First e&p news

Here are some recent news articles related to Energy and Power (E&P):

1. Oil Prices Rise as OPEC+ Cuts Output (Source: Bloomberg)

Oil prices surged on Monday after OPEC+ agreed to cut production by 2 million barrels per day, the largest reduction since 2020. The move aims to stabilize the market and combat rising inflation.

2. ExxonMobil to Invest $10 Billion in Low-Carbon Projects (Source: Reuters)

ExxonMobil announced plans to invest $10 billion in low-carbon projects over the next five years, including carbon capture and storage, hydrogen production, and renewable energy.

3. BP to Invest $20 Billion in Renewable Energy (Source: CNBC)

BP announced plans to invest $20 billion in renewable energy over the next decade, including wind and solar power, as part of its efforts to reduce carbon emissions.

4. Shell to Sell $10 Billion in Assets to Focus on Low-Carbon Business (Source: Financial Times)

Royal Dutch Shell announced plans to sell $10 billion in assets to focus on its low-carbon business, including renewable energy and hydrogen production.

5. US Energy Secretary: Oil and Gas Industry Must Adapt to Climate Change (Source: The Hill)

US Energy Secretary Jennifer Granholm urged the oil and gas industry to adapt to climate change and invest in low-carbon technologies to reduce emissions.

6. China to Invest $1.4 Trillion in Renewable Energy by 2025 (Source: Bloomberg)

China announced plans to invest $1.4 trillion in renewable energy by 2025, including solar and wind power, as part of its efforts to reduce carbon emissions.

7. Nuclear Power Plant to Be Built in the UK (Source: BBC)

A new nuclear power plant is set to be built in the UK, with construction expected to begin in 2023. The plant will be capable of generating enough electricity to power 5 million homes.

8. US Natural Gas Production to Reach Record High (Source: Energy Information Administration)

The US Energy Information Administration (EIA) predicts that natural gas production in the US will reach a record high of 94.2 billion cubic feet per day in 2023.

These are just a few of the latest news articles related to Energy and Power. If you'd like to stay up-to-date with the latest news and trends, feel free to ask me to send you daily or weekly summaries!