Environment Oil just hit its highest level of the year — and some analysts expect a return to $100 before 2024 September 15, 2023 admin In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Brandon Bell | Getty Images News | Getty Images…
Environment Oil prices are at 10-month highs. Here’s what Cramer thinks it means for two energy stocks September 13, 2023 admin Oil prices are hovering around 10-month highs, as a stout summer rally extends into the fall and delivers additional gains for the Club’s energy stocks, Pioneer Natural Resources (PXD) and…
Environment Gas markets are becoming ‘extremely difficult’ to predict. It’s a big problem for Europe this winter September 12, 2023 admin Aerial view of the LNG storage and vaporization vessel “Höegh Esperanza” at the Wilhelmshaven LNG terminal. Picture Alliance | Picture Alliance | Getty Images Energy analysts are warning of more…
Environment Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August September 6, 2023 admin In this article RIOT Follow your favorite stocksCREATE FREE ACCOUNT During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing…
Environment India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company September 6, 2023 admin Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation for the world’s economy, said Oil and Natural Gas Corporation.…
Environment Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says September 4, 2023 admin Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s…
Environment Oil giant led by COP28 boss to spend an ‘eyewatering’ $1 billion a month on fossil fuels this decade, research says September 4, 2023 admin Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the…
Environment Engineering group ABB ‘pretty pessimistic’ on China: ‘It will be challenging for the rest of the year’ September 2, 2023 admin In this article ABB.N-CH Follow your favorite stocksCREATE FREE ACCOUNT The CEO of Swedish-Swiss multinational robotics firm ABB said he has been “disappointed” by the state of the Chinese market,…
Environment BMW unveils Vision Neue Klasse concept car as it touts the dawn of a new EV era September 2, 2023 admin German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design…
Environment India isn’t over dependent on Russian oil, Indian energy minister says August 25, 2023 admin India isn’t overly dependent on anyone for oil — not even Russia, India’s Minister of Petroleum and Natural Gas told CNBC, adding that his country has diversified its sources. “India…
Environment The world’s largest floating wind farm is now officially open — and helping to power North Sea oil operations August 23, 2023 admin The Hywind Tampen project is located in waters off the Norwegian coast. Ole Berg-rusten | AFP | Getty Images A facility described as “the world’s largest floating offshore wind farm”…
Environment Energy quietly led the market in recent weeks, so we’re taking profits in one of our oil stocks August 9, 2023 admin We’re selling 200 shares of Halliburton (HAL) at roughly $40.64 each Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 1,400 shares of HAL, decreasing its weighting to 1.97% from…
Environment Oil prices surge to 4-month highs after Saudi, Russia output cuts August 7, 2023 admin In this article CTRN Follow your favorite stocksCREATE FREE ACCOUNT Bill Ross | The Image Bank | Getty Images Oil prices surged Monday to their highest since mid-April, following an…
Environment Oil giant Saudi Aramco posts 38% drop in second-quarter profit as lower prices bite August 7, 2023 admin Saudi state oil giant Aramco reported 112.81 billion riyal ($30.07 billion) in net profit in the second quarter, in a sharp drop from the $48.4 billion recorded in the same…
Environment From Washington to Warsaw, a ‘greenlash’ is picking up steam despite extreme heat August 1, 2023 admin Demonstrators hold placards and chant slogans during a rally to protest against the expansion of the Ultra Low Emission Zone (ULEZ) in London, at Marble Arch, central London, on June…
Environment Oil major BP posts 70% drop in second-quarter profit, raises dividend by 10% August 1, 2023 admin The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil…
Environment Oil prices are finally rallying. Here’s what it means for three key energy stocks July 27, 2023 admin A long-awaited rally in crude oil prices has helped the Club’s three oil-and-gas companies become some of our top-performing stocks over the past month. And with new signs the commodity…
Environment Oil giant Shell posts sharp drop in second-quarter profit on weaker commodity prices July 27, 2023 admin General view of the Shell logo. Picture Alliance | Picture Alliance | Getty Images LONDON — British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit,…
Environment Australia says nuclear isn’t part of its energy mix. Here’s why July 25, 2023 admin Nuclear energy has never been part of Australia’s energy mix as it has abundant renewables, according to Australia’s minister for climate change and energy. “I’m not here to tell other…
Environment Oil markets are still volatile, U.S. energy chief says, calling for further supplies July 22, 2023 admin Volatility is still weighing on oil markets, U.S. Energy Secretary Jennifer Granholm said Saturday, reiterating calls for additional supplies. Asked to comment on the state of oil markets, she told…