Sunday, June 14, 2026
French fund to vote against oil major Total's climate change policy- oil and gas 360

U.S. lawmakers to propose tax credit for sustainable aviation fuel

Nasdaq NEW YORK- U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry. The legislation, seen by Reuters, would impose a tax incentive of up to $2.00 for every gallon produced of sustainable aviation fuel, which can

Shell exits Philippine gas field in $460 million deal- oil and gas 360

Shell exits Philippine gas field in $460 million deal

Reuters LONDON -Royal Dutch Shell has agreed to sell its stake in an offshore gas field in the Philippines for $460 million as part of its strategy to narrow its oil and gas operations. Shell sold its 45% stake in Service Contract 38 (SC38), a deep water licence which includes the producing Malampaya gas field, to a subsidiary of the