Post Tagged with: "reduce fossil fuel production"

Source: CNBC

Spain’s Repsol plans to invest millions in fuel production using green hydrogen


Repsol has announced plans to develop a facility that will use carbon dioxide and green hydrogen to generate net-zero emission fuels for use in the transportation sector.

The Spanish oil and gas firm also announced Monday that it would …

Source: Reuters

BP wipes up to $17.5 billion from assets with bleaker oil outlook


LONDON  – BP (BP.L) will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy …