Environment

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, U.S., February 6, 2024.  Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden‘s investment in electric vehicles for accelerating the sector, even

Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley‘s Martijn Rats. His comments came as oil prices rose on Wednesday amid fears of potential supply disruption after Ukrainian drone attacks on Russian refineries, and hopes that the Federal Reserve may soon start cutting interest

Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California, on July 30, 2013. David Mcnew | Reuters Crude oil futures edged lower Tuesday as traders assessed the latest U.S. inflation data and what it may mean for the Federal Reserve’s decision making on

Working oil pumpjacks on the outskirts of Maricopa in Kern County, California, on September 21, 2023. Frederic J. Brown | AFP | Getty Images Oil prices ticked lower on Monday, extending losses from last week as traders wait for a new round of inflation data. The West Texas Intermediate contract for April lost 40 cents,

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada.  Artur Widak | Nurphoto | Getty Images Saudi Arabia’s state oil giant Aramco reported

In this article Follow your favorite stocksCREATE FREE ACCOUNT The top holdings of many ESG funds may be surprisingly familiar. While these strategies consider a company’s environmental, social and governance factors, these funds still aim to invest in top performers across industry groups, DWS Group’s Arne Noack explained. “The idea isn’t to be super concentrated

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of Thursday, according to the organization’s data. In California, the average was $4.87, more than any other state. Several factors go into what drivers pay for

An oil pumpjack operates on July 31, 2023 in Los Angeles, California.  Mario Tama | Getty Images Crude oil futures were little changed on Friday as traders digested what a mixed U.S. jobs report may mean for the future course of interest rates. The West Texas Intermediate contract for April fell 19 cents, or 0.24%,

US Federal Reserve Board Chairman Jerome Powell testifies at a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report,” on Capitol Hill in Washington, DC, March 6, 2024.  Mandel Ngan | Afp | Getty Images Oil prices edged lower Thursday, giving up some of the previous session’s gains. The West Texas

In this article XOM CVX HES Follow your favorite stocksCREATE FREE ACCOUNT Mike Wirth, CEO of Chevron and John Hess, CEO of Hess, appear on CNBC to speak about Chevron’s deal to buy Hess Corp for $53 billion all-stock deal, on the floor of the New York Stock Exchange (NYSE) in New York City, October

In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203. Al Drago | Bloomberg | Getty Images Exxon Mobil indicated Wednesday it could make a bid for Hess’ oil assets in Guyana if the company’s merger agreement with Chevron fails due

Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. David Mcnew | Reuters Crude oil futures rose Wednesday ahead of Federal Reserve Chairman Jerome Powell’s testimony before Congress and the release of U.S. inventory data. The West Texas Intermediate contract

In this article FSLR TAN Follow your favorite stocksCREATE FREE ACCOUNT A worker applies tape to a solar panel at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters A flood of foreign solar components threatens efforts to build a domestic manufacturing base in the U.S. to support the clean energy transition,

An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023.  Turar Kazangapov | Reuters Crude oil futures fell for a second consecutive day Tuesday as China’s pledge to boost economic growth and OPEC+ production cuts failed to lift prices. The West

Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Oil prices edged lower Monday after oil cartel OPEC+ agreed to extend voluntary output reductions until the second quarter, in an effort to support the short-term stability of crude markets. Global benchmark Brent slipped 0.05% to $83.52 a barrel Monday, while U.S. West Texas Intermediate futures traded

BARCELONA, Spain — Alef Aeronautics, a SpaceX-backed flying car firm, says it has reached 2,850 preorders for its futuristic electrical vertical takeoff and landing (eVTOL) vehicle. Alef Aeronautics, which is based in San Mateo, California, said preorder numbers recently hit a fresh record after previously reporting 2,500 preorders for its two-seater flying car, the Alef Model

The receiving dock at the Northern Lights carbon capture and storage project, controlled by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024. Bloomberg | Bloomberg | Getty Images Norway’s government wants to show the world it is possible to safely inject and store carbon waste under the seabed,

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman al-Saud gesture upon his arrival at the 8th OPEC International Seminar in Vienna on July 5, 2023 Alex Halada | AFP | Getty Images Saudi Arabia, de facto leader of the Organization for the Petroleum Exporting Countries, will extend its voluntary crude production cut of 1

This photograph taken on February 27, 2024, shows the the Heidelberg Materials cement plant in Antoing, during a press visit. The cement plant intends to equip it’s kiln with a carbon capture facility, which will enable the Antoing plant to achieve a net-zero carbon balance. Benoit Doppagne | Afp | Getty Images LONDON — The

In this article Follow your favorite stocksCREATE FREE ACCOUNT The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. “The exchange-traded fund is essentially one of the most