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Environment

Environment

Chevron beats earnings expectations, returns more than $7 billion to shareholders

Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The company’s shares were up more than 4% in...

by admin November 1, 2024
Chevron beats earnings expectations, returns more than  billion to shareholders
Environment

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News...

by admin October 31, 2024
Oil giant Shell posts  billion profit beat, launches new share buyback program
Environment

Chinese EV maker BYD’s quarterly sales overtook Tesla’s for the first time

New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024....

by admin October 31, 2024
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
Environment

FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

Nishad Singh, former director of Engineering at FTX Cryptocurrency Derivatives Exchange, left, and Claire Watanabe, former senior executive at FTX Cryptocurrency Derivatives Exchange, arrive...

by admin October 30, 2024
FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud
Environment

U.S. crude oil edges lower after worst day in two years

U.S. crude oil edged lower on Tuesday, one day after posting the worst daily loss in two years. Energy traders have breathed a sigh...

by admin October 29, 2024
U.S. crude oil edges lower after worst day in two years
Environment

PayPal shares fall on revenue miss, soft guidance

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images...

by admin October 29, 2024
PayPal shares fall on revenue miss, soft guidance
Environment

BP shares fall to lowest since 2022 after sharp drop in the oil major’s third-quarter profit

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty...

by admin October 29, 2024
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
Environment

AI boom thrusts Europe between power-hungry data centers and environmental goals

A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images The boom in artificial intelligence is...

by admin October 29, 2024
AI boom thrusts Europe between power-hungry data centers and environmental goals
Environment

Oil sell-off fuels stock gains — plus, AMD earnings loom and CrowdStrike counters Delta lawsuit

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour...

by admin October 28, 2024
Oil sell-off fuels stock gains — plus, AMD earnings loom and CrowdStrike counters Delta lawsuit
Environment

CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth

Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty...

by admin October 28, 2024
CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
Environment

Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine...

by admin October 28, 2024
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
Environment

Oil prices slide more than 4% after Israel’s ‘limited’ attack on Iran seen as not disrupting supplies

View of Iran’s oil industry installations in Mahshahr, Khuzestan province, southern Iran. Kaveh Kazemi | Getty Images Oil prices will remain under pressure for...

by admin October 28, 2024
Oil prices slide more than 4% after Israel's 'limited' attack on Iran seen as not disrupting supplies
Environment

China’s steel exports expected to falter in 2025 as pain from tariffs spread

JIUJIANG, CHINA – JUNE 17: A worker manufactures seamless steel gas cylinders for export at the workshop of Sinoma Science & Technology (Jiujiang) Co.,...

by admin October 25, 2024
China's steel exports expected to falter in 2025 as pain from tariffs spread
Environment

Chevron CEO says ‘consistent and coherent energy policy’ is what matters for the next administration

With a historic presidential election just around the corner, Chevron CEO Mike Wirth told CNBC’s Jim Cramer what kind of government action is important...

by admin October 24, 2024
Chevron CEO says 'consistent and coherent energy policy' is what matters for the next administration
Environment

NextEra sees strong data center interest in restarting Iowa nuclear plant, CEO says

John Ketchum, chairman, president and chief executive officer of Nextera Energy, speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US,...

by admin October 23, 2024
NextEra sees strong data center interest in restarting Iowa nuclear plant, CEO says
Environment

Big Tech is driving a nuclear power revival, energy guru Dan Yergin says

In this aerial view, the shuttered Three Mile Island nuclear power plant stands in the middle of the Susquehanna River near Middletown, Pennsylvania, on...

by admin October 23, 2024
Big Tech is driving a nuclear power revival, energy guru Dan Yergin says
Environment

Stripe’s $1.1 billion deal for crypto firm Bridge marks much-needed win for VCs

In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for...

by admin October 23, 2024
Stripe's .1 billion deal for crypto firm Bridge marks much-needed win for VCs
Environment

Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency

German company Lilium produces flying electric passenger drones. Lilium German aerospace startup

by admin October 23, 2024
Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
Environment

A ‘tidal wave’ of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital

Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images The biggest influx of liquified natural gas (LNG) supply...

by admin October 23, 2024
A 'tidal wave' of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
Environment

U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel

The Phillips 66 Carson refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering...

by admin October 22, 2024
U.S. crude oil prices rise more than 2%, extend gains to above  per barrel
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