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After a profitable year, some oil companies are decelerating their shift to renewables, with industry leaders now advocating for a more gradual reduction in fossil fuel use despite acknowledging climate change.
After a profitable year, some oil companies are slowing their pivot to renewables. Oil executives have mostly stopped denying climate change, but now argue that the world should not act quickly to cut fossil fuel use. In fact, last year, industry leaders slowed down climate plans.
President Trump signaled major changes in Venezuela weeks before Nicolás Maduro’s ouster, highlighting oil’s central role in U.S. strategy and energy policy.
This report dives into U.S. policy, its appetite for new power to promote data centers and AI growth, and the downstream impacts that has on the automotive industry and their powertrain choices.
CNBC’s “Power Lunch” team discuss oil markets as crude oil prices reach their 2021 low with Dan Pickering, founder and chief investment officer of Pickering Energy Partners.
This report dives into U.S. policy, its appetite for new power to promote data centers and AI growth, and the downstream impacts that has on the automotive industry and their powertrain choices.
U.S. firm Carlyle weighs buying Lukoil’s international oil assets ahead of new sanctions, as reported by Reuters. Deal faces licensing and geopolitical challenges.
The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades and setting up a confrontation with Gov. Gavin Newsom, a Democrat who has fought offshore drilling.
This report dives into U.S. policy, its appetite for new power to promote data centers and AI growth, and the downstream impacts that has on the automotive industry and their powertrain choices.
The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades and setting up a confrontation with Gov. Gavin Newsom, a Democrat who has fought offshore drilling.
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