Oil and Gas

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 | Picture Alliance | Getty ImagesThe CEO of Italian power firm Enel told…

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 big a deal as ExxonMobil's first-of-its-kind deal to extract, transport and store carbon from other companies'…

Former US secretary of the treasury Steven Mnuchin on a panel at the Future Investment Initiative in Saudi Arabia in October 2022. Mnuchin this week criticized the G-7's plan for a cap onFayez Nureldine | Afp | Getty ImagesFormer U.S.…

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 the French automotive giant.  On Tuesday, it was announced that the Renault Group and…

Americans look to the country's most powerful bank, the Federal Reserve, to combat inflation."I think our biggest problem, at least for the foreseeable future, is high inflation," Mark Zandi, chief economist at Moody's Analytics, told…

BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm's strategy was to "to invest in hydrocarbons today, because today's energy system is a hydrocarbon system."F.…

Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022.Hussam Shbaro | Anadolu Agency | Getty ImagesOil is all Russia's economy has left following its invasion of Ukraine earlier this year, according to Amos Hochstein, special…

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. Looking for new names We made 2 trades Earnings recap 1. Looking for new names Stocks…

An Iberdrola facility photographed in Spain. Europe is looking to develop a number of hydrogen projects over the coming years.Angel Garcia | Bloomberg | Getty ImagesHydrogen will be injected into a gas-fired, grid-connected power station…

A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin's invasion of Ukraine.Krisztian Bocsi | Bloomberg | Getty ImagesThe executive director…