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Equinor (NYSE: EQNR) and BP (NYSE: BP) have both made it onto TIME s first ever top 100 most influential companies list.
Equinor (NYSE: EQNR) and BP (NYSE: BP) have both made it onto TIME’s first ever top 100 most influential companies list.
Equinor was awarded a place in the Leaders category, which also contained companies such as Apple, Nike, and Johnson & Johnson. BP was in the Titans category, which included Amazon, Google, and General Motors.
Commenting on the development, Equinor said in a statement posted on its Twitter page that it was excited to be included in the inaugural list.
“We aim to be a leader in the energy transition and we’re proud to be in such great company,” Equinor added in the statement.
Oil climbed in Asia with OPEC+ projecting a strong global recovery this year, even as a Covid-19 flare-up in India and other nations dragged on the near-te.
Oil climbed by the most in nearly two weeks with the OPEC+ alliance and BP Plc pointing to signs of a robust demand recovery.
(Bloomberg) Oil climbed by the most in nearly two weeks with the OPEC+ alliance and BP Plc pointing to signs of a robust demand recovery taking shape in parts of the world.
Futures in New York jumped 1.7% on Tuesday. An OPEC+ committee decided this week to move forward with a planned gradual crude production increase, anticipating a strong demand rebound this year, even as coronavirus cases rise in countries such as India. The producer group decided to skip a Wednesday meeting and instead gather in early June.
The Odessa Development Corporation and Nacero Inc have announced plans to build a $6.5 billion to $7 billion lower carbon gasoline manufacturing facility at a site in Penwell, Texas.
The Odessa Development Corporation and Nacero Inc have announced plans to build a $6.5 billion to $7 billion lower carbon gasoline manufacturing facility at a site in Penwell, Texas.
The facility will be built in two phases, with phase one producing 70,000 barrels per day of gasoline component ready for blending and phase two increasing that capacity to 100,000 barrels per day, a statement posted on Nacero’s website revealed.
The gasoline produced at the facility will contain no sulfur and will have half the lifecycle carbon footprint of traditional gasoline, according to the company, which said the gasoline will be made from a combination of natural gas, captured bio-methane, and mitigated flare gas.