Text size JOSH EDELSON / AFP via Getty Images Centrica’s shares soared more than 17% after it agreed to sell Direct Energy, its North American energy business, to NRG Energy for $ 3.6 billion in cash. Houston-based Direct Energy provides electricity, natural gas, and home services to consumers and businesses …
Read More »Microsoft, Starbucks and Nike choose to show and tell to drive others to achieve zero net carbon emissions
Microsoft has partnered with Unilever, Starbucks, Nike, and a handful of other global companies that seem to have little in common with established plans to reduce carbon pollution, and what its executives say is a willingness to teach others how to achieve emissions. net zero. 2050. The companies, which also …
Read More »Oil prices rise more than 3% to a maximum of four months as the EU agrees on the stimulus package
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 »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 »Oil prices hit 4-month high as US crude oil supply registers biggest decline of the year and OPEC + reduces production cuts
Oil futures rose on Wednesday to mark their biggest settlement in more than four months, fueled by the largest weekly decline in U.S. crude supplies so far this year, even as an OPEC + committee arrived to an agreement to reduce record production cuts from next month. “Any move by …
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