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...Edison cites a report by Wood Mackenzie which forecast Venture Global stands to gain $17.5bn from the short-term market sales, compared to $2.8bn it would receive under long-term contracts with foundation...
...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...At Goldman Sachs Asset Management International, which houses parts of the bank’s non-US money management business, the gap widened to 54.1 per cent from 51.3 per cent....
...Big tech stocks, including Microsoft, Apple and Alphabet, were among the biggest fallers on Monday, down 2 per cent, 2.1 per cent and 1.8 per cent respectively....
...According to the International Energy Agency, global power demand from data centres could surpass 1,000 terawatt hours by 2026....
...The scenarios we analyse in this report suggest that the answer is no.” 2....
...The number of encounters on the border hit 2.4mn. That’s up from about 1.7mn in the first year of Biden’s presidency, and even the monthly encounters hit a record level as recently as December....
...The headline consumer price index increased 3.5 per cent in the 12 months to March, up from a 3.2 per cent uptick a month earlier....
...Wall Street’s blue-chip S&P 500 stock index closed 1.2 per cent lower, its sharpest daily decline since the middle of February, while the tech-heavy Nasdaq Composite fell 1.4 per cent....
...Sentencing has been set for May 17, when Loudon faces up to five years in prison and a fine of up to $250,000....
...On Friday, benchmark Henry Hub contracts for March settled at $1.61 per mn British thermal units, up marginally from $1.58/mn Btu on Thursday....
...The firm is appealing against a class-action lawsuit that found it and other brokers liable for $1.8bn of damages over an alleged conspiracy to inflate sales commissions....
...Mounting Republican attacks on the White House’s handling of the US’s southern border — where so-called “encounters” have soared from 1.7mn a year to about 2.5mn since Biden took office in 2021 — and dark...
...On Wednesday Chevron shares fell 0.8 per cent while those of Exxon climbed 1.1 per cent....
...Chevron’s fell from $6.4bn to $2.3bn....
...NextEra shares rose almost 2 per cent in early trading....
...We will take a hard look at the effects of LNG exports on energy costs, America’s energy security, and our environment,” the president said in announcing the halt, which will stop progress for at least 17...
...The two Europe-based energy majors on Wednesday said authorities in the US state had allowed them to “reset” a 2022 arrangement to deliver power from their unbuilt 1.26-gigawatt Empire Wind 2 project “in...
...(Myles McCormick) 2....
...BP and Equinor had agreed to sell renewable energy credits from the 1,260MW Empire Wind 2 phase of the project at a strike price of $107.50 a megawatt-hour....
...(In some places prices are much lower: at some stations here in Texas they are closer to $2 a gallon)....
...The latest PCE data, out on Friday, show energy goods and services fell 2.7 per cent over the course of November, leading to an outright drop in headline prices of 0.1 per cent....
...That figure — up from 2.4mn the previous year and 1.7mn in 2021 — includes migrants who approach a port of entry to seek asylum as well as those detained after an unauthorised border crossing....
...Voters have been giving Biden low marks on his handling of the economy for months, even though the rise in the annual consumer price index has now eased to 3.2 per cent from a peak of 9.1 per cent in June...
...The figure is up from 2.4mn in 2022 and 1.7mn in 2021....
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