Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Joaquin Valley on April 24, 2020, near McKittrick, California. George Rose | Getty Images News | Getty Images Despite a grim demand outlook for energy as the coronavirus pandemic continues
Silvia Lucci, her husband (left), and son (right) are part of the family team behind LUHV Foods, and its successful outposts, such as their vegan deli at Philadelphia’s famed Reading Terminal Market. Julietta Lucci When Jennifer Rodriguez relocated to Philadelphia in the late ’90s, the once-bustling South Philly neighborhood of Italian Market was in decay.
Prince William photographed in Peterborough, England, on July 16, 2020. Kirsty Wigglesworth – WPA Pool | Getty Images News | Getty Images A £50 million ($64.54 million) prize focused on the environment was launched by Prince William on Thursday, with the Duke of Cambridge describing the next 10 years as “a critical decade for change.”
CNBC’s Jim Cramer on Friday said it’s time to start taking hydrogen energy seriously as the technology emerges as a reliable alternative energy source. “If you want to speculate on a sexy long-term story, I’m bullish on hydrogen,” the “Mad Money” host said. Cramer has been skeptical of bullish trading activity in red-hot speculative stocks,
An off-shore oil platform off the coast in Huntington Beach on Sunday, April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images SINGAPORE — A Biden presidency could bring 1 million barrels per day of Iranian oil back into the market, but lead to lower demand in the long run, an economist
Dan Yergin Jessica Rinaldi | The Boston Globe | Getty Images The U.S. could remain the world’s largest oil producer in five years, no matter who wins the election, and oil demand should come back strong after Covid-19. Dan Yergin, vice chairman of IHS Markit, explores these and other topics in a discussion with CNBC.
An Equinor employee talks to a reporter on a rig used to produce oil from the Johan Sverdrup oil field some 140 kilometres west from the town of Stavanger, Norway, on December 3, 2019. TOM LITTLE | AFP via Getty Images LONDON — A strike by workers in the Norwegian oil sector could soon wipe
Nikola founder Trevor Milton has sued a Utah businessman for defamation, accusing him of a “malicious campaign to harass” and discredit the billionaire by publicly accusing him over Twitter of sexually abusing women, according to the lawsuit filed Monday. David Bateman, the founder and CEO of software company Entrata, started tweeting about Milton in late September, posting
A Joe Biden win could mean clean energy stocks stay in the green. With the 2020 election less than a month away and the former vice president leading President Donald Trump in polls, clean energy stocks are trading like a Democratic victory is imminent, with the Invesco Solar ETF (TAN) up over 131% year to date
Energy stocks are showing rare strength this week as oil rallies. The XLE energy ETF is up 4% over the past two days, though remains down nearly 50% this year. The sector is easily the worst performer in 2020. Todd Gordon, founder of TradingAnalysis.com, said the group could slowly be turning a corner as the