Rising oil prices inflame inflation fears
Norway is making more money from oil and gas exports than ever. Ole Berg-rusten | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international …
Oil and Gas
Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says
Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s …
Wet summer grants big cities in hydro-powered Norway 2 days of free electricity
Oslo — Electricity was free in Norway’s two biggest cities on Monday, market data showed, the silver lining of a wet summer. With power almost exclusively produced from hydro in Norway, …
ADNOC to spend over $1 billion a month on oil and gas for years, Global Witness says
Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the …
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle …
India isn’t over-dependent on Russian oil, says energy minister
Pedestrians walk past an oil refinery, operated by Bharat Petroleum Corp. Ltd., in Mumbai, India. Bloomberg | Bloomberg | Getty Images India isn’t overly dependent on anyone for oil — …
Ecuador votes to stop oil drilling in the Amazon reserve in “historic” referendum
Ecuadorans have voted to stop an oil drilling project in an Amazon reserve, according to the results Monday of a referendum hailed as a historic example of climate democracy. The …
Understanding the Latest Trends in the Global Energy Industry
Opinions expressed by Entrepreneur contributors are their own. From the energy proposals in the Inflation Reduction Act to new concerns about fuel dependency following the war in Ukraine, it’s been …
There’s a new narrative in markets
Drilling rigs sit unused on a companies lot located in the Permian Basin area on March 13, 2022 in Odessa, Texas. Joe Raedle | Getty Images News | Getty Images …
Occidental, Climeworks winners as Biden allocates $3.5B for CO2 removal
Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks The U.S. Department of Energy is investing up to $1.2 billion in giant vacuums that suck carbon out …