Energy
Top strategist says to own stocks in these sectors to beat any recession
David Roche, president of Independent Strategy, warned the economy is entering a “war-cession,” and said markets are underestimating it. Source
Read More
Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.9%, or $4.02, to trade at […]
Read More
Russia’s war will reorient global energy flows and these stocks stand to benefit, says Bernstein
Moving away from Russian energy means billions of dollars in new infrastructure spending, and these names stand to benefit, according to Bernstein. Source
Read More
Sunnova CEO says war in Ukraine will spur shift to renewables, calls on U.S. to foster solar panel production
Consumer demands, on both reliability and price; climate change, and geopolitical and national security will spur a shift to solar energy, Sunnova CEO says. Source
Read More
Tesla, Block and Blockstream team up to mine bitcoin off solar power in Texas
Solar panels are seen in this drone photo at the Impact solar facility in Deport, Texas, July 15, 2021. Drone Base | Reuters MIAMI — Blockstream and Jack Dorsey’s Block, formerly Square, are breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla. Tesla’s 3.8 megawatt […]
Read More
The role of natural gas in the Russia-Ukraine conflict
Natural gas is one of several commodities affected by Russia’s invasion of Ukraine. Prices on the Dutch TTF hub, a European benchmark for natural gas trading, more than tripled between February 16 and March 7 before pulling back. But despite being at the center of the largest military conflict in Europe since World War II, […]
Read More
Methane emissions surged by a record amount in 2021, NOAA says
A broken oil well pipeline gauge near Depew, Oklahoma J Pat Carter/Getty Images Global emissions of methane, the second-biggest contributor to human-caused climate change after carbon dioxide, surged by a record amount in 2021, the National Oceanic and Atmospheric Administration said on Thursday. Methane, a key component of natural gas, is 84 times more potent than […]
Read More
EU not expected to fully ban Russian coal imports until August, sources say
A front loader collects a shovel of coal from a pile at the Raspadsky open-pit coal mine, operated by Raspadskaya PJSC, in Mezhdurechensk, Russia, on Friday, Feb. 5, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union’s proposed ban on coal imports from Russia is not expected to take full effect until August […]
Read More
UK targets more nuclear, wind power — and fossil fuels — in bid for energy security
Alongside a ramp up in nuclear power, the British Energy Security Strategy envisages up to 50 GW of offshore wind and 10 GW of hydrogen – half of which would be so-called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The U.K. government has revealed details of its long […]
Read More
‘Weapons, weapons and weapons’: Ukraine makes its request to NATO clear
Ukraine has urged NATO to supply more weapons as it seeks to defend itself against further aggression from Russia. Members of the NATO military alliance have been supplying Kyiv with weapons ever since Russia’s unprovoked invasion of Ukraine in February. The U.S., for instance, has supplied anti-aircraft Stingers, thousands of anti-tank weapons and millions of […]
Read More