Oil and Gas
BP shares fall 3% right after warning of up to $2 billion impairment, weak refining margins
BP in 2020 set out its ambition to develop into a net zero enterprise “by 2050 or sooner.” Matt Cardy | Getty Pictures News | Getty Visuals BP shares dropped on Tuesday following the business flagged it expects to put up an impairment of up to $2 billion in the next quarter and warned of […]
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Power big Shell to consider up to a $2 billion impairment hit on Rotterdam, Singapore vegetation
The Shell brand is exhibited outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Photographs News | Getty Pictures Vitality big Shell on Friday mentioned it expects to file a article-tax impairment strike of up to $2 billion mostly linked to its Singapore and Rotterdam plants, though […]
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U.S. needs key nuclear power expansion to meet up with growing energy demand from customers, Southern Organization CEO states
The United States demands to create a sizeable number of nuclear crops to source surging energy desire even though also assembly local climate goals, the CEO of Southern Company claimed at an event on Thursday. “This nation will will need much more nuclear crops heading forward,” Chris Womack stated at the Reuters World Electrical power […]
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