Exxon Mobil Corp . expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month. Even so, the oil giant probably returned to profit after […]
Wyoming Republican discusses the president’s plan to expand the size of government on ‘Kudlow’ Progressive Democrats are leaning on President Biden to dramatically increase the size of his next big-ticket economic spending bill, unveiling on Monday a […]
In the race to go green, companies are doing the bidding of a growing class of powerful, socially conscious investors who are pouring trillions of dollars into businesses that can tout their environmental, social and […]
PRNewswire/ — Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced the acquisition of its 14th wind project — the 300-megawatt (MW) Deuel Harvest Wind Farm — from Invenergy, a leading […]
Pipeline giant Kinder Morgan Inc. plans to expand its carbon-capture business, joining the ranks of major oil and gas companies capitalizing on clean energy investing. Fueled by a push to eliminate greenhouse gas emissions, carbon capture and […]
It’s a “deadly distraction” to think major corporations can replace sweeping government action in response to the climate crisis, according to a former finance professional who now says he helped promote that “fantasy” as chief […]
Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister Ihsan Abdul Jabbar told Asharq News in an interview that aired on […]
How much is the epic traffic jam in the Suez Canal costing the world? The short answer: a lot. It’s going to be tough to come up with a single figure that covers everything, and […]
A fall in crude oil price and Aramco’s USD 75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd‘s oil-to-chemical unit (O2C), research firm Jefferies said. Richest Indian Mukesh Ambani had in August […]
Energy News Beat Publishers Note: Tesla has created a new business model: selling Carbon Credits. Lose money in a great business and makeup profits through selling Carbon Credits. Putin has taken note. With this new […]
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