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Petrofac Shares Rise as Joint Venture Provisionally Awarded $1.5 Bln Algeria Contract

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Biden vetoes bid to reinstate tariffs on solar panel imports from Southeast Asia

President Joe Biden on Tuesday vetoed a congressional resolution that would have reinstated tariffs on solar panel imports from Southeast Asia, settling for now a long-running dispute over whether to punish China for trad...

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Here’s how to play oil-industry stocks for long-term growth of 20% or more

Oil producers continue to underinvest in supply, and daily usage levels are expected to hold up for many years, even with the transition to electric vehicles.

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EV usage is surging in Norway, and the electric grid ‘isn’t collapsing’: New York Times

Norway could be a testing ground for how electric vehicles can be sustained and maintained, says a New York Times report.

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Senate Democrats seek to make Republican colleagues answerable for cuts to popular federal programs proposed by House GOP

Moody's Analytics has estimated that the Republican debt-ceiling bill would cause 790,000 job losses next year, and the chief economist at Moody's has said the likelihood of a recession would be meaningfully increased .

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Solar power: Congress votes to reinstate tariffs aimed at China, though Biden vows veto

House and Senate vote to reinstate tariffs on solar imports from Southeast Asia, a rebuke of Pres. Biden's aim to cut emissions created by burning fossil fuels.

Aker Solutions 1Q Rev NOK11.4B

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Fossil Fuel Says It Can Be Part of Clean Future. ExxonMobil Is on Board.

Both energy companies and the coal-rich state of West Virginia are counting on carbon sequestration to help reduce carbon dioxide emissions even while continuing use of fossil fuels.

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Why this might be a good time to buy junk bonds

Improved credit quality, expectations for a mild recession or soft economic landing and current valuation discounts all bode well for high-yield bonds.

Petrofac Gets Contract for Lithuanian Refinery Upgrade

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Caterpillar Crushes Estimates but the Stock Isn’t Budging. Economic Angst Is Too High.

The construction-equipment maker reports first-quarter earnings of $4.91 a share on sales of $15.9 billion and beats bottom- and top-line estimates.

Petrofac's 2022 Pretax Loss Widened as Performance Was Hurt by Legacy Portfolio

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Electric vehicles will cut oil demand by 5 million barrels a day as soon as 2030: IEA

EVs are set to expand their share of the global automobile market to nearly 20% this year, pushing the energy sector toward a much larger reimagining, a leading energy-industry coalition said Wednesday.

Small Towns Chase America's $3 Trillion Climate Gold Rush -- Commodities Roundup

Petrofac Extends $252 Mln Bank Facility

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LPL Financial Picks Up $450 Million Raymond James Team

The team is the 30th to join LPL Financial’s Strategic Wealth Services since the company launched the program in 2020.

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Can AI’s ‘iPhone moment’ boost these flagging semiconductor stocks?

Big suppliers to the chip industry will kick off semiconductor earnings this season.

Tekmar Group Completes Strategic Review, Ends Formal Sale Process

Utilities Shares Climb as Traders Embrace Defensive Sectors -- Utilities Roundup

Hioki EE Shares Rise Sharply After First-Quarter Profit Increase