Energy

Bill Ross | The Image Bank | Getty ImagesOil prices surged Monday to their highest since mid-April, following an attack on a key Russian oil export hub and extended production cuts by OPEC kingpin Saudi Arabia and Russia.Over the…
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The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England.Matt Cardy | Getty Images News | Getty ImagesLONDON — Oil major BP on Tuesday reported a nearly 70% year-on-year drop in…
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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…
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Europe was gripped by punishing heat waves in the summer of 2022, with wildfires, droughts and deaths highlighting what many around the world already know: Weather extremes can have devastating, real-world consequences.  When it comes to…
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Former President Donald Trump's national security advisor, John Bolton, said the Biden administration is making a "stunning mistake" in its pursuit of a nuclear deal with Iran.Bolton, a longtime Iran hawk, argued the deal would make Iran…
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Airseas, the maritime unit of France's Airbus, has developed a gigantic, automated kite called Seawing, which essentially tows a ship.AirseasThe shipping industry accounts for nearly 3% of the world's total greenhouse gas emissions,…
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Michael Sonnenfeldt, Tiger 21 Scott Mlyn | CNBCThe members of Tiger 21 – a peer network of ultrahigh net worth entrepreneurs and investors – are putting most of their money to work in the stock market for the first time.Tiger 21 consists…
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CNBC's MacKenzie Sigalos and William Rudolf Lobkowicz in the Family Chapel of the Lobkowicz Palace depicting an early 18th-century altarpiece painting of St. Wenceslas, patron saint of the Czech nation.House of LobkowiczPRAGUE — It is…
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U.K.-based startup Tevva on Thursday launched a hydrogen-electric heavy goods vehicle, becoming the latest company to make a play in a sector attracting interest from multinationals like Daimler Truck and Volvo.According to Tevva, which…
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Russian President Vladimir Putin has demanded so-called "unfriendly" countries pay for Russian gas in rubles.Mikhail Klimentyev | Afp | Getty ImagesRussian President Vladimir Putin has sought to ratchet up the pressure on foreign buyers…
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