Finance News – Fossil Fuels
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Australia’s top polluter bets on batteries as fossil fuel costs climb
A leading Australian energy provider is increasing its spending on large-scale battery storage to manage rising expenses associated with traditional coal and gas power generation.
Read Full Article →Trump to penalize India for buying Russian oil. Here’s how much it purchases.
India’s substantial imports of Russian crude oil have drawn attention from U.S. leadership, highlighting the financial implications amid ongoing international trade tensions and po...
Read Full Article →BP appoints new chair to oversee shift back to fossil fuels
The appointment of Albert Manifold as BP’s new chair signals a strategic realignment that may influence investor confidence and affect the company’s long-term capital allocation to...
Read Full Article →Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by Septem...
Imposing steep import duties on Russian goods may significantly impact major energy-importing nations like China, India, and Brazil, potentially disrupting their supply chains and...
Read Full Article →UK petrol prices poised to fall further as oil production may be stepped up
The potential increase in oil production by major producers is contributing to a decline in global crude prices, which could lead to reduced fuel costs and financial relief for con...
Read Full Article →When will Brookfield Renewable’s unit price catch a gust of wind?
Brookfield Renewable’s stock value reflects ongoing investor interest as the global shift from fossil fuels to clean energy continues to support the sector’s long-term economic pro...
Read Full Article →Profit slump revealed at Jim Ratcliffe-backed Petroineos ahead of major closure
Petroineos experienced a notable decline in earnings before the shutdown of its Grangemouth refinery, reflecting challenges related to market instability, disrupted supply chains,...
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