Monday, October 13, 2025
Don’t ditch traditional energy stocks for solar just yet, two traders say- oil and gas 360

Don’t ditch traditional energy stocks for solar just yet, two traders say

CNBC It’s worth hanging onto traditional energy stocks despite the recent resurgence in solar names, two traders say. The popular Invesco Solar ETF (TAN) is up nearly 10% this week, helped in part by Enphase Energy’s surge after reporting record revenue for its third quarter. TAN is beating the Energy Select Sector SPDR Fund (XLE) in the past month, up almost 22% versus the XLE’s 8.5% gain,

Oil prices slide as U.S. instructs crude producers to increase output- oil and gas 360

Oil prices slide as U.S. instructs crude producers to increase output

World Oil Oil fell for a second day as one of the top energy diplomats in the U.S. urged producers to hike output. West Texas Intermediate declined 1.3%, falling for a second session. The global economy is facing an energy crisis, Amos Hochstein, the U.S. State Department’s senior adviser for energy security, said Thursday on a panel at a conference.

Biden’s greenhouse gas ‘crackdown’ will still allow flaring-oil and gas 360

Biden’s greenhouse gas ‘crackdown’ will still allow flaring

World Oil WASHINGTON (Bloomberg) –The Biden administration is poised to unveil a crackdown on methane leaks from oil and gas wells that will be its most consequential action yet to reduce greenhouse gases — but is still likely to disappoint climate activists. The Environmental Protection Agency is expected within days to propose requirements for plugging leaks at hundreds of thousands

U.S. Congress Democrats grill Big Oil in climate deception probe- oil and gas 360

U.S. Congress Democrats grill Big Oil in climate deception probe

Reuters WASHINGTON (Reuters) -The U.S. Congress on Thursday opened a year’s worth of investigations into whether Big Oil deceived Americans about its role in climate change, with Democratic lawmakers grilling the chiefs of four oil companies and two lobby groups. Source: Reuters   Environmental groups and their congressional allies hope the hearing evokes the Big Tobacco hearings of the 1990s,

Chesapeake Energy Corporation selects Nabors Industries as Preferred Drilling Contractor- oil and gas 360

Chesapeake Energy Corporation selects Nabors Industries as Preferred Drilling Contractor

Oil and Gas 360 Industry leaders align to innovate and accelerate the deployment of technology to drive the next wave of operational safety, efficiency and environmental performance gains OKLAHOMA CITY and HAMILTON, Bermuda, Oct. 28, 2021 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) and Nabors Industries Ltd. (NYSE: NBR) today announced they will enter into a contractual agreement, establishing Nabors as

Shell says break-up of group would not work in real life

Reuters LONDON (Reuters) – Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday. Activist hedge fund Third Point, which has built a large stake in Shell, on Wednesday called for the oil major to split into multiple

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 87 Bcf

Natural Gas Inventories as of October 22, 2021 The EIA has released its natural gas inventory report, showing a net increase of 87 Bcf as of October 22, 2021. Working gas in storage was 3,548 Bcf as of Friday, October 22, 2021, according to EIA estimates. This represents a net increase of 87 Bcf from the previous week. Stocks were