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...Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government....
...Venture Global’s first LNG facility, Calcasieu Pass, located on the Gulf coast in Louisiana, commenced producing LNG in January 2022 and exported its first cargo two months later....
...I reported this week on the new phase that the US shale patch has now entered as private players exit the stage and a handful of large public players reign supreme in the world’s biggest oil-producing nation...
...“The term phasing out is a decision like a death sentence”, he said on Sunday, pointing to continued demand for oil from developed nations “turn the table” to lay blame for climate change on oil-producing...
...It is a debate that is not easy but that oil-producing countries will have to face,” Marina Silva told the Financial Times....
...The bulk of ADM’s revenue comes from trading agricultural commodities such as corn and soyabeans, and producing edible oils, sweeteners and biofuels....
...“What’s clear from this year’s climate talks is that the UK government, like other oil producing countries, is failing to protect our world from dangerous climate change....
...Subsidiary Vencer Energy had raised oil production on the 44,000 net acre site from 40,000 to 60,000 barrels a day since it was purchased from Hunt Oil Co. in June 2021, Vitol said on Wednesday....
...In November, oil-producing countries were accused of stalling the first international agreement on cutting plastic pollution. “Big Oil is betting on plastic to save itself,” Marsh said....
...“Methane emissions are a huge threat to climate change and methane is a lot more powerful than CO₂,” said Elena Belletti, co-author of the Wood Mackenzie report, which warns regulation is getting serious...
...Gas when burnt produces less emissions than coal or oil. The gas will be delivered through pipes from Norway to hubs in the UK, Netherlands and Germany....
...John Cornyn, a Republican senator from the oil and gas-producing state of Texas, blasted the project review as a form of “climate wokeism”....
...The Penguins field has been producing oil since 2002. In 2018, Shell approved plans to extend the life of the project....
...Further restricting and disrupting the supply of Russian oil and gas is critical....
...of Bath in the UK and co-founder of palm oil alternative start-up the Clean Food Group....
...It was backed by several deep-pocketed investors, including BlackRock, US oil refiner Valero Energy and Poet, a top US biofuel refiner....
...“As long as the world needs oil and gas, we’ll all be focused on making sure that they have the most efficient, effective and responsible operator making and producing oil and gas, and doing it with the...
...This could allow some LNG to flow from the project to western-allied markets, in a similar way to how Japan has been authorised to import Russian crude oil from the Sakhalin 2 project above the price cap...
...And that might be a compromise that countries can agree to that would allow oil-producing nations to continue producing oil and gas and coal-producing nations so long as their emissions are captured....
...The CO₂ emitted in the production is also half the global average for a barrel of oil of 18kg/b, he added....
...Diamonds are one of the few remaining major Russian exports that have not been targeted by co-ordinated western sanctions, such as crude oil and precious metals....
...The success of the CCfD will also depend upon companies actually producing lower carbon alternatives, since they are paid only if they deliver....
...The authorities will carry out checks, the number of which will depend on the deforestation risk rating of the producing country....
...But the proposal was derailed by major oil and gas producing countries, including Russia and Saudi Arabia....
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