Environment

Germany entered a technical recession on May 25, and economists have predicted that GDP growth is set to stagnate for the rest of the year, painting a gloomy picture for Europe’s largest economy. Anadolu Agency | Anadolu Agency | Getty Images With Germany already in a technical recession, economists predict that GDP growth is set

Haitham al-Ghais, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), speaking at the Energy Asia Summit on June 26, 2023. Bloomberg | Bloomberg | Getty Images The secretary-general of the Organization of Petroleum Exporting Country signaled that the influential producers’ alliance is actively open to recruiting new members. Asked if he is trying to

In this article TTE-FR Follow your favorite stocksCREATE FREE ACCOUNT The chief executive of TotalEnergies defended the firm’s greenhouse gas emissions strategy, saying the company remains committed to oil and gas despite repeated warnings that increasing fossil fuel production will only make matters worse. Speaking to CNBC’s Dan Murphy in Vienna, Austria on the sidelines

Global commodities have seen a more than 20% slump compared to the same period last year, as reflected by the S&P GSCI Commodities index. Jung Getty | Moment | Getty Images Prices of commodities like crude oil and iron ore have been sliding this year, underlining a continuing economic rout across the globe and possible

Amin Nasser, chief executive of Saudi Arabian oil giant Aramco. Adam Galica | CNBC The chief executive of Saudi Arabian oil giant Aramco on Wednesday attributed the ongoing depression of oil prices to recessionary fears and economic headwinds, painting a more optimistic landscape for demand to come. “This is in a year where there [are]

In this article IBE-ES ENR-DE Follow your favorite stocksCREATE FREE ACCOUNT Hydrogen storage tanks in Spain in May 2022. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Angel Garcia | Bloomberg | Getty Images The buzz around hydrogen has gotten increasingly loud in the past few

Technology stocks ought to take a bow. They were the standout performers in the first half of 2023, powering Wall Street — and the Club’s portfolio – higher over the first and second quarters in impressive fashion. The tech-heavy Nasdaq Composite recorded its best first half of a year since 1983, rising 32.7% through Friday’s

A decision Monday by Saudi Arabia and Russia, the world’s largest oil exporters, to cut production in an effort to push up oil prices is a bullish development for the Club’s struggling energy holdings. Saudi Arabia, the de-facto head of the Organization of the Petroleum Exporting Countries, said it would extend a voluntary oil-output cut

A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images Costly failures at wind turbine manufacturer Siemens Gamesa last month sent shares of parent company Siemens Energy tumbling, and analysts are concerned about wider teething problems across the industry.

Oil rigs on platforms in Gaoyu Lake in east China’s Jiangsu province Friday, Sept. 17, 2021. Barcroft Media | Getty Images Oil and gas will continue to be leading sources of energy for decades to come on the back of a lagging energy transition, major industry players said at the Energy Asia conference held in

KUALA LUMPUR, Malaysia — Malaysia has ambitious goals to cut its greenhouse gas emissions by 2050 — but the Southeast Asian nation cannot do it alone, said the country’s Prime Minister Anwar Ibrahim. “They expect developing countries like Malaysia to do it on our own which is not realistic,” Anwar told CNBC’s JP Ong at

Jonny Bairstow of England removes a “Just Stop Oil” pitch invader during Day One of the Ashes 2nd Test match between England and Australia at Lord’s Cricket Ground. Stu Forster | Getty Images Sport | Getty Images The first morning of the second Ashes Test at Lord’s was interrupted when Just Stop Oil protesters ran

Petronas sign against the backdrop of the Twin Towers. Goh Seng Chong | Bloomberg | Getty Images Asia needs to achieve net zero before the world can do so, according to the CEO of Malaysia’s state-owned oil and gas company Petronas. “The bulk of the emissions [that] are expected to emit will be produced in

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 Tuesday’s key moments. No man’s land Watch Big Tech holdings Stick with Coterra Energy 1. No man’s land Stocks edged up Tuesday morning, as the market attempted to stage a rebound following a

Amin Nasser, the chairman and CEO of Saudi Arabia’s state-run oil giant Aramco. Jon Gambrell | AP KUALA LUMPUR, Malaysia — Saudi Arabia’s state-owned oil giant Aramco is bullish on oil markets for the rest of 2023 as demand from major importers China and India is expected to be strong despite an expected global downturn.

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. Equities down, as energy outperforms Stick with Palo Alto Networks Watch Wells Fargo 1. Equities down, as energy outperforms Stocks edged down in midmorning trading Monday, as Wall Street entered

The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. In October last year, the oil cartel announced its decision to cut output by two million barrels per day. Joe Klamar | Afp | Getty Images KUALA LUMPUR — Global oil demand will rise to 110 million barrels a day

Russia’s President Vladimir Putin issues a statement in Moscow on June 24, 2023 as Wagner fighters stage rebellion in the biggest threat to Putin’s quarter-century grip on power. Pavel Bednyakov | AFP | Getty Images Oil prices rose on Monday after an attempted insurrection in Russia stoked fears that energy supplies would be disrupted by

German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, head of the German Industry Federation (BDI). CNBC’s Annette Weisbach asked Russwurm whether the ongoing energy situation was “bad enough” for companies to relocate, to which he responded: “It is indeed.” “A lot of family-owned companies

Shortly after the opening bell Friday, we’ll be selling 15 shares of Linde (LIN), at roughly $376.77 each. Following the trade, Jim Cramer’s Charitable Trust will own 190 shares of Linde, decreasing its weighting in the portfolio to 2.54%, from 2.73%. We’re booking profits in industrial gas giant Linde Friday morning, consistent with our discipline