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Environment

Environment

The rally in oil cannot be ignored — here’s what it means for stock market investors

U.S. oil prices have climbed to their highest level since late October, as the rally in the key commodity becomes something equity investors cannot...

by admin April 4, 2024
The rally in oil cannot be ignored — here's what it means for stock market investors
Environment

Oil hold to gains as market monitors OPEC+ policy, geopolitical tensions

A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018.  Liz Hampton...

by admin April 3, 2024
Oil hold to gains as market monitors OPEC+ policy, geopolitical tensions
Environment

U.S. crude oil cracks $85 to hit highest level since October as geopolitical tensions mount

A flare stack burns beyond oil storage tanks at the Taneco Oil Refining and Petrochemical complex, operated by Tatneft PJSC, in Nizhnekamsk, Tatarstan, Russia,...

by admin April 2, 2024
U.S. crude oil cracks  to hit highest level since October as geopolitical tensions mount
Environment

The global gas glut could reach multi-decade highs in the coming years, Morgan Stanley says

A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018.  Tomohiro Ohsumi | Bloomberg |...

by admin April 2, 2024
The global gas glut could reach multi-decade highs in the coming years, Morgan Stanley says
Environment

Oil prices rise amid reports Iranian consulate hit by missile strike in Damascus

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Nick...

by admin April 1, 2024
Oil prices rise amid reports Iranian consulate hit by missile strike in Damascus
Environment

FTX estate selling majority stake in AI startup Anthropic for $884 million, with bulk going to UAE

In this photo illustration, Anthropic logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Bankrupt crypto...

by admin March 25, 2024
FTX estate selling majority stake in AI startup Anthropic for 4 million, with bulk going to UAE
Environment

Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge

Smoke billows after Ukraine’s SBU drone strikes a refinery, amid Russia’s attack on Ukraine, in Ryazan, Ryazan Region, Russia, in this screen grab from...

by admin March 25, 2024
Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge
Environment

Republican lawmakers say green transition ‘cheerleader’ IEA has strayed from mandate

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Nick...

by admin March 22, 2024
Oil prices rise amid reports Iranian consulate hit by missile strike in Damascus
Environment

U.S. energy secretary tells skeptical executives natural gas export pause will be short-lived

US Energy Secretary Jennifer Granholm speaks during the CERAWeek oil summit in Houston, Texas, on March 18, 2024.  Mark Felix | AFP | Getty...

by admin March 21, 2024
U.S. energy secretary tells skeptical executives natural gas export pause will be short-lived
Environment

EV charging for the U.S. freight trucking market is starting to scale

The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long...

by admin March 21, 2024
EV charging for the U.S. freight trucking market is starting to scale
Environment

Red Sea crisis could lead to global tanker shortage, Kuwait Petroleum CEO says

Kuwait Petroleum Corporation Deputy Chairman & CEO Shaikh Nawaf Al-Sabah speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024.  Mark...

by admin March 20, 2024
Red Sea crisis could lead to global tanker shortage, Kuwait Petroleum CEO says
Environment

Big Oil’s green-bashing stokes backlash as campaigners hit out at ‘talking points from the 1970s’

Saudi Aramco President & CEO Amin Nasser speaks during the CERAWeek oil summit in Houston, Texas, on March 18, 2024. Mark Felix | Afp...

by admin March 20, 2024
Big Oil’s green-bashing stokes backlash as campaigners hit out at 'talking points from the 1970s'
Environment

Global energy demand will outpace population growth through 2050, Kuwait oil CEO says

Shaikh Nawaf S. Al-Sabah, deputy chairman and chief executive officer of Kuwait Petroleum Corp., speaks during the 2024 CERAWeek by S&P Global conference in...

by admin March 19, 2024
Global energy demand will outpace population growth through 2050, Kuwait oil CEO says
Environment

Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says

HOUSTON — Exxon is not trying to acquire Hess as the oil major battles with Chevron over lucrative oil assets in Guyana, CEO Darren...

by admin March 18, 2024
Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says
Environment

Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy’ of phasing out oil

Amin Nasser, CEO of Saudi Aramco, speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, on March 18, 2024. F. Carter...

by admin March 18, 2024
Saudi Aramco CEO says energy transition is failing, world should abandon 'fantasy' of phasing out oil
Environment

Oil posts weekly gain as crude market expected to tighten

Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline,...

by admin March 15, 2024
Oil posts weekly gain as crude market expected to tighten
Environment

U.S. crude prices crack $81 as oil supply deficit forecast for 2024

The U.S. flag is displayed at Tesoro’s Los Angeles oil refinery. Lucy Nicholson | Reuters U.S. crude oil futures cracked $81 a barrel on...

by admin March 14, 2024
U.S. crude prices crack  as oil supply deficit forecast for 2024
Environment

Oil giant Shell waters down its near-term emission cuts in strategy update

A Shell logo displayed on a sign at a gas station in Nakuru, Kenya. Sopa Images | Lightrocket | Getty Images British oil giant...

by admin March 14, 2024
 Oil giant Shell waters down its near-term emission cuts in strategy update
Environment

Yellen touts electric vehicle ‘boom’ as automakers tone down hype

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on...

by admin March 13, 2024
Yellen touts electric vehicle 'boom' as automakers tone down hype
Environment

Oil strategist says the market could be caught off guard by a crude spike this summer

Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley‘s Martijn Rats. His comments...

by admin March 13, 2024
Oil strategist says the market could be caught off guard by a crude spike this summer
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