In this article BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Sam Edwards | Getty Images The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company.
Environment
Drivers sit in traffic on southbound Interstate 5 during the afternoon commute heading into downtown San Diego on March 12, 2024 in San Diego, California. Kevin Carter | Getty Images The Biden administration’s move to sell 1 million barrels of gasoline from a reserve in the Northeast is unlikely to have a substantial effect on
In this article @LCO.1 @NG.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT A Shell gas station in Austin, Texas, on May 3, 2024. Brandon Bell | Getty Images Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets underway with the Memorial Day
Aerial view of Eleven Mile Solar in Coolidge, Az. Photo: Van Applegate Danish renewable energy developer Orsted won a $680 million investment from JPMorgan in two U.S. projects as incentives from the Biden Administration’s signature climate law — the Inflation Reduction Act (IRA) — spur a clean energy boom in the U.S. JPMorgan will provide tax
A pumpjack is shown outside the Midland-Odessa area in the Permian basin in Texas, July 17, 2018. Liz Hampton | Reuters Crude oil futures bounced back Thursday after a three-day decline but are still on pace for a weekly loss. U.S. crude oil is down 2.4% for the week while Brent, the global benchmark, is
In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters A federal judge in Texas on Wednesday said Exxon Mobil can sue to bar a climate change proposal from an activist investor, in a case that has raised concerns about its future impact on shareholder resolutions. U.S. District Judge Mark Pittman
An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. Liz Hampton | Reuters Crude oil futures fell for a third session Wednesday, extending this week’s losing streak as prices soften ahead of a crucial OPEC meeting in June. U.S. crude oil and global benchmark
For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing on Tuesday, Uniswap Labs
Wind turbines in Dawson, Texas, on Feb. 28, 2023. Mark Felix | Afp | Getty Images As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there’s a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property. In short, the answer
In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT ExxonMobil CEO Darren Woods speaks during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California. Justin Sullivan | Getty Images Exxon Mobil‘s monthslong battle with two environmentally focused activist investors has cost the company the support of the California
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
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
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