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Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis
More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape the sector. Slowing demand…
‘First-Of-A-Kind’ $3bn Green Capital Note Issued by Crédit Agricole
New York investors Mariner Investment Group have this week purchased a “first-of-a-kind” Green Capital Note from French Bank Crédit Agricole CIB, taking on the portfolio risk of a range of the bank’s projects in the power, oil and gas, real…
Analysts: UK Carbon Emissions Hit Lowest Levels Since 1920s
UK carbon emissions last year reached their lowest level since the general strikes and the Wall Street Crash of the 1920s pushed emissions to a record low. That is the conclusion of a new analysis of government figures from website…
Palestinians Discuss Development of Gas Field with Shell
The Palestinian Investment Fund (PIF) announced on Monday that it has been discussing the development of Gaza Marine Gas Field with Shell, Anadolu has reported. Gaza Marine is about 30km off the coast of the Gaza Strip in the eastern…
Government ‘Clean Coal’ Push Would Be Likely to Make Australia’s Emissions Worse
The government has indicated it will act to allow the Clean Energy Finance Corporation to finance new coal-fired power plants on the basis that these coal plants have lower emissions than existing coal power plants. While such power plants may…
OPEC Secretary General Meets with TOTAL Chairman and CEO Patrick Pouyanné
OPEC Secretary General, HE Mohammad Sanusi Barkindo, met with Patrick Pouyanné, Chairman and Chief Executive Officer of French oil and gas company TOTAL SA, during a high-level meeting Tuesday at the company’s headquarters. Mr. Barkindo exchanged information with Mr. Pouyanné…
Shell Fuel Stations in U.K., Netherlands to Add Electric-Car Charging
Both Royal Dutch Shell and France’s Total plan to add charging stations, with Shell having already selected some potential locations. Certain Shell fuel stations in the U.K. and The Netherlands will offer electric-car charging later this year, Shell’s John Abbott…