Environment

Shell reported adjusted earnings of $39.9 billion for the full-year 2022. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday posted stronger-than-anticipated first-quarter profit, extending a record run of bumper results after commodity prices surged in 2022 following Russia’s full-scale invasion of Ukraine. Shell reported adjusted earnings of $9.6 billion for

The sun sets on the skyline of midtown Manhattan and the Empire State Building in New York City on April 23, 2023, as seen from Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images New York state is poised to become the first state in the country to pass a law banning

BP, which in 2020 set out its ambition to become a net zero company “by 2050 or sooner,” has drawn sharp criticism for scaling back its emission reduction targets in the wake of record profits. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported stronger-than-expected first-quarter profits,

Director Oliver Stone attends the “Nuclear” red carpet at the 79th Venice International Film Festival on September 09, 2022 in Venice, Italy. Andreas Rentz | Getty Images Entertainment | Getty Images Oliver Stone’s new movie, “Nuclear Now,” makes an impassioned case that nuclear energy is a necessary and obvious solution to climate change. Generating electricity

An oil tanker being serviced by a bunkering vessel. Courtesy: Hafnia If you think that life at sea is like the movie franchise “Pirates of the Caribbean,” think again. The movies, which feature ambushes, looting and a drunken captain, are far from real life, according to shipping veteran Ralph Juhl. “That is, of course, a

Pioneer Natural Resources (PXD) posted solid first-quarter results after the bell Wednesday, thanks to higher-than-expected energy production. Free cash flow, however, was a slight miss. It was also a bittersweet evening as CEO Scott Sheffield said he will retire at the end of the year after more than two decades collectively at the helm. Pioneer’s

OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was “counterproductive.” Anton Petrus | Moment | Getty Images Oil producer group OPEC on Thursday lashed out at the International Energy Agency, saying the world’s leading energy authority should be “very careful” about undermining industry investments. OPEC Secretary General

A general exterior view of Climate Pledge Arena before the game between the Seattle Kraken and the Carolina Hurricanes on October 17, 2022. Steph Chambers | Getty Images Professional sports are inherently a copycat industry. From Major League Baseball’s Moneyball revolution to the NBA’s renewed focus on 3-point shooting driven by the Golden State Warriors

The Swiss National Bank has come into the spotlight following its assistance in UBS’ takeover of Credit Suisse. Bloomberg / Contributor / Getty Images The Swiss National Bank will hold its annual general meeting in Bern on Friday against a backdrop of protest over its action on climate change and its role in the emergency

Pricing power is what’s allowing many companies — including seven of our Club holdings — to support revenue growth and enhance, or at the very least protect, profitability during an earnings season marked by a still-elevated inflationary environment. When we’re talking about “pricing power,” it’s the ability of companies with strong brands to raise prices without

OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was “counterproductive.” Anton Petrus | Moment | Getty Images A surprise decision by several OPEC+ producers to voluntarily cut output earlier this month had pushed analyst oil price forecasts near $100 per barrel, but stagnating prices now point to

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Equities rise on tech earnings Meta’s first-quarter win Watch Pioneer 1. Equities rise on tech earnings Stocks rose Thursday morning on the heels of strong earnings reports for a slate

In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT BP, which was one of the first energy giants to announce an ambition to cut emissions to net zero “by 2050 or sooner,” has urged shareholders to oppose the resolution put forward by Follow This. Sopa Images | Lightrocket | Getty Images BP is bracing

The Club held its “Monthly Meeting” for April on Tuesday, providing a window into our current thinking on the stocks in Jim Cramer’s Charitable Trust — including an updated list of the 10 core holdings in the portfolio. Those 10 companies, which we generally view as the best in their respective industries, are Apple (AAPL),

Electric vehicles from Tesla photographed in China. The world’s second largest economy is a major player when it comes to the sale of electric vehicles. Vcg | Visual China Group | Getty Images Electric car sales jumped to more than 10 million last year, with China accounting for roughly 60% of the market, according to

Club holding Halliburton (HAL) reported stronger-than-expected first-quarter results before the bell Tuesday, validating our investment in the oilfield services company as it capitalizes on years of underinvestment in drilling capacity. Total revenue rose 33% year over year to $5.68 billion, topping analyst expectations of $5.5 billion, according to Refinitiv. Earnings per share (EPS) more than

In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Climate activists with Stop the Money Pipeline hold a rally in New York City to urge companies to end their support for the proposed Line 3 pipeline project and stop funding fossil fuels and forest destruction, April 17, 2021. Erik McGregor | LightRocket | Getty

Chamath Palihapitiya Olivia Michael | CNBC Tech investor Chamath Palihapitiya, who said two years ago that bitcoin has replaced gold and predicted the digital currency would climb to $200,000, has a much more cautious view on cryptocurrencies these days. “Crypto is dead in America,” Palihapitiya said in the latest episode of the All-In podcast. Palihapitiya

In this article BRK.B BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Siemens wind turbines operate on a wind farm in Marshalltown, Iowa, where many of Berkshire’s first big renewable investments were made over the past decade as the former MidAmerican Energy under now-Berkshire Energy was well situated in one of the nation’s top wind corridors.

