In July 2024, Opec-plus members saw a notable increase in their crude oil production by 240,000 barrels per day, pushing the total output to 34.2 million barrels per day. This rise was predominantly driven by increased production from Iraq, Russia, and Nigeria. This increase, however, was
The U.S. Department of Energy (DOE) recently announced a significant investment of USD 41 million aimed at transforming renewable energies into liquid fuels. This initiative is a landmark effort to address industrial emissions and enhance energy sustainability by leveraging cutting-edge
Technip Energies has secured an Engineering and Procurement contract from Chevron Phillips Chemical to implement its proprietary Low Emission Cracking Furnace technology at CPChem's olefins unit in Sweeny, Texas. This collaboration marks the first comprehensive application of this cutting-edge
In recent months, a significant legislative conflict has brewed in the U.S. House of Representatives regarding the energy efficiency regulations for household appliances set forth by the Biden administration. House Republicans have introduced a series of bills aimed at suspending these energy
The global green technology and sustainability market, valued at $28.6 billion (€26.8 billion) in 2023, is witnessing unprecedented growth, with Europe leading the charge in GreenTech innovation. The continent is at the forefront of efforts to mitigate environmental impacts, driving advancements t
The article delves into the contrasting approaches to clean energy production between California and Texas, advocating for the efficacy of free-market solutions over stringent regulatory frameworks. According to new data from the energy think tank Ember, Texas has emerged as the leading state in
