Environment

Prince Abdulaziz bin Salman at the World Petroleum Congress in Calgary, Canada, on Sept. 18, 2023. Bloomberg | Bloomberg | Getty Images Saudi Arabia’s energy minister said Riyadh and Moscow’s decision to extend crude oil supply cuts is not about “jacking up prices,” as Brent futures hover near $95 a barrel and analysts predict further

Gas prices are displayed at an Exxon gas station on July 05, 2022 in San Francisco, California. Justin Sullivan | Getty Images The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through the office of

Members of the rescue teams from the Egyptian army carry a dead body as they walk in the mud between the destroyed buildings, after a powerful storm and heavy rainfall hit Libya, in Derna, Libya September 13, 2023.  Ahmed Elumami | Reuters Storm Daniel has left Libya, a country grappling with conflict and economic crisis

Oil prices are hovering around 10-month highs, as a stout summer rally extends into the fall and delivers additional gains for the Club’s energy stocks, Pioneer Natural Resources (PXD) and Coterra Energy (CTRA). And Jim Cramer believes it’s not too late to buy either of them. West Texas Intermediate crude, the U.S. oil benchmark, has

In this article TSLA MMM CAT AMZN AAPL NVDA C Follow your favorite stocksCREATE FREE ACCOUNT Gasoline prices for full serve and self serve are displayed at the Union 76 gas station ahead of the Labor Day weekend on August 28, 2023 in Beverly Hills, California. Mario Tama | Getty Images This report is from

In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Brandon Bell | Getty Images News | Getty Images Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply

A part of the Trans Alaska Pipeline System runs through boreal forest past Alaska Range mountains near Delta Junction, Alaska. In March, the Biden administration approved the controversial Willow project which will extract 600 million barrels of oil from the National Petroleum Reserve on Alaska’s North Slope, close to the Arctic Ocean. Mario Tama |

My top 10 things to watch Thursday, Sept. 14 1. U.S. equities edge up in premarket trading, with investors largely betting the Federal Reserve won’t raise interest rates further when the central bank convenes next week. The S & P 500 is up 0.33%, while the Nasdaq Composite is 0.24% higher. U.S. government bond yields

In this article C NVDA AAPL AMZN CAT MMM TSLA Follow your favorite stocksCREATE FREE ACCOUNT A view of a gas station as gas prices are at the highest level from last year in Virginia, on August 16, 2023. Celal Gunes | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open,

Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi on September 4, 2023. Simon Maina | Afp | Getty Images Demand for fossil fuels like oil, gas and coal will

In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Bernard Looney, CEO of BP, speaks during the 2023 CERAWeek by S&P Global conference in Houston, March 7, 2023. F. Carter Smith | Bloomberg | Getty Images The chief executive of energy giant BP is set to resign after less than four years on the

Aerial view of the LNG storage and vaporization vessel “Höegh Esperanza” at the Wilhelmshaven LNG terminal. Picture Alliance | Picture Alliance | Getty Images Energy analysts are warning of more gas market volatility and higher prices as Europe races to prepare for another winter heating season. European gas markets have been constantly fluctuating in recent

Race winner Sergio Perez of Mexico passes his team celebrating during the F1 Grand Prix of Singapore at Marina Bay Street Circuit on October 02, 2022 in Singapore Mark Thompson | Getty Images Sport | Getty Images Organizers said they will halve energy emissions from the Formula One Singapore Grand Prix by 2028. Singapore GP

A general view of flags of (From L to R) South Africa, Brazil, Russia, India and China during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 24, 2023. Michele Spatari | Afp | Getty Images SINGAPORE — Sanctions imposed by the West on Russia are pushing the BRICS nations closer,

Alexander Spatari | Moment | Getty Images LISBON, PORTUGAL — Matadors and bitcoin maximalists are regulars at Campo Pequeno, a neo-Moorish bullring in the northernmost reaches of the Portuguese capital city. The two aren’t all that different. Both are typically defiant and stubborn, engaged in a seemingly hopeless battle that pits man against beast, where

