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[ad_1] Chevron Corporation is stepping into data center power generation. The company is focusing on locations with easy access to natural gas and lower carbon intensity. Chevron CEO Mike Wirth revealed and discussed these plans at the CERAWeek energy conference by S&P Global in Houston. Hyperscale companies want off-grid power sources to speed up their market entry. This makes Chevron’s proposed facilities very crucial. Wirth highlighted, “One of the criteria in site selection will be access to gas. It will also be proximity to carbon capture and storage capacity, access to renewables, potentially off the grid, access to geothermal or…

[ad_1] Chevron Corporation is stepping into data center power generation. The company is focusing on locations with easy access to natural gas and lower carbon intensity. Chevron CEO Mike Wirth revealed and discussed these plans at the CERAWeek energy conference by S&P Global in Houston. Hyperscale companies want off-grid power sources to speed up their market entry. This makes Chevron’s proposed facilities very crucial. Wirth highlighted, “One of the criteria in site selection will be access to gas. It will also be proximity to carbon capture and storage capacity, access to renewables, potentially off the grid, access to geothermal or…

[ad_1] WFE study finds average gap of 2.5 years between carbon removal and credit issuance [ad_2] Source link

[ad_1] The US Dollar small tick higher with US officials in Russia to debate Ukraine ceasefire. Traders was US PPI softer and weekly Jobless Claims come in positive. The US Dollar Index briefly popped above 104.00 after the PPI release. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is back below 104.00 after a brief pop on the back of softer PPI numbers. Markets await comments from US diplomats visiting Russia to convene over a ceasefire deal, which already bears the green light from Ukraine. Meanwhile US President Donald Trump threatened Europe with…

[ad_1] The Taiwanese government has partnered with universities and private businesses on an afforestation-based carbon credit project… [ad_2] Source link

[ad_1] U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025.Jeenah Moon | ReutersTreasury Secretary Scott Bessent said Thursday the Trump administration is more focused on the long-term health of the economy and markets and not short-term gyrations.”We’re focused on the real economy. Can we create an environment where there are long term gains in the market and long term gains for the American people?” Bessent said on CNBC. “I’m not concerned about a little bit of volatility over three weeks.”The comments come with markets in a state…

[ad_1] Image source: Getty Images Consumer tastes change over time – and so do investor preferences. Take Greggs (LSE: GRG) as an example. Over the past year, Greggs shares have lost a third of their value. Does that reflect a shifting valuation for the underlying business? Or could this be a potential bargain for investors to consider? Here’s why I acted on a falling share price I take the latter view. Indeed, I recently bought some Greggs shares for my portfolio. Such a big share price fall does not typically happen without reason though. A number of things seem to…

[ad_1] Image source: Getty Images Nvidia (NASDAQ: NVDA) stock has been one of the best value-creators of all time. Since listing in 1999, it’s gone up more than 289,000%! The company’s graphics processing units (GPUs) continue to play a pivotal role in the artificial intelligence (AI) industry. And they’re powering an increasingly wide range of applications. However, Nvidia been a victim of the sharp market sell-off recently. As I write, the share price is down 22% in just over two months. I parted ways with the stock almost a year ago, but I’m open to potentially reintroducing it into my…

[ad_1] African soccer leader Patrice Motsepe was re-elected Wednesday and urged working with private financiers to help federations build national stadiums in countries where government budgets are tight.The 54 member federations of the Confederation of African Football — 12 of whom currently cannot host national-team games in international competitions — elected Motsepe by acclaim unopposed to have a second four-year term.“I was in Rwanda recently for a new stadium, and I was in Kenya, in Uganda, in Tanzania,” Motsepe said at a post-election news conference in Cairo. “New stadiums are being built because governments are beginning to recognize that football…

[ad_1] Image source: Getty Images Wild swings in the price of Tesla (NASDAQ: TSLA) stock has long been the rule, not the exception. The five-year share price chart resembles a snapshot of the Rocky Mountains, with towering peaks and deep valleys. So far in 2025, Tesla shares are down 39%. Yet they jumped 7.6% yesterday (12 March), and are still up nearly 600% over five years! Here are three reasons the stock has slumped this year. Falling sales The most fundamental reason for the decline is that sales of Tesla’s electric vehicles (EVs) have been falling. Automotive revenue in the…