Environment Engineering group ABB ‘pretty pessimistic’ on China: ‘It will be challenging for the rest of the year’ September 2, 2023 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 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 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 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 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 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 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 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 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 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 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 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 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…
Environment Oil markets will face ‘serious problems’ as demand from China and India ramps up, IEF secretary general says July 22, 2023 Oil prices are expected to increase in the second half of 2023, according to the International Energy Forum. Christopher Furlong | Getty Images News | Getty Images Oil prices are…
Environment India’s Tata Group to build $5 billion gigafactory in the UK July 19, 2023 In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tata Motors concept EV on show at the India Auto Expo 2023 on Jan. 12, 2023. Anindito Mukherjee |…
Environment India’s reliance on Russian oil may be ‘approaching a limit’ July 18, 2023 An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images India’s ability to import more Russian oil may have hit a limit,…
Environment Russia’s crude price exceeds G7 price cap as market braces for supply crunch July 14, 2023 View of Russian oil port Novorossiysk. Алексей Облов | Moment | Getty Images Spot prices of Russia’s crude oil this week surpassed the $60-per-barrel threshold of the Group of Seven’s…
Environment Alaska, America’s worst state for business, pins hopes on a post-oil boom in carbon offsets July 11, 2023 In this article AKH.H-V Follow your favorite stocksCREATE FREE ACCOUNT An oil pipeline stretches across the landscape outside Prudhoe Bay in North Slope Borough, Alaska, May 25, 2019. The Washington…
Environment Germany’s economy is stagnating. And these 5 charts show how July 7, 2023 Germany entered a technical recession on May 25, and economists have predicted that GDP growth is set to stagnate for the rest of the year, painting a gloomy picture for…
Environment As the world gets hotter, millions of workers face up to the challenge of heat stress and productivity losses July 5, 2023 In this article FOXF FOXA Follow your favorite stocksCREATE FREE ACCOUNT Europe was gripped by punishing heat waves in the summer of 2022, with wildfires, droughts and deaths highlighting what…