Tuesday, January 14, 2025
John Kerry says Biden’s ambitious climate plan is ‘not a counter to China’- oil and gas 360

John Kerry says Biden’s ambitious climate plan is ‘not a counter to China’

CNBC No single country can solve the climate crisis — and the American pursuit of greater research and development on climate change is not a counter to China, the Biden administration’s climate envoy John Kerry told CNBC on Sunday. “No one nation can solve this problem by itself — impossible. Each of us need everybody else at the table to

Suez Canal says close to clearing backlog after ship dislodged- oil and gas 360

Suez Canal says close to clearing backlog after ship dislodged

Reuters CAIRO – The Suez Canal said on Friday it was close to clearing a backlog of shipping that built up when a giant container ship was grounded in the waterway. Suez Canal Authority (SCA) Chairman Osama Rabie told Egypt’s Extra News TV that 61 ships were still waiting and would pass on Saturday, down from 422 that were queuing

Sempra Energy to sell 20% stake in unit to KKR for $3.37 billion- oil and gas 360

Sempra Energy to sell 20% stake in unit to KKR for $3.37 billion

Reuters Energy infrastructure company Sempra Energy said on Monday it would sell a 20% stake in its new business platform, Sempra Infrastructure Partners, to investment firm KKR for $3.37 billion in cash. The sale was flagged by Sempra in December and comes as the company sharpens its focus on renewables and energy storage to capitalize on the growing global demand

Oil prices dip after OPEC+ agree to ease output cuts- oil and gas 360

Oil prices dip after OPEC+ agree to ease output cuts

Reuters SINGAPORE -Oil prices slipped on Monday, paring strong gains made in the previous session after OPEC+ agreed last week to gradually ease some of its production cuts between May and July. Brent crude futures for June fell 33 cents, or 0.5%, to $64.53 a barrel by 0206 GMT while U.S. West Texas Intermediate crude for May was at $61.20