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Home2023July

Month: July 2023

Finance

TSLA Beats Top- & Bottom-Line: Record Revenues As Margins Decline

July 19, 2023 Mariel Alumit

The headline from TSLA’s earnings tonight for Q2 2023 appear positive with top- and bottom-line beats: *TESLA 2Q REV. $24.9B, EST. $24.51B *TESLA 2Q ADJ EPS 91C, EST. 81C That is a record revenue for […]

BlackRock
ESG

Top Asset Manager BlackRock Names Saudi Aramco CEO To Board

July 19, 2023 Mariel Alumit

BlackRock has named Saudi Aramco’s chief executive Amin Nasser to the board of directors of the world’s biggest asset manager as an independent director. The CEO of the world’s largest oil company by oil production, exports, and […]

Turbines
Electrical Generation / Utilities

By 2050, Used Wind Turbine Blades Will Exceed 43 Million Tons Of Waste Every Year

July 19, 2023 Mariel Alumit

The speed by which wind farms are being constructed across the U.S. is going faster than a spring wind in Casper. In about 20 years, the wind turbines put into operation today will be nearing […]

Oil
Crude Oil News

Oil prices dip on profit-taking despite tighter U.S. supplies

July 19, 2023 Mariel Alumit

U.S. crude, gasoline stockpiles fell last week China vows to roll out consumption support policies US data boosts hopes of end to interest rate hikes NEW YORK, July 19 (Reuters) – Oil prices edged lower […]

biofuel
Biofuel

Small U.S. refiners plan to challenge biofuel blending waiver denials

July 19, 2023 Mariel Alumit

(Reuters) – A group of refiners plan to file a lawsuit challenging the Biden administration’s rejection of waivers to exempt oil refiners from biofuel blending mandates which has left some on the hook for hundreds […]

energy
Energy Crisis

Transmission development pace ‘severely’ limits renewable energy, carbon reduction potential: report

July 19, 2023 Mariel Alumit

A failure to speed up transmission expansion in the United States “severely” limits potential wind, solar and energy storage projects, cutting possible greenhouse gas emissions reductions roughly in half, according to a Princeton University-led REPEAT Project report. […]

China
Climate Crisis

Kerry’s trip to China yields no breakthrough on climate

July 19, 2023 Mariel Alumit

The United States and China failed to reach new climate agreements despite “productive” conversations, special climate envoy John Kerry said Wednesday after a four-day visit to Beijing, an outcome that underscores the tensions between the […]

Jet
Climate Crisis

DAVID BLACKMON: John Kerry’s Private Jet Hypocrisy Really Does Matter

July 19, 2023 Mariel Alumit

Much media attention has focused on a remarks made by Climate Czar John Kerry last week about his alleged private jet usage. Many of Kerry’s defenders have responded by saying none of it matters, but […]

Economic
Crude Oil News

Uncertainty In Oil Markets As Fundamentals Counter Economic Concerns

July 19, 2023 Mariel Alumit

Both WTI and Brent dropped in early trading on Wednesday before recovering as traders weigh economic concerns and tightening supply. The API reported a draw in crude and gasoline inventories which, if confirmed by the […]

Baker Hughes
Earnings

Baker Hughes Q2 Profit Beats Analyst Estimates

July 19, 2023 Mariel Alumit

Oilfield services provider Baker Hughes (NASDAQ: BKR) reported on Wednesday second-quarter earnings beat analyst expectations as strong global upstream activities and the return of offshore drilling more than offset a recent market softness in North […]

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