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Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Energy Sector Update for 04/18/2023: SLCA, SSL, SHEL, XLE, USO, UNG

Energy stocks were slipping premarket Tuesday with the Energy Select Sector SPDR Fund (XLE) recently declining by 0.14%. The United States Oil Fund (USO) was

Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts
Business

Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts

Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting their own barrels at market

Berkshire Hathaway's Energy Idea Is a Bad Fit for Texas
Finances

Berkshire Hathaway's Energy Idea Is a Bad Fit for Texas

Proposed changes to the state’s power market undermine its competitive, market-based design. Source link

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
Finances

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link

Fossil-Fuel Veterans Find Next Act With Green Hydrogen
Business

Fossil-Fuel Veterans Find Next Act With Green Hydrogen

Executives see similarities between the nascent industry and the early days of liquefied natural gas. Source link

JPMorgan, Delta, Amazon: Stocks That Defined the Week
Finances

JPMorgan, Delta, Amazon: Stocks That Defined the Week

Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Finances

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Business

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Serica Energy (SQZZF) Declares $0.14 Dividend

Serica Energy said on April 13, 2023 that its board of directors declared a regular semi-annual dividend of $0.14 per share ($0.28 annualized). Previously, the

Teck Resources Again Rebuffs Glencore's $23 Billion Approach
Business

Teck Resources Again Rebuffs Glencore's $23 Billion Approach

The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link