The BP sustainable jet fuel project is expected to cost "hundreds of millions" of dollars, the company's Asia-Pacific vice president of low-carbon solutions Lucy Nation said. File photo: Reuters.
Global energy major BP on Thursday sought more investments in longer term contracts, natural gas, storage and diversification into other fuels to help withstand sudden market shocks, The Economic Times reported.
The call comes in the wake of a spike in coal, oil and gas prices to record heights that threatens to derail a global economic recovery from the Covid pandemic.
“Everybody now knows that the wind doesn’t always blow and the Sun doesn’t always shine. And I think that aspect of reliability is relatively well-understood. But there are broader aspects of reliability, which are those confluence of unusual events (such as accidents around the world),” the newspaper quoted BP chief executive Bernard Looney as saying at the India Energy Forum.
Read the full story: The Economic Times.
The astronauts will replace the three-member crew of the Shenzhou-15, who arrived at the space…
A heavy influx of immigrants and a trend among young professionals to move out of…
The trip is Musk's first to China since he made headlines in early 2020 by…
The country made a breakthrough in space-based solar energy back in 2015 and now says…
Government sources said the import tax may be halved, and GST cut, because local producers…
A 24-page draft joint statement focuses on AI algorithm standards, export controls and China’s non-market practices and disinformation