COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country's retail fuel market as it struggles to resolve a worsening energy crisis amid an unprecedented economic upheaval. The contract agreement...
COPENHAGEN, Denmark (AP) — Denmark pushed the button Wednesday on an ambitious project that aims to bury vast amounts of planet-heating carbon dioxide gas beneath the North Sea floor, in the hope that it can help the Nordic nation and others meet climate targets. An international...
A top oil company CEO who will lead international climate talks later this year told energy industry power players on Monday that the world must cut emissions 7% each year and eliminate all releases of the greenhouse gas methane — strong comments from an oil executive. “Let me...