Environment

ABUJA, Niger,a – Feb. 18, 2023: Supporters of Nigeria’s Labour Party parade in the streets during a global march for the presidential candidate of Labour Party (LP) Peter Obi ahead of the Nigerian presidential election scheduled for February 25, 2023. KOLA SULAIMON/AFP via Getty Images Nigerians head to the polls on Saturday, with an unprecedented

An oil pumpjack operates on November 02, 2021 in Long Beach, California. The Biden administration pledged to cut methane emissions from oil and gas production today. In California, 35,000 oil and gas wells sit idle, many of which are unplugged and could leak methane gas. Scientists estimate that one-third of human-induced global warming is caused

In this article DUK Follow your favorite stocksCREATE FREE ACCOUNT Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested Texas residents to conserve power through Friday as temperatures surge in the state. Brandon Bell |

A gas station in Arlington, Virginia. Xinhua News Agency | Xinhua News Agency | Getty Images New government data for January shows high inflation has continued into the new year. That has some economists worried high prices may prove to be sticky, even as the Federal Reserve works to slow inflation by raising interest rates.

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 Friday’s key moments. Wait to put cash to work Watch oil stocks Buy EL, STZ & PG 1. Wait to put cash to work Equities continued to slide Friday morning on the back

Fatih Birol, executive director of the International Energy Agency (IEA) at the World Economic Forum (WEF) in Davos, Switzerland. Bloomberg | Getty Images The International Energy Agency’s executive director said Friday that the biggest uncertainty facing global energy markets is the extent to which China rebounds from its extended closure. Currently, oil markets are “balanced,”

U.S Senator Lindsey Graham has said the world should focus on environmental damage prevention rather than on climate reparations. Kent Nishimura | Los Angeles Times | Getty Images The world should focus on environmental damage prevention rather than on climate reparations, U.S Senator Lindsey Graham said Friday, calling for approaches that integrate countries worldwide. “Climate

We are selling 650 shares of Coterra Energy (CTRA) at roughly $23.80 apiece, and 75 shares of Pioneer Natural Resources (PXD) at roughly $209.10 apiece. Following the trades, Jim Cramer’s Charitable Trust will own 1,000 shares of CTRA, decreasing its weighting in the portfolio to about 0.81% from 1.33%, and 125 shares of Pioneer, decreasing

The European Commission’s climate chief warned Friday that society will be “fighting wars” over food and water in the future, if serious action is not taken on climate change. Speaking at the Munich Security Conference, Frans Timmermans said global warming posed one of the greatest risks to security worldwide and urged that efforts to limit

Shares of Club holding Devon Energy (DVN) fell sharply Wednesday, one day after delivering disappointing fourth quarter results , reducing its fixed-plus-variable dividend and barely buying back any stock. Forward guidance wasn’t that great either. It’s certainly a frustrating story for sharholders like us, and one that bares further scrutiny. Bottom line Unlike most companies,

Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Images Bans and price caps targeting Russian oil are having the “intended effect” despite surprisingly resilient production and exports in recent

The US Capitol in Washington, DC, US, on Wednesday, Jan. 25, 2023. Al Drago | Bloomberg | Getty Images Following the midterm elections in November, President Joe Biden faces a GOP-controlled House of Representatives largely opposed to the administration’s climate change and clean energy policies and efforts to curb the country’s dependence on fossil fuel

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 Wednesday’s key moments. Fed has more work to do Wait for answers on Devon Watch Bausch 1. Fed has more work to do January’s stronger-than-expected retail sales report bolsters our view that the

Oil-and-gas producer Devon Energy (DVN) on Tuesday delivered lackluster fourth-quarter earnings, sending shares lower. And now we’re looking to the company for answers on how it plans to continue returning cash to shareholders in a lower oil-price environment. Total revenue was roughly flat year-on-year, at $4.3 billion, slightly missing analysts’ forecasts of $4.39 billion, according

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk remarked that he wouldn’t mind Tesla going bankrupt if it means a rival company builds a better car, according to a member of the firm’s board. “I disagree whenever Elon says I don’t mind Tesla getting into bankruptcy if somebody else comes up

In this article DIS ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Brent Delta Topside oil platform at Seaton Port in the United Kingdom on May 5, 2017. Ian Forsyth | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up

Sheets of copper cathode are pictured at BHP Billiton’s Escondida, the world’s biggest copper mine, in Antofagasta, northern Chile March 31, 2008. Ivan Alvarado | Reuters Along with experiencing a short-term supply shortage, copper is set to undergo a “generational shift” in demand as decarbonization ramps up, according to BNY Mellon Lead Portfolio Manager Al

In this article ADANIENT-IN DIS Follow your favorite stocksCREATE FREE ACCOUNT An employee looks out over the petroleum-cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery in Nizhny Novgorod, Russia. Andrey Rudakov | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to

The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing the weakest growth prospects in the G-7 and a catalogue of cost-of-living pressures that are pushing the poorest into crisis and intensely squeezing the budgets of

The Vinfast VF6 all-electric vehicle is on display at the 2022 Los Angeles Auto Show on November 18, 2022 in Los Angeles, California. Josh Lefkowitz | Getty Images News | Getty Images Vietnamese electric vehicle maker VinFast told CNBC it’s on track to start production in the U.S. by 2024 even though the company is