TotalEnergies SE

With the U.S., EU and U.K. looking to phase out Russian gas imports, western leaders could look to LNG projects in sub-Saharan Africa to soften the landing.

“I will not give them for free to Mr. Putin,” TotalEnergies CEO says of the company’s Russian assets.

For some, cutting ties with Russia marks the end of more than three decades of investment there following the collapse of the Soviet Union in 1991.

His comments came as Shell said that it intends to exit its joint ventures with Russian gas giant Gazprom and its related entities.

Money is pouring into investments in oil-related stocks, and international oil companies are raking in record profits.

The oil and gas giant said full-year 2021 net profit came in at $18.1 billion. That compared with a profit of $4.1 billion the previous year.

SunPower first announced plans to spin off the division in October.

European stocks pulled back Thursday after a red hot inflation print out of the U.S. cemented the likelihood of significant interest rate hikes this year.

As the world transitions away from fossil fuels, oil and gas companies are looking towards plastic as their next major growth market.

The U.N. says the situation in Myanmar has been worsening since the turn of the year, warning that people in the country are facing an unprecedented crisis.

Arlington residents are speaking out against the planned expansion of natural gas drilling sites in their community.

Aramco reports a 160% surge in third quarter net income to $30.4 billion, free cash flow jumps 131% as the oil giant capitalizes on market recovery.

European stocks closed mixed on Friday as traders digested a raft of U.S. and domestic corporate earnings.

European stocks closed slightly higher on Thursday as investors digested corporate earnings and a rate decision by the European Central Bank.

Bank of America has named the expected winners — and losers — of the ongoing supply chain disruption.

A new cold front could open up in the political tension between the European Union and Russia over energy. This time in the Arctic.

Improving Russian citizens’ living standards is President Vladimir Putin’s biggest concern right now, he told CNBC on Wednesday.

Surging gas prices have led to a jump in the use of coal, a high-polluting fuel whose use Europe has been trying to reduce.

Russian President Vladimir Putin said Wednesday that his country is not using energy as a weapon against Europe.

Watch Russian President Vladimir Putin and business leaders on a CNBC-moderated panel at Russian Energy Week.