Sustainable BusinessExxon expands renewable fuel agreement amid clean energy push
Reuters
1 minute read
An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young
Exxon Mobil (XOM.N) said it has expanded an agreement to buy more renewable diesel from Global Clean Energyâs biorefinery in Bakersfield, California, as climate policies pressure companies to cut their carbon emissions and opt for cleaner fuels.
The largest U.S. oil producer has been facing pressure from environmentalists and investors to do more for climate change and for the first time, it reported emissions from burning its fuels such as gasoline and jet fuel earlier this year.
Deployments of facial recognition from Israeli startup AnyVision show how the surveillance software has gained adoption across the United States even as regulatory and ethical debates about it rage.
EnergyIndonesia Pertamina aims to restarts refinery in days after blaze
ReutersFransiska NangoyFransiska NangoyBernadette ChristinaBernadette Christina
4 minutes read
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Smoke rises during fire at Pertamina s oil refinery in Balongan, Indramayu regency, West Java province, Indonesia, March 29, 2021 in this photo taken by Antara Foto. Antara Foto/Dedhez Anggara/ via REUTERS
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Indonesian state oil company Pertamina said on Monday it hoped to restore operations at its Balongan oil refinery in West Java in four or five days, as firefighters worked to extinguish a massive blaze that broke out overnight, injuring six people.
Pertamina (PERTM.UL) shut the plant and evacuated about 950 nearby residents, with videos shared on social media showing huge flames engulfing the 125,000 barrels per day facility, while a large explosion could be heard.
AfricaEXCLUSIVE Nigeria refines energy reform bill to attract more Big Oil cash
Libby George
1/2 A woman walks over pipelines crisscrossing Ogoniland in Rivers State, Nigeria September 18, 2020. Picture taken September 18, 2020. REUTERS/Afolabi Sotunde/File Photo
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Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed.
The proposed changes signal a shift by Africa s largest oil producer and show the impact of an increasingly competitive environment in the energy business after 2020 s global oil price collapse and an expected shift to renewables.
April 15, 20213:52 PM UTC
EnergyIraq in talks with U.S. firms over buying of Exxon shares in West Qurna 1 oilfield - statement
Reuters
1 minute read
Members of security foreign personnel and Iraqi staff of the West Qurna-1 oilfield, which is operated by ExxonMobil, are seen during the opening ceremony near Basra, Iraq June 17, 2019. REUTERS/Essam Al-Sudani/File Photo
Iraq said on Thursday it is in discussions with U.S. oil companies over a possible purchase of ExxonMobil shares in the southern West Qurna 1 oil field.
It did not say which companies were interested in buying the shares, and provided no further details.