Post Tagged with: "net-zero"

Source: Reuters

Chevron commits to net zero operational emissions by 2050


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 …

October 11, 2021 - 12:30 pm Carbon Capture, Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

U.S. House bill would give tax credit for rare earth magnets


A Democrat in the U.S. House of Representatives introduced legislation on Tuesday extending tax credits to companies that domestically produce rare earth magnets, a sector currently dominated by China.

The bill is the latest in a string of U.S. …

Shell CEO Ben van Beurden

Updated: Shell cuts dividend for first time since 1940s in ‘prudent’ move to bolster finances

Energy Voice

Shell has opted to cut its dividend by two-thirds in response to the recent slump in oil prices and “significant” mid and long-term market uncertainty. The Anglo-Dutch giant will pay out 12.8p (16c) in the first quarter, down …