Australia's vast liquefied natural gas sector is betting its future on carbon capture and storage, a technology it says is vital to decarbonisation and is proven. Convincing everybody else is going to be the tricky part, especially since the only large-scale project of its kind so far hasn't exactly been a resounding success.
By Clyde Russell. Australia's vast liquefied natural gas sector is betting its future on carbon capture and storage, a technology it says is vital to decarbonisation and is proven. Convincing everybody else is going to be the tricky part, especially since the only large-scale project of its kind so far hasn't exactly been a resounding success.
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions.
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions.
ConocoPhillips (COP) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns, the first of an expected rush of new petroleum projects to be launched in Norway this year. Known as Eldfisk North, the development is part of the wider Ekofisk area, where ConocoPhillips (COP) has pumped hydrocarbons for more than 50 years.
ConocoPhillips (COP) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns, the first of an expected rush of new petroleum projects to be launched in Norway this year. Known as Eldfisk North, the development is part of the wider Ekofisk area, where ConocoPhillips (COP) has pumped hydrocarbons for more than 50 years.
One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector. Oil, natural gas and coal prices have soared as the war in Ukraine combined with surging economic reopening demand has created an energy crisis around the world. Here are seven of their top high-yield energy sector stocks to buy.
Canada's main stock index fell on Friday, as the technology sector echoed a downbeat mood on Wall Street following Amazon's (AMZN) disappointing forecast, although the index was on track for nine straight months of gains. At 9:41 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 82.69 points, or 0.39%, at 21,038.37. U.S. stocks fell as Amazon (AMZN) pressured growth stocks.
Indonesia should be able to tackle its cooking oil shortage in the next few weeks and lift an export ban on palm oil and its refined products in May, an industry body said on Thursday, a day after a last-minute policy U-turn sparked more alarm for markets.
* Govt cooking oil distribution move will succeed - industry group. * GAPKI warns of damage from prolonged ban. * Wednesday's last-minute policy shift rattles markets. * Rupiah falls to weakest since July 2021. * Navy seizes two tankers carrying palm oil. By Bernadette Christina and Fransiska Nangoy.
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