Occidental Petroleum Corporation (NYSE:OXY) released a solid earnings report for FQ1 this week. However, that hasn’t been enough to stem a slide in OXY that started in early April, as the boost from the OPEC+ production cut faltered. Berkshire Hathaway (BRK.A) (BRK.B) CEO Warren […]
PacWest Bancorp (PACW) severely missed estimates for Q1 earnings early Thursday as it felt the impact from the recent bank panic. But the Los Angeles-based bank noted deposits have stabilized and it has sufficient liquidity. […]
Authored by Irina Slav via OilPrice.com, The American Petroleum Institute has slammed the new emission rules proposed by the Environmental Protection Agency. The new rules would require a 13% reduction in annual vehicle emissions in […]
(Bloomberg) – Prime Minister Rishi Sunak said the UK will need fossil fuels for the “next few decades” as the UK moves to eliminate net greenhouse gas emissions, after being urged to oppose Equinor ASA’s […]
Shock and amazement, but the new vehicle I was most interested in driving this year is not an AMG Mercedes or a mid-engine Corvette, but a pickup truck—this one, the electric F-150 Lightning from Ford. […]
The company behind the development of a green jet fuel refinery on the South Humber Bank has hit a key funding milestone. Velocys has completed the work required to draw down the first tranche of […]
The New York Fed’s March inflation forecasts added further upward pressure on Treasury bond yields and the dollar Monday as investors look to one final rate hike from the central bank next month in Washington following Friday’s […]
The sole issue at hand in a case that will come before the U.S. Supreme Court — Loper Bright Enterprises v. Raimondo — in its next session beginning this October is whether the legal doctrine known as […]
Billions of pounds’ worth of green energy projects are on hold because they cannot plug into the UK’s electricity system, BBC research shows. Some new solar and wind sites are waiting up to 10 to […]
OBIRA ISLAND, Indonesia — On a remote island close to where the Pacific meets the Indian Ocean sits one of the first refineries built specifically to support the world’s transition away from fossil fuels. Rocks unearthed […]
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