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Energy
Ukraine’s energy giant Naftogaz will be out of default soon: CEO
The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its debt default problems quickly.Oleksiy Chernyshov told CNBC's Hadley Gamble at the World Economic Forum in Davos on Tuesday that he is in…
Ex-Genesis execs raised cash for crypto hedge fund before bankruptcy
Just weeks before crypto lender Genesis filed for bankruptcy, three former employees of the company had secured millions of dollars for a new crypto hedge fund, according to correspondence viewed by CNBC.Matt Ballensweig, who left…
UK Labour leader Starmer slams PM’s Davos no-show, touts new ‘inverse OPEC’
DAVOS, Switzerland - Jan. 19, 2023: Keir Starmer, leader of the Labour Party, during a CNBC panel session on day three of the World Economic Forum (WEF).Stefan Wermuth/Bloomberg via Getty ImagesU.K. opposition Labour Party leader Keir…
Greta Thunberg on UAE oil CEO leading COP28: ‘Completely ridiculous’
Climate activist Greta Thunberg speaking on the main stage in George Square as part of the Fridays for Future Scotland march during the Cop26 summit in Glasgow. Picture date: Friday November 5, 2021.Jane Barlow | PA Images | Getty…
Aramco says windfall taxes ‘not helpful,’ could stifle decarbonization
Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip supply, the CEO of Saudi Aramco, the world's largest and most profitable energy company, said during the World…
Qatar does not advocate ‘forgive and forget’ for Russia: foreign minister
Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani speaks during a joint press conference with his French counterpart in Doha on March 28, 2022.Mustafa Abumunes | Afp | Getty ImagesQatari Foreign Minister…
Russian gas will eventually return to Europe as nations ‘forgive and
On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfunctioning turbine.Hannibal Hanschke | ReutersThe European Union's rejection…
Best performing stocks of 2022
Look back on the best-performing stocks in a given year and you're likely to see a mixed bag: some mainstays, some breakouts and maybe even a meme stock or two.Not so in 2022. Each of the 10 top-performing stocks in the S&P 500 index…
Tesla, EV industry get first recession stress test. Will it be a bust?
Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong.Sopa Images | Lightrocket | Getty ImagesIs the first electric-vehicle recession here, or coming soon?As electric-car stocks plummeted in late 2022,…
Exxon predicted global warming with remarkable accuracy: study
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas.Brandon Bell | Getty ImagesThree academics from Harvard and the University of Potsdam in Germany published a study in the journal Science on Thursday…