Svante to develop carbon capture project at Arkansas pulp mill with DOE backing
Canada’s Svante has unveiled plans to develop a carbon capture and storage facility at the Arkansas-based Ashdown pulp and paper mill to support the removal of 1.5 million tonnes of…
Brazil’s Lula Backs Government Non-Interference In Petrobras’ Pricing Strategy
Brazilian President Luiz Inacio Lula da Silva has approved government non-interference in monetary policy and the pricing strategy of state-run oil giant Petrobras (NYSE:PBR). According to the leftist president, his…
Traders Go All-In on Middle East Oil as Sanctions Reshape Market
Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle Eastern crude and global benchmark Brent. The action…
UK Sets Goal to Cut CO2 Emissions by 81 Percent by 2035
The UK submitted a plan to the United Nations to cut its CO2 emissions by at least 81 percent by 2035, just as the country’s status as a global climate leader…
Russia’s Oil Production Slipped 2.8%, Gas Output Rose 7.6% in 2024
Russia’s Oil Production Slipped 2.8%, Gas Output Rose 7.6% in 2024 | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Jan 30, 2025, 11:30 AM CST Russia pumped 2.8% lower…
Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings
ByTsvetana Paraskova– Jan 30, 2025, 7:30 AM CST Shell (NYSE: SHEL) on Thursday raised its fourth-quarter dividend by 4% and announced a new share buyback program even as it reported…
EU Officials Discuss Restart of Russian Gas as Part of Ukraine Peace Deal
EU Officials Discuss Restart of Russian Gas as Part of Ukraine Peace Deal | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Jan 30, 2025, 6:05 AM CST Some European…
Net Zero Needs $5.6 Trillion Annual Investment, But It’s Not Getting It
ByCharles Kennedy– Jan 30, 2025, 10:30 AM CST Global investments in green energy solutions topped $2 trillion last year, for the first time ever, but the world needs to pour…
Refining Giant Valero Tops Q4 Estimates Despite Earnings Slump
Refining Giant Valero Tops Q4 Estimates Despite Earnings Slump | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Jan 30, 2025, 9:30 AM CST Valero Energy Corporation (NYSE: VLO) booked…
Buyers Flock to Negotiate U.S. LNG Deals Amid Trump’s Tariff Threat
Buyers Flock to Negotiate U.S. LNG Deals Amid Trump’s Tariff Threat | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Jan 30, 2025, 8:30 AM CST Potential buyers from India,…
