President Donald Trump‘s social media company will provide the capital needed to bring TAE Technologies‘ first fusion power plant online in the United States by 2031, TAE CEO Michl Binderbauer told CNBC on Thursday. Binderbauer spoke shortly after his privately held company and Trump Media and Technology Group announced plans for an all-stock merger valued…
This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil…
Signage outside the Chevron Corp. headquarters in Houston, Texas, US, on Wednesday, Oct. 8, 2025. Mark Felix | Bloomberg | Getty Images Chevron on Friday reported third-quarter financial results that beat Wall Street estimates, as the company achieved record production due in part to its acquisition of Hess Corp. The oil major’s net income declined…
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil major Shell on Thursday reported a significant drop in third-quarter profit on weaker crude prices. Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of $5.05…
As Wall Street approaches the heigh of earnings season, CNBC’s Jim Cramer pinpointed the most important events happening next week — including the Federal Reserve’s meeting and earnings from Big Tech. Earnings are especially important as the government shutdown delays macro economic data, according to Cramer. He added that Friday’s gains make him fairly wary….
Oil pumpjacks operate at Daqing Oilfield at sunset on November 18, 2024 in Daqing, Heilongjiang Province of China. Vcg | Visual China Group | Getty Images Energy supermajors are being forced to confront some tough choices in a weaker crude price environment, with generous shareholder payouts expected to come under serious pressure over the coming…
An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron jet fuel production unit in California, one of…
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images Five months ago, British energy major BP was firmly in the spotlight as a prime takeover candidate. Now, not so much. Shares of the London-listed oil giant have climbed more…
The Chevron logo is seen at a gas station on July 18, 2025 in Austin, Texas. Brandon Bell | Getty Images The Trump administration’s fluctuating trade policies add uncertainty into the economy, but investors seeking stable income can look at dividend stocks to bolster their portfolios. To this end, the recommendations of top Wall Street…
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Images Saudi Aramco on Tuesday posted a drop…
