Energy News

The S & P 500 concluded a topsy-turvy — yet winning — first quarter of 2023 on Friday, overcoming a shock to the U.S. banking system in March to rise around 7%. The tech-heavy Nasdaq Composite proved to be the real standout, soaring nearly 17 % . The 30-stock Dow Jones Industrial Average , meanwhile,

People walk through the Brooklyn Bridge during a strike for climate on March 03, 2023 in New York City. Protesters demand New York State support found and pass the Climate Jobs, and Justice Package. Leonardo Munoz | Corbis News | Getty Images New York has finalized a list of disadvantaged communities that are mandated to

Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research. Bankman-Fried’s attorney, Mark Cohen, said he plans to file a motion that his client not be tried on all the counts, arguing that he cannot

The EU has pledged to wean itself off Russian fossil fuels by 2027 in response to President Vladimir Putin’s full-scale invasion of Ukraine. Christian Charisius | Afp | Getty Images The European Union is poised to ramp up its 2030 renewable energy targets, accelerating a shift away from fossil fuels as the bloc seeks to

Four Club holdings — including Meta Platforms (META) and Pioneer Natural Resources (PXD) — are among the 12 best-positioned stocks right now, investment bank Bernstein told clients Wednesday. We share the favorable outlook on Meta and Pioneer, but aren’t as high on the two other Club names Bernstein highlighted: Qualcomm (QCOM) and Devon Energy (DVN).

The current German coalition government is seeking to accelerate the country’s transition away from fossil fuels and nuclear to renewable and sustainable production energy means. Sean Gallup | Getty Images News | Getty Images The global energy transition is off track to prevent the worst impact of the climate emergency, according to the head of

In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Attorney Steven Donziger arrives for a court appearance at Daniel Patrick Moynihan United States Courthouse in Manhattan on May 10, 2021 in New York City. Michael M. Santiago | Getty Images The Supreme Court refused Monday to consider the appeal of a disbarred lawyer jailed

Lindsay Lohan attends/performs during a photocall for “Speed The Plow” at Playhouse Theatre on September 30, 2014 in London, England. Tim P. Whitby | Getty Images The Securities and Exchange Commission has unveiled fraud and unregistered securities charges against crypto founder and Grenadian diplomat Justin Sun, alongside separate violations against the celebrity backers of his

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 Thursday’s key moments. Stocks rise Thursday Citi upgrades Pioneer Macau data helps Wynn 1. Tech leads market higher All three major U.S. stock indexes rose Thursday, led by the technology-heavy Nasdaq , which

ACCRA, GHANA – On the afternoon of Dec. 26, 2022, Chris Maurice finally capitulated and went to the emergency room at Hospital Clinic de Barcelona, just west of the city’s gothic quarter. For roughly ten months, the 26-year-old CEO of the largest centralized crypto exchange in Africa had ignored many of the symptoms consistent with

The Club on Friday is updating five price targets for stocks in the portfolio to reflect recent developments at the companies and broader macroeconomic trends. We’re also adding a new stock to the bullpen, while reiterating our support for Morgan Stanley amid the recent upheaval in the banking sector. Meta We’re increasing our price target

The Club has taken a restrained approach to the oversold stock market in recent days, making only one purchase after an assertive buying spree the week prior. In a volatile market, investors’ best course of action sometimes is doing very little, or nothing at all. Our only buy this week came Monday. We scooped up

Goldman Sachs said in a research note Thursday the recent energy sector pullback should be viewed as a reason to buy since that strategy has worked well since late 2020. Thinking along those lines, we did add to one of our three oil exploration and production (E & P) stocks twice this month. However, we’re

Looking east to the Tracy Power Plant, a natural gas and oil-fired power plant owned and operated by Sierra Pacific Power, located near Interstate 80 and the Truckee River between Reno and Fernley, Nevada. Neil Gilham | Moment | Getty Images Nevada’s largest electricity provider has been approved for a $333 million project to develop

In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S.

We’re buying 25 shares of Pioneer Natural Resources (PXD) at roughly $185 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 175 shares of PXD, increasing its weighting in the portfolio to 1.26% about from 1.09%. With oil prices and energy stocks under pressure in recent weeks — and the stock market in deep

Chinese President Xi Jinping speaks with Russian President Vladimir Putin as leaders gather for a family photo during the Belt and Road Forum on Yanqi Lake, outside Beijing, China, May 15, 2017. Damir Sagolj | Reuters China and Russia are taking center stage this week as both countries look to deepen ties just as a

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. Look for buying opportunities Buy Starbucks Watch Nvidia 1. Look for buying opportunities Stocks ticked largely higher to start the trading week Monday after UBS reached an agreement to buy

In this article BMW-DE RR.-GB Follow your favorite stocksCREATE FREE ACCOUNT Rolls-Royce has been working on a Micro-Reactor program “to develop technology that will provide power needed for humans to live and work on the Moon.” Lorenzo Di Cola | Nurphoto | Getty Images LONDON — The UK Space Agency said Friday it would back

We’re buying 50 shares of Emerson Electric (EMR) at roughly $80.54 and 130 shares of Halliburton (HAL) at roughly $30.20. Following Friday’s trades, Jim Cramer’s Charitable Trust will own 750 shares of EMR, increasing its weighting in the portfolio to 2.38% from 2.22% and 1,800 shares of HAL, increasing its weighting in the portfolio to about