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Environment

Environment

Oil prices could reach $100 a barrel in 2024 if OPEC+ members fulfil pledges for voluntary cuts

Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg...

by admin December 1, 2023
Oil prices could reach 0 a barrel in 2024 if OPEC+ members fulfil pledges for voluntary cuts
Environment

Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison

Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Commission. He also said the cryptocurrency exchange is looking to invest more outside...

by admin November 30, 2023
Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison
Environment

Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy

The logo of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, on Thursday, July 6, 2023. Bloomberg | Bloomberg | Getty...

by admin November 30, 2023
Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy
Environment

Brazil set to join the influential OPEC+ oil producers’ alliance

On Sept. 27, 2023, the President of Brazil, Luiz Inacio Lula da Silva, will take part in a ceremony at the Planalto Palace to...

by admin November 30, 2023
Brazil set to join the influential OPEC+ oil producers' alliance
Environment

OPEC+ oil producers head into meeting with quota unease and geopolitical risks casting a shadow

Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images The influential Organization of Petroleum Exporting Countries and...

by admin November 29, 2023
OPEC+ oil producers head into meeting with quota unease and geopolitical risks casting a shadow
Environment

Elliott takes $1 billion stake in Phillips 66, seeks two board seats

Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is seeking as many as two board seats in a push...

by admin November 29, 2023
Elliott takes  billion stake in Phillips 66, seeks two board seats
Environment

American Airlines works with startup to reduce carbon dioxide by storing bricks of plant material underground

The Air Traffic Control tower is seen at the Miami International Airport on September 25, 2023 in Miami, Florida. Joe Raedle | Getty Images...

by admin November 28, 2023
American Airlines works with startup to reduce carbon dioxide by storing bricks of plant material underground
Environment

OPEC says oil industry unjustly vilified ahead of COP28 climate talks

OPEC has refused to switch to bigger output increases as group sources have cited a lack of spare capacity among members to add more...

by admin November 27, 2023
OPEC says oil industry unjustly vilified ahead of COP28 climate talks
Environment

UAE reportedly planned to use COP28 climate summit to lobby for oil and gas deals

The president of the upcoming COP28 climate change Sultan Ahmed al-Jaber speaks during the Abu Dhabi International Petroleum Exhibition at ADNEC Exhibition Center October...

by admin November 27, 2023
UAE reportedly planned to use COP28 climate summit to lobby for oil and gas deals
Environment

Nuclear’s uncertain role in the shift away from fossil fuels is seen as critical and very contentious

Cooling towers at a nuclear power plant in Slovakia. Nuclear power is likely to be discussed in great detail at the COP28 climate change...

by admin November 27, 2023
Nuclear's uncertain role in the shift away from fossil fuels is seen as critical and very contentious
Environment

Rare earth discoveries mean coal mines could have a key role to play in the energy transition

Coal plays a huge role in global electricity generation, but has a significant impact on the environment. Boy_anupong | Moment | Getty Images From...

by admin November 24, 2023
Rare earth discoveries mean coal mines could have a key role to play in the energy transition
Environment

Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July...

by admin November 23, 2023
Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says
Environment

U.S. crude oil declines after OPEC delays meeting

A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June...

by admin November 22, 2023
U.S. crude oil declines after OPEC delays meeting
Environment

Oil group OPEC and its allies delay policy-setting meeting by four days

Opec logo displayed on a smart phone with Opec seen in the background, in this photo illustration. On 10 September 2023. In Brussels, Belgium....

by admin November 22, 2023
Oil group OPEC and its allies delay policy-setting meeting by four days
Environment

Binance warned VIP customers about law enforcement investigations, Treasury says

Binance’s Co-founder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on November 1, 2022. Nurphoto | Getty Images Binance’s...

by admin November 21, 2023
Binance warned VIP customers about law enforcement investigations, Treasury says
Environment

Coal use needs to be slashed seven times faster to meet emissions target, analysis finds

A coal-fired power plant in Indonesia. Aditya Aji | AFP | Getty Images Efforts to restrict global warming to 1.5 degrees Celsius are failing...

by admin November 17, 2023
Coal use needs to be slashed seven times faster to meet emissions target, analysis finds
Environment

Cramer says the Fed’s efforts to squash inflation are now hurting stocks like Walmart

The Federal Reserve’s campaign to squash inflation is a long-term win for the U.S. economy, but investors in companies such as Walmart are paying...

by admin November 16, 2023
Cramer says the Fed's efforts to squash inflation are now hurting stocks like Walmart
Environment

With oil and natural gas under pressure, Cramer says now is the time to buy Coterra stock

Oil and natural gas prices tumbled further Thursday, dragging down Club holding Coterra Energy (CTRA) and other energy stocks along the way. And that’s...

by admin November 16, 2023
With oil and natural gas under pressure, Cramer says now is the time to buy Coterra stock
Environment

Treasury Department’s hunt for Russian oil sanction violators on the seas is intensifying

A Russian-chartered oil tanker in the sea off Morocco in an area identified by maritime technology company Windward as a hub for smuggling oil....

by admin November 16, 2023
Treasury Department's hunt for Russian oil sanction violators on the seas is intensifying
Environment

U.S. crude oil prices fall 5% as supply grows amid demand worries

An aerial view of a crude oil storage facility is seen on May 4, 2020 in Cushing, Oklahoma. Johannes Eisele | Afp | Getty...

by admin November 16, 2023
U.S. crude oil prices fall 5% as supply grows amid demand worries
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