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NEW YORK, Jan 27 (Reuters) – A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations that are seen as still comparatively cheap. The S&P 500 energy sector (.SPNY) is up 4.2% year-to-date, slightly lagging the … Read more
“This is not a trivial task, and common to all discussions about nuclear energy generation is the ever-present question of waste. Now would be a good time to ask ourselves questions concerning our future waste policy. “Delivery of nuclear energy is a complex process, and we must aim to understand the whole lifecycle if we … Read more
U.S. President Joe Biden has previously singled out Exxon Mobil for making “more money than God” last year. Brandon Bell | Getty Images Some of the world’s largest oil and gas companies are poised to report record annual profits, raking in extraordinary revenues following a year of volatile fossil fuel prices amid Russia’s onslaught in … Read more
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SINGAPORE, Jan 26 (Reuters) – Oil prices were steady on Thursday after U.S. crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products. Brent crude futures rose 16 cents, or 0.2%, to $86.28 per barrel by 0745 GMT. … Read more
Chevron last month reported its second-highest quarterly profit ever. Justin Sullivan | Getty Images News | Getty Images Energy giant Chevron announced a $75 billion stock buyback program and a dividend hike on Wednesday evening. Shares of Chevron were up more than 2% in extended trading. The buyback program will become effective on April 1, … Read more
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WASHINGTON/PORT OF SPAIN, Jan 24 (Reuters) – The Biden administration has granted a license to Trinidad and Tobago to develop a major gas field located in Venezuelan territorial waters, U.S. and Trinidad officials said on Tuesday, marking a further easing of some sanctions on Venezuela. The license, issued by the U.S. Treasury Department at Trinidad’s … Read more
While a cup of coffee can start your morning with a bang, there’s an easy, two-minute activity that will jumpstart your metabolism and give you more energy throughout the day. Uber investor Sahil Bloom developed the 5-5-5-30 morning exercise routine that takes only two minutes and has been scientifically shown to improve your attention, concentration, … Read more
Oil futures rose Tuesday, underpinned by continued optimism over the demand outlook from China after the country dropped COVID restrictions. Natural-gas futures extended a bounce after forecasts pointed to a turn back to colder U.S. weather. Price action West Texas Intermediate crude for March delivery CL00, +0.47% CL.1, +0.47% CLH23, +0.47% rose 23 cents, or … Read more
Environmental advocates are hoping that this is the year that New York will get gas and oil out of its buildings. Some 200 activists are expected to rally in Albany Tuesday for a package of legislation to help electrify the state’s buildings as New York attempts to hit ambitious climate goals set in 2019. At … Read more
Last fall, a report by the Kaiser Family Foundation found that nine out of 10 adults believe the United States is experiencing a mental health crisis. New data in Virginia is proving them right. Michael Paul Williams is joined by Richmond Times-Dispatch reporter Lyndon German and photojournalist Eva Russo who share their first-hand experience … Read more