energy

Nuclear energy must be part of the equation to tackle climate change, the U.N. nuclear chief said Wednesday. Climate-warming hydrocarbons still supply more than 80% of the world’s energy, even after the trillions of dollars spent in the…

China Petrochemical Corporation, better known as Sinopec Group, is the world's largest oil refining, gas and petrochemical conglomerate. Its a Chinese state-owned firm and as such is administered by the Chinese Communist Party's State-owned…

An array of US clean energy investments are being delayed or cancelled a year after Washington passed a landmark climate law, threatening to hold back the Biden administration’s emissions targets. The Inflation Reduction Act signed by…

© Reuters. Miniatures of windmill, solar panel and electric pole are seen in front of Brookfield Renewable logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Scott Murdoch and Lewis Jackson…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP reported a steep drop in third-quarter profits as energy prices fell and its gas trading business faltered.The UK…

Global markets have been gripped by escalating tensions in the Middle East, with particular focus on the ongoing conflict between Israel and Hamas. Oil prices, which had slightly eased last week, are once again on edge…

ronniechua/iStock via Getty Images Permian Resources (NYSE:PR), Chord Energy (NASDAQ:CHRD), and Magnolia Oil & Gas (NYSE:MGY) could be the next acquisition targets in the oil industry as consolidation continues with Exxon Mobil's…

Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return…

(Bloomberg) -- Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in US shale, according to people familiar with the matter.Most Read from BloombergDevon has held…

We are a world built on top of the rails afforded energy and power production. Whether we are discussing your smartphone in your hand, the shirt on your back, the home or apartment you reside in, or the electricity that is serviced to your…