Saturday, August 9, 2025
Chevron commits to net zero operational emissions by 2050- oil and gas 360

Chevron commits to net zero operational emissions by 2050

Reuters Chevron Corp on Monday set a target to cut operational emissions to net zero by 2050, joining a list of energy companies taking steps to reduce their carbon footprint. The move to cut upstream emissions from its own operations and indirect emissions such as those from power generation comes as investors and governments increase pressure on energy companies to

Crude jumps to multi-year highs on global energy crunch- oil - oil and gas 360

Crude jumps to multi-year highs on global energy crunch

Reuters LONDON  – Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $1.45, or 1.8%, at $83.84 a barrel by 1336 GMT, its highest since October 2018. U.S. West Texas Intermediate (WTI) crude rose $1.71, or

Qatar powerless to ease global energy crisis- oil and gas 360

Qatar powerless to ease global energy crisis

Reuters DOHA/LONDON – Qatar, the world’s largest seller of liquefied natural gas (LNG), told consumers it was powerless to cool energy prices prices as British steelmakers said they could be forced to halt output in the face of soaring costs. The rebound in economic activity after the easing of coronavirus lockdowns has laid bare a shortage of natural gas stocks