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Environment

Environment

Venezuela and Guyana pledge not to use force in bitter dispute over oil-rich territory

TOPSHOT – Aerial view of the Essequibo region taken from Guyana on December 12, 2023. Venezuelan President Nicolas Maduro and his Guyanese counterpart, Irfaan...

by admin December 15, 2023
Venezuela and Guyana pledge not to use force in bitter dispute over oil-rich territory
Environment

Here’s what’s driving Wall Street’s newfound bullishness on Coterra Energy — and why we agree

Wall Street analysts are warming up to Coterra Energy , a stock we bought more shares of just last week when it was firmly...

by admin December 14, 2023
Here's what's driving Wall Street's newfound bullishness on Coterra Energy — and why we agree
Environment

Cramer says ‘strap yourself to the mast’ on Costco, regardless of a pullback

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key...

by admin December 14, 2023
Cramer says 'strap yourself to the mast' on Costco, regardless of a pullback
Environment

U.S. crude oil rises 3% on weaker dollar, slightly improved 2024 demand outlook

Dustin Josey makes his way across the gangplank as he leaves Shell’s Vito platform as workers continue construction on the project at the Kiewit...

by admin December 14, 2023
U.S. crude oil rises 3% on weaker dollar, slightly improved 2024 demand outlook
Environment

CNBC Daily Open: November’s CPI’s both good and bad

An Exxon Mobil gas station in Las Vegas on July 25, 2023. Bridgett Bennett | Bloomberg | Getty Images This report is from today’s...

by admin December 13, 2023
CNBC Daily Open: November’s CPI’s both good and bad
Environment

CNBC Daily Open: The good and the bad of the U.S. CPI — nothing seems ugly

Gas prices are seen at a Chevron gas station in Los Angeles on September 28, 2023.  Robyn Beck | AFP | Getty Images This...

by admin December 12, 2023
CNBC Daily Open: The good and the bad of the U.S. CPI — nothing seems ugly
Environment

U.S. crude oil falls nearly 4% as traders worry about inflation affecting demand

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, on April 21, 2020. Dronebase |...

by admin December 12, 2023
U.S. crude oil falls nearly 4% as traders worry about inflation affecting demand
Environment

Gas prices have fallen 19% since September, hit lowest point of year ahead of holiday

A vehicle refuels at a Shell gas station in Hyattsville, MD, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images...

by admin December 12, 2023
Gas prices have fallen 19% since September, hit lowest point of year ahead of holiday
Environment

Blackrock and China-led AIIB among backers of $800 million Asia-focused infrastructure fund

Wind turbine blades rotate in the tidal flat in Yancheng city, Jiangsu province, China, November 18, 2023. Nurphoto | Nurphoto | Getty Images Top...

by admin December 12, 2023
Blackrock and China-led AIIB among backers of 0 million Asia-focused infrastructure fund
Environment

The top 10 things to watch in the stock market Monday

The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high...

by admin December 11, 2023
The top 10 things to watch in the stock market Monday
Environment

Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend

Occidental Petroleum on Monday agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The...

by admin December 11, 2023
Occidental Petroleum to buy Permian producer CrownRock for  billion, raise dividend
Environment

Australia energy giants Woodside and Santos in talks to create $52 billion gas powerhouse

Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks...

by admin December 8, 2023
Australia energy giants Woodside and Santos in talks to create  billion gas powerhouse
Environment

Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns

Darren Woods, CEO of ExxonMobil, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York...

by admin December 7, 2023
Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns
Environment

Falling oil prices is hurting energy names. But plenty of others stocks stand to gain

U.S. crude prices continued to fall Wednesday, settling below $70 per barrel for the first time since early July and at their lowest levels...

by admin December 6, 2023
Falling oil prices is hurting energy names. But plenty of others stocks stand to gain
Environment

We’re making a small contrarian buy as oil prices and energy stocks get crushed

Is the decline in WTI crude a sign of something more ominous? We don’t think so just yet.

by admin December 6, 2023
Environment

U.S. crude oil falls below $70 a barrel, closing at the lowest level since June

Gas prices at a Shell gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images U.S....

by admin December 6, 2023
U.S. crude oil falls below  a barrel, closing at the lowest level since June
Environment

Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes

Darren Woods, chairman and chief executive officer of Exxon Mobil Corp., Brendan McDermid | Reuters Exxon Mobil said Wednesday its expects earnings to more...

by admin December 6, 2023
Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes
Environment

Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’

DUBAI, United Arab Emirates —The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for...

by admin December 5, 2023
Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’
Environment

‘Beyond justification’: Record number of fossil fuel lobbyists attend COP28 climate talks in Dubai

A man wearing a thawb walks past flags of nations participating in the UNFCCC COP28 Climate Conference the day before its official opening on...

by admin December 5, 2023
'Beyond justification': Record number of fossil fuel lobbyists attend COP28 climate talks in Dubai
Environment

U.S. leads coalition to triple nuclear power by 2050 in effort to address climate change

U.S. Special Presidential Envoy for Climate John Kerry participates in an event on women’s role in building a climate-resilient world, at COP28 World Climate...

by admin December 4, 2023
U.S. leads coalition to triple nuclear power by 2050 in effort to address climate change
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