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Oil titans are losing their safety nets

2016-01-24 05:06:03| Oil & Gas - Topix.net

Refining profits that buttressed earnings for Exxon Mobil and Royal Dutch Shell as crude prices plunged are now slumping, further pressuring all of the world's biggest oil companies as they move into 2016. Global refining margins, the estimated profit from turning oil into gasoline and diesel, fell 34 percent in the fourth quarter, the steepest decline in eight years, to $13.20 a barrel, data on BP's website show.

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In a clash of titans, Warren Buffett beat Elon Musk in Nevada

2015-12-31 03:17:15| Electronics - Topix.net

The fight was over solar net-metering in Nevada, a state that has the fifth largest installed solar capacity in the country. Nevada is home to Tesla's 'Gigafactory,' which will produce batteries for electric vehicles.

Tags: in beat nevada warren

 
 

In a clash of titans, Warren Buffett beat Elon Musk in Nevada

2015-12-31 01:47:21| Semiconductors - Topix.net

The fight was over solar net-metering in Nevada, a state that has the fifth largest installed solar capacity in the country. Nevada is home to Tesla's 'Gigafactory,' which will produce batteries for electric vehicles.

Tags: in beat nevada warren

 

Tech Titans Launch Breakthrough Energy Coalition

2015-12-02 16:00:00| TechNewsWorld

High-tech honchos and venture capitalists from around the world -- and one university -- on Monday officially announced their participation in the Breakthrough Energy Coalition, a new fund to support companies doing clean energy research. The coalition will invest in electricity generation and storage, transportation, industrial and agricultural energy use, and energy system efficiency.

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How two titans of finance missed out on a deal in an '$8 billion mistake'

2015-11-12 16:59:27| IT Services - Topix.net

Three decades ago, a former bond trader named Michael Bloomberg wanted the founder of a fast-growing private-equity firm to back his financial-data startup. But a meeting between the two men - who went on to become two of the richest men in New York City - ended without a deal.

Tags: finance deal missed billion

 

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