Tag: energy
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The Yield – July 12, 2021
Episode 12 Value 4 Value podcastingListen to this podcast on PodFriend News Portfolio Update LowYield MediumYield HighYield Week -0.04% -0.32% -0.09% Month -0.04% -0.32% -0.09% 2021 +14.39% +13.55% +2.17% Dividends Podcasting 2.0 This is a Podcasting 2.0 compatible podcast. This means if you’re listening to this podcast on a Podcasting 2.0 compatible app you’ll have…
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Oil prices shaky amid OPEC indecision
OPEC hasn’t agreed to increase production which is keeping the price of oil elevated. Crude prices have advanced almost 60% this year, a surge powered by a revival in consumption of fossil fuels as vaccines roll out and major economies unlock. The Organization of the Petroleum Exporting Countries and its allies, led by Russia, have…
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Caterpillar will produce zero emission mining equipment for graphite mine in Quebec, Canada
Nouveau Monde Graphite Inc. and Caterpillar Inc. are pleased to announce that they have signed an agreement where Caterpillar will develop, test and produce zero-emission machines for the Mouveau Monde’s graphite mine with a view to becoming the exclusive supplier of an all-electric mining fleet for deployment at the mine by 2028. As a World First,…
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Crude oil prices hit it’s highest price in 2 1/2 years
The thinking I guess is that investors are pouring money into renewable energy generation and keeping oil production low. This would keep supply low during current and/or rising demand which will keep the price of oil elevated for the time being. I don’t think anyone can really tell what will happen over the next year…
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Eco-activist investors win at least 2 seats on Exxon board
This will have to be watched closely. Hopefully this doesn’t impact the profitability and the dividend of the company. An activist investor won at least two seats on the board of Exxon Mobil Corp. XOM 1.17% , a historic defeat for the oil giant that will likely force it to alter its fossil-fuel focused strategy…
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Exxon under attack from eco-activist investors
There is a group of shareholders that want Exxon to shift its focus away from oil and gas due to their concerns about climate change. I think there are enough oil companies already heading down that path and Exxon is correct in wanting to hold the course. They can dip their toes in the clean…