Exxon Mobil plans to start gauging buyer interest in its UK and German upstream operations in the coming weeks as the oil major continues.
Read More »Brazil to Stay Out of OPEC to Make the Most of Output Expansion
Brazil. which became a net oil exporter last year. wants to expand its footprint in global energy markets without joining OPEC.
Read More »New $212m Financing for Climate-Friendly Projects in Vietnam
The funding from IFC will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon emissions.
Read More »UK Financing Fossil Fuel Projects Overseas Emitting 69m Tonnes of Emissions
The projects are backed by UK Export Finance – a government agency in the Department for International Trade – that provides loans and financial guarantees to UK companies involved in major projects around the world.
Read More »Technology Investors of Eight Countries to Convene in Iran on Feb. 4-5
Investors in the field of technology from eight countries [including Pakistan. Egypt. Nigeria. Ethiopia. Bangladesh. Lebanon. India and Syria] will convene in the Islamic Republic of Iran.
Read More »Shipping Sector Needs more than $1tn of New Investment to Hit 2050 Targets
A new report from University Maritime Advisory Services. conducted on behalf of the non-profit Getting to Zero Coalition. suggests reaching full decarbonisation by 2050 could cost as much as $1.9 trillion.
Read More »Brazil Unlikely to Join OPEC as It Plans Unrestricted Output Expansion
The Latin American country is seeking feedback from global oil majors to improve participation in upcoming auctions.
Read More »Minister Stresses Increase in Investment in Iran despite Sanctions
]nvestment of foreign states in Iran has increased in the first 9 months of the current year (ending on March 19) despite the harshest pressures and sanctions by Washington.
Read More »China Coronavirus could Push Oil down by $3
Most of the demand loss will come from jet fuel as the risk of disease discourages travelers from getting on a plane.
Read More »Deal with OPEC Helps Russia Double Its National Wealth Fund
The group of 24 major oil producers. including Russia. has been trying to erase an oil glut.
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