November 13, 2022

Africa moving very slowly toward clean energy transition — report

Africa’s investments accounted for only 0.6% of the $434 billion destined for clean energy worldwide.

November 11, 2022

Oil to zinc prices soar after China eases some covid restrictions

Almost all major commodities traded higher following China’s move to reduce the time that travelers and close contacts of infected people must spend in quarantine.

November 11, 2022

Glencore, Chad creditors agree in principle on terms of debt treatment

The deal will be the first completed under a framework created by the Group of 20 major economies and the Paris Club in late 2020 to help poor countries weather…

November 11, 2022

Vedanta says state revenue share would make Barmer oil asset unviable

The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.

November 8, 2022

Mark Carney sees ‘wall of opportunity’ for energy investors

“A lot of the answer to energy security problems that have been exposed by Russia’s illegal war have to do with sustainability,” the former Bank of England governor said.

November 7, 2022

Enbridge to spend $4 billion expanding natural gas pipelines in British Columbia

Should the planned expansion receive the necessary regulatory approvals, the company said the expanded pipeline would be in service sometime in 2028.

November 7, 2022

COP27: We’re on a highway to climate hell, UN boss says

"Humanity has a choice: cooperate or perish,” United Nations Secretary-General Antonio Guterres told delegates gathered in Egypt.

November 7, 2022

Russia’s Sberbank sues Glencore for $116m over oil supplies

Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.

November 6, 2022

Methane cloud spotted by satellite near India waste site

Methane is routinely generated as a byproduct of oil and coal production.

November 3, 2022

UK court fines Glencore $308 million for bribing its way across Africa

The UK Serious Fraud Office showed how Glencore paid more than $28 million in bribes across five African countries over five years to 2016.