Environment

Gas prices are displayed at an Exxon gas station on July 05, 2022 in San Francisco, California. Justin Sullivan | Getty Images The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through the office of

In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Brandon Bell | Getty Images News | Getty Images Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply

Oil prices are hovering around 10-month highs, as a stout summer rally extends into the fall and delivers additional gains for the Club’s energy stocks, Pioneer Natural Resources (PXD) and Coterra Energy (CTRA). And Jim Cramer believes it’s not too late to buy either of them. West Texas Intermediate crude, the U.S. oil benchmark, has

Aerial view of the LNG storage and vaporization vessel “Höegh Esperanza” at the Wilhelmshaven LNG terminal. Picture Alliance | Picture Alliance | Getty Images Energy analysts are warning of more gas market volatility and higher prices as Europe races to prepare for another winter heating season. European gas markets have been constantly fluctuating in recent

In this article RIOT Follow your favorite stocksCREATE FREE ACCOUNT During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from selling power back to the Texas grid to keep its costs under control. Riot said

Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation for the world’s economy, said Oil and Natural Gas Corporation. Bloomberg | Bloomberg | Getty Images SINGAPORE — India’s imports of Russian crude is a win-win situation for the world economy, according to India’s No.

Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s energy strategy, could serve to benefit increasingly popular right-wing parties. The “sick man of Europe” moniker has resurfaced in recent weeks as manufacturing output continues

Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the 7th Ministerial on Climate Action (MoCA) in Brussels on July 13, 2023. Francois Walschaerts | Afp | Getty Images UAE oil giant ADNOC — run

In this article ABB.N-CH Follow your favorite stocksCREATE FREE ACCOUNT The CEO of Swedish-Swiss multinational robotics firm ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for the rest of the year. “China is not really developing as we hoped in the beginning of

German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design showcases a platform that will underpin the brand’s next generation of electric vehicles. The first electric vehicles based on the Neue Klasse — or new

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A screenshot of Project Sunroof shows the map data offered by the pilot project, which is meant to help consumers plan solar installations for their homes. Screenshot Google is planning to license new sets of mapping data to a range of companies to use as

India isn’t overly dependent on anyone for oil — not even Russia, India’s Minister of Petroleum and Natural Gas told CNBC, adding that his country has diversified its sources. “India doesn’t get over dependent on anyone,” Hardeep Singh Puri told CNBC’s Tanvir Gill when asked if his country was too dependent on the Kremlin. Since

The Hywind Tampen project is located in waters off the Norwegian coast. Ole Berg-rusten | AFP | Getty Images A facility described as “the world’s largest floating offshore wind farm” was officially opened by Crown Prince Haakon of Norway on Wednesday, marking the culmination of a major renewable energy project years in the making. Located

We’re selling 200 shares of Halliburton (HAL) at roughly $40.64 each Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 1,400 shares of HAL, decreasing its weighting to 1.97% from 2.24%. Technology stocks and the so-called Magnificent Seven may get all the attention in the market, but you might be surprised to know that the

PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it can move money between millions of crypto investors.  The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC, at

Saudi state oil giant Aramco reported 112.81 billion riyal ($30.07 billion) in net profit in the second quarter, in a sharp drop from the $48.4 billion recorded in the same period of last year amid a decline in hydrocarbon prices. Second-quarter profit nevertheless came slightly above analyst expectations near $29.8 billion. Analysts had expected second

In this article CTRN Follow your favorite stocksCREATE FREE ACCOUNT Bill Ross | The Image Bank | Getty Images Oil prices surged Monday to their highest since mid-April, following an attack on a key Russian oil export hub and extended production cuts by OPEC kingpin Saudi Arabia and Russia. Over the weekend, Ukraine launched a

The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported a sharp fall in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed across the energy industry.

Demonstrators hold placards and chant slogans during a rally to protest against the expansion of the Ultra Low Emission Zone (ULEZ) in London, at Marble Arch, central London, on June 25, 2023. Henry Nicholls | Afp | Getty Images In the wake of a U.S. crusade against mission-driven investments, signs of a green political backlash

A long-awaited rally in crude oil prices has helped the Club’s three oil-and-gas companies become some of our top-performing stocks over the past month. And with new signs the commodity could continue to rally this year, we’re sitting tight on our energy holdings. Brent crude, the global oil benchmark, and West Texas Intermediate crude, the