Friday, June 20, 2025
Federal Reserve releases minutes for June meeting- oil and gas 360

Federal Reserve releases minutes for June meeting

CNBC The Federal Reserve on Wednesday released the minutes from its June 9-10 meeting, during which it held interest rates steady and had an in-depth discussion about capping bond yields and strengthening its guidance about where policy will be set in the future. Central bankers on the Federal Open Market Committee voted to hold their benchmark short-term borrowing rate in

Sasol to sell Escravos gas-to-liquids plant to Chevron- oil and gas 360

Sasol to sell Escravos gas-to-liquids plant to Chevron

Reuters South African petrochemicals giant Sasol said on Wednesday it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to Chevron for an undisclosed sum. The world’s top manufacturer of motor fuel from coal said it would continue to support Chevron in the performance of the EGTL plant through ongoing catalyst supply, technology and technical assistance.