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CEO of US Shale Giant Pushes to Incentivize Carbon Capture

2021-04-09 10:00:00| OGI

Instead of a carbon tax, Vicki Hollub, CEO of U.S. shale producer Occidental Petroleum, says she prefers the use of tax credits incentivizing the development of carbon capture projects.

Tags: capture ceo carbon giant

 

Suez Canal reopens after giant stranded ship is freed

2021-03-29 22:48:33| BBC News | Business | UK Edition

It took almost a week to dislodge a giant container ship blocking one the world's busiest trade routes.

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Argentine Energy Giant YPF Sticks with $2.7 Billion Capex Plan Despite Debt Woes

2021-03-12 20:58:07| OGI

The investment represents a 73% increase versus 2020 when the firm suffered from the drop in international oil prices and lower demand due to the coronavirus pandemic.

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Lamprell Lands Aramco Contract for Giant Offshore Oil Field

2021-02-25 15:16:08| OGI

Lamprell has been awarded an engineering, procurement, construction and installation (EPCI) contract on Feb. 24 by Saudi Aramco as part of their long-term agreement program (LTA) with Lamprell.

Tags: field contract oil giant

 

Jay-Z sells stake in champagne brand to luxury giant LVMH

2021-02-22 17:28:21| BBC News | Business | UK Edition

LVMH said it was interested in the brand for its appeal to a 'global and diverse' customer.

Tags: brand giant luxury champagne

 

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