Oil Firms Invest in Biofuels
This is a news story, published by Yahoo Finance, that relates primarily to Rystad news.
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biofuelsReuters
•Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says
80% Informative
43 projects expected to be up and running by 2030 , Rystad said in a report.
ExxonMobil , Chevron , BP , Shell , TotalEnergies , and Eni could add 286,000 barrels per day production capacity.
SAF , produced from waste and residue like used cooking oil or organic crops, emits same amount of carbon dioxide as kerosene when burned.
VR Score
90
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95
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