Iranian President Ebrahim Raisi looks on during a TV interview, in Tehran, Iran May 7, 2024. Iran’s Presidency | WANA | Via Reuters Crude oil futures were little changed Monday after Iran’s president and foreign minister died in a helicopter crash. President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian perished in the crash in Iran’s
Environment
The Huaneng Huaiyin power station in Huaian, China, on Nov. 12, 2023. Nurphoto | Nurphoto | Getty Images China and India have not reduced coal generation for electricity, according to a new study, making it harder for Asia’s largest carbon emitters to reach their climate targets. While both Asian countries have ambitious plans to cut
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Market wrap: It’s day two of
Aerial top view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images Crude oil futures edged lower Wednesday as the International Energy sees global demand growing less than originally forecast this year. World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last
Zum EV charging station with school buses. Zum The nightlife of school buses is about to get more interesting. Zum, which provides student transportation including EV buses to 4,000 schools across the country, is partnering with the Oakland Unified School District to start selling power stored in EV batteries back to the California utility grid.
The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Brandon Bell | Getty Images Oil prices held firm Thursday as stockpiles in the U.S. fell for a second week and inflation eased. U.S. crude stockpiles declined by 2.5 million barrels last week as refiners processed more
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Exterior view of the Microsoft Times Square building on January 29, 2023 in New York City. Microsoft reports their fiscal Q2 24 financial results after the closing bell on Tuesday, January 30. Kena Betancur | Corbis News | Getty Images Microsoft‘s total carbon emissions have
In this article URA URNM Follow your favorite stocksCREATE FREE ACCOUNT Ready-to-ship canisters filled with enriched uranium at the Urenco USA uranium enrichment facility near Eunice, New Mexico, US, on Tuesday, July 11, 2023. Russia’s invasion of Ukraine is forcing the US and Europe to search for alternative sources of enriched uranium to power their
Rep. Jamie Raskin (D-MD) speaks during a House Committee on Oversight and Accountability hearing on Capitol Hill in Washington, DC, on September 28, 2023. Mandel Ngan | AFP | Getty Images The House Oversight Committee’s top Democrat asked oil executives to reveal whether former President Donald Trump had proposed a “quid-pro-quo” arrangement to them at
Founders: Greg Jackson (CEO), Stuart Jackson, James EddisonLaunched: 2016Headquarters: LondonFunding: $2 billionValuation: $7.8 billionKey technologies: Artificial intelligence, Internet of Things, machine learningIndustry: EnergyPrevious appearances on Disruptor 50 List: 1 (No. 8 in 2023) Persephone Kavallines Aiming to spark further transition to renewable energy, British-based power conglomerate Octopus Energy pulled in $800 million in new funding last year
U.S. President Joe Biden delivers remarks as part of his Investing in America agenda, during a visit to Gateway Technical College in Sturtevant, Wisconsin, U.S., May 8, 2024. Kevin Lamarque | Reuters The Biden administration has announced $537 billion in infrastructure investments since the passage of landmark government funding bills, such as the Bipartisan Infrastructure
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry
In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Palestinians, including children, collect usable belongings in the heavily damaged buildings after Israeli attacks in Rafah, Gaza on February 12, 2024. Building targeted in the Israeli attacks and surrounding structures were damaged as Israel’s air, land and sea attacks continue on the Gaza Strip.
Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday. “It’s a little hard to quantify right now because this is evolving so quickly on the AI side,” Wirth told CNBC’s Sara Eisen at the Milken Institute’s Global Conference in
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A building of Stockholm Exergi in Stockholm, Sweden, Sept. 5, 2022. He Miao | Xinhua | Getty Images Microsoft signed a deal to remove to permanently remove 3.3 million metric tons of carbon dioxide with Swedish energy company Stockholm Exergi, the companies announced on Monday.
A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a “significantly weaker” margin in fuels and lower gas and oil prices. The British energy giant logged underlying replacement cost profit, used as a
ENSCO-72 drilling rig working in Poole Bay for Corallian Energy in Poole Bay, England, on Feb. 15, 2019. Finnbarr Webster | Getty Images News | Getty Images Crude oil futures fell more than 1% on Wednesday as the market softens on rising inventories, though prices could firm later this year as demand increases during the
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, May 29, 2020. Bing Guan | Reuters The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid “comprehensive restructuring measures.” It said in statement that Jochen Eickholt at Siemens
Hundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their few belongings loaded on vehicles following the Israel’s announcement on the evacuation of neighborhoods, in Khan Yunis, Gaza on May 6, 2024. Ashraf Amra | Anadolu | Getty Images Crude oil
Maxim Shemetov | Reuters Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production. Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported. The figure was in line with analyst expectations, according
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