The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way – though gradually – toward adopting them, according to BlackRock’s Samara Cohen. For now, about 80% of bitcoin ETF purchases have likely […]
For the past few months, there have been countless media articles breathlessly anticipating a far-right breakthrough in last week’s European parliamentary elections and pondering the demise of Western democracy and global climate policy. Would Europe […]
Oil prices have bounced back after the last OPEC+ announcement sent them crashing, and the U.S. Federal Reserve could send them higher still with optimistic messaging. – Oil markets were eagerly anticipating the start of […]
President Joe Biden is prepared to release more oil from the country’s strategic reserves if gas prices increase during the summer. This is the latest plan by the Biden administration to counter higher prices at the pumps and […]
United Nations secretary-general António Guterres has proclaimed fossil-fuel companies “godfathers of climate chaos,” but many Europeans, Africans, and Americans clearly disagree. They have recently shown what they think of the green agenda of costly renewables […]
Joe Biden plans to deplete the U.S. oil reserves to artificially lower gas prices just months before the presidential election. When Biden took office in January 2021, the nationwide average gas price was $2.39 per […]
Technology company Wärtsilä has launched a new large scale 100% hydrogen-ready engine power plant, aiming to support future power systems focused on achieving net zero emissions. According to the IEA World Energy Outlook 2023, hydrogen […]
US LNG exporting giant Cheniere has raised its share repurchase authorization by $4 billion through 2027. The company also plans to increase its quarterly dividend by 15 percent. Cheniere said in a statement on Monday […]
Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, increased by 2%, or 324,000 barrels per day (b/d), in 2023, according to our recently published Refinery Capacity Report. Every […]
China, the world’s largest liquefied natural gas importer, increased its LNG imports by 3.4 percent in May compared to the same month last year, according to customs data. Data from the General Administration of Customs […]
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