CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks […]
Oil and gas development in the Permian Basin continued to resume as the fossil fuel markets recover from 2020’s collapse created by the COVID-19 pandemic. As prices rebounded this year from historic declines last year, […]
Italy’s Eni is considering spinning off oil and gas operations in West Africa and the Middle East into new joint ventures to help reduce debt and fund its shift to low-carbon energy, according to company […]
New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced the completion of its acquisition of Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund […]
Exxon Mobil Corp. and a small activist hedge fund are waging a more than $65 million proxy fight over board seats, with the largest U.S. oil producer marshaling executives, TV appearances, social media and websites […]
The coastal town of Suralaya in Indonesia’s West Java province has eight coal-fired power generating units in its vicinity, which residents blame for respiratory ailments and declining fish catches. South Korean public financial institutions are […]
Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said on Tuesday. Coal, oil and gas infrastructure have traditionally made […]
The industry group representing oil and gas companies including Exxon Mobil Corp and Chevron Corp said on Thursday it supports a carbon price as one measure to mitigate climate change risk. Oil and gas trade group the American […]
Bank of America last week more than tripled its environmental financing goal, saying it wants to deploy more than $1 trillion by 2030 to accelerate the transition toward a low-carbon, sustainable future, according to a Thursday press […]
By Nia Williams CALGARY, Alberta (Reuters) -New York’s state pension fund is restricting investment in six Canadian oil sands companies because they have not shown they are prepared for a transition to a low-carbon future, the […]
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