Utilities
Russia’s Gazprom retains gasoline pipeline to Germany switched off
Pipes at the landfall facilities of the ‘Nord Stream 1’ fuel pipeline are pictured in Lubmin, Germany, March 8, 2022. Hannibal Hanschke | Reuters Russian vitality giant Gazprom stated Friday that it won’t be able to resume the supply of all-natural gas via a critical pipeline to Germany for now since of what it claimed […]
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Uk power charges to increase by 80% in Oct as regulator announces hike
LONDON — Britain’s vitality regulator introduced Friday it will raise its cap on client electricity costs to an typical £3,549 from £1,971 a calendar year, as marketing campaign teams, think tanks and politicians call on the authorities to tackle a value-of-living- crisis. The cost cap boundaries the standard charge vitality suppliers can bill domestic clients […]
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We’re adding four stocks to our Bullpen, including Starbucks and Airbnb
As the baseball metaphor suggests, the Bullpen consists of stocks in reserve that we might consider buying and adding our portfolio. Source
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Market jump after Fed rate hike is a ‘trap,’ Morgan Stanley’s Mike Wilson warns investors
Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief U.S. equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market […]
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How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills
The founders of Opower, Daniel Yates and Alex Laskey. Brooks Kraft | Corbis News | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Before Alex Laskey launched an energy efficiency company in 2007, he was primarily working on political campaigns, “almost […]
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Gas giant Uniper submits bailout application to German government as Russia squeezes supplies
Uniper has been in talks with the German government about a possible bailout. Picture Alliance | Picture Alliance | Getty Images Embattled German gas giant Uniper on Friday submitted a bailout application for government support after running into extreme financial distress, Finnish majority owner Fortum said in a statement. Uniper was the first German energy […]
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Summer temperatures — and inflation — are running hot. Here’s how to save money on cooling bills as prices rise
A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona. Ralph Freso | Getty Images Tips for efficient energy use Most cooling systems use electricity, so making sure your home is running as efficiently as possible can […]
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Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ — and could hammer its economy
A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters The European Union’s best shot at replacing Russian gas imports this year is likely to miss the mark, analysts predict, exerting further pressure on the region’s economy. The EU plans to replace two-thirds of Russian gas imports by the end […]
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Goldman Sachs loves these 4 global energy stocks — and one is on its conviction list
Analysts at Goldman Sachs and Bank of America have picked their top energy stocks, with those involved in hydrogen, electric vehicles and renewables among their favorites. The sector certainly looks hot right now, with the iShares Global Energy ETF up around 30% year-to-date as investors react to sky-high energy prices. In a note from June […]
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JPMorgan names its winning and losing global stocks for the rest of the year
Analysts at JPMorgan have picked their likely winners and losers for the second half of 2022, naming stocks set to do well — or badly — when factors such as inflation, bond yields and oil prices are taken into account. The analysts identified several trends for the coming months after a volatile first half that […]
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