Oil futures rose sharply on Tuesday, setting prices for their biggest settlement since early March, as markets become more positive about the world’s ability to tackle the COVID-19 pandemic that has crushed oil demand. and its by-products. A landmark stimulus package forged by the 27-nation European Union after marathon negotiations …
Read More »Greta Thunberg plans to give away a prize of one million euros
Greta Thunberg in a photograph taken in Geneva, Switzerland on August 8, 2019. FABRICE COFFRINI | AFP | fake pictures Climate activist Greta Thunberg plans to donate a € 1 million ($ 1.14 million) award to organizations focused on the environment and climate change. The 17-year-old Swede was named winner …
Read More »Oil gains, with prices holding above $ 40 after positive results from coronavirus vaccine test
Oil finished higher on Monday, with prices staying above $ 40 a barrel as positive test results for a coronavirus vaccine helped offset concerns about energy demand linked to the surge in global cases of COVID-19 above 14.5 million. Risk appetite received a boost “following news that a coronavirus vaccine …
Read More »The advance of solar energy creates electricity from invisible light
Two major advancements in solar cell technology could vastly improve the way energy is extracted from the sun. The two studies, published in Natural energy and Nature PhotonicsAccording to scientists, it will transform efficiency and significantly reduce the cost of producing solar cells. The first advance is to “convert” low-energy, …
Read More »Chevron to buy Noble Energy for $ 5 billion, the largest oil deal since the pandemic
Noble shareholders will receive Chevron shares in this share transaction. Chevron’s shares held steady in pre-trade. The US oil and gas shale industry has been hit hard during the pandemic. Demand has dropped when people stopped traveling and traveling. And energy prices fell as a global oil stagnation in a …
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