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Category: Energy

 

Iberdrola uses blockchain to ensure renewable energy supply

CNBC.COM
– Energy came from facilities located in the Basque Country and Andalusia. Major utility provider Iberdrola has used blockchain technology to “guarantee” that the...

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US crude drops 2.1%, settling at $50.51, pressured by bearish China data

CNBC.COM
– Oil prices fell on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consume. Oil prices fell on...

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Ford’s CEO says a ‘big surprise’ is coming next year with electric vehicles

CNBC.COM
– “We have 16 models that are in design and development. We have a pretty big surprise coming next year,” Ford CEO Jim Hackett...

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Canada plans its first geothermal power plant

CNBC.COM
– The facility is located near Estevan, in the province of Saskatchewan. The facility is located near Estevan, in the province of Saskatchewan, and...

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PG&E stock crashes 52% as utility says it will file for bankruptcy because of wildfires liability

CNBC.COM
– PG&E craters after it said it will file for bankruptcy protection amid financial anguish stemming from its role in California’s devastating wildfires. PG&E...

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PG&E Announces It Will File For Chapter 11 Bankruptcy After WildfireLiabilities

CBSLOCAL.COM
– Pacific Gas and Electric, facing billions of dollars in claims over the deadly 2018 Camp Fire, is headed to bankruptcy court. Pacific Gas...

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OPEC secretary general worried about trade war effect on China, India, oil demand’s ‘bright spots’

CNBC.COM
– OPEC Secretary General Mohammed Barkindo is largely optimistic over prospects of achieving a balanced oil market in 2019. OPEC Secretary General Mohammed Barkindo...

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Why the stock market is obsessed with oil prices

CNBC.COM
– Stock traders see the oil market as a sort of recession barometer, with crude volatility amplifying hopes and fears about Fed policy, U.S.-China...

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Trump ‘hasn’t been fair’ to OPEC, Oman’s oil minister says

CNBC.COM
– Oman’s oil minister thinks President Donald Trump has given OPEC some undue flak. But echoing other Gulf ministers, Mohammed bin Hamad al-Rumhi stressed...

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Saudi energy minister: Russia moving ‘slower than I’d like’ on oil cuts

CNBC.COM
– OPEC members, along with several non-OPEC countries like Russia, in December agreed on output cuts totaling 1.2 million barrels per day. OPEC members,...

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Abu Dhabi petrochemicals chief has his eye on North American shale

CNBC.COM
– While North American shale may be competition for OPEC members, some crude-exporting countries in the Arabian Gulf are simultaneously taking advantage of the...

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Futures Now: Crude rally looks to rage on

CNBC.COM
– “Futures Now” Scott Nations of NationsShares, Anthony Grisanti oF GRZ Energy discuss whether or not the crude rally could continue on with CNBC’s...

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