Energy
BP names new CEO — its fourth in 6 years
British oil giant BP has appointed Woodside Energy boss Meg O’Neill as its next CEO, replacing Murray Auchincloss after less than two years in the role. Auchincloss will step down today, with Carol Howle, BP’s executive vice president for supply, trading and shipping set to serve as interim CEO until O’Neill takes over the role […]
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Coinbase adds prediction markets and stock trading in push to be one-stop trading app
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase is making its biggest push yet to reposition itself as a mainstream trading and financial platform, moving beyond crypto and into the broader retail […]
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AI future: Big Tech faces key House vote on reforming permit process
Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping the U.S. beat out China […]
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India’s inflation rises to 0.71% in November as decline in food, fuel prices loses steam
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 0.71% in November, accelerating from an all-time low of 0.25% in the prior month. The headline inflation number was in line with […]
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‘Spoof’ ship: Seized oil tanker Skipper hid location data, visited Iran and Venezuela
Skipper port calls in 2025 MarineTraffic The big crude oil tanker that U.S. forces seized Wednesday off the coast of Venezuela since 2024 has shown a “clear pattern” of spoofing its location to hide where it actually was, according to a leading energy consulting firm. And data suggests that the Guyana-flagged tanker identified as Skipper […]
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U.S. seizes oil tanker off the coast of Venezuela: Report
A Venezuelan flag in La Guaira, Vargas State, Venezuela, on Sunday, Nov. 30, 2025. Bloomberg | Getty Images U.S. forces have seized a sanctioned oil tanker off the coast of Venezuela, people familiar with the matter told Bloomberg News. Oil prices rose slightly on the reported seizure. U.S. crude oil was up 28 cents, or […]
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These energy stocks are outperforming but underappreciated, according to Goldman Sachs
Power companies caught the attention of Goldman Sachs analysts in November. Ceres Power , Vestas Wind Systems and SSE were among the top performers watched by the investment bank last month. The names come from the bank’s “Conviction List – Directors’ Cut,” a monthly update on stocks it recommends to buy, which is chosen by […]
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Cramer: I may need to reevaluate our Costco position. Plus, a good sign for Linde
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 Tuesday’s key moments. 1. Stocks are higher ahead of Wednesday’s Federal Reserve interest rate decision. The U.S. central bank is expected to cut rates by 25 basis points, making it the third cut […]
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CNBC Daily Open: The Warner Bros. Discovery deal — a cliffhanger in the making?
A view of the water tower at Paramount Studios on Oct. 30, 2025 in Los Angeles, California. Mario Tama | Getty Images Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix’s announcement last week that it had reached a deal to buy the HBO owner. The company is “here […]
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Trump ban on wind power projects overturned by federal judge
Power generating wind turbines tower over the rural landscape on July 5, 2025 near Pomeroy, Iowa. Scott Olson | Getty Images A federal judge on Monday overturned President Donald Trump’s sweeping ban on new wind power projects in the U.S., a major victory for an industry that has been singled out by the White House […]
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