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Page 67 - Oili News Today : Breaking News, Live Updates & Top Stories | Vimarsana

German oil lobby seeks net zero CO2 emissions by 2045

Germany's oil industry will aim for net zero carbon emissions by 2045, moving away from fossil fuel to low carbon products such as biofuels and renewable energy-derived hydrogen, the industry's lobby group en2x said on Wednesday.

Latam FX, stocks on higher commodity prices and weaker dollar

Currencies and stocks in Latin America rose on Wednesday, with oil-linked Mexican and Colombian pesos leading gains against a weaker dollar, while stocks jumped from an Omicron-driven rout.

Eni takes part in $1 8 bln fund raising for nuclear fusion project

Italian energy group Eni said on Wednesday it had taken part in a $1.8 billion funding round for a project that aims to produce clean electricity from nuclear fusion.

EXCLUSIVE Mitsubishi looks to sell California products terminal and trading arm

Mitsubishi Corp is looking to sell a fuel terminal that provides transportation fuels which meet California's stringent emissions requirements, two sources familiar with the matter told Reuters on Wednesday.

Brazil s Guedes suggests privatizing oil firm Petrobras before it is irrelevant

Brazilian Economy Minister Paulo Guedes said on Wednesday that state-run oil company Petrobras should be privatized before it becomes irrelevant and oil loses value, suggesting the government could use the sale proceeds to reduce poverty.

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