London — Shell expects to have produced about two-thirds of its existing oil and gas reserves over the next two decades, the company said April 15, highlighting its falling exposure to future oil prices as the […]
Soaring coal prices in China are making mining companies prioritize output ahead of safety, a government agency said amid a spate of deadly accidents. A massive rescue operation is underway to try to save 21 […]
Energy News Beat Publishers Note (ENB): Iran has never stopped the enrichment of nuclear fuel since the 2015 Nuclear Agreement. Now they are emboldened to not negotiate. Iran’s new contracts with countries like China will […]
Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan. The Houthis launched missiles […]
McDermott International, Ltd today announced that its CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila Inc. (AG&P) for the engineering, procurement and construction of a liquefied […]
Sasol has launched plans to take a major step into the production of green hydrogen, both domestically in South Africa and in Germany. Sasol and Toyota South Africa Motors have launched a partnership to explore how […]
Energy News Beat Publishers Note (ENB): Very interesting from a state’s perspective on the Colorado SB 181 and the impact on oil. Considering that Colorado legislation has been presented to the Biden Administration to be […]
(Bloomberg) — Chevron Corp. ’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines. The investment by Chevron Technology Ventures is its first […]
Japan and the UAE have signed a hydrogen cooperation deal aimed at accelerating bilateral support for an international hydrogen supply chain. The agreement marks Japan’s first bilateral deal covering hydrogen production and development as the […]
Bank of America last week more than tripled its environmental financing goal, saying it wants to deploy more than $1 trillion by 2030 to accelerate the transition toward a low-carbon, sustainable future, according to a Thursday press […]
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