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Energy Is Now Outperforming But ‘Is No Longer a Buy-And-Hold Sector,' Trader Says
Energy is the top-performing sector this year, but it’s losing appeal as a long-term investment, two traders say.
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General Motors Unveils EV Van as Part of New Commercial Business Unit
The EV600 van will be the first vehicle under a new commercial business unit within GM called BrightDrop.
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As Priorities Shift, World's Largest Cement Firm Inks $3.4 Billion Deal to Focus on Solar, Green Roofs
Acquisition represents latest example of how the building industry is changing.
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Daimler's Mercedes-Benz Triples Its Electric Car Sales as CEO Predicts a ‘Transformative' Decade
Speaking to CNBC, the automotive giant’s CEO emphasized the importance of low-emission technologies.
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Japanese Shipping Giant Partners With Marine Energy Firm to Scope Hybrid Wave and Wind Projects
The collaboration will look to identify areas where marine energy systems can be deployed.
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Oil Prices Expected to Struggle Despite Saudi Cuts, But Goldman Is More Bullish Than Most
Goldman Sachs sees demand rebounding by March, with the arrival of warmer weather and increased vaccinations.
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UK Auto Sales Hit Lowest Since 1992 Despite Electric Cars Posting ‘Best-Ever Year'
The U.K.’s best selling car in December 2020 was the Tesla Model 3.
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End of Qatar Blockade Is ‘a Win for the Region,' Saudi Foreign Minister Says
The Al-Ula declaration resolves all of the outstanding issues that Qatar and other Arab nations had, said Faisal bin Farhan al-Saud, Saudi’s foreign minister.
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Saudi Arabia and Its Allies Restore Diplomatic Ties With Qatar After Three-Year Rift
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt had imposed a diplomatic, trade and travel blockade on Qatar, accusing it of supporting terrorism.
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Oil Jumps, Breaks Above $50 for the First Time Since February as Saudi Arabia Announces Voluntary Cuts
Oil prices jumped to their highest level in nearly a year on Tuesday.
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UK's Geothermal Sector Gets a Boost With Deal to Power Thousands of Homes
While the geothermal industry in the U.K. is nascent, it is more developed elsewhere.
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Goldman Names the Big Oil Stocks It Says Have a 20% Upside
Optimism around vaccines and a macro economic recovery is behind energy stocks’ improved performance, Goldman said.
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GE's Giant Turbines Will Power Final Phase of the ‘World's Biggest Offshore Wind Farm'
The Dogger Bank Wind Farm will have a total capacity of 3.6 gigawatts when completed.
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A ‘World First' Project to Heat Homes Using Renewable Hydrogen Gets the Green Light
The way we heat our homes could be on the cusp of a significant shift as technology develops.
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Tesla VC Investor Tim Draper Bets Jetpack Suits and Flying Motorcycles Are the Next Frontier in Human Flight
VC investor Tim Draper has invested in start-ups developing human jetpack suits and flying motorcycles via VTOL technology enabling human propulsion.
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Biden Energy Secretary Pick Jennifer Granholm Has Past Ties to Utilities, Chemical Companies
Jennifer Granholm, Joe Biden’s expected pick for Energy secretary, has past ties to energy and chemical firms.
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U.S. Energy Secretary Sees Middle East Oil and Gas Security in Pipelines, Not Tankers
Outgoing U.S. Energy Secretary Dan Brouillette visited Abu Dhabi to discuss regional energy security with counterparts from the UAE, Bahrain and Israel.
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Market Winners Suggest ‘Nobody Cares' Fundamentals Are Rebounding, All-Star Investor Rich Bernstein Says
Institutional Investor Hall of Famer Richard Bernstein, who runs Richard Bernstein Advisors, sees unique opportunities in 2021.
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U.S. Shale Should Be Worried About ‘Very Aggressive' Policies Coming From Washington, Energy Secretary Says
Joe Biden has pledged to pursue “aggressive emissions reductions,” pursuing a climate-focused agenda that aims to reduce fossil fuel dependence.
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Construction Sites Worldwide Attempt to Harness Automated Tech and Other Innovations
From the U.K. to Brazil, firms are deploying a range of tech.