In this article ENGI-FR AOMD-DE ALO-FR TSLA DTG-DE Follow your favorite stocksCREATE FREE ACCOUNT This image, from June 2022, shows a GenH2 Truck prototype being tested at a facility in Germany. Uwe Anspach | Picture Alliance | Getty Images Last year, a truck undertook a series of journeys across the Brenner Pass, a high-altitude route

My top 10 things to watch Friday, April 21 1. Truist downgraded Tesla (TSLA) to hold from buy, while lowering its price target to $154 per share, from $245. The firm cited the electric vehicle maker’s “brazen willingness to accept lower product margins.” Meanwhile, Barclays lowered its price target on Tesla to $220 per share,

The chief executive of British power firm SSE says a rapid build-out of renewable projects can help the U.K. to secure its energy security and bring costs down for consumers. “Consumers everywhere across Europe have seen prices rise significantly,” SSE CEO Alistair Phillips-Davies told CNBC’s Arabile Gumede from the firm’s Viking Wind Farm in the

flames burn on a natural gas-burning stove. Scott Olson | Getty Images A federal appeals court ruled Monday that Berkeley, California, cannot enforce a ban on natural gas hookups in new buildings, saying a U.S. federal law preempts the city’s regulation. The ruling from the 9th U.S. Circuit Court of Appeals in San Francisco was a

Russian President Vladimir Putin. Germany and other EU countries are looking to sanction Russian nuclear energy. Contributor | Getty Images News | Getty Images Germany, Poland and a few other EU nations are pushing for sanctions on Russian nuclear energy, as the bloc looks at new ways to hurt the Kremlin’s revenues amid Moscow’s invasion

We’re buying 150 shares of Coterra Energy (CTRA), at roughly $25.43 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 1,150 shares of CTRA, increasing its weighting in the portfolio to 1.1% from 0.95%. We’re finally redeploying some of the “energy funds” we raised when we exited our Devon Energy position earlier this month.

In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT Swedish electric vehicle maker Einride will supply two of its heavy-duty trucks to PepsiCo as part of an expansion into the U.K. Einride Swedish electric vehicle manufacturer Einride has signed a deal with PepsiCo to supply electric trucks that would transport Walkers chips in the

16 April 2023, Baden-Württemberg, Neckarwestheim: The Neckarwestheim nuclear power plant. The era of commercial power generation with nuclear power plants in Germany came to an end on Saturday with the separation of the Isar 2, Neckarwestheim and Emsland nuclear power plants from the power grid. Picture Alliance | Picture Alliance | Getty Images As of

In this article GE Follow your favorite stocksCREATE FREE ACCOUNT MOUNT STORM, WEST VIRGINIA – AUGUST 22: Turbines from the Mount Storm Wind Farm stand in the distance behind the Dominion Mount Storm power station August 22, 2022 in Mount Storm, West Virginia. The wind farm includes 132 2-megawatt Gamesa G80 wind turbines along 12

Pembrokeshire, Wales was one of the areas recognized by the British Geological Survey to be prospective for critical raw materials. Matthew Horwood | Getty Images News | Getty Images Several large swathes of the U.K. on Monday were identified as prospective sites to search for critical raw materials, reflecting the country’s push to deliver a

Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Joe White | Reuters From the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the $7,500 tax credit

The headquarters of the European Central Bank (ECB) pictured on February 03, 2022 in Frankfurt, Germany. Thomas Lohnes | Getty Images News | Getty Images Germany’s energy worries are over and Europe’s largest economy has the “inherent strength” to recover from the dual shocks of the pandemic and the war in Ukraine, according to Bundesbank

G-7 nations have so far decided not to revise their cap on Russian oil. Anton Petrus | Moment | Getty Images The Group of Seven advanced economies is not expected to update its price cap on Russian oil in the coming weeks amid contrasting views on whether the policy is truly denting the Kremlin’s revenues.

In its latest monthly oil market report, the IEA said the energy alliance’s self-described “precautionary move” was likely to spell bad news for consumers at a time of heightened economic uncertainty. Hussein Faleh | Afp | Getty Images The International Energy Agency on Friday warned surprise oil output cuts from the OPEC+ producer group risk