Chesapeake Energy Corp surged 8% in premarket trade Friday, after the company said it is suspending its quarterly preferred stock dividends in an effort to save cash. [MarketWatch] U.S. stocks are rising Friday as energy prices continue to climb and give a boost to energy companies. [ABC] Last year shattered 2014’s record to become the… Keep reading →
World Temperatures
Energy News Roundup: Chesapeake Surges, Markets Rally & 2015 Hottest Year On Record
By Conor O'SullivanSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: Shell Abandons Arctic, Climate Policy Changes May Not Be Enough & Energy Transfers-Williams Merger
By Conor O'SullivanShell has abandoned its controversial drilling operations in the Alaskan Arctic in the face of mounting opposition and an unsuccessful drilling season. [The Guardian] Countries provisioning climate change policies could still allow the world to heat up by more than 6 degrees Fahrenheit, a level that scientists say is likely to produce… Keep reading →
Ignoring Climate Change Is Risky Business
By EEnergy InformerA report on risk of inaction unlikely to change those still in denial The messenger of the news is sometimes as important as the message, if not more so. In that context, former New York City mayor Michael Bloomberg, former US Treasury Secretary Henry Paulson and former hedge fund manager and environmental activist Thomas Steyer… Keep reading →