Friday, December 20, 2024
Oil giant BP buys 40.5% stake in massive renewables and green hydrogen project- oil ad gas 360

Oil giant BP buys 40.5% stake in massive renewables and green hydrogen project

CNBC Oil and gas supermajor BP has agreed to take a 40.5% equity stake in the Asian Renewable Energy Hub, a vast project planned for Australia set to span an area of 6,500 square kilometers.   In an announcement Wednesday, BP said it would become the operator of the development, adding that it had “the potential to be one of the largest

Syrcuit Energy Solutions completes $6 Million capital raise- oil and gas 360

Syrcuit Energy Solutions completes $6 Million capital raise

Oil and Gas 360 A fast growing renewable energy company in the Rocky Mountain Region aims to be revenue generating by Q3 GREELEY, Colo., June 15, 2022 /PRNewswire/ — Syrcuit Energy Solutions, Inc. (“Syrcuit” or the “company”) completed a $6 million capital raise via private placement in accordance with the Securities & Exchange Commission Reg-D offering. The energy startup company based out of Greeley, CO secured investments through

Russian oil and fuel revenue up even as exports fall - IEA- oil and gas 360

Russian oil and fuel revenue up even as exports fall – IEA

Reuters LONDON: Higher crude oil and fuel prices allowed Russian revenues to climb in May despite its export volumes slipping due to sanctions, the International Energy Agency said on Wednesday. The findings underscore the difficulty of punishing Moscow for its invasion of Ukraine by banning Russian imports, moves which have exacerbated a supply crunch and driven up prices. Crude exports

Oil prices slip ahead of expected U.S. interest rate hike- oil and gas 360

Oil prices slip ahead of expected U.S. interest rate hike

CNBC Oil prices dropped on Wednesday on worries over fuel demand ahead of a U.S. Federal Reserve meeting which is expected to see the central bank to hike rates by at least 75 basis points to combat inflation. WTI crude futures fell 8 cents, or 0.1%, to $118.85 a barrel by 0008 GMT. Brent crude futures fell 26 cents, or 0.2%, to $120.91 a