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Register now for FREE unlimited access to Reuters.com RegisterRNG, or biogas, is gas captured from organic waste in landfills or farms. BP has offered $26 in cash for each Archaea share, or $3.3 billion, and will take on about $800 million of net debt. The deal will double the expected earnings before interest, taxes, depreciation, and amortization (EBITDA) from biogas to around $2 billion by 2030, BP said. BP plans to invest $1.7 billion in the business by 2027 to accelerate its growth which will not change BP's overall capital expenditure plans, Looney said. BP plans to spend $14 to $16 billion in 2022, the majority of which going towards oil and gas.
At the same time, odds for a Republican sweep on Nov. 8 have risen. Individual solar and other renewable names are also down sharply, like First Solar, which is in the Strategas Democratic portfolio. Clifton said his portfolios are pointing to a 60% chance of a Republican sweep, while betting markets are at 50/50. Among the holdings in the Republican portfolio are companies that would benefit from distribution and transportation of oil and gas, like Enterprise Products Partners. "The market is increasingly pricing in a Republican sweep.
Unpredictable weather has long complicated wind and solar power generation. Now companies are turning to increasingly sophisticated computer models to cut costs and produce energy more efficiently despite fluctuations. Compared with a coal, gas or nuclear plant, wind and solar facilities produce a dizzying amount of data that utilities are struggling to put into use. Each solar panel and each wind turbine sends out its own data on electricity output, unlike with a traditional power plant. Utilities...
After a vicious week for stocks CNBC Pro found some stable value names that pay healthy dividends to help traders bolster their portfolios. With this in mind, CNBC Pro screened the Russell 1000 value index for stocks that could help investors find income and gain some stability. The stock also has a low three-year beta of 0.7. What's more, the company pays a 3.4% dividend yield, offering investors some income as well as stability. It has a low three-year beta of 0.7.
REUTERS/Nick OxfordSept 21 (Reuters) - U.S. natural gas futures jumped about 4% to a near one-week high on Wednesday, on forecasts for stronger U.S. gas demand this week than previously expected and renewed worries about a possible U.S. rail strike. A rail strike could boost demand for gas by threatening coal supplies to power plants. Gas prices rose despite expectations gas demand would decline next month when the Cove Point liquefied natural gas (LNG) plant in Maryland shuts for a couple weeks of maintenance in October. Global gas prices have soared due to supply disruptions and sanctions linked to Russia's Feb. 24 invasion of Ukraine. With the coming of cooler autumn weather, Refinitiv projected average U.S. gas demand, including exports, would slip from 92.3 bcfd this week to 89.8 bcfd next week.
The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. "Sanctions on Russian titanium would hardly harm Russia, because they only account for a small part of export revenues there. In March, Airbus said it "is directly sourcing titanium from Russia as well as from other countries" and indirectly acquiring Russian titanium via suppliers. On Tuesday, it reaffirmed this in answer to a Reuters query but declined to say when it had last received Russian titanium. Last month, Boeing said it had suspended buying Russian titanium.
Property taxes : Tax liabilities vary from state to state and within each state, amounts can differ from town to town. : Tax liabilities vary from state to state and within each state, amounts can differ from town to town. Some of these costs include lawn care, landscaping, trash pickup, and minor fix-ups. Some of these costs include lawn care, landscaping, trash pickup, and minor fix-ups. : Amounts vary based on whether it is heating or cooling season, but homeowners still must take these costs into account.
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