Exxon Mobil sets large-scale hydrogen plant start-up for 2027
(Reuters) - Exxon Mobil Corp disclosed on Monday its plan to start operations at its large-scale hydrogen...
(Reuters) - Exxon Mobil Corp disclosed on Monday its plan to start operations at its large-scale hydrogen plant in Texas in 2027 or 2028, Exxon's Low Carbon business president Dan Ammann told Reuters.
The unit is part of Exxon's efforts to create a new business to make money out of reducing greenhouse gas emissions from other companies looking to decarbonize their own operations. Exxon estimates 10% or more return for the business.
Exxon has budgeted $7 billion for hydrogen, carbon capture, and biofuel projects between 2022 and 2027. A final investment decision for the hydrogen project is expected by 2024.
The solid iron core at the center of the Earth has ...
The solid iron core at the center of the Earth has stopped spinning and is reversing the direction in which it rotates, a new study analyzing seismic waves from earthquakes claims. While that sounds like...seismic news, scientists believe it’s happened before, and the only impact we surface dwellers are likely to notice (or not) is that it could shorten the day by less than one millisecond over time. It’s also worth noting that there’s no scientific consensus on what exactly is going on since we lack direct access to what’s happening deep inside our planet.
ChatGPT is the nonhuman making headlines for passing medical licensing exams, but it’s ants that might...
ChatGPT is the nonhuman making headlines for passing medical licensing exams, but it’s ants that might someday be up for jobs at your hospital. The insects have such an acute sense of smell that scientists are now trying to train them to sniff out cancer—and a study published this week shows ants can be trained relatively quickly to do just that (though they’ve only scented human cancer cells grafted to mice so far). Ant diagnosticians would be cheaper and quicker than current diagnostic tools, like blood tests and biopsies, and the researcher leading the study insists that the critters would never need to crawl directly on you to help doctors determine your health status.
The rig count in the Permian Basin was up three...
The rig count in the Permian Basin was up three this week, the latest count Friday by Baker Hughes shows, with 357 rigs active in the region. A year ago, 293 rigs were active in the region.
Nationally, the total oil and gas rig count is unchanged from last week at 771 rigs. A year ago, 610 rigs were active.
The oil rig countwas down four to 609, while the natural gas rig count was up four, to 160.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in August 2020 at 244.
The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $76.16 per barrel, down $1.63 from last Friday's close. National benchmark West Texas Intermediate crude ended at $79.68 per barrel, down $1.63 from the previous week
