Occidental’s 1PointFive Gets $500M DOE Boost
1PointFive secures $500M from DOE for Texas DAC Hub, boosting carbon capture efforts.
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1PointFive secures $500M from DOE for Texas DAC Hub, boosting carbon capture efforts.
Oil prices drop as OPEC revises demand forecasts, offsetting storm supply concerns. Global demand outlook remains weak.
OPEC revises 2024 demand outlook, causing oil prices to hit lowest levels. Concerns arise over China's economic challenges.
Russia boosts 2024 oil, gas export revenue forecast by $17.4B, indicating resilience to Western sanctions.
Oil prices dip on U.S. and China demand worries, Libya supply rise, despite big U.S. inventory withdrawal and OPEC+ delay.
Nigeria faces fuel shortages due to NNPCL's financial strain despite record profits, impacting daily life and costs.
Oil futures see boost after API reports a larger-than-expected drop in US crude stocks, signaling market adjustments.
APA Corp explores selling Permian assets to reduce debt amid industry dealmaking boom, focusing more on shale operations.
Canada's major rail operators issue lockout notices, risking economic disruption and halting key exports.
New SEC rules on climate risk aim to protect investors by ensuring transparency and addressing financial impacts of climate change.
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