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Can the Oil-and-Gas Industry Crack Geothermal Energy?
Finances

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
Business

Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy

Riyadh needs to keep prices high enough to fund grandiose gigaprojects. Source link

OPEC+ Oil Market Move Less Surprising Than It Seems
Finances

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
Business

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
Finances

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

Glencore Returns to Acquisitions With Offer for Canadian Miner Teck
Business

Glencore Returns to Acquisitions With Offer for Canadian Miner Teck

Business The offer is one of the largest mining takeover attempts in several years Source link

Japan Breaks With U.S. Allies, Buys Russian Oil Above Cap
Finances

Japan Breaks With U.S. Allies, Buys Russian Oil Above Cap

Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations. Source link

Oil Sputters as Bank Fears Are Weighed Against China Hopes
Finances

Oil Sputters as Bank Fears Are Weighed Against China Hopes

The risks of a U.S. recession are clouding Wall Street’s outlook for crude prices. Source link

Coal Prices Tumble While Use of Wind Power, Solar Energy Leaps Ahead
Finances

Coal Prices Tumble While Use of Wind Power, Solar Energy Leaps Ahead

Markets Warm winter weather allowed coal to pile up at power plants, alleviating shortages Source link

Exxon's Climate Opponents Were Infiltrated by Massive Hacking-for-Hire Operation
Business

Exxon's Climate Opponents Were Infiltrated by Massive Hacking-for-Hire Operation

A charity created by some Rockefeller heirs is among the groups targeted by hackers. The oil giant hasn’t been accused of wrongdoing. Source link