Saudi Arabia's Kingdom Holdings invested over $500 million in Russian energy companies around the time Russia...

Kingdom Holdings posted details of the transactions into Russian energy companies Gazprom, Rosneft, and Lukoil on Twitter on Sunday.

Myanmar executions revive pressure for more sanctions

BANGKOK (AP) — Recent executions of four democracy activists in Myanmar have reenergized efforts to get the United States and other countries to impose further sanctions against military leaders...

Energy companies with low or no dividends?

I’m currently in OXY, OXY warrants, and SHEL. I feel the energy situation will worsen over the coming years and want to position myself before winter. Preference to natural gas over oil. I’d be...

Saudi Arabia's Kingdom Holding invests in Russian energy companies

Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil between Feb. 22 and March 22, it said on Twitter on Sunday.

Stock Buybacks and Dividends Become a $1.5 Trillion Political Target

Companies in the S&P 500 will spend more than $500 billion on dividends this year. The huge sums, sometimes called “windfall profits,” have become a political target. The landmark climate and tax...

Stock Buybacks and Dividends Become a $1.5 Trillion Political Target

Companies in the S&P 500 will spend more than $500 billion on dividends this year. The huge sums, sometimes called “windfall profits,” have become a political target. The landmark climate and tax...

Illumina, ResMed fall; Broadridge, Humana rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Illumina Inc., down $19.12 to $208.33.The genetic testing tools company reported disappointing second-quarter...

India to miss renewable energy goal, officials, experts say

BENGALURU, India (AP) — India will miss its renewable energy target for the end of the year, with experts saying “multiple challenges” including a lack of financial help and taxes on imported...

Former UK PM Calls For Energy Utility Nationalization

Former UK PM Calls For Energy Utility Nationalization Authored by Irina Slav via OilPrice.com, A former British Prime Minister has called for the nationalization of energy utilities...

German ex-leader Schroeder sues to restore official perks

BERLIN (AP) — Former German leader Gerhard Schroeder is suing to restore the perks he enjoyed as ex-chancellor after he was stripped of them by parliament following criticism over his ties with...

The UK is in a muddle over windfall taxes and investment

Energy companies need long-term clarity to make plans

Politicians, energy experts, advocates on climate bill

Congress is expected on Friday to pass a major bill that includes close to $375 billion in spending related to fighting climate change. The bill, called the Inflation Reduction Act, will infuse...

Which energy firms met Boris Johnson

Vital statistics on power-generation firms suspected of having cashed in on high energy pricesBoris Johnson met executives from some of Britain’s biggest energy companies on Thursday to discuss...

Oil prices are down, but energy companies’ earnings estimates keep rising

Oil prices have fallen from a peak earlier this year. The price of a barrel of oil is currently at around $50 a barrel. Oil prices are expected to remain in the $50 to $60 range for the rest of...

Deep Dive: Oil prices are down, but energy companies’ earnings estimates keep rising

Oil company profits are gushing --- Exxon Mobil's more than tripled in the most recent quarter. And some companies have scope to increase their dividends.

Oil prices are down, but energy companies' earnings estimates keep rising

Oil prices have fallen from a peak earlier this year. The price of a barrel of oil is currently at around $50 a barrel. Oil prices are expected to remain in the $50 to $60 range for the rest of...

Boris Johnson warns energy firms soaring bills will damage sector

‘Extraordinary profits’ come under Treasury scrutiny amid cabinet tensions over further windfall taxesBoris Johnson has warned energy companies that sky-high bills will damage their business, at a...

UK meets energy firms but no help yet for hard-hit consumers

LONDON (AP) — British Prime Minister Boris Johnson and senior ministers held inconclusive talks Thursday with energy companies amid mounting pressure to help residents cope with soaring gas and...

Gordon Brown says energy firms unable to offer lower bills should be temporarily re-nationalised

Former PM calls for energy price cap to be scrapped and new lower prices renegotiated by governmentEnergy companies that cannot offer lower bills should be temporarily brought into public...

Millions Will Freeze This Winter; Or Fall Into Debt To Avoid Doing So"

"Millions Will Freeze This Winter; Or Fall Into Debt To Avoid Doing So" By Michael Every of Rabobank Yes, today is finally inflation day! Not high unit labor cost inflation day – that...

Buffett Boosts Occidental Stake Above 20%

Buffett Boosts Occidental Stake Above 20% Last week, when energy companies tumbled on renewed recession fears, we predicted that Warren Buffett would take advantage of this latest...

Learning from failures: How Biden scored win on climate plan

WASHINGTON (AP) — Over the last year, Joe Biden has been throwing pieces of his domestic agenda overboard in an effort to keep his presidency afloat. Free community college, child care funding,...

Business Highlights: Axios sold, Pfizer buying spree

___Axios Media is sold to Cox EnterprisesNEW YORK (AP) — Axios Media is being acquired by Cox Enterprises, which says it plans to push the online news provider into new markets while broadening...

Ryanair to appeal against Hungary's 'baseless' consumer protection fine

By Gergely Szakacs BUDAPEST - Budget airline Ryanair said it would appeal to the courts after Hungary fined it for passing on the cost of a special business tax, worth 800 billion forints ($2.1...

Energy companies urge UK to detoxify gas exports to EU

Businesses say ‘hazardous’ contaminants could force shutdown of subsea pipelines as supply crisis intensifies

The Senate just passed one of the biggest bills to fight climate change, ever

David Goldman/AP What’s in the “game changer” climate bill nobody saw coming. Editor’s note, August 7: This story was originally published on July 28, 2022, and has been updated to reflect...

Revolution Has Begun": 75,000 Brits To Stop Paying Power Bills Amid Inflation Storm

"Revolution Has Begun": 75,000 Brits To Stop Paying Power Bills Amid Inflation Storm The resistance is growing as more than 75,000 irritated people in the UK have pledged not to pay...

Supply shortages could mean delays in power restoration after storms

Florida's Emergency Management Director is warning new supply chain issues could lead to delays in power restoration after a major storm. The warning comes as the coast prepares for the peak of an...

Big Oil Is Paying Out Years of Dividends in One Day

-- Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day -- and sometimes more than that. While reporting second quarter...

Low water levels mean Rhine is days from being shut for cargo

Businesses along the river say drought means they are on the verge of having to shut productionGermany’s Rhine, one of Europe’s key waterways, is just days away from being closed to commercial...

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