Focus on Finance
Major Chinese asset managers have no plans to phase out fossil fuel investments, Greenpeace says
Major Chinese asset managers have billions of dollars invested in fossil fuels with no plans for a phase out, a new Greenpeace report...
US offers $850 million in grants to clean up oil sector methane emissions
The US government opened up on Friday competitive bidding for $850m in grants to help small oil and gas producers monitor and reduce...
IMF approves over $900 million to support Tanzania budget, climate change fight
WASHINGTON – The IMF said on Thursday its executive board approved funding for Tanzania of $786.2 million to help tackle climate change while...
Alberta environment minister unworried by movement toward methane tariffs
WASHINGTON — Alberta’s environment minister expressed little concern that European countries are taking steps toward tariffs on imported natural gas associated with high...
Niger revokes French operating licence at major uranium mine
Niger has revoked the operating licence of French nuclear fuel producer Orano at one of the world’s biggest uranium mines, the company said...
Denmark awards first licenses to explore CO2 storage options on land
Denmark has awarded the first three licenses to investigate large-scale storage of carbon dioxide in geological formations on land, the Danish Energy Agency...
Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules
US manufacturer of heavy-duty commercial EVs Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules
Germany and Dutch-owned operator end talks on grid sale because of budget constraints
Biggest electricity grid operator in Germany said Thursday that talks on selling its German business to the government in Berlin have been terminated.
Energean to sell Med oil and gas assets to Carlyle for up to $945 million
Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945m, the oil...
