Chubb joins a growing stream of financial institutions who are scaling back their exposure to coal. In a significant development, insurer Chubb Ltd disclosed, it has decided to cut its exposure to coal-powered plants operators and that it would not… Read More ›
Chiyoda is one of the world’s top builders of liquefied natural gas (LNG) plants. With increased global demand for LNG, the plant engineering firm’s fortunes potentially has a bright future. On Monday, as per a report from the Nikkei newspaper,… Read More ›
Chinese customs has stopped importing Australian coal with the Chinese foreign ministry stating this is a “completely normal” practice. While China has always portrayed itself as playing by the rules, its surprising that it did not provide a guidance or… Read More ›
Although LNG will largely replace coal in the global energy mix, the forecast growth trajectory for CO2 emissions has been once again tied down to the oil and gas industry. These emissions are “far out of step” based on current… Read More ›
Investors are increasingly using their financial muscles to reward companies that limit their investments towards fossil fuel companies. On Monday, the world’s biggest reinsurer, Munich Re, stated it will stop investing in shares and bonds of companies that generate more… Read More ›
By targeting U.S. crude, Beijing has placed the Trump administration’s “energy dominance” in its cross-hairs. In a development that adds to pressure on the U.S. government to scale back trade pressures on China, energy analysts and executives have disclosed the… Read More ›
While China had earlier continued to export gasoline and diesel to Pyongyang it has stopped doing so over concerns that North Korea will be unable to pay for the goods. Although export levels have dropped significantly, they are yet to… Read More ›
The development comes in the wake of investors wanting greater return on investments from the world’s No. 2 miner. Cash-flush Rio Tinto has stated it would be buying back an additional $2.5 billion worth of its shares, in a… Read More ›
Landlocked Afghanistan has many resources to offer, but they come at significant costs and risks. U.S. President Donald Trump is said to be eyeing Afghanistan’s mineral resources as a way to help fund reconstruction efforts in the impoverished nation and… Read More ›
Valued at $56 billion, the Great Barrier Reef, taken off UNESCO’s danger list with the Australian government continuing its love affair with the fossil fuel industry. UNESCO, the United Nations’ cultural body has voted to leave the Great Barrier Reef… Read More ›
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