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Nationalism on Natural Resources Is Surging, and Could Spell Danger for Commodities
Countries rich in natural resources have become increasingly protectionist over the past year as Covid-19 threatened their economies, a new study has shown.
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A Sand Shortage? The World Is Running Out of a Crucial — But Under-Appreciated — Commodity
The world is facing a shortage of sand — and climate scientists say it constitutes one of the greatest sustainability challenges of the 21st century.
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Biden Climate Envoy John Kerry Talking to Banks, Asset Managers About Mobilizing Capital for Clean Energy
The private and public sectors must collaborate to combat climate change by investing in sustainable energy and technology, Biden climate czar John Kerry said.
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U.S. Oil Production Won't Return to Pre-Pandemic Levels, Says Occidental CEO
Occidental CEO Vicki Hollub says the recovery in crude oil demand is happening faster-than-expected, but she doesn’t see a return to pre-Covid levels in the US.
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Oil Prices Jump as OPEC+ Keeps Production Largely Steady, Saudi Arabia Continues Voluntary Cut
Oil prices jumped on Thursday after OPEC and its oil-producing allies said the group would keep production largely steady through April.
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CEO of Commodities Giant BHP: Global Economic Outlook ‘Stronger Than We Were Expecting'
Mike Henry, who leads one of the world’s largest metals producers, talks with CNBC’s David Faber about the economy, the Covid pandemic and climate change.
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Murban Futures Aim to Consolidate UAE Position as Global Oil Power, But Uptake May Take Time
Abu Dhabi is about to make a major change to its oil pricing, but experts say other big Gulf producers might be slow to follow.
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FedEx Pledges $2 Billion Toward Carbon-Neutral Operations by 2040, Aims for All-Electric Fleet
Logistics giant FedEx said on Wednesday that it aims to replace all of its parcel pickup and delivery vehicles with a sustainable electric fleet by 2040.
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In the UK, Scientists Are Using Drones to Pick the Best Spots for Tidal Power Installations
There is excitement around the potential of tidal power, but work needs to be done to ramp up capacity.
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A Major Chinese Bitcoin Mining Hub Is Shutting Down Its Cryptocurrency Operations
Bitcoin mining consumes more energy per year than entire countries and China is looking to clean up its consumption.
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Volvo Says It Will Be ‘Fully Electric' by 2030 and Move Car Sales Online
Volvo Cars becomes the latest firm to detail plans for a future centered around electric mobility.
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Saudi Arabia and Russia Are at Loggerheads Again, But OPEC Meeting ‘Unlikely to Ruin the Oil Party'
Analysts broadly expect OPEC+ to hike output from current levels, but questions remain over how much exactly and which countries will be affected.
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Two S&P 500 Sectors Are on a Hot Streak, But Oppenheimer Analyst Sees One Clear Winner
The two best performing sectors last month – energy and the financials – have continued their run into March. One is the better bet, Oppenheimer analyst says.
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The Value Trade Is Running ‘Way Too Far and Way Too Fast' for This Stage of the Reopening, PNC Strategist Says
The major indexes may be kicking off the month in rally mode, but PNC Financial’s Amanda Agati sees trouble under the hood.
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Exxon Shares Jump as Activist Investor Jeff Ubben Joins the Board
Jeff Ubben and Mike Angelakis have joined Exxon’s board of directors as the oil giant faces shareholder pressure.
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Major Offshore Wind Farm Using 187-Meter High Turbines Starts to Produce Power
The U.K. is a world leader in the offshore wind sector.
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Human Waste Could Soon Be Used to Heat New Homes in London
The project could provide power to over 2,000 homes in Kingston upon Thames.
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Texas Freeze Helps Rival Oil Exporters Like Saudi Arabia ‘Tremendously,' May Influence OPEC Decisions
Analysts estimate the total volume of oil lost to the Texas winter storm at anywhere between 18 million and 40 million barrels.
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China Lays Down Another Marker in the Offshore Wind Sector, Accounting for Half of Last Year's Installations
Europe is the largest market for offshore wind, but the Asia-Pacific region is catching up.
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Bill Gates: Nuclear Power Will ‘Absolutely' Be Politically Acceptable Again — It's Safer Than Oil, Coal, Natural Gas
Bill Gates says nuclear power will “absolutely” be politically palatable again. It’s safer than oil, coal, and natural gas and technology is improving.