WSJ writes 'Exxon (XOM) Scientists Had Doubts About Algae Biofuels. The Oil Giant Touted Them Anyway.'
This report raises concerns about Exxon's credibility in promoting algae biofuels, potentially impacting investor trust in the company and its future projects.
ECB's Muller says an April rate hike cannot be ruled out and reiterates that a hike may be needed if energy prices stay high
Israel’s Defence Minister Katz reiterates Israel will create a buffer zone in southern Lebanon and control the region up to the Litani River
WSJ writes 'Exxon (XOM) Scientists Had Doubts About Algae Biofuels. The Oil Giant Touted Them Anyway.'
China is set to raise the domestic air route fuel surcharge by fivefold from April 5th
Samsung Electronics (005930 SK) are reportedly to raise prices for Galaxy Z Fold 7 & Flip 7, amidst soaring semiconductor prices and war-related headwinds
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If the narrative gains traction, it could influence global sentiment on sustainability in the energy sector and impact oil prices, as perceptions of company viability shift. Overall, this could lead to volatility in the energy equities space, particularly for those closely tied to alternative energy initiatives.
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