Chemical maker LyondellBasell Industries said on Thursday it would evaluate a new electric furnace technology in olefins production, along with Technip Energies and Chevron Phillips Chemical, as it seeks to cut greenhouse gas (GHG) emissions.
Namibia is not considering taking minority stakes in mining and petroleum producers already operating in the country, the ministry of mines and energy said on Thursday, clarifying earlier comments by the mining minister.
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.
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.
The U.S. Supreme Court on Tuesday turned away a patent dispute between labeling company Avery Dennison Corp and ADASA Inc that would have given it a chance to clarify a standard that critics have said has sown confusion about what inventions can be legally protected and led to cancellations of valid patents.