(Bloomberg) — A group of US regional banks is ratcheting up lending to oil, gas and coal clients, grabbing market share as bigger European rivals back away. The list of banks includes Citizens Financial Group […]
Exxon Mobil Corp. has made a final investment decision (FID) for the Whiptail development offshore Guyana after receiving government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately […]
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude oil from its Agadem oilfield, Niger state television RTN […]
Iran launched a barrage of drones at Israel, officials said April 13, in a significant escalation of tensions in the oil and gas rich Middle East, after earlier impounding an Israeli-linked cargo vessel near the […]
A debate on abandoning sector-specific climate targets is heating up in Germany after Transport Minister Volker Wissing from the liberal FDP party warned that he might have to impose car bans on weekends unless […]
Switching to electric heat pumps and vehicles could dramatically decrease Britain’s dependence on imported fuels, potentially saving billions, experts suggest. The Energy and Climate Intelligence Unit (ECIU) conducted an analysis revealing that households utilising insulation, […]
Global battery demand reached a new peak in the first quarter of 2024, totalling 230GWh across all sectors. Electric vehicle batteries represented 72% of this demand, with 3.1 million units sold, while the stationary storage […]
Russian Copper Company (RCC) and Chinese firms have avoided taxes and skirted the impact of Western sanctions by trading in new copper wire rod disguised as scrap, three sources familiar with the matter told […]
A Liberian-flagged gas carrier ran aground offshore Egypt, prompting a state of emergency over the weekend in anticipation of any leakage or pollution. The incident involving the 14,800 cu m LPG tanker Claudia Gas took […]
Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend and the hijacking of the 15,000 teu MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to “step […]
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