$FDRV

Benzinga·Jun 23Neutral

Chevron Joins Lithium Race With 125,000-Acre Texas-Arkansas Deal

Chevron has acquired lease rights to 125,000 acres in Texas and Arkansas to extract lithium from brine, a byproduct of oil and gas production. This move aligns with the company's strategy to diversify into the EV supply chain and leverage its subsurface expertise.

Zacks Investment Research·Feb 8

Automobile ETFs in Focus After Optimistic Q4 Earnings

Capitalize on the optimistic Q4 earnings of the automobile companies with these ETFs.

Benzinga·Jun 14

Revolutionary Shift: IEA Forecasts Peak In World Oil Demand By 2028 As EVs Disrupt Global Energy Markets – 3 ETFs Tracking EV Stocks

The International Energy Agency (IEA) has announced that global oil demand will reach its peak of 105.7 million barrels per day (mb/d) in 2028, during an existing decline initiated by the advance of electric vehicles (EVs). "The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight before the end of this decade as electric vehicles, energy efficiency and other technologies advance," said IEA executive director Fatih Birol. "Oil producers need to pay careful attention to the gathering pace of change and calibrate their investment decisions to ensure an orderly transition." Oil Demand For Transport Fuels Is Predicted To Peak Sooner Rather Than Later Road transport fuels, which have historically driven oil demand, will face significant challenges in surpassing pre-COVID-19 levels. The combination of energy efficiency improvements and substitution factors will exert a heavy burden on their growth prospects, according to IEA estimates. Specifically, the demand for oil in transport fuels is expected to enter a declining phase after 2026. This shift will be driven by the widespread adoption of EVs, the increasing use of biofuels, and the continuous enhancement ...Full story available on Benzinga.com

Seeking Alpha·Jan 4

My Top Market Prediction For 2023

I expect traditional fossil fuel energy companies to continue to excel, rising to up to 30% of the S&P 500 in the upcoming years as technology stocks continue to shrink. Read more here...

Investing.com·Apr 4

Aptiv: 3 Trades To Benefit From Potential Run Up In Auto Technology Stock