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News

Britain promises up to $28.5 bln for carbon capture projects

UPDATE 2-Britain promises up to $28.5 bln for carbon capture projects Updates with comments from the Chancellor By Susanna Twidale LONDON, Oct 4 (Reuters) - Britain will provide funding of up to 21.7 billion pounds ($28.5 billion) over 25 years to develop carbon capture and storage (CCS) projects to curb emissions from industry and create new jobs in northern England, the government said on Friday.
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Britain promises up to 21.7 billion pounds for cleaner energy

Britain promises up to 21.7 billion pounds for cleaner energy By Susanna Twidale LONDON, Oct 4 (Reuters) - Britain will provide funding of up to 21.7 billion pounds ($28.46 billion) over 25 years to develop carbon capture and storage (CCS) and hydrogen technology in northern England, the government said on Friday. Britain has a climate target to reach net zero emissions by 2050 and has said CCS will be needed to curb emissions from energy intensive industrial sectors as well as to create jobs.
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Libyan oilfields open now that central bank dispute resolved

UPDATE 3-Libyan oilfields open now that central bank dispute resolved NOC lifts force majeure at all oilfields and terminals Production resumption could pave way for OPEC member to raise output Technical problems delay full capacity production at Elfeel, engineers say Adds resumption of production at ElFeel oilfield in paragraphs 11 and UNSMIL's statement in paragraphs 16 and 17 BENGHAZI, Oct 3 (Reuters) - Libya's eastern-based government and Tripoli-based National Oil Corp (NOC) announced on Th
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TotalEnergies to hike dividend and oil production, de-risk gas to 2030

UPDATE 4-TotalEnergies to hike dividend and oil production, de-risk gas to 2030 Company to increase dividends per share by 5% in 2025 Can maintain buybacks under $70 per barrel Board supports selling shares in New York Targets 3% annual growth in oil and gas production to 2030 Adds news on New York-listed shares in paragraph 2 and update on Mozambique LNG project in paragraph 10 By America Hernandez PARIS, Oct 2 - French oil major TotalEnergies TTEF.PA told investors on Wednesday it would focus
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European oil stocks gain, tracking oil prices amid Middle East supply concerns

BUZZ-European oil stocks gain, tracking oil prices amid Middle East supply concerns ** Shares in European oil and gas companies rise, tracking oil prices that jumped on fears over Middle East supply disruptions ** The pan-European oil and gas index .SXEP is up 1.9% at 0722 GMT and on track for its biggest daily jump in eight weeks if the gains hold
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