BP PLC
Oil CEOs say this winter is not the period to worry about when it comes to the energy disaster
PCK Schwedt oil refinery in Schwedt, Germany on Monday, May 9, 2022. Krisztian Bocsi | Bloomberg | Getty Images ABU DHABI, United Arab Emirates — Politicians and governments around the world are bracing for likely civil unrest as many international locations grapple with mounting energy expenditures and climbing inflation. The world wide financial system is […]
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World needs to accept the urgent need for fossil fuel investment now, BP CEO says
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because today’s energy system is a hydrocarbon system.” F. Carter Smith | Bloomberg | Getty Images BP’s strategy is centered around investing in hydrocarbons […]
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Stocks making the biggest moves midday: Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics for September that showed stronger engagement than a year ago. Apple — The tech giant saw its shares rally more than 2% […]
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Stocks making the biggest moves premarket: Continental Resources, Bank of America, Apple and others
Check out the companies making headlines before the bell: Continental Resources (CLR) –Chairman and founder Harold Hamm and his family will acquire the shares of the energy producer that they don’t already own for $74.28 per share. The deal is not contingent on any financing and is expected to close before the end of the […]
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Oil and gas are producing a comeback — and these mutual funds are leaping on the development, suggests Morningstar
The S & P 500’s oil and gas sector has risen by virtually 30% this calendar year although the broader market place has sold off. And people bumper returns surface to be reversing a 10 years-extensive craze: They’ve now started off to entice buyers who experienced mainly shunned the sector amid the thoroughly clean power […]
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Hertz is teaming up with oil giant BP to install thousands of EV chargers in the U.S.
Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Hertz is teaming up with oil giant BP to build a new network of electric vehicle charging stations throughout the United States. The rental car giant — which in the last year has announced deals to purchase a total of up to 340,000 EVs […]
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Siemens commissions 1 of the greatest inexperienced hydrogen output plants in Germany
A Siemens symbol in Germany. The industrial large states that a recently commissioned green hydrogen plant in the country will use wind and solar energy from the Wunsiedel Vitality Park. Daniel Karmann | Image Alliance | Getty Photos A eco-friendly hydrogen technology plant explained as just one of the greatest in Germany is open up, […]
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Shell to build Europe’s ‘largest’ renewable hydrogen plant to help power Dutch refinery
On Wednesday, Shell said the Holland Hydrogen I facility would be “Europe’s largest renewable hydrogen plant” when operations start in 2025. Shell is one of several big firms looking to lay down a marker in the sector. Ina Fassbender | AFP | Getty Images Plans to build a major hydrogen plant in the Netherlands will […]
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This fund manager is beating the market — and he has 4 tips for investors
It’s a tough year to be in the stock market, given the seemingly never-ending cycle of gyrations. Inflationary pressures remain elevated and with the Federal Reserve poised to pursue a more aggressive rate hike policy , a recession could be on cards. So how should investors trade this volatility? Fund manager Freddie Lait, a long-term […]
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The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help
One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and Air Liquide have announced plans to set up a joint […]
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