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Profits Over ESG as Supermajors Pivot Back to Their Core Business
Oilprice.com via Yahoo Finance Canada· 2 months agoEurope’s Big Oil majors are reversing the course from three years ago—because, picking profit over ESG investments as they try to catch up with their U.S. counterparts
Tesla Investors Brace for Worst Financial Report in 7 Years
Oilprice.com via Yahoo Finance Canada· 2 months agoTesla is slated to report earnings today and, as FT notes, investors are bracing for the "worst...
Shell Oil Revises its Climate Goals
Oilprice.com via Yahoo Finance Canada· 3 months agoShell Oil Company recently released a revised version of climate-related goals, pushing back near-term emissions goals as it focuses on its hydrocarbons portfolio.
Korea and Kazakhstan Partner to Probe Potential Lithium Goldmine
Oilprice.com via Yahoo Finance Canada· 4 months agoKazakhstan is positioning itself as a key global supplier of lithium, with significant reserves discovered and growing international interest in exploration and investment.
India’s Clean Energy Sector is Booming
Oilprice.com via Yahoo Finance Canada· 5 months agoMoney is pouring into the Indian green energy sector. After decades of sluggish growth for renewables in the subcontinent, the sector is finally receiving attention from investors in both the ...
Oil and Gas Prices Hold Steady Despite Red Sea Turmoil
Oilprice.com via Yahoo Finance Canada· 6 months agoSince mid-November, Houthi rebels in Yemen have significantly stepped up attacks on commercial shipping vessels in-transit via the lower Red Sea in retaliation for Israel’s war on Hamas in the ...
Cobalt's Unexpected Plunge Shocks Global Market
Oilprice.com via Yahoo Finance Canada· 8 months agoCobalt prices have plummeted due to a combination of oversupply from the Democratic Republic of the Congo, a slowdown in the battery market, and the rise of cobalt-free battery technologies.
EU Unveils Global Gateway To Rival China's Belt And Road
Oilprice.com via Yahoo Finance Canada· 8 months agoThe European Union has unveiled a series of multi-million-dollar deals under its Global Gateway program, aiming to provide an alternative to China's Belt and Road Initiative.
The Next Phase Of The U.S. Shale Revolution
Oilprice.com via Yahoo Finance Canada· 8 months agoMergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their acreage base....
Subsidies Spark Green Energy Gold Rush In Conservative Regions
Oilprice.com via Yahoo Finance Canada· 10 months agoThe Inflation Reduction Act's substantial federal subsidies are driving conservative states to embrace renewable energy projects and job opportunities.
