Latest

World Bank Energy Financing Expansion Endorsed by Development Committee

The World Bank’s steering committee on Friday endorsed the lender’s plans to explore options to expand energy access, including potential financing for nuclear energy, in a move in line with directives to broaden energy financing by U.S. President Donald Trump’s administration. A statement from the World Bank and International Monetary Fund joint Development Committee called …

World Bank Energy Financing Expansion Endorsed by Development Committee Read More »

Lyondell Houston Refinery Ceased Operations in February, Company Says

(Reuters) – Lyondell Basell Industries permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company’s chief executive during a Friday conference call. Reuters reported on Feb. 7 the company completed the shutdown of the refinery. Lyondell first announced plans in 2023 to shut the refinery, which has been in operation …

Lyondell Houston Refinery Ceased Operations in February, Company Says Read More »