Oil and Gas
Biden reverses Trump move to open up more oil drilling in Arctic
A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge. U.S. Fish and Wildlife Service | Reuters The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s […]
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Goldman says oil and gas investment is about to boom, and names the stocks to cash in
In its annual review of oil and gas projects, Goldman names several energy stocks it expects to be “winners.” Source
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Japan says exiting Sakhalin energy projects would weaken Russia sanctions
A liquefied natural gas tanker berth in Japan, on Dec. 17, 2021. Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would weaken the effectiveness of Western sanctions and benefit Russia, Japan’s industry minister said on Friday. Kiyoshi Ota | Bloomberg | […]
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Could a potential jet fuel shortage put your summer flight at risk?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Brian Sullivan joins ‘Squawk Box’ to report on a potential jet fuel shortage that could threaten some flights this summer amid surging travel demand. Source
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Richard Branson says individuals, governments should cap their energy use to help end the war in Ukraine
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring about an end to the war in Ukraine. The billionaire entrepreneur told CNBC that small personal sacrifices could reduce demand for Russian […]
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Russia and Ukraine’s battle for Donbas could decide the war — and it could go either way
Ukrainian soldiers stand on their armored personnel carrier (APC), not far from the front-line with Russian troops, in Izyum district, Kharkiv region on April 18, 2022. Anatolii Stepanov | Afp | Getty Images Russia’s new offensive in the Donbas region could prove to be extremely significant and decisive in the war, analysts warn, and could […]
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Dr. Oz has close ties to the wealthy du Pont family heirs, and they’re backing his GOP bid for Pennsylvania’s Senate seat
Veteran physician and Pennsylvania Senate candidate Dr. Mehmet Oz has little-known, but close ties to the heirs of the DuPont chemical fortune who are financially backing Oz’s Senate run, according to a review of campaign finance records. Oz, who amassed his own multimillion-dollar fortune as the host of “The Dr. Oz Show,” is related to […]
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Natural gas drops 10%, pulls back from more than 13-year high
U.S. natural gas futures plunged more than 10% Tuesday, reversing Monday’s surge which saw the contract rally more than 10% at one point to break above $8 per million British thermal units and hit the highest level since September 2008. Henry Hub prices declined 10.2% Tuesday to trade at $7.02. The May contract is now […]
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BP deal sends Nasdaq-listed EV charging stock Tritium surging
The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030. Chris Ratcliffe | Bloomberg | Getty Images Tritium and BP have entered into a multi-year contract related […]
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Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s war on Ukraine causes a global energy […]
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