ConocoPhillips, which abandoned Venezuela after its assets were nationalized in 2007, is now open to a deal to sell the country’s oil in the U.S. as a way to recover the close to $10 billion it is owe...
Polygon eyes hard fork in January to address reorgs and gas fee spikes: Exclusive
The developers at Polygon PoS blockchain proposed the launch of a hard fork software upgrade to address gas spikes and enhance the security of blocks on the sidechain network. The upgrade, prop...
Is Biden Administration Really Going To Ban Gas Stoves? Here Are The Claims
U.S. Consumer Product Safety Commission (CPSC) Commissioner Richard Trumka Jr., referred to indoor … [+] air pollutants from gas stoves as “a hidden hazard.” (Photo: Getty) getty Well, that lit ...
Gas Stove Prohibition Movement That Began In Progressive Cities Goes To Washington
State lawmakers have responded to local gas stove bans with legislation preempting them. The White … [+] House now says a national gas stove prohibition is under consideration. getty A White Hou...
The Post-Everything Energy Market
One of the most puzzling aspects of oil market analysis (and policy making more generally) concerns the frequent tendency to assume that short-term and transient developments represent the ‘new normal...
Lula Team Wants to Halt Petrobras Sale of Natural Gas Assets
(Bloomberg) — Brazil’s state-controlled oil giant Petrobras should abandon planned divestments in refining and natural gas and expand in those areas instead, according to a detailed report from ...
Natural Gas Prices Are Coming Down. What to Expect for Energy Stocks.
The good news is that energy prices are coming down for households. The bad news is that energy stocks are feeling the pain. The best-performing sector in the stock market last year is finding itself ...
BP and Shell vs. Exxon and Chevron: The Mystery of Big Oil’s P/E Gap
Last year, global oil companies boomed. BP and Shell both based in London, saw share prices rise some 40% in 2022 and trade at five times forward earnings. U.S.-based Exxon Mobil soared nearly 80% and...
Shell to Pay $2 Billion in Windfall Taxes. Why the Stock Is Rising.
Shell Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the fourth quarter, but still sees strong earnings from natural gas trading for the period....
10 Biggest Canadian Oil & Gas Companies
The Canadian Oil and Gas Industry The oil and gas industry in Canada, as in other regions, is generally divided into three main segments: upstream, midstream, and downstream. Upstream companies engage...
Ruble forecast as natural gas prices tumble
The USD/RUB exchange rate drifted upwards as natural gas prices tumbled. The Russian ruble dropped to a low of 73.40, the lowest level since April 2022. It has crashed by more than 41% from the highe...
December 2022 – Ethereum Gas Price Decreased by 19.16%
HodlX Guest Post Submit Your Post Key data Average Ethereum gas price decreased by 19.16% in December. The number of ERC-20 tokens created in the Ethereum network in December increased by 3.66%. Av...
Fantom developers to receive up to 15% as revenue from gas monetization
Layer 1 blockchain Fantom has received governance approval to allocate up to 15% of its transaction fees as revenue for developers building on the network. Currently, about 70% of transaction fees gen...
Quantum Private Equity Scores Again, With Rumored $4.6B Sale Of U.S. Shale Gas Reserves To Japan
Drilling for gas in the Marcellus shale. AFP via Getty Images New year, new deals for $19 billion private equity shop Quantum Energy Partners and CEO Wil VanLoh. Last month Quantum portfolio company T...
Chesapeake Energy stock has upside despite falling natural gas prices
Natural gas prices have tanked sharply to around $3.75 in less than a month. Still, Chesapeake Energy Corporation (NASDAQ: CHK) CEO does not expect that to be a threat for his company. Price of natura...
Terra Classic Community Considers 5x Increase In Gas Fees
– Advertisement – The proposal aims to increase funds sent to the community pool to fund development. The Terra Classic community has begun voting on Proposal 11243, which seeks to increas...
Exxon Says Natural Gas Decline Weighed on Fourth-Quarter Profit
(Bloomberg) — Exxon Mobil Corp., the largest US oil company, said lower oil and natural gas prices had a negative impact on fourth-quarter earnings of about $3.7 billion compared with the preced...
Charts suggest oil, natural gas and wheat could be due for a ‘boom,’ Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that certain commodities could make a comeback soon. “The charts, as interpreted by Carley Garner, tell us that the boom and bust cycle in commodities nev...
Optimism Edges Other L2s In Gas Efficiency, Despite Loss In TVL, Revenue
Optimism (OP) has opened the year on an optimistic note as it enjoys a bull run. On the flip side, it has suffered sluggishness in terms of total value locked (TVL). Here’s a quick snapshot of Optimis...
Natural Gas Prices Are Plunging On a Warmer Start to Winter
(Bloomberg) — A warmer-than-expected start to winter in large parts of the world that could linger for weeks — especially across the US — is easing fears of a natural gas crisis that had been pr...
BP and Shell Are a Buy in 2023. Why They’re Cheaper Than U.S. Oil Giants.
It was a great year for oil companies such as Exxon Chevron Shell and BP But the giants of European energy are still trading at significantly lower valuations than their American counterparts, which m...
3 Oil & Gas Royalty Trusts With Exceptionally High Yields
Oil and gas trusts are among the highest-yielding stocks in the stock market, making them attractive candidates for income investors. On the other hand, in contrast to the well-known oil majors, such ...
ENS: Why are users shunning .eth registration despite lower gas fees on ETH?
Name registration on Ethereum Name Service [ENS] was at its lowest point in 2022. Revenue declined severely during the year. According to on-chain analytics platform Dune Analytics, Ethereum Name Serv...
Biden Effort To Cap Gas Flaring Hangs On 15 Little Words
A gas flare burns at an oil well site outside Williston, North Dakota. Gas flares are created when … [+] excess flammable gases are released by pressure release valves during the drilling for oi...
Exxon, Diamondback, and Coterra Stock Could Continue to Rally
U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...