Venezuela skirts US sanctions by funneling oil sales via Russia
President Nicolas Maduro is funneling cash from Venezuelan oil sales through Russian state energy giant Rosneft to evade U.S. sanctions. Source: CNBC RSS...
President Nicolas Maduro is funneling cash from Venezuelan oil sales through Russian state energy giant Rosneft to evade U.S. sanctions. Source: CNBC RSS...
The K50 sits low and wide, with classic supercar proportions, and the partners behind the project are betting there is an emerging and still largely untapped market for high-performance electric cars. Source: CNBC RSS...
The company's new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. Source: CNBC RSS...
ConocoPhillips strikes the largest transaction in the exploration and production space outside the U.S. this year. Source: CNBC RSS...
A black swan event could soon be surfacing in energy markets, industry experts have told CNBC. Source: CNBC RSS...
All versions of the R8 will be able to blow past 200 mph, while the limited-edition R8 Decennium will become the first Audi model to top $200,000. Source: CNBC RSS...
Schneider Electric reported on Thursday its first quarter results with revenue growth of 9 percent at 6.31 billion euros, above consensus of 6.13 billion euros. Source: CNBC RSS...
"There is no truth that Secretary Perry is departing the administration any time soon," a Department of Energy spokesperson said. Source: CNBC RSS...
Oil prices dropped on Thursday as the impact of plentiful U.S. production offset a surprise decline in U.S. inventories, leaving international benchmark Brent retreating from a five-month high touched in the previous session. Source: CNBC RSS...
Jim Cramer explains why more mergers in the energy and oil space could be in the works. Source: CNBC RSS...