SLB to invest nearly $400 million in carbon capture company in push to scale technology
SLB is targeting $3 billion in revenue from its new energy business by the end of the decade, with carbon capture and storage expected to play a leading role.
SLB is targeting $3 billion in revenue from its new energy business by the end of the decade, with carbon capture and storage expected to play a leading role.
U.S. crude stockpiles rose by 9.3 million barrels for the week ending March 22, according to the American Petroleum Institute.
Crude oil futures held steady on Tuesday as the wars in Eastern Europe and the Middle East disrupt supplies.
A global gold rush is underway for a long-overlooked resource that advocates say could play a significant role in the shift away from fossil fuels.
At least 10% of Russia’s refining capacity has been disrupted by the attacks, according to British intelligence.
The IEA stressed that its mandate remain maintaining energy security and accelerating clean energy transitions.
Oil and gas executives strongly pushed back against the U.S. pause on new LNG exports during the CERAWeek energy conference in Houston.
Oil and gas executives strongly pushed back against the U.S. pause on new LNG exports during the CERAWeek energy conference in Houston.
Violence in the region threatens tanker shortages if conflict lasts another six months.
Top oil executives have been sharply criticized for pushing back on the viability of the clean energy transition at a U.S. conference.
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