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Environment

Environment

U.S. crude oil falls nearly 4% as traders worry about inflation affecting demand

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, on April 21, 2020. Dronebase |...

by admin December 12, 2023
U.S. crude oil falls nearly 4% as traders worry about inflation affecting demand
Environment

Gas prices have fallen 19% since September, hit lowest point of year ahead of holiday

A vehicle refuels at a Shell gas station in Hyattsville, MD, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images...

by admin December 12, 2023
Gas prices have fallen 19% since September, hit lowest point of year ahead of holiday
Environment

Blackrock and China-led AIIB among backers of $800 million Asia-focused infrastructure fund

Wind turbine blades rotate in the tidal flat in Yancheng city, Jiangsu province, China, November 18, 2023. Nurphoto | Nurphoto | Getty Images Top...

by admin December 12, 2023
Blackrock and China-led AIIB among backers of 0 million Asia-focused infrastructure fund
Environment

The top 10 things to watch in the stock market Monday

The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high...

by admin December 11, 2023
The top 10 things to watch in the stock market Monday
Environment

Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

Occidental Petroleum on Monday agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The...

by admin December 11, 2023
Occidental Petroleum to buy Permian producer CrownRock for  billion, raise dividend
Environment

Australia energy giants Woodside and Santos in talks to create $52 billion gas powerhouse

Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks...

by admin December 8, 2023
Australia energy giants Woodside and Santos in talks to create  billion gas powerhouse
Environment

Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns

Darren Woods, CEO of ExxonMobil, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York...

by admin December 7, 2023
Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns
Environment

Falling oil prices is hurting energy names. But plenty of others stocks stand to gain

U.S. crude prices continued to fall Wednesday, settling below $70 per barrel for the first time since early July and at their lowest levels...

by admin December 6, 2023
Falling oil prices is hurting energy names. But plenty of others stocks stand to gain
Environment

We’re making a small contrarian buy as oil prices and energy stocks get crushed

Is the decline in WTI crude a sign of something more ominous? We don’t think so just yet.

by admin December 6, 2023
Environment

U.S. crude oil falls below $70 a barrel, closing at the lowest level since June

Gas prices at a Shell gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images U.S....

by admin December 6, 2023
U.S. crude oil falls below  a barrel, closing at the lowest level since June
Environment

Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes

Darren Woods, chairman and chief executive officer of Exxon Mobil Corp., Brendan McDermid | Reuters Exxon Mobil said Wednesday its expects earnings to more...

by admin December 6, 2023
Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes
Environment

Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’

DUBAI, United Arab Emirates —The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for...

by admin December 5, 2023
Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’
Environment

‘Beyond justification’: Record number of fossil fuel lobbyists attend COP28 climate talks in Dubai

A man wearing a thawb walks past flags of nations participating in the UNFCCC COP28 Climate Conference the day before its official opening on...

by admin December 5, 2023
'Beyond justification': Record number of fossil fuel lobbyists attend COP28 climate talks in Dubai
Environment

U.S. leads coalition to triple nuclear power by 2050 in effort to address climate change

U.S. Special Presidential Envoy for Climate John Kerry participates in an event on women’s role in building a climate-resilient world, at COP28 World Climate...

by admin December 4, 2023
U.S. leads coalition to triple nuclear power by 2050 in effort to address climate change
Environment

China’s emissions targets not robust enough, U.S. energy chief says

China’s current emissions reduction targets are not as strong as they need to be, U.S. Deputy Secretary for Energy David Turk said Monday. “I think...

by admin December 4, 2023
China's emissions targets not robust enough, U.S. energy chief says
Environment

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt |...

by admin December 4, 2023
Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
Environment

Venezuelans vote to claim sovereignty over a part of oil-rich nation Guyana

President of the Bolivarian Republic of Venezuela, Nicolás Maduro, gestures as he speaks after the National Electoral Council published the results of the consultative...

by admin December 4, 2023
Venezuelans vote to claim sovereignty over a part of oil-rich nation Guyana
Environment

Time to say ‘the F-words’? A fossil fuel fight takes center stage at the COP28 climate summit

Sultan al-Jaber, president of the UNFCCC COP28 climate conference, speaks during day two of the summit on Dec. 2, 2023 in Dubai, United Arab...

by admin December 3, 2023
Time to say 'the F-words'? A fossil fuel fight takes center stage at the COP28 climate summit
Environment

Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels

Dubai, UNITED ARAB EMIRATES — Exxon Mobil CEO Darren Woods on Saturday said the “problem statement” that countries need to focus on at the...

by admin December 2, 2023
Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
Environment

Bill Gates warns the world is likely to smash through a critical warming threshold

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October...

by admin December 1, 2023
Bill Gates warns the world is likely to smash through a critical warming threshold
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