News

CNBC Energy

How this billionaire family business wants to become a better corporate citizen
Kevin Tan, CEO of Alliance Global explains the company's post-pandemic environmental and social efforts.

This company is making soil-based batteries
Bioo is generating electricity from the organic matter in soil and creating biological batteries to power agricultural sensors.

Cement giant LafargeHolcim is teaming up with GE's renewables unit on wind turbine recycling
The plans announced this week build on the companies' existing relationship.

Cornwall, home of the climate-themed G-7 summit, is embracing a push toward renewable energy
As well as wind and solar projects, Cornwall is also home to a fledgling geothermal energy sector.

EV stocks are 'overpriced' — but there's a good way to play them, says strategist
Electric vehicle makers are getting too expensive, but there's another way to invest in the sector, says David Roche of Independent Strategy.

WorldOil

Shell said to consider sale of largest oil field in the U.S., valued at up to $10 billion
The potential sale could include all of Shell’s 260,000 acres in the Permian Basin, Reuters reported citing unidentified people familiar with the matter. Shell declined to comment on Reuters’ report.

Keystone XL protestors want Biden to revoke more pipeline permits
Environmentalists emboldened by this week’s defeat of Keystone XL are pressuring President Joe Biden to revoke permits for other oil and gas pipelines, warning their votes depend on the administration blocking fossil fuel infrastructure.

Three Chesapeake Energy executives depart in post-bankruptcy shakeup
Chesapeake Energy said three executives are leaving, marking the latest shakeup of the senior ranks at the Oklahoma oil and gas producer since it emerged from bankruptcy four months ago.