News

CNBC Energy

New York City Council embraces pillar of AOC's Green New Deal, passing building emissions bill
New York City Council passes legislation that sets new building standards and aims to slash greenhouse gas emissions by 40% over 10 years.

Venezuela skirts US sanctions by funneling oil sales via Russia
President Nicolas Maduro is funneling cash from Venezuelan oil sales through Russian state energy giant Rosneft to evade U.S. sanctions.

Chinese electric sports car Qiantu K50 by Mullen coming to US roads next year
The K50 sits low and wide, with classic supercar proportions, and the partners behind the project are betting there is an emerging and still largely untapped market for high-performance electric cars.

Faster than a fighter jet: The $2.5 million Pininfarina Battista electric hypercar debuts in US
The company's new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds.

ConocoPhillips exits UK oil and gas production in huge $2.7 billion North Sea sale
ConocoPhillips strikes the largest transaction in the exploration and production space outside the U.S. this year.

WorldOil

Trump's LNG push is helping power German green cruise liner boom
President Donald Trump’s bid to dump a glut of liquefied natural gas on Europe is getting an unlikely boost: stringent regulations on shipping emissions that are prompting the continent’s shipyards to hunt for alternatives to high-polluting diesel.

Reliance rebukes reports of inappropriate payments for Venezuela oil
Claims of Reliance Industries Ltd.'s purchases of crude oil from Venezuela’s state-owned oil company, PDVSA, for payment in cash to third parties are false, according to the company.

Total's digital factory signals AI for drilling optimization
Total's use of artificial intelligence to screen geological data will help the oil and gas industry identify new prospects, and shorten the time to acquire licenses, drill and make discoveries,