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Environment

Environment

Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit

Siemens Energy shares soared as much as 13% on Wednesday after the German renewables firm raised its forecast for the year and announced that...

by admin May 8, 2024
Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit
Environment

Oil prices little changed as U.S. moves to replenish reserve, Gaza cease-fire still uncertain

Hundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their...

by admin May 7, 2024
Oil prices little changed as U.S. moves to replenish reserve, Gaza cease-fire still uncertain
Environment

Saudi Aramco upholds dividend despite drop in first-quarter profits

Maxim Shemetov | Reuters Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production. Net income for the three months...

by admin May 7, 2024
Saudi Aramco upholds dividend despite drop in first-quarter profits
Environment

BP misses expectations as profits slip on weaker oil and gas prices

A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images BP on Tuesday reported a fall in first-quarter profit, with...

by admin May 7, 2024
BP misses expectations as profits slip on weaker oil and gas prices
Environment

Microsoft signs deal with Swedish partner to remove 3.3 million metric tons of carbon dioxide

A building of Stockholm Exergi in Stockholm, Sweden, Sept. 5, 2022. He Miao | Xinhua | Getty Images Microsoft signed a deal to permanently...

by admin May 6, 2024
Microsoft signs deal with Swedish partner to remove 3.3 million metric tons of carbon dioxide
Environment

Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025

Darren Woods, chairman and chief executive officer of Exxon Mobil Corp, speaks during the 2024 CERAWeek by S&P Global conference in Houston, Texas, US,...

by admin May 6, 2024
Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Environment

Chevron CEO says natural gas demand will outpace expectations on data center electricity needs

Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on...

by admin May 6, 2024
Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
Environment

Oil prices hold firm amid confusion over status of Gaza cease-fire proposal

Palestinians, including children, collect usable belongings in the heavily damaged buildings after Israeli attacks in Rafah, Gaza on February 12, 2024. Building targeted in...

by admin May 6, 2024
Oil prices hold firm amid confusion over status of Gaza cease-fire proposal
Environment

Trump’s porn star hush-money trial enters week four: Here’s what’s happened so far

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in...

by admin May 5, 2024
Trump's porn star hush-money trial enters week four: Here’s what’s happened so far
Environment

AI could drive a natural gas boom as power companies face surging electricity demand

A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022.  Kena Betancur | View Press | Corbis News...

by admin May 5, 2024
AI could drive a natural gas boom as power companies face surging electricity demand
Environment

Lithium giant Albemarle’s plans to reopen a rich mine in North Carolina will take years to complete

The Albemarle lithium processing facility in Kings Mountain, North Carolina, US, on Wednesday, Aug. 10, 2022. Logan Cyrus | Bloomberg | Getty Images Albemarle‘s...

by admin May 3, 2024
Lithium giant Albemarle’s plans to reopen a rich mine in North Carolina will take years to complete
Environment

Coterra’s smart pivot to oil from natural gas leads to an excellent first quarter and sweeter outlook

Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding’s nimble production strategy is the right one for...

by admin May 2, 2024
Coterra's smart pivot to oil from natural gas leads to an excellent first quarter and sweeter outlook
Environment

Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters The Federal Trade Commission will wave through Exxon Mobil‘s roughly...

by admin May 1, 2024
Exxon Mobil reaches agreement with FTC, poised to close  billion Pioneer deal
Environment

‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans

WASHINGTON, D.C. – On a rooftop overlooking Gallaudet University in Washington, D.C., Julian Torres stands next to row after row of solar panels his...

by admin May 1, 2024
'Basel III' bank rules could pose unexpected threat to Biden's green energy plans
Environment

Stocks pop after Fed decision, oil plunges, earnings mixed — what to watch in the market

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 1, 2024
Stocks pop after Fed decision, oil plunges, earnings mixed — what to watch in the market
Environment

U.S. crude oil falls to $79 a barrel, seven-week low as stockpiles surge on lackluster demand

The U.S. flag is displayed at Tesoro’s Los Angeles oil refinery. Lucy Nicholson | Reuters U.S. oil prices tumbled more than 3% to $79...

by admin May 1, 2024
U.S. crude oil falls to  a barrel, seven-week low as stockpiles surge on lackluster demand
Environment

Binance co-founder Zhao set to keep on growing his $33 billion fortune even as he heads to prison for four months

Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022.  Staff | Reuters...

by admin April 30, 2024
Binance co-founder Zhao set to keep on growing his  billion fortune even as he heads to prison for four months
Environment

Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal

Changpeng Zhao, former CEO of Binance, arrives at federal court in Seattle, Washington, April 30, 2024. David Ryder | Bloomberg | Getty Images Binance’s...

by admin April 30, 2024
Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal
Environment

U.S. crude oil falls below $82 a barrel after disappointing inflation, manufacturing data

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | Reuters U.S. crude...

by admin April 30, 2024
U.S. crude oil falls below  a barrel after disappointing inflation, manufacturing data
Environment

Binance’s billionaire founder to find out if prison time is coming — here’s what lawyers are expecting

Zhao Changpeng, founder and chief executive officer of Binance, attends a conference at Porte de Versailles exhibition center in Paris, France June 16, 2022....

by admin April 30, 2024
Binance's billionaire founder to find out if prison time is coming — here's what lawyers are expecting
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