U.S. biofuel and corn industry groups said on Monday they are urging the Environmental Protection Agency to use restraint in its use of waivers exempting refiners from their biofuel blending obligations after the Supreme Court last week upheld the controversial program.
Oil prices slipped on Monday after hitting more than 2-1/2 year highs earlier in the session, as a spike in COVID-19 cases in Asia put a brake on their rally before this week’s OPEC+ meeting.
Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc’s banking watchdog said on Wednesday.
Comprising some 3.8% of the global economy, with revenues of some $3.3tr in 2019, the oil and gas drilling industry affects the life of every person on the planet. Yet, until recently, there was no objective measure of the knowledge, skills and competency levels of the operational geoscientists who play a key role in the industry’s activities.
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge: not only is its economy dependent on oil production, but the Canadian oil industry’s carbon emissions are among the world’s highest for every barrel of oil it pumps.
Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.
A shortage of personnel and basic materials are the main constraints to the pace of the energy transition for top power suppliers such as Europe’s largest utility Enel (ENEI.MI), the company’s Chief Executive Francesco Starace told Reuters.
Scientists say the world needs to cut greenhouse gas emissions by at least 45% by 2030 to have any hope of meeting Paris Agreement targets for the middle of the century and averting catastrophic warming.
Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause in talks to revive the Iran nuclear deal that could lead to a resumption of crude supplies from the OPEC producer.
Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off multi-year highs.
U.S. biofuel and corn industry groups said on Monday they are urging the Environmental Protection Agency to use restraint in its use of waivers exempting refiners from their biofuel blending obligations after the Supreme Court last week upheld the controversial program.
Oil prices slipped on Monday after hitting more than 2-1/2 year highs earlier in the session, as a spike in COVID-19 cases in Asia put a brake on their rally before this week’s OPEC+ meeting.
Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc’s banking watchdog said on Wednesday.
Comprising some 3.8% of the global economy, with revenues of some $3.3tr in 2019, the oil and gas drilling industry affects the life of every person on the planet. Yet, until recently, there was no objective measure of the knowledge, skills and competency levels of the operational geoscientists who play a key role in the industry’s activities.
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge: not only is its economy dependent on oil production, but the Canadian oil industry’s carbon emissions are among the world’s highest for every barrel of oil it pumps.
Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.
A shortage of personnel and basic materials are the main constraints to the pace of the energy transition for top power suppliers such as Europe’s largest utility Enel (ENEI.MI), the company’s Chief Executive Francesco Starace told Reuters.
Scientists say the world needs to cut greenhouse gas emissions by at least 45% by 2030 to have any hope of meeting Paris Agreement targets for the middle of the century and averting catastrophic warming.
Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause in talks to revive the Iran nuclear deal that could lead to a resumption of crude supplies from the OPEC producer.
Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off multi-year highs.
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