Tag: energy
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Thailand bets on rooftop solar to guard against LNG price shocks
BANGKOK, Sept 2 : Thailand will help 1 million households install 5 gigawatts of rooftop solar panels within a year to shield citizens from soaring energy prices driven by the Iran war, Energy Minister Akanat Promphan said on Wednesday.The move, financed by a 200 billion baht ($6.01 billion) energy transitio
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Berkshire CEO Abel sees opportunity for energy business from AI
NEW YORK, Sep 2 : Berkshire Hathaway Chief Executive Greg Abel said on Wednesday he sees significant opportunities for the conglomerate’s energy business from the buildout of AI data centers, after Berkshire made Google parent Alphabet its third-largest common stock holding.Speaking on CNBC, Abel said he vie
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Energy Secretary Chris Wright tells CNBC more than 17 million barrels of oil transited Hormuz on Monday
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuwatch nowVIDEO02:29Energy Sec. Wright: More than 17 million barrels of oil transited through Strait of Hormuz on MondaySquawk Box More than
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Thailand backs rooftop solar to guard against LNG price surges, minister says
BANGKOK, Sept 2 : Thailand will help the public install 5 gigawatts of rooftop solar panels within a year to shield a million homes from soaring energy prices driven by the Middle East conflict, Energy Minister Akanat Promphan said on Wednesday. The plan will use financing from a 400 billion baht ($12.02 bil
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Chevron will expand Venezuela operations, more than doubling production through $7 billion investment
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuThe logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018.Marco Bello | Reuters Chevron announced
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Oil major BP completes search for chair after boardroom upheaval
BP on Wednesday formally appointed Ian Tyler as chair after a surprise dismissal of former chairman Albert Manifold sparked boardroom turmoil.
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Germany news: Explosive device found near power plant
Police say they found an “unconventional explosive and incendiary device” near the Jänschwalde power plant in Brandenburg. Meanwhile, Germany’s top diplomat says Algeria could become an important supplier of gas.
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Germany news: FM says Algeria can provide gas supplies
The top diplomat called for Germany to further diversify its energy sources given the crisis in the Strait of Hormuz and its impact on fuel prices. He said Algeria could become an important supplier of gas in the future.
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Indian PM Modi implores Putin to end Ukraine war amid U.S. tariff threat on Russian oil
Indian PM Narendra Modi has urged Russia to end the Ukraine war and to cease hostilities.
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The $3 trillion oil market has just gotten more accessible than ever: No longer a ‘rich man’s game’
Oil trading is becoming more accessible to individual investors as smaller futures contracts, ETFs and online brokerages lower longtime barriers to the market.
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