Youth-run environmental groups are gearing up to pressure Democratic U.S. Congress members to retool their $3.5 trillion spending package to fund more programs battling climate change.
Japan's major oil refiners have recovered from last year's steep losses with all reporting a profit for the April-June quarter, but they continue to face headwinds as COVID-19 cases spiral to record highs in the country's fifth wave of the pandemic.
U.S. oil major Exxon Mobil Corp (XOM.N), along with Chevron Corp (CVX.N), is seeking to bulk up in the burgeoning renewable fuels space by finding ways to make such products at existing facilities, sources familiar with the efforts said.
The international president of the United Steelworkers (USW) union, Thomas Conway, called on Monday for refinery and chemical plant workers to include decarbonization as part of contract proposals to be made to U.S. oil companies in January.
The production of green hydrogen and green ammonia is technically feasible at scale in Australia, but will require a major investment in port, electricity and water services, BP said on Wednesday, based on the findings of a study.