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Mexican Government to Buy Power Plants From Spain's Iberdrola
The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says. Source link
Tuesday Sector Laggards: Energy, Materials
The worst performing sector as of midday Tuesday is the Energy sector, showing a 2.3% loss. Within that group, Valero Energy Corp (Symbol: VLO) and
Can the Oil-and-Gas Industry Crack Geothermal Energy?
Markets Heard on the Street Geothermal energy has been a neglected corner of renewable energy because of its high cost and high risk profile Source
Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy
Riyadh needs to keep prices high enough to fund grandiose gigaprojects. Source link
Buy These Clean Energy Stocks, Morgan Stanley Says, Forecasting Over 100% Upside
Right now, we’re at the cusp of a world-changing shift in the green energy economy, as both social and political will have come together to
Dow kicks off April with swashbuckling gains as energy rallies By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The Dow ended higher Monday, as energy stocks soared on rising oil prices, while tech recovered the bulk
Morgan Stanley Initiates Coverage of Enphase Energy (ENPH) with Equal-Weight Recommendation
On April 3, 2023, Morgan Stanley initiated coverage of Enphase Energy with a Equal-Weight recommendation. Analyst Price Forecast Suggests 43.11% Upside As of March 30,
OPEC+ Oil Market Move Less Surprising Than It Seems
The latest output cut took the markets by surprise, but conditions might have justified it. Source link
Saudi-Led Oil Producers to Lower Output Further
The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.
Oil Prices Jump as Saudi-Led Group Plans Output Cuts
A potential U.S. recession and demand from China will help determine whether crude pushes even higher. Source link