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Top energynewsbeat.co News

ExxonMobil Slows Low-Carbon Investment Push Through 2030

Donald Trump · Alaska

ExxonMobil Slows Low-Carbon Investment Push Through 2030

50% Center coverage: 14 sources

ExxonMobil is slowing medium-term investments in low-carbon ventures by some $10 billion compared with its outlook a year ago, the oil giant announced Tuesday.See the Story

Russia’s Oil and Gas Revenues Set to Plunge 50% to Five-Year Low

Shadow Fleet · Russia

Russia’s Oil and Gas Revenues Set to Plunge 50% to Five-Year Low

60% Left coverage: 5 sources

Falling oil prices and strengthening Russian currency are set to slash Russia’s oil and gas revenues by nearly 50% in December from a year earlier, to the lowest level since August 2020, according to Reuters calculations. Revenues for the state from oil and gas are set to reach $5.15 billion (410 billion Russian rubles) this month, nearly halved from December last year, and the lowest in over five years. The last time Russia had this roughly le…See the Story

Kaja Kallas Announces EU’s Indefinite Freeze of $246 Billion in Russian Assets Until Reparations Are Paid

Kaja Kallas Announces EU’s Indefinite Freeze of $246 Billion in Russian Assets Until Reparations Are Paid

67% Left coverage: 3 sources

The EU has blocked Russian assets permanently, ensuring $246 billion stays until reparations for Ukraine are settled, emphasizes EU Foreign Affairs chief.See the Story

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