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Environment

Environment

OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says

Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images The prominent OPEC+ oil producers’ alliance is awaiting...

by admin June 2, 2024
OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says
Environment

Oil giant Saudi Aramco begins massive share sale to raise around $12 billion

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World...

by admin June 2, 2024
Oil giant Saudi Aramco begins massive share sale to raise around  billion
Environment

Saudi Aramco offers nearly $11.5 billion in new stock for sale

The logo of Aramco is seen as security personnel walk before the start of a press conference by Aramco at the Plaza Conference Center...

by admin May 30, 2024
Saudi Aramco offers nearly .5 billion in new stock for sale
Environment

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

An Exxon gas station sign is seen in the Brooklyn borough of New York City, on Oct. 6, 2023. Michael M. Santiago | Getty...

by admin May 30, 2024
Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago
Environment

U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft

An oil pumpjack is pictured in the Permian Basin in the Loco Hills region, New Mexico, on April 6, 2023. Liz Hampton | Reuters...

by admin May 30, 2024
U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft
Environment

Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial...

by admin May 30, 2024
Fintech targeted by climate skeptics banks  million from likes of UBS, CommerzVentures
Environment

CNBC Daily Open: Dow drops, Nvidia can’t save Nasdaq

Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City.  Michael M....

by admin May 30, 2024
CNBC Daily Open: Dow drops, Nvidia can't save Nasdaq
Environment

Wells Fargo CEO talks up reasons to love the stock — plus, what’s behind the market drop

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 May 29, 2024
Wells Fargo CEO talks up reasons to love the stock — plus, what's behind the market drop
Environment

Apple and Nvidia fight Wednesday’s stock market decline. Here is what’s supporting them

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 Tuesday key...

by admin May 29, 2024
Apple and Nvidia fight Wednesday's stock market decline. Here is what's supporting them
Environment

We’re adding to our geopolitical hedge and a struggling health-care stock

We’re adding to our lone oil stock and an out-of-favor medical-technology company.

by admin May 29, 2024
Environment

Biden’s gasoline sale likely won’t have a major impact on summer pump prices

A sign displays gas prices at a gas station on May 21, 2024 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration’s...

by admin May 24, 2024
Biden's gasoline sale likely won't have a major impact on summer pump prices
Environment

Oil prices bounce back from three-month lows but book a loss for the week

A Shell gas station in Austin, Texas, on May 3, 2024. Brandon Bell | Getty Images Crude oil futures bounced back from three-month lows...

by admin May 24, 2024
Oil prices bounce back from three-month lows but book a loss for the week
Environment

Denmark’s Orsted wins $680 million JPMorgan backing for U.S. solar and battery projects

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...

by admin May 23, 2024
Denmark's Orsted wins 0 million JPMorgan backing for U.S. solar and battery projects
Environment

Oil prices fall for fourth session ahead of busy Memorial Day travel weekend

Stephen Strathdee | Getty Images Crude oil futures fell for the fourth-consecutive session Thursday ahead of the busy Memorial Day travel weekend. U.S. crude...

by admin May 23, 2024
Oil prices fall for fourth session ahead of busy Memorial Day travel weekend
Environment

Judge rules Exxon can sue activist shareholder over climate proposal

Dado Ruvic | Reuters A federal judge in Texas on Wednesday said Exxon Mobil can sue to bar a climate change proposal from an...

by admin May 22, 2024
Judge rules Exxon can sue activist shareholder over climate proposal
Environment

Former BP exec’s ex-husband gets prison for insider trading after eavesdropping on her calls

Sam Edwards | Getty Images The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for...

by admin May 22, 2024
Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls
Environment

Oil prices extend losing streak, books third consecutive daily decline

An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. Liz Hampton | Reuters...

by admin May 22, 2024
Oil prices extend losing streak, books third consecutive daily decline
Environment

Exxon faces opposition from CalPERS after ‘devastating’ anti-ESG activist suit

ExxonMobil CEO Darren Woods speaks during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California.  Justin Sullivan |...

by admin May 20, 2024
Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
Environment

The best and the worst sectors in the stock market during this recording-setting week

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 May 17, 2024
The best and the worst sectors in the stock market during this recording-setting week
Environment

Oil prices rise as crude inventories fall and U.S. inflation eases

The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas.  Brandon Bell | Getty Images Oil...

by admin May 16, 2024
Oil prices rise as crude inventories fall and U.S. inflation eases
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