Oil prices have so far shown a muted response to the additional 900,000 barrel-a-day supply reduction being undertaken by the Organization of Petroleum Exporting Countries and its partners.
The U.S. DOE Office of Clean Energy Demonstrations is allotting up to $890 million in funding for 3 projects to demonstrate technologies designed to capture, transport, and store carbon emissions.
The Path2Zero project aims to build the world's first net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives facility in Alberta, Canada.