Dozens Of U.S. Oil Refining And Business Groups Urge Trump To Reject Any Effort To Impose Ban On Diesel Exports
- Reuters Citing Letter
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Occidental Petroleum shares are trading lower Monday as crude oil prices retreat amid easing concerns over Middle Eastern supply disruptions.
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- Reuters Citing Letter
ExxonMobil is building a comprehensive carbon capture and storage (CCS) business on the U.S. Gulf Coast, with infrastructure capable of handling up to 100 million metric tons of CO2 annually. The company has secured agreements for 9 million metric tons annually and received Texas approval for its Rose project to store 53 million metric tons. Other energy majors like Occidental Petroleum and Baker Hughes are also advancing carbon capture initiatives.