Hints and tips:
Related Special Reports
...Chevron in 2021, the company introduced an “aspiration” to reach net zero emissions in its own operations by 2050 and a target to cut the intensity of its emissions across the board — including from its products...
...The crude will enable the refinery to process an initial 350,000 barrels of crude oil a day into petroleum products, including petrol, diesel and low-sulphur fuels....
...“Setting a margin penalty would absolutely discourage investments here,” Andy Walz, president of Americas products at Chevron, wrote in a letter to the California Energy Commission dated December 12....
...We’re selling a product that’s good.”...
...“We are not selling a product that is evil. We’re selling a product that’s good.”...
...For decades, Gulf states have built their wealth on plentiful oil and gas reserves, which have powered the global economy....
...Water is used in most forms of fuel and power generation, for example, to pump for oil and gas or to produce steam in thermal power stations....
...“Chevron and Shell are oil majors and if they can’t get it right, who can?”...
...They’re used for asphalt, plastics, industrial products, etc. So it is tougher draw a direct line between heavy-oil imports and gasoline prices....
...But this focus caught the attention of Republicans typically aligned with the oil and gas industry....
...These actions seek to use consumer protection, racketeering, product liability and other laws to seek damages to pay for climate-related costs....
...For certain products sold in the EU, companies must verify that their supply chains have not contributed to forest destruction by submitting due diligence statements....
...ExxonMobil said in a statement that it “complies with all applicable laws and does not trade Russian oil or products”. It added that the oil in transit originated in Canada....
...In 2019, Iran’s Revolutionary Guard Corps sparked a diplomatic and maritime security crisis in the world’s busiest energy waterway....
...The company’s market value is roughly one-seventh of the country’s gross domestic product, and its annual profits are greater than the amount Venezuela spends on food imports in a year....
...He has previously compared technology to the “new oil” in the US economy....
...becoming an investable technology and BlackRock’s commitment in Stratos underscores its importance and potential for the world,” said Vicki Hollub, chief executive of Occidental, one of the biggest US oil...
...Among the initiatives he will champion is a project to create a market for “space debris removal bonds”, a financial product similar to those available for oil rigs, which guarantees that the cost of decommissioning...
...International crude benchmark Brent is up 20 per cent since the start of June and analysts say the oil price could rise more if the Israel-Hamas conflict escalates into a broader regional conflagration....
...the use of its products....
...The US Department of Energy said on Friday that it had chosen two “direct air capture” hub developments in Texas and Louisiana as recipients for the funding, one of which is being built by oil company Occidental...
...“Products that can’t be made safe can be banned,” said Richard Trumka, a Joe Biden-appointed commissioner at the US Consumer Product Safety Commission, referring to gas stoves in January....
...Unlike BP and Shell, the US oil majors have resisted setting targets for emissions from consumer use of their products because they would in effect force the companies to start reducing oil and natural gas...
...Shortly after Vladimir Putin ordered the invasion of Ukraine in 2022, the US banned all imports of Russian oil, liquefied natural gas and coal....
...Wednesday’s fourth-quarter gross domestic product figures from China are forecast to come in at 1 per cent for the quarter and 5.2 per cent year on year, compared with 1.3 per cent and 4.9 per cent respectively...
International Edition