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Category: Energy


Energy, Industries

How Sustainable Is the Rally in Renewable Energy Stocks?

January 14, 2021

Via: The New York Times

The overall stock market was fabulous last year, but as investors focused on climate change, renewable energy stocks did even better. Consider that while the SPDR S&P 500 Exchange-Traded Fund Trust, which tracks the benchmark S&P 500, returned 18.37 percent […]


Energy, Industries

Op-ed: How Joe Biden can tap the private sector to accelerate transition to clean energy

December 29, 2020

Via: CNBC

As we enter the third decade of the 21st century, we are on the cusp of a green industrial revolution. Now is the time for President-elect Joe Biden and his formidable team of scientific, economic, and national security experts to […]


Energy, Industries

OPEC talks on production hit snag as pandemic clouds outlook

December 1, 2020

Via: ABC News

The OPEC oil producers’ cartel was to push ahead with a new round of discussions Tuesday about how much to pump next year as countries wrestled over whether to extend the production cuts that have been supporting prices depressed by […]


Energy, Industries

Saudi Aramco to issue bonds as it seeks cash amid oil slump

November 16, 2020

Via: ABC News

Saudi Arabia’s oil giant Aramco announced Monday it will issue international bonds as it seeks a cash infusion to help pay for billions of dollars in dividends the company promised shareholders before the global coronavirus pandemic sent oil prices plummeting. […]


Energy, Industries

California Is Trying to Jump-Start the Hydrogen Economy

November 11, 2020

Via: The New York Times

Since President George W. Bush fueled a minivan with hydrogen 15 years ago, the promise of cars and trucks powered by the fuel has come up mostly empty. That hydrogen pump, in Washington, closed long ago. But in California, the […]


Energy, Industries

Chevron revenue plummets more than 30% in the third quarter as Covid slams demand

October 30, 2020

Via: CNBC

Chevron on Friday reported its second straight quarter of losses after revenue during the third quarter fell 32% year over year, hammered by Covid-19. Amid declining oil prices Chevron said it implemented aggressive cost-cutting measures. The oil giant lost $207 […]


Energy, Industries

Exxon reports third straight quarter of losses with revenue down nearly 30%

October 30, 2020

Via: CNBC

Exxon Mobil on Friday reported its third straight quarter of losses as depressed oil demand sparked by the coronavirus pandemic weighed on the company’s operations. During the third quarter, the company lost $680 million, although Exxon said results improved on […]


Energy, Industries

Oil prices on track for weekly losses

October 23, 2020

Via: Market Watch

Oil futures gained ground Friday but remained on track for weekly losses, dogged by supply concerns as output from Libya rises, along with worries about crude demand as the number of new COVID-19 cases continued to accelerate globally. West Texas […]


Energy, Industries, News

With stimulus stalled, shortfalls in tax revenues leave states facing layoffs, service cuts

October 21, 2020

Via: USA TODAY

A combination of COVID-19 and plunging oil prices have caused states’ tax revenues to drop more than 6% during the six months from the first pandemic shutdowns in March through the end of August. The 46 states that have reported […]


Energy, Industries

Oil pulls back, but on track for 10% weekly rise as Hurricane Delta bears down on U.S. Gulf Coast

October 9, 2020

Via: Market Watch

Oil futures lost ground early Friday, but the U.S. benchmark remains on track for a 10% weekly advance as Hurricane Delta nears landfall on the U.S. Gulf Coast and a strike curtails a large chunk of Norway’s crude output. Oil […]