News

CNBC Energy

GE, Safran developing clean energy aircraft engines that could work with hybrid technology, hydrogen
General Electric's aviation unit and joint venture partner Safran plan to develop new aircraft engines that would require more than 20% less fuel.

Goldman Sachs: These renewable energy stocks are set for ‘unprecedented growth’
Analysts at Goldman Sachs have named renewable energy companies that are set for "unprecedented growth" and said now is the time to invest.

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.

WorldOil

Iran believes a U.S. energy sanctions deal is in reach, warns “very little time” to settle it
Oil markets are closely watching the negotiations for any clues as to when the OPEC member will be able to resume crude sales, and how quickly Washington will allow it to ramp up production.

Oil price climb continues as expectations for more Iranian crude exports fade
Oil hit a 32-month high as the rollout of coronavirus vaccines boosted demand expectations for Europe and the U.S., and confidence faded over a quick return of Iranian crude supply.

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.