You Searched For "oil mining" and got 16 results
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2 mins read
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
2 mins read
A Ukrainian unit is flying drones at night to drop mines inside Russia: report
A Ukrainian unit uses drones to drop mines deeper inside Russian territory at night, per CNN. It cl…
Thibault Spirlet
2 mins read
Rising energy costs and plummeting crypto prices mean public bitcoin miners are 'fighting to survive'
"Some miners may either go bankrupt or have parts of their assets purchased for cents on the dollar…
Jennifer Sor
2 mins read
Big Oil is all in on electric cars
Heavyweights of the combustion-car era like Shell, Exxon Mobil, and BP could dominate the electric …
Tim Levin
1 min read
Exxon is trying out a program that will use leftover natural gas to power bitcoin mining
The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to p…
Phil Rosen
1 min read
A major oil company is selling gas to bitcoin miners in North Dakota instead of burning off excess supply
The sale to third-party miners is part of ConocoPhillips' goal to reach zero routine gas flaring by…
Natasha Dailey
3 mins read
I own a third-generation fish and chip shop in England. Inflation is killing small businesses like mine.
The rising costs of haddock, oil, and energy are putting pressure on family-run restaurants that ma…
Matthew Jenkin
3 mins read
Anil Agarwal makes 'zero debt' pledge, says 'very comfortable' servicing debt
Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt re…
PTI
3 mins read
Meet the company mining bitcoin using the flare gas from oil drilling - and drawing investment from Coinbase and the Winklevii
Crusoe Energy's technology can dramatically cut emissions from gas flaring at oil patches - all whi…
Harry Robertson
2 mins read
Copper is 'the new oil' and could reach $15,000 by 2025 as the world transitions to clean energy, Goldman Sachs says
Copper demand and prices will rise as clean energy and sustainability become the focus ahead of the…
Sophie Kiderlin
2 mins read
“Wolf of All Streets” crypto trader Scott Melker says his Russian mining rigs got sanctioned — and now he knows how it feels
Compass Mining cut ties with Russian crypto miner BitRiver after the US sanctioned the company and …
Hamza Fareed Malik
3 mins read
Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says
Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside tra…
Hamza Fareed Malik
2 mins read
Deutsche Bank says it will no longer invest in fracking or Arctic oil as banks turn away from fossil fuels
The bank is cutting ties with fracking projects in countries with short water supply, and aims to e…
Shalini Nagarajan
2 mins read
A Russian mining company spilled 20,000 tons of oil in the Arctic Circle, turning a river red and enraging Putin
A river in Siberia turned red after a Norilsk Nickel subsidiary's factory spilled oil, prompting Vl…
Sinéad Baker
3 mins read
White Rock Management is taking a sustainable approach to crypto mining in its US expansion as the sector faces increased scrutiny from regulators
White Rock Management, a Swiss company, plans to expand its clean energy crypto-mining operations t…
Asia Martin
1 min read
Exxon looks to EV boom as oil giant is in talks to supply lithium to Tesla and other automakers, report says
Sources told Bloomberg that Exxon Mobil is in talks with car manufacturers such as Tesla, Ford, and…