ExxonMobil hints at $30m natural gas writedown as losses mount
ExxonMobil posted a third consecutive quarterly loss in 2020, pledging deeper cost cuts and a potential 'significant' writedown…
Asset managers not providing enough information on climate risks, report finds
30 Oct 20The analysis by The Task Force on Climate-related Financial Disclosures (TCFD) claims that companies are not providing their…
Glencore trims coal-production forecast as Cerrejon miner strike enters 60th day
30 Oct 20In an operational update, the Swiss miner cut its full-year coal-production forecast by 4% - although other commodities…
BP to convert Kwinana refinery in Australia to fuel import terminal
30 Oct 20The company sees the refinery as no longer economically viable due to the regional oversupply and continuous lower…
Siemens to sell Flender to Carlyle Group for €2bn
30 Oct 20With the deal secured, a planned spin-off and public listing of the mechanical and electrical drive systems business…
Canada launches $562m fund to help oil and gas firms reduce GHG emissions
30 Oct 20A bulk of the funding will be used for helping onshore firms in adapting green technologies to reduce…
Ardian & Skyline Renewables announce 250MW Galloway Solar Project with consortium of financing
30 Oct 20Texas project is Skyline's first solar asset, bringing portfolio to more than a gigawatt of wind & solar
Wintershall transfers operatorship of Libyan oil fields to new joint venture
30 Oct 20WIAG’s operatorship in Sirte Basin oil fields in Libya has been transferred to Sarir Oil Operations
OMV and Mubadala complete Borealis transaction
30 Oct 20OMV acquired additional 39% stake from Mubadala, increasing its shareholding in Borealis to 75%
Vivo Energy and Robex to set up a solar power plant at the Nampala mine
30 Oct 20This project includes a 3.9 MWp photovoltaic power plant and a battery capacity of 2.6 MWh