Environment

A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Oil and gas prices are set to spike further as the Russia-Ukraine crisis escalates, but the impact on energy won’t be the only ramification. From wheat to barley, and copper to nickel, analysts tell CNBC that

Airbus hydrogen A380 demonstrator Airbus hydrogen A380 demonstrator Airbus said it plans to test a hydrogen-powered engine on a modified A380 by the middle of the decade, in hopes of bringing lower-emissions fuels to commercial air travel. The European aircraft giant said Tuesday that it’s working with engine-maker CFM International — a joint venture of

In this article @CL.1 @LCO.1 The oil and gas terminal at the Port of Odessa in Odessa, Ukraine, on Saturday, Jan. 22, 2022. Christopher Occhicone | Bloomberg | Getty Images Oil prices jumped as the crisis between Russia and Ukraine escalated. On Monday evening, Russian President Vladimir Putin ordered forces into two breakaway regions of

In this article TATAPOWER-IN RWE-DE This image shows onshore wind turbines in Gujarat, India. Shiv Mer | Istock | Getty Images German energy giant RWE and India’s Tata Power on Monday announced a collaboration that will focus on developing offshore wind projects in India. The firms said a memorandum of understanding relating to the plans

The receiving station for the Nord Stream 2 gas pipeline stands at twilight on February 2, 2022 near Lubmin, Germany. Sean Gallup | Getty Images German Chancellor Olaf Scholz has told CNBC that the West has to work “very hard” to find alternative sources of energy beyond Russia as talks of potential sanctions intensify. Speaking

DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using a decentralized autonomous organization, or DAO, to make it their own. You can think of a DAO like a group of individuals acting in concert with no single leader. Unlike a

EU Commission’s President Ursula von der Leyen holds a press conference ahead the G20 and the COP26 (Glasgow Conference) in the Berlaymont, the EU Commission headquarter on October 28, 2021 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images European Commission President Ursula von der Leyen has told CNBC that energy sanctions

Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested Texas residents to conserve power through Friday as temperatures surge in the state. Brandon Bell | Getty Images Texas led the country in building new renewable

South Korea is monitoring the Russia-Ukraine crisis closely to assess its impact on energy prices, or possible disruptions to supply chains, its trade minister told CNBC. “I think first, we are closely monitoring a spike in the energy prices,” Yeo Han-koo said, adding that as much as 92% of South Korea’s needs are being met

Steam rises from a cooling tower on September 7, 2007 at the Tennessee Valley Authority’s Watts Bar Nuclear Plant in Spring City, Tennessee, 50 miles south of Knoxville. Chris Baltimore | Reuters The government is going to spend billions of dollars to keep nuclear power plants open in the United States because they’re losing too

In this article AIR-FR A model of one of Airbus’ ZEROe concept aircraft displayed in Hamburg, Germany, on 18 January 2022. Marcus Brandt/dpa | picture alliance | Getty Images Aviation could face substantial challenges if it’s unable to decarbonize in a timely manner, according to the CEO of Airbus, who added that hydrogen planes represent

In this article ENR-DE RWE-DE No-Mad | iStock | Getty Images German power firm RWE has signed an agreement with Neptune Energy to develop a green hydrogen demonstration project in the Dutch North Sea, targeting an electrolyzer capacity of 300 to 500 megawatts. In a statement Tuesday, the firms said the H2opZee project would be

In this article @CL.1 DVN A Halliburton oil well fielder works on a well head at a fracking rig site January 27, 2016 near Stillwater, Oklahoma. J. Pat Carter | Getty Images Russian President Vladimir Putin has long made it clear that he is no fan of U.S. shale drilling. But, if he invades Ukraine,

Employees arrive at ConocoPhillips headquarters in Houston, Texas. F. Carter Smith | Bloomberg | Getty Images Oil and gas major ConocoPhillips is in the bitcoin mining fuel business. The company said in a statement to CNBC on Tuesday that it has one bitcoin pilot project currently operating in the Bakken, a region in North Dakota

In this article BP.-GB A BP logo on display in London, U.K., on Tuesday, Feb. 2, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images The CEO of BP has labeled the oil and gas giant a “greening company” which is carbon-intensive today but planning for a net-zero future. His comments are likely to raise

Bernard Looney, chief executive officer of BP Plc, gestures while speaking during a news conference in London, U.K., on Wednesday, Feb. 12, 2020. Bloomberg | Getty Images Oil and gas giant BP said Monday that mounting risks of a Russian invasion of Ukraine are having no impact on its operations within the major energy-producing nation.

LONDON — The ramifications of the Industrial Revolution, which had its roots in 18th-century Britain, were huge. Britain’s abundance of coal — as well as the ease with which it could be accessed — was a crucial ingredient in this historical turning point, powering the steam engines which helped drive society’s transformation. But things have

In this article SPWR TTE-FR Construction workers install SunPower tiles on homes in San Ramon, Calif. Robert Nickelsberg | Getty Images TotalEnergies is buying SunPower‘s commercial and industrial business, the two companies announced Wednesday evening. The $250 million deal includes $190 million cash up front, plus another $60 million to be paid if an extension

Brent Whitehead and Matt Lohstroh at the Texas A&M versus Alabama football game. Matt Lohstroh HOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at Texas A&M University, they decided to get into the business of mining bitcoin on the oil fields of East Texas. The year was 2019, and at the time, the

In this article IAG-GB AIR-FR Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the director general of the International Air Transport Association told CNBC Friday. “I think quantity is the main issue at the