‘Deeply damaging mistake’: UK’s decision to approve a new coal mine criticized as misguided
This image, taken in March 2021, shows the site where the new facility would be developed. Christopher Furlong | Getty Images News | Getty Images...
Oil and Gas
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U.S. pledges to ramp up supplies of natural gas to Britain as Biden and Sunak seek to cut off Russia
Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022. Saul Loeb | AFP | Getty...
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Renewables to overtake coal and become world’s biggest source of electricity generation by 2025, IEA says
Wind turbines in the Netherlands. A report from the International Energy Agency “expects renewables to become the primary energy source for electricity generation globally in...
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Energy markets are facing ‘one or two years of extreme volatility,’ Enel CEO says
This image, from March 2022, shows wind turbines and gas storage facilities in Germany. Europe’s energy markets have experienced turbulence in recent months. Jan Woitas...
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The big new Exxon Mobil climate change deal that got an assist from Joe Biden
Could it be that Big Oil’s next big thing got a big assist from Joe Biden? Maybe, if carbon capture and storage is indeed as...
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Autos giant Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at...
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Oil is all that Putin has left, U.S. presidential advisor Amos Hochstein says
Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022. Hussam Shbaro | Anadolu Agency | Getty Images Oil is all Russia’s economy has left...
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3 takeaways from our daily meeting: Looking for new stocks, 2 trades, earnings recap
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....
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Doctors decry ‘record profits’ for fossil fuel companies as climate change weighs on global health
A man wearing a mask rows his boat as smoke from wildfires covers Seattle, Washington REUTERS/Karen Ducey Doctors are taking aim at the fossil fuels...
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UK trial will inject hydrogen into a gas-fired, grid-connected power station
An Iberdrola facility photographed in Spain. Europe is looking to develop a number of hydrogen projects over the coming years. Angel Garcia | Bloomberg |...
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Energy giants return to fossil fuels like coal as Europe braces for winter
Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by...
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EV sales to hit all-time high in 2022, IEA says, but more work needed to put world on net-zero path
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an...