energy

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Acquires 1000 Chanje Electric Vehicles

FedEx Corp. (NYSE: FDX) announced on Tuesday that it will acquire 1,000 Change V8100 electric delivery vehicles to expand its fleet. FedEx will acquire 100 of the vehicles from Chanje Energy and lease 900 from Ryder Systems.FedEx says it will intend..

BP Works to Resume Oil Exploration in Libya

BP Works to Resume Oil Exploration in Libya

Yesterday, BP plc (NYSE: BP) Chief Executive, Bob Dudley, Chairman Eng. Mustafa of the National Oil Corporation (NOC) of Libya and, CEO of Eni (NYSE: E), Claudio Descalzi, signed a letter of intent involving the exploration and production sharing ag..

GE Stock at 9-Year Low

GE Stock at 9-Year Low

General Electric (NYSE: GE) has experienced a 52.43% share price drop in the past year. The conglomerate ranked no. 1 in the S&P 500 in 2004, worth USD 400 billion, is now ranked no. 59 in the S&P’s most valuable companies.  ..

Energy Stock Bounce Back

Energy Stock Bounce Back

Energy stocks are experiencing a rebound as oil prices continue to rise. Brent Crude prices which have seen a dramatic fall from the record highs of 2014 are now nearing USD 70 per barrel.  Brent Crude went through a massive downturn betwe..