Environment

The logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg | Bloomberg | Getty Images Oil and gas major Shell said Friday it expects to take a $2 billion hit for the fourth quarter as a result of

We’re growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out of favor on Wall Street — just as they had been for much of last year — and there could be more room for them to fall as recession fears

It’s been a tough start to 2023 for shareholders of Linde (LIN). The industrial gas giant was a relative winner in 2022 with its stock declining roughly 5% compared to the S & P 500 ‘s drop of around 19.4%. But the new year has not been so kind with three straight down sessions, including

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. Stay bullish on oil Look for a dip to buy MS Watch for a pullback in cloud stocks 1. Stay bullish on oil despite the slide Oil prices continued to

We’re buying 25 shares of Pioneer Natural Resources (PXD) at roughly $223 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 175 shares of PXD, increasing its weighting in the portfolio to 1.39% from 1.2%. The price of a barrel of West Texas Intermediate crude was moving sharply lower Wednesday, down more than 4%

Good riddance, 2022. Tuesday officially marked the start of a new year on Wall Street, and while there is no guarantee 2023 will be a great one for stocks, for now it’s nice to turn the page on the worst year since 2008 . After recently highlighting Club holdings that analysts tapped as their top

U.S. President Joe Biden holds out his pen to U.S. Senator Joe Manchin (D-WV) as Senate Majority Leader Chuck Schumer (D-NY) and U.S. House Majority Whip James Clyburn (D-SC) look on after Biden signed “The Inflation Reduction Act of 2022” into law during a ceremony in the State Dining Room of the White House in

The S & P 500 will wrap up the fourth quarter this week and is on track to gain about 5.5% over the three-month period from October through December, as of the close on Wednesday, Dec. 28. The positive performance represents the only quarter of gains in 2022, breaking what had been the longest losing

A worker walks past gas pipes that connect a Floating Storage and Regasification Unit ship with the main land in Wilhelmshaven, northern Germany on December 17, 2022. EU energy ministers are wrangling over a proposed price cap on gas. Michael Sohn | Afp | Getty Images LONDON — European natural gas prices fell this week

Russia’s announcement of an oil export ban on countries that abide by a G-7 price cap is the latest sign that we’ve entered a new era for global energy markets, according to analysts. But they also note it’s unlikely to have a short-term impact on oil prices, with markets taking their cues from data and

A worker walks past gas pipes that connect a Floating Storage and Regasification Unit ship with the main land in Wilhelmshaven, northern Germany on December 17, 2022. EU energy ministers are wrangling over a proposed price cap on gas. Michael Sohn | Afp | Getty Images European Union nations are engaged in crunch talks to cap gas

Workers photographed on top of a train loaded with coal in China. Global use of coal is projected to increase by 1.2% this year and hit a record high, according to the International Energy Agency. VCG | Visual China Group | Getty Images Global coal use is on course to increase by 1.2% to hit

In this article ENR-FF Follow your favorite stocksCREATE FREE ACCOUNT Hydrogen storage tanks photographed in Spain on May 19, 2022. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Angel Garcia | Bloomberg | Getty Images Hydrogen has a part to play in the U.K.’s shift to

Pipes run along a technical facility for compressing natural gas on the site of astora GmbH’s Rehden natural gas storage facility, the largest in Western Europe. Picture Alliance | Picture Alliance | Getty Images The European Union Monday concluded two months of heated talks over how to protect households from rising energy prices — but

Three United States Postal Service (USPS) mail trucks are parked in front of the post office in Danville. On July 20, the USPS announced that at least 40 percent of its Next Generation Delivery Vehicles (NGDVs) and commercial off-the-street (COTS) vehicles will be battery electric vehicles. Paul Weaver | Sopa Images | Getty Images The

Luke Sharrett | Bloomberg | Getty Images Dan Yergin expects oil at $90 in 2023 but says there’s a chance it could go as high as $121 when China fully reopens, but warned there are three major uncertainties looming over the market. “Our base case for 2023 is $90 for Brent but you have to

In this article CORZ Follow your favorite stocksCREATE FREE ACCOUNT Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina Carey McKelvey Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar

EPA Administrator Michael Regan gives remarks at an event on new national clean air standards for heavy-duty trucks near the U.S. Environmental Protection Agency Headquarters on December 20, 2022 in Washington, DC.  Anna Moneymaker | Getty Images News | Getty Images The Biden administration on Tuesday announced stricter standards on smog-forming emissions from trucks, vans

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 Monday’s key moments. We like industrials Believing in Amazon Still bullish on LLY 1. We like industrials Wall Street was lower Monday, especially the Nasdaq , continuing last week’s losses. Morgan Stanley said

FTX founder Sam Bankman-Fried was sent back to a Bahamas jail Monday after a reported plan for him to waive his extradition to the U.S. stalled. Reports over the weekend indicated that Bankman-Fried would consent to extradition, but the former crypto billionaire told a different story Monday, demanding to see a copy of his federal indictment before