Suncor Energy Focuses on Hydrogen and Renewable Fuels – Sells Wind and Solar Assets
October 5, 2022
All financial figures are in Canadian dollars. Calgary, Alberta–(Newsfile Corp. – Octobe…
Exxon Mobil Stock Is Increasing Today
October 5, 2022
Exxon Mobil stock rallied as much as 5% on Wednesday. The oil company expects its earning…
This Is the Best Time to Buy These 4 Long-Term Energy Stocks
October 5, 2022
InvestorPlace – Stock Market News, Stock Advice & Trading Tips It’s been a year…
Why ExxonMobil Stock Is Rallying Today
October 5, 2022
Shares of ExxonMobil (NYSE: XOM) rallied as much as 5% on Wednesday. The …
ADNOC CEO: Continued investment in oil and gas critical for energy security, economic progress
October 5, 2022
World Oil Energy security is essential for social, economic and climate progress and the responsibility of the energy industry in maintaining energy security has never been clearer, according to Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of Abu Dhabi National Oil Company (ADNOC). Speaking at the Energy Intelligence Forum
WTO: Energy crisis will cause a slowdown in global trade growth
October 5, 2022
Oil Price Global trade growth is losing momentum and will stay muted next year amid multiple shocks to major economies, the World Trade Organization (WTO) said on Wednesday, in yet another sign that recessions could be looming and weighing on oil demand. World merchandise trade volumes are expected to grow by 3.5% this year, which would be slightly better than the
Critchlow: “OPEC is playing with fire” following cut in production targets
October 5, 2022
At today’s much-awaited meeting, OPEC+ members agreed to cut oil production …
U.S. steps away from flagship lithium project with Berkshire
October 5, 2022
Reuters In a February meeting with mining executives, President Joe Biden laid out an aggressive goal for the United States to produce more of its own minerals for the electric vehicle revolution in ways that respected the environment. A “big part” of those efforts, the president said, was Berkshire Hathaway Inc’s plan to filter lithium from superhot geothermal brines
1 Energy Stock I Bought This Year – and 1 I Sold
October 5, 2022
Energy stocks have been among the best-performing equities of 2022. For the year, the S&…
Europe’s gas crisis set to deepen after winter drains reserves
October 5, 2022
Natural Gas World HELSINKI/BRUSSELS – Europe may limp through the cold winter months with the help of brimming natural gas tanks despite a plunge in deliveries from former top supplier Russia only to enter a deeper energy crisis next year, the head of the International Energy Agency said. European countries have filled storage tanks to around 90% of their
OPEC+ agrees deep cuts to oil production despite U.S. pressure
October 5, 2022
Investing VIENNA/LONDON – OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic at a Vienna meeting on Wednesday, curbing supply in an already tight market despite pressure from the United States and others to pump more. The cut could spur a recovery in oil prices that have dropped to about $90 from $120 three months
Why Are Oil Stocks XOM, OXY, INDO Up Today?
October 5, 2022
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Even with the broader s…
