Energy
MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks
Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images On the eve of MicroStrategy‘s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at […]
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Qatar vows to stop EU gas sales if fined under due diligence law, FT reports
Qatar’s Energy Minister and CEO of QatarEnergy Saad Sherida Al Kaabi speaks at a press conference in Doha on Sept. 1, 2024. Karim Jaafar | Afp | Getty Images Qatar will stop shipping gas to the EU if member states strictly enforce a new law cracking down on forced labour and environmental damage, Energy Minister […]
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How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill
U.S. President-elect Donald Trump smiles at the crowd during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on Aug. 26, 2024 in Detroit, Michigan. Emily Elconin | Getty Images News | Getty Images The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction […]
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Trump’s pick to lead NASA made a big bet on crypto while going to space on the side
Jared Isaacman, Mission Commander, steps out of the manned Polaris Dawn mission’s “Dragon” capsule after it splashed down off the coast of Dry Tortugas, Florida, after completing the first human spaceflight mission by non-government astronauts of the Polaris Program. – | Afp | Getty Images President-elect Donald Trump’s pick to run NASA, Jared Isaacman, is […]
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Big Oil wants to help Big Tech power artificial intelligence data centers
Budrul Chukrut | Lightrocket | Getty Images Exxon Mobil and Chevron are jumping into the race to power artificial intelligence data centers, as the two oil majors bet tech companies will ultimately turn to natural gas to meet their tremendous energy needs. Exxon unveiled plans this week to build a natural gas plant to power […]
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Moldova declares state of emergency over fears Russian gas flows via Ukraine will stop
Dorin Recean, Moldova’s prime minister, speaks during the United Nations General Assembly (UNGA) in New York, US, on Friday, Sept. 27, 2024. Bloomberg | Bloomberg | Getty Images Moldova’s parliament on Friday voted to approve a 60-day state of emergency, citing fears of an immediate threat to the security of its citizens ahead of an […]
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India’s ReNew Energy offered to be taken private in $2.82 billion deal
Sumant Sinha, chief executive officer of Renew Energy Global Plc, during a Bloomberg Television interview in London, UK, on June 7, 2023. Bloomberg | Bloomberg | Getty Images Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission show, in a […]
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Qatar energy minister: I don’t ‘worry much’ about Trump’s vow to lift LNG exports cap
Qatar’s Energy Minister and CEO of QatarEnergy Saad Sherida Al Kaabi speaks at a press conference in Doha on Sept. 1, 2024. Karim Jaafar | Afp | Getty Images Qatar’s energy minister said he isn’t too concerned about U.S. President-elect Donald Trump’s pledge to lift the cap on liquefied natural gas exports. “Additional gas is […]
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President-elect Trump says Ukraine to ‘possibly’ receive less military aid
U.S. President-elect Donald Trump attends a meeting with Britain’s Prince William (not pictured) at the residence of the British ambassador to France, on the day of the reopening ceremonies of the Notre-Dame de Paris Cathedral following the 2019 fire, in Paris, France, December 7, 2024. Aaron Chown | Via Reuters In an exclusive interview with […]
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Best utilities to own in 2025 after breakout year for sector, according to KeyBanc
Investors should take a selective approach toward utility stocks in 2025 as the incoming Trump administration could create a more challenging environment for the sector, according to KeyBanc. The utility sector has rallied nearly 25% this year as investors realized increased electricity demand from artificial intelligence is not a passing fad, analyst Sophie Karp told […]
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