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Home2024April

Month: April 2024

Tesla
Earnings

Tesla reports biggest revenue slide since 2012, announces renewed push for affordable model

April 23, 2024 Mariel Alumit

Teslareported a 9% drop in first-quarter revenue on Tuesday, the biggest decline since 2012, and missed analysts’ estimates, as the electric vehicle company weathers the impact of ongoing price cuts. Here are the results. Earnings […]

Petrobras
Big Oil Companies

Petrobras to address domestic offshore demands with $73 billion production, exploration investment

April 23, 2024 Mariel Alumit

(WO) – At the “Strengthening the National Shipbuilding Industry and the Offshore Energy Sector,” held by the Brazilian Oil and Gas Institute (IBP) on Thursday, 4/18, Petrobras estimated investments of around $73 billion in exploration […]

Oil
Crude Oil News

Oil rises as dollar slips, focus shifts to economic data

April 23, 2024 Mariel Alumit

NEW YORK, April 23 (Reuters) – Oil prices rose a dollar a barrel on Tuesday as the U.S. dollar index fell to its lowest level in more than a week and as investors shifted their […]

Biden
Crude Oil News

Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

April 23, 2024 Mariel Alumit

Over the weekend, as part of the $95 billion package providing funding for aiding Ukraine, Israel and Taiwan which passed by a vote of 360-58 on Saturday, the US House also passed new sanctions on […]

Climate Emergency
Climate Crisis

Is Biden About To Declare Himself Climate Dictator?

April 23, 2024 Mariel Alumit

Democrats have already made it clear that they will stop at nothing – nothing – to prevent Donald Trump from winning in November. [emphasis, links added] So, we aren’t surprised to read reports that President […]

California
Big Oil Companies

California Considers Suing Exxon Over Plastic Pollution

April 23, 2024 Mariel Alumit

California is close to completing a two-year investigation into Exxon on allegations of plastic pollution. After that, the state will decide whether to sue the supermajor for polluting or not. That’s what California’s Attorney General […]

UAE and Oman
Finance

UAE and Oman Sign $35 Billion Worth of Energy, Metals, and Infrastructure Deals

April 23, 2024 Mariel Alumit

The United Arab Emirates and Oman signed on Tuesday $35 billion worth of investment partnerships in renewable energy, green metals, railways, and digital infrastructure and technology during the state visit of Oman’s Sultan to the […]

Tesla
Earnings

Tesla Investors Brace for Worst Financial Report in 7 Years

April 23, 2024 Mariel Alumit

Tesla is slated to report earnings today and, as FT notes, investors are bracing for the “worst results in 7 years” from the EV manufacturer. Analysts predict that Tesla will post revenues of $22.3 billion for […]

Halliburton
Earnings

Halliburton posts highest quarterly revenue in over a decade

April 23, 2024 Mariel Alumit

Halliburton has posted its highest quarterly earnings in over a decade after bringing in total revenues of $5.8 billion (£4.6bn) in the first quarter of 2024. This marked a 2% increase compared to the first […]

Oil and Gas
Crude Oil News

Are Cyber Attacks a Growing Threat to Oil and Gas Vessels?

April 23, 2024 Mariel Alumit

Maritime cybersecurity risk is increasing globally, Aaron Roth, principal and head of federal strategy at security risk management company the Chertoff Group, and Adam Isles, the company’s head of cybersecurity, told Rigzone in a joint […]

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