Calgary: Oil bulls are rebuilding their positions, but it will probably take some major news to shake the market out of its current mood and trigger a sustained rally. Money managers boosted…
Musk Says Tesla Has Finally Made a Ready-to-Deploy Solar Roof
Almost three years after Tesla Inc. Chief Executive Officer Elon Musk unveiled solar roof shingles as part of his push to buy SolarCity, the automaker says it finally has a version of…
Green Climate Fund attracts higher pledges, open for more
LONDON (Thomson Reuters Foundation) – Wealthier countries on Friday promised nearly $9.8 billion over the next four years to an international fund to help poorer nations develop cleanly and adapt to climate…
In blow to US, EU pledges quick move on tax for polluting firms
The European Commission will quickly start work on a tax on foreign polluting firms, the nominee for the EU’s economic and tax commissioner said yesterday, a move that could hit US companies…
GECF, Opec in pact to strengthen co-operation in research and sharing of best practices
Doha-headquartered Gas Exporting Countries Forum (GECF) and the Vienna-based Organisation of the Petroleum Exporting Countries (Opec) have entered into a pact to strengthen co-operation in research and the sharing of best practices….
How Climate Divestment Won Converts With Deep Pockets
Can you strike a blow against climate change by getting rid of your oil company stocks — and can you do it without losing money? The idea is not just for activists…
How to halt global warming for $300bn
The world needs to spend $50 trillion on five areas of technology by 2050 to slash emissions and meet the Paris Agreement’s goal of halting global warming, Morgan Stanley analysts wrote in…
QP wins exploration rights in three Brazil offshore blocks
SOCHI, Russia—Russian President Vladimir Putin on Thursday promised support to Philippine President Rodrigