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FinPrep

@finprep

Financial Preparedness Blog

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FinPrep
@finprep Mar 14, 2020, 10:41 PM UTC

Hydrogen: The Secret To Commercializing Nuclear Fusion

https://d32r1sh890xpii.cloudfront.net/article/718x300/2020-03-13_qyfceaihx9.jpg Scientists around the world are racing towards a green energy solution that is cheap, efficient, and scalable enough to…

48 upvotes 1 downvotes 0 replies $0.10
FinPrep
@finprep Feb 14, 2020, 1:12 AM UTC

Oil Giant Cuts 2020 Budget By 11% As Prices Bite

https://d32r1sh890xpii.cloudfront.net/news/718x300/2020-02-13_upqecvczlj.jpg Marathon Oil has budgeted $2.4 billion for this year in what it called disciplined total capital budget, which was 11 perc…

45 upvotes 2 downvotes 0 replies $0.04
FinPrep
@finprep Feb 13, 2020, 1:07 AM UTC

A Third Of Fossil Fuel Assets May Soon Be Stranded

Fossil fuel companies hold vast oil, gas and coal riches that they frequently tout to the investing universe to help elevate their market values. However, not a single energy company has ever told in…

48 upvotes 2 downvotes 1 replies $0.05
FinPrep
@finprep Feb 7, 2020, 11:49 PM UTC

Here’s What To Watch After Bitcoin’s Breakout

https://specials-images.forbesimg.com/imageserve/5e34f4daa854780006b03275/960x0.jpg?fit=scale One month ago, I showed how Bitcoin had been trading in a channel pattern for nearly seven months as it l…

47 upvotes 2 downvotes 0 replies $0.13
FinPrep
@finprep Feb 6, 2020, 10:04 PM UTC

Russia Looks To Double Coal Exports To China

Russia has been historically associated with oil and gas exports, yet the news somewhat underreports its coal market presence. Although neither the world’s largest coal producer nor exporter, Russia…

46 upvotes 0 replies $0.04
FinPrep
@finprep Feb 6, 2020, 12:49 AM UTC

Coronavirus Pushes China Jet Fuel Sales Down 25%

Sales of jet fuel in China slumped by a quarter in the last week of January because of the coronavirus outbreak, an unnamed source from the oil industry told Reuters. Chinese authorities are discoura…

46 upvotes 0 replies $0.07
FinPrep
@finprep Feb 4, 2020, 3:17 PM UTC

Oil Falls Below $50 As Coronavirus Haunts Markets

Oil prices continued their downward slide on Monday, with Brent crude falling 4.19% by 4:20pm EDT, hitting lows not seen in 13 months as oil demand falters as the death toll for the coronavirus excee…

45 upvotes 1 downvotes 0 replies $0.08
FinPrep
@finprep Feb 4, 2020, 3:20 AM UTC

‘’Guyana Lost $55 Billion On Oil Deal with Exxon’’

A new report suggests that the world’s newest oil exporter, Guyana, lost $55 billion from its deal with Exxon that would allow the oil major to develop its offshore oil resources, according to Bloomb…

47 upvotes 1 replies $0.03
FinPrep
@finprep Feb 2, 2020, 6:00 PM UTC

Chevron Swings To $6.6B Loss After Huge Shale Gas Write-Off

Chevron Corporation (NYSE: CVX) posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7 billion for the same period of 2018, on the back of massive write-offs of $10.4 billion predominan…

60 upvotes 1 downvotes 0 replies $0.03
FinPrep
@finprep Jan 30, 2020, 4:51 PM UTC

US Oil Exports Could Explode After Once In A Lifetime Power Shift In China

The consensus of opinion is that China’s commitment to buy an additional US$52.4 billion in U.S. energy products in 2020/21 as part of the Phase 1 trade deal between the two countries is impossible t…

70 upvotes 1 downvotes 1 replies $0.05