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Environment

Environment

Saudi oil giant Aramco’s shares rise after stock sale set to raise $11.2 billion

Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022.  Dado Ruvic | Reuters Shares...

by admin June 9, 2024
Saudi oil giant Aramco's shares rise after stock sale set to raise .2 billion
Environment

Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah

Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for allegedly trying to steal...

by admin June 7, 2024
Former IRS employee charged in .1 million Exxon Mobil tax credit theft attempt in Utah
Environment

Renewable energy will be the predominant power source for data centers, Nextracker CEO says

Photoelectric modules at a solar farm in Hanstholm, Denmark. The solar panels are part of the renewable energy sources that power Apple’s European data...

by admin June 7, 2024
Renewable energy will be the predominant power source for data centers, Nextracker CEO says
Environment

Crude oil posts third straight weekly loss as supply and demand weigh on market

Private fishing boats near offshore petroleum drilling rig in the Gulf of Mexico.  Ron Buskirk | Getty Images Crude oil futures Friday posted a...

by admin June 7, 2024
Crude oil posts third straight weekly loss as supply and demand weigh on market
Environment

Saudi Arabia set to raise over $11.2 billion from Aramco stock sale, priced at lower end of range

The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia is set to raise more than...

by admin June 7, 2024
Saudi Arabia set to raise over .2 billion from Aramco stock sale, priced at lower end of range
Environment

Oil prices gain for second day as ECB cuts rates, traders hope for Fed to ease in September

A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023.  Bing Guan...

by admin June 6, 2024
Oil prices gain for second day as ECB cuts rates, traders hope for Fed to ease in September
Environment

Oil prices rebound from four-month lows after OPEC+ decision triggered selloff

Yasir Al-Rumayyan, chairman of Saudi Arabian Oil Co. (Aramco), speaks during a news conference in Dammam, Saudi Arabia, on Sunday, Nov. 3, 2019.  Mohammed...

by admin June 5, 2024
Oil prices rebound from four-month lows after OPEC+ decision triggered selloff
Environment

Oil market ‘oversold’? Analysts and traders pin crude’s price plunge on demand, trading strategies

An offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024. David Mcnew | Getty Images Oil prices defied...

by admin June 5, 2024
Oil market 'oversold'? Analysts and traders pin crude's price plunge on demand, trading strategies
Environment

What slumping oil prices mean for our stake in Coterra Energy

U.S. crude prices fell for the fifth straight day Tuesday, but we remain committed to our lone oil-and-gas stock in Coterra Energy . West...

by admin June 4, 2024
What slumping oil prices mean for our stake in Coterra Energy
Environment

Politics playing a role in electric vehicle adoption: Michigan Gov. Gretchen Whitmer

The future of the electric vehicle is a critical issue for the U.S. auto industry and its home base of Detroit, Michigan. It’s also...

by admin June 4, 2024
Politics playing a role in electric vehicle adoption: Michigan Gov. Gretchen Whitmer
Environment

U.S. crude oil extends losses on OPEC+ increasing supply later this year

Platform Ellen and Elly, offshore oil and gas platforms operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on...

by admin June 4, 2024
U.S. crude oil extends losses on OPEC+ increasing supply later this year
Environment

CNBC Daily Open: Nvidia’s new chip, GameStop soars

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M....

by admin June 3, 2024
CNBC Daily Open: Nvidia's new chip, GameStop soars
Environment

CNBC Daily Open: Opec extends cuts, Nvidia showcases new chip

A photo illustration of the OPEC logo seen on a cell phone set against a green arrow in Brussels, Belgium on September 10, 2023....

by admin June 3, 2024
CNBC Daily Open: Opec extends cuts, Nvidia showcases new chip
Environment

‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says

Kathryn Burgum aplauds as her husband Republican Governor of North Dakota Doug Burgum shakes hands with former US President and 2024 presidential hopeful Donald...

by admin June 2, 2024
‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says
Environment

OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says

Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images The prominent OPEC+ oil producers’ alliance is awaiting...

by admin June 2, 2024
OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says
Environment

Oil giant Saudi Aramco begins massive share sale to raise around $12 billion

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World...

by admin June 2, 2024
Oil giant Saudi Aramco begins massive share sale to raise around  billion
Environment

Saudi Aramco offers nearly $11.5 billion in new stock for sale

The logo of Aramco is seen as security personnel walk before the start of a press conference by Aramco at the Plaza Conference Center...

by admin May 30, 2024
Saudi Aramco offers nearly .5 billion in new stock for sale
Environment

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

An Exxon gas station sign is seen in the Brooklyn borough of New York City, on Oct. 6, 2023. Michael M. Santiago | Getty...

by admin May 30, 2024
Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago
Environment

U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft

An oil pumpjack is pictured in the Permian Basin in the Loco Hills region, New Mexico, on April 6, 2023. Liz Hampton | Reuters...

by admin May 30, 2024
U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft
Environment

Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial...

by admin May 30, 2024
Fintech targeted by climate skeptics banks  million from likes of UBS, CommerzVentures
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