Fossil Fuel Companies Earn $281 Billion Since Ukraine War – Global Witness Data

Fossil Fuel Companies Earn $281 Billion Since Ukraine War – Global Witness Data

According to “Global Witness” data, such oil companies as BP, “Shell”, “Chevron”, “ExxonMobil” and “TotalEnergies” have earned 281 billion dollars since the beginning of the war in Ukraine in February 2022. British companies BP and “Shell” have earned a total of 94.2 billion dollars since February 2022. According to Global Witness, this amount is enough … Read more

Warren Buffett Trims Berkshire Hathaway’s Apple Stake, Increases Holdings in Oil Companies

Warren Buffett Trims Berkshire Hathaway’s Apple Stake, Increases Holdings in Oil Companies

Best Newspaper Editor’s Article Analysis of Berkshire Hathaway’s 13F Filing: Warren Buffett’s Investment Moves Revealed Berkshire Hathaway, the highly esteemed investment vehicle led by Warren Buffett and his team, recently filed its fourth-quarter 13F, giving investors and enthusiasts a glimpse into the decision-making process of the greatest investors of our time. In this quarterly filing, … Read more

Unions Preparing for Full-Scale Strike at Australian LNG Plants, Threatening Global Gas Supplies

Unions Preparing for Full-Scale Strike at Australian LNG Plants, Threatening Global Gas Supplies

At both facilities, which account for more than five percent of global LNG supplies, unions are now preparing for a full-scale strike. Australia is the largest exporter of LNG in the world. Hundreds of workers at the two facilities began what have been brief strikes on Friday last week, as five days of negotiations over … Read more

Market Updates: Nasdaq 100 Slightly Up, Investors Await Fed Statements and Earnings Reports

Market Updates: Nasdaq 100 Slightly Up, Investors Await Fed Statements and Earnings Reports

NEW YORK IG sees the Nasdaq 100, which has been doing much better since the beginning of the year and has recently been weakening, up 0.3 percent at 15,468 points. The interest rate decision by the US Federal Reserve is on the agenda for Wednesday. It is widely expected to raise interest rates again. However, … Read more

“Chevron Stock Analysis: Why Buying Strategy Is Desirable in 2021”

[이데일리 유재희 기자] Regarding Chevron (CVX), an oil and natural gas producer, it is evaluated that a buying strategy is desirable, saying that it will be able to benefit from rising oil prices due to oil shortages. According to CNBC, an American economic media outlet, on the 23rd (local time), HSBC analyst Kim Fusteer raised … Read more

Exxon boss: EU energy policy? This is madness. We prefer to stay back from Europe | Newstream

The CEO of the American oil company ExxonMobil Darren Woods criticized the energy policy of the European Union. According to him, it has gone too far and punitive measures against fossil fuels in Europe are now forcing the big energy companies to reconsider their plans and possibly invest elsewhere. Woods said this at the annual … Read more

Eastern Mediterranean Gas: Increasing Discoveries, Demand and Interest

Our readers are Twitter users You can now follow the latest news for free through our Twitter accountClick here to subscribe Interest in eastern Mediterranean gas increased during the year 2022; Due to the high European demand following the embargo imposed by these countries on Russian oil supplies, due to the invasion of Ukraine. What … Read more

The profits of the oil companies Exxon Mobil and Chevron increased significantly in the quarter

Profit Exxon per share was $ 4.68, analysts were expecting a profit of just $ 3.89 per share. Revenue increased 52 percent to $ 112.07 billion. Exxon spent $ 5.73 billion last quarter on developing new oil and gas projects. It was 24 percent more than last year. For the full year, the company expects … Read more

Quarter loss Master. Buffett’s firm, Berkshire, lost nearly $44 billion

Operating profit, which Buffett sees as a better indicator of a company’s performance, rose 39 percent year over year to $28 billion in the quarter. The performance of reinsurance companies and BNSF’s rail division in the conglomerate’s portfolio offset the loss of insurer Geico, where a shortage of auto parts and higher vehicle prices increased … Read more

Amazon and Apple boosted closes on Wall Street

The New York Stock Exchange on Wall Street Wall Street got off to a stable start to a packed week. Investors are eagerly awaiting various quarterly figures from American companies and the Fed’s interest rate decision. – (Photo: AP) – – – – Frankfurt, New York Optimistic prospects from the two technology groups Amazon and … Read more