Environment

China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress in scaling up clean energy, tentatively boosting hopes that the world’s largest carbon emitter could soon start to curb greenhouse gas pollution. A massive wave of permits for new coal-fired

In this article CVX OXY Follow your favorite stocksCREATE FREE ACCOUNT Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t get there by way of massive growth in oil and gas production. While fossil fuels have the tailwind of the Russia-Ukraine war resetting energy policy

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | Reuters The United Arab Emirates does not intend to leave the influential OPEC oil alliance at this time, two senior officials with knowledge of the matter told CNBC, after

In this article CVX XOM BKR CHK Follow your favorite stocksCREATE FREE ACCOUNT An LNG import terminal at the Rotterdam port in February 2022. Federico Gambarini | Picture Alliance | Getty Images Russia’s invasion of the Ukraine a year ago has shifted global energy supply chains and put the U.S. clearly at the top of

Pump jacks are seen in the Midway Sunset oilfield, California. Lucy Nicholson | Reuters Chronic underinvestment in the hydrocarbons sector will keep global supply tight, the head of the world’s largest oil company warned, suggesting higher future energy prices as China’s reopening and the comeback of the aviation industry gather pace. Asked by CNBC’s Dan

In this article TTE-FR BP.-GB CVX SHEL-GB XOM Follow your favorite stocksCREATE FREE ACCOUNT Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest integrated European and American oil companies nearly doubled during 2021. Profits soared. But that has also spurred backlash from consumer advocates and political leaders. “Oil

The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. Joe Klamar | Afp | Getty Images DUBAI, United Arab Emirates — International oil benchmark Brent crude dropped as much as 2.8% on Friday morning in New York on the back of a report that the United Arab Emirates is

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images In August, the White House passed a historic piece of legislation with $369

Here’s an update on our energy, industrials and materials names in Jim Cramer’s Charitable Trust, the portfolio we use at the CNBC Investing Club. Jim ran through all 35 of the holdings during the Club’s inaugural Annual Meeting last Saturday, an in-person event held in New York City. A video replay of the meeting is available here

The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening its 2022 pretax losses on the back of a weakening U.K. currency. The company more than doubled year-on-year pretax losses to £495 million ($598

BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-based climate tech company, has closed on a nearly $155 million fundraising round that will be used to expand and finance community decarbonization projects like it already has undertaken in Menlo Park, California, and Ithaca, New York. The round, which includes more

LADWPs Pine Tree Wind Farm and Solar Power Plant in the Tehachapi Mountains on Tuesday, March 23, 2021 in Kern County, CA. Irfan Khan | Los Angeles Times | Getty Images Global energy-related emissions of carbon dioxide rose less than anticipated in 2022 thanks to the growth of clean energy sources like solar, wind, electric

Bill Ross | The Image Bank | Getty Images Kazakhstan’s ability to diversify its seaborne crude oil export routes away from Russian territory is critical to the country’s economy, the developer of an alternative port told CNBC. “I believe it’s less political, more existential question, and we hope that also international community is going to

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images FTX ex-engineering head Nishad Singh pleaded guilty to criminal charges in New York on Tuesday, becoming the latest member of Sam Bankman-Fried’s former leadership team to agree to

Then-Washington State Governor and presidental candidate Jay Inslee signs five climate change bills into law that will reduce carbon emissions, decrease pollution, boost jobs and increase public health, Tuesday, May 7, 2019, at Central Park in the Rainier Vista neighborhood. Genna Martin | San Francisco Chronicle | Hearst Newspapers via Getty Images Washington state is

In this article Follow your favorite stocksCREATE FREE ACCOUNT Li-Cycle, at the New York Stock Exchange, August 11, 2021. Source: NYSE Battery recycling company Li-Cycle said Monday it’s secured a conditional $375 million loan from the Department of Energy to develop a recycling facility for key battery materials near Rochester, New York. For lithium-ion batteries

In this article TSLA HYU-FF TM BMWB-FF Follow your favorite stocksCREATE FREE ACCOUNT This image, from September 2021, shows a BMW iX5 Hydrogen in Munich, Germany. Krisztian Bocsi | Bloomberg | Getty Images The BMW Group on Monday launched a pilot fleet of hydrogen vehicles, with the German automotive giant’s CEO referring to hydrogen as

Service technicians work to install the foundation for a transmission tower at the CenterPoint Energy power plant on June 10, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images This story is part of CNBC’s “Transmission Troubles” series, an inside look at why the aging electrical grid in the U.S. is

An oil pumpjack operates on November 02, 2021 in Long Beach, California. The Biden administration pledged to cut methane emissions from oil and gas production today. In California, 35,000 oil and gas wells sit idle, many of which are unplugged and could leak methane gas. Scientists estimate that one-third of human-induced global warming is caused

ABUJA, Niger,a – Feb. 18, 2023: Supporters of Nigeria’s Labour Party parade in the streets during a global march for the presidential candidate of Labour Party (LP) Peter Obi ahead of the Nigerian presidential election scheduled for February 25, 2023. KOLA SULAIMON/AFP via Getty Images Nigerians head to the polls on Saturday, with an unprecedented