Indian artist Jagjot Singh Rubal gives final touches to an oil painting of U.S. President Joe Biden, at his workshop in Amritsar on September 5, 2023, ahead of the two-day G20 summit in New Delhi. Narinder Nanu | Afp | Getty Images NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood | Getty Images News | Getty Images European gas prices moved sharply higher on Friday as workers at Australian natural gas facilities went on strike,

Oil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output cuts by Saudi Arabia and Russia. David Mcnew | Getty Images News | Getty Images Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary oil production

Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation for the world’s economy, said Oil and Natural Gas Corporation. Bloomberg | Bloomberg | Getty Images SINGAPORE — India’s imports of Russian crude is a win-win situation for the world economy, according to India’s No.

In this article RIOT Follow your favorite stocksCREATE FREE ACCOUNT During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from selling power back to the Texas grid to keep its costs under control. Riot said

In this article ALK UAL LUV Follow your favorite stocksCREATE FREE ACCOUNT A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Major U.S. airlines warned about a spike in jet-fuel

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood | Getty Images News | Getty Images The looming threat of strikes at Australian natural gas facilities will keep global gas markets on tenterhooks, energy

Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the 7th Ministerial on Climate Action (MoCA) in Brussels on July 13, 2023. Francois Walschaerts | Afp | Getty Images UAE oil giant ADNOC — run

Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s energy strategy, could serve to benefit increasingly popular right-wing parties. The “sick man of Europe” moniker has resurfaced in recent weeks as manufacturing output continues

German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design showcases a platform that will underpin the brand’s next generation of electric vehicles. The first electric vehicles based on the Neue Klasse — or new

In this article ABB.N-CH Follow your favorite stocksCREATE FREE ACCOUNT The CEO of Swedish-Swiss multinational robotics firm ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for the rest of the year. “China is not really developing as we hoped in the beginning of

In this article HE Follow your favorite stocksCREATE FREE ACCOUNT Search and recovery team members check charred buildings and cars in the aftermath of the Maui Fires in Lahaina, West Maui, Hawaii, August 17, 2023.  Yuki Iwamura | AFP | Getty Images Hawaiian Electric is pushing back against a lawsuit filed by Maui County last

Cranes stand at the construction site of the second phase of Changjiang Nuclear Power Plant, invested by state-owned China National Nuclear Corporation (CNNC) and China Huaneng Group, on June 28, 2023 in Changjiang Li Autonomous County, Hainan Province of China. China News Service | China News Service | Getty Images China is the breakaway global

Artistgndphotography | E+ | Getty Images Most Americans see climate change as a major threat. But income level seems to guide one’s willingness or ability to live a greener lifestyle. Fifty-nine percent of high-income consumers always or often choose sustainable products, whereas that’s true for only 44% and 42% of mid- and low-income households, respectively,

In this article COIN BTC.CB= Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images The District of Columbia Court of Appeals has paved the way for bitcoin exchange-traded funds. On Tuesday, the court sided with Grayscale in a lawsuit against the Securities and Exchange Commission which had denied the company’s application to

Electrical workers repair power lines leading into the fire ravaged town of Lahaina on the island of Maui in Hawaii, August 15, 2023. Mike Blake | Reuters Electric companies in the western U.S. are facing mounting lawsuits alleging that their failure to prepare for extreme weather has resulted in repeated, catastrophic wildfires that have taken

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A screenshot of Project Sunroof shows the map data offered by the pilot project, which is meant to help consumers plan solar installations for their homes. Screenshot Google is planning to license new sets of mapping data to a range of companies to use as

India isn’t overly dependent on anyone for oil — not even Russia, India’s Minister of Petroleum and Natural Gas told CNBC, adding that his country has diversified its sources. “India doesn’t get over dependent on anyone,” Hardeep Singh Puri told CNBC’s Tanvir Gill when asked if his country was too dependent on the Kremlin. Since