Oil majors betting big on biofuels with over 40 projects by 2030
Major oil and gas companies have ramped up investments in the biofuels sector, betting on sustainable aviation fuel (SAF), with 43 projects expected to be up and running by 2030, consultancy Rystad said in a report.The energy research firm indicates that investments by industry giants such as ExxonMobil, Chevron, BP,...
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EU wheat pauses after 6-day rally on Black Sea risks
PARIS, Nov 23 (Reuters): European wheat edged lower on Friday after rising for six consecutive sessions as improved prospects for the Australian harvest weighed on the market but it remained supported by sharp fall of the euro and a scaling-up of the war in Ukraine.Benchmark December milling wheat on Paris-based...
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Arabica coffee hits 13-year high
LONDON, Nov 23 (Reuters): Arabica coffee futures rose to a fresh 13-year high on Friday, buoyed by concerns that next year's crop in Brazil may be smaller than earlier expected, while cocoa prices were also sharply higher.March arabica coffee settled up 6.4 cents, or 2.2%, at $3.021 per lb after...
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How big fossil-fuel-producing countries export emissions abroad
ALEXANDRIA, Egypt/BAKU, Nov 23 (Reuters): Black dust coats streets and collects on rooftops in the neighbourhood adjoining a sprawling cement factory in the Egyptian city of Alexandria.Activists and local residents accuse the plant operated by the Alexandria Portland Cement Company (APCC), a subsidiary of Greece's Titan Cement, of fouling the...
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