Page 63 - Refi News Today

Brazilian state-run oil company Petrobras said on Thursday its board of directors had approved a revision of part of its 2023-2028 strategic plan in a bid to increase investments in low-carbon initiatives.

Exxon Mobil Corp. said on Wednesday it signed with U.S. steel maker Nucor Corporation a carbon capture and sequestration (CCS) contract, its first from a hard to abate industry.

Major stock markets in the Gulf rose in early trade on Thursday, as a potential pause in U.S. interest rate hikes and the debt ceiling bill passing a crucial vote renewed optimism.

Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said on Thursday.

Exxon Mobil Chief Executive Darren Woods said on Thursday that he aims to double the amount of oil produced from the company's U.S. shale holdings over a five-year period using new technologies.

The days of carefree plastic use may soon be over. Even though the world is suffocating in polluting waste, sales of fresh polymers are projected to rise 40% to $529 billion by 2031. This may change if supporters of taxes and other restrictive measures prevail at ongoing talks for a global treaty to end plastic pollution by 2040. Drastic action would shrink a promising market for Big Oil and cut packaging firms’ margins.

Efinity Token (EFI) traded down 3.7% against the U.S. dollar during the 24-hour period ending at 22:00 PM ET on May 30th. Over the last seven days, Efinity Token has traded up 4.5% against the U.S. dollar. One Efinity Token token can currently be bought for $0.0497 or 0.00000179 BTC on major exchanges. Efinity Token […]

Australian uranium miner Paladin Energy said on Wednesday it is not aware of any legislative changes in Namibia that would affect its ownership of Langer Heinrich mine in the southwest African country.

Top oil exporter Saudi Arabia may further slash the official selling prices (OSPs) for all crude grades to Asia in July, a Reuters poll showed, despite the looming OPEC+ meeting that could leave the door open to further output reduction.

CoinDCX says the new technology will enable a near-100% transaction success rate and efficient handling of various failure scenarios.