Environment Biden administration pushes to revitalize coal communities with clean energy projects April 4, 2023 U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022. Kevin Lamarque | Reuters The Biden administration is channeling…
Environment Oil prices surge 8% after OPEC’s surprise output cuts; analysts warn of $100 per barrel April 3, 2023 Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., at night in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images Oil prices surged as much…
Environment Energy agency chief warns transition to renewables is way off track, issues warning on stranded assets March 28, 2023 The current German coalition government is seeking to accelerate the country’s transition away from fossil fuels and nuclear to renewable and sustainable production energy means. Sean Gallup | Getty Images…
Environment Nevada approves $333 million natural gas plant as historic drought pressures state’s power grid March 23, 2023 Looking east to the Tracy Power Plant, a natural gas and oil-fired power plant owned and operated by Sierra Pacific Power, located near Interstate 80 and the Truckee River between…
Environment Russia and China are being driven together as the chasm with the West deepens March 21, 2023 Chinese President Xi Jinping speaks with Russian President Vladimir Putin as leaders gather for a family photo during the Belt and Road Forum on Yanqi Lake, outside Beijing, China, May…
Environment Oil rebounds after Brent prices slipped under $72 per barrel amid banking turmoil March 20, 2023 Bill Ross | The Image Bank | Getty Images Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil in the banking sector. The…
Environment Oil plunge is bad for energy stocks but actually good for other areas of our portfolio March 15, 2023 Energy stocks were slammed Wednesday as U.S. oil prices plunged to their lowest levels since December 2021. The extent of the decline in West Texas Intermediate crude — down 5.5%…
Environment Oil tumbles 6%, heads for worst day since July as banking crisis routs markets March 15, 2023 In this article @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Oil production in Azerbaijan Vostok | Getty Images Oil prices fell Wednesday, as traders feared a brewing banking crisis could…
Environment Russia’s oil revenues fall sharply as the West’s price cap starts to bite, IEA says March 15, 2023 Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance |…
Environment Biden Interior approves controversial Alaska oil drilling project March 13, 2023 Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10,…
Environment Oil CEOs are doubling down on buybacks as Biden budget seeks to quadruple tax March 8, 2023 In this article CVX OXY Follow your favorite stocksCREATE FREE ACCOUNT Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t…
Environment China’s energy transition sees ‘staggering’ progress on renewables — and a coal power boom March 8, 2023 China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress in scaling up clean energy,…
Environment Oil chief leading COP28 climate summit urges energy industry to ‘up its game’ to reduce emissions March 7, 2023 “Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster,” Abu Dhabi National Oil Company CEO Sultan al-Jaber said during a…
Environment Oil companies hit with backlash after bringing in $200 billion in profits last year March 3, 2023 In this article TTE-FR BP.-GB CVX SHEL-GB XOM Follow your favorite stocksCREATE FREE ACCOUNT Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest…
Environment Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC March 3, 2023 The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. Joe Klamar | Afp | Getty Images DUBAI, United Arab Emirates — International oil benchmark…
Environment Microsoft, Kimbal Musk, NBA’s Russell Westbrook invest in Brooklyn-based climate tech company BlocPower March 2, 2023 BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-based climate tech company, has closed on a nearly $155 million fundraising round that will be used…
Environment FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges February 28, 2023 Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images FTX ex-engineering head…
Environment Washington moves forward with program to charge companies for greenhouse gas emissions February 28, 2023 Then-Washington State Governor and presidental candidate Jay Inslee signs five climate change bills into law that will reduce carbon emissions, decrease pollution, boost jobs and increase public health, Tuesday, May…
Environment BMW launches demonstration fleet of hydrogen cars that use fuel cells from Toyota February 27, 2023 In this article TSLA HYU-FF TM BMWB-FF Follow your favorite stocksCREATE FREE ACCOUNT This image, from September 2021, shows a BMW iX5 Hydrogen in Munich, Germany. Krisztian Bocsi | Bloomberg…
Environment Biden’s IRA is the U.S. playing ‘catch-up’ after Trump, UK minister says February 24, 2023 The U.K.’s Finance Minister Jeremy Hunt has said that the U.S. President Joe Biden’s Inflation Reduction Act is a bid to play ‘catch up’ on clean energy investment. Bloomberg |…