BP Begins Operations of New Landfill-to-Gas Project
The fields of southern Indiana are an unlikely proving ground for BP Plc's $4.1 billion bet on renewable natural gas.
The fields of southern Indiana are an unlikely proving ground for BP Plc's $4.1 billion bet on renewable natural gas.
Oil plunged the most in more than a year as early signals that demand is flagging exacerbated markets' unease over the prospect of a punishing stretch of high interest rates.
If the project proceeds, its first phase is targeted to produce more than 1.1 million mtpa of low-carbon ammonia by the end of 2027.
The project can 'power more than 600,000 homes and generate $12 billion in economic activity state-wide'.
'Projects that were uneconomical to do at lower prices are now quite economical to do at higher prices'.
The IEA is leading calls for countries gathering at COP28 to adopt a goal to triple the global renewable electricity capacity by 2030.
BMI, a Fitch Solutions company, has raised its Brent oil price forecasts out to 2027.
Saudi Arabia and Russia said they will stick with oil supply curbs of more than 1 million barrels a day to the end of the year.
'Further price gains could prove to be a mixed blessing for the group'.
Aker has signed Multiconsult to a civil engineering contract for the electrification of the Yggdrasil area oil and gas project and expects to start construction for the power project this month.