Baker Hughes, one of the biggest oilfield services companies on the planet, issued its second quarter earnings update yesterday. The company reported a net loss of $839 million during 2Q, but more than half that […]
Protesting truckers stopped traffic on Wednesday at a Northern California port, one of the busiest in the United States, as they demonstrated against a new state labor law that makes it harder for independent truckers […]
BlackRock Inc., known for pushing woke activism in investing, has lost $1.7 trillion of its clients’ money in the last sixth months, Bloomberg reported Wednesday. The massive sum is the largest amount of money lost by an […]
California is rich in natural resources which once powered the state: natural gas deposits in the Monterey Shale formation; geothermal energy, abundant rivers and waterways such as the San Joaquin River Delta and hydroelectric dams; […]
Today’s news includes the threat that Russia will continue the recent cuts in gas supplies that Gazprom, the state gas company, has imposed. Moscow may not fully reconnect the Nord Stream 1 pipeline that carries gas under […]
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the exit of ConocoPhillips from U.S. offshore operations, sources […]
Investors will watch second-quarter midstream earnings presentations for signs that companies can navigate volatile commodity prices and concerns about the rising risk of economic recession. Analyst predictions remained largely positive against a favorable backdrop for […]
NYMEX front-month natural gas futures have seen some significant upside action in recent days, with prices climbing back above $8.00/MMBtu — highs that haven’t been seen since about mid-June. After hitting an intraday high of […]
Enel Green Power announced the completion of its first large-scale hybrid wind project, Azure Sky Wind + Storage, as well as the addition of battery storage facilities at the operating Roadrunner and High Lonesome renewable […]
FRANKFURT, July 21 (Reuters) – The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the […]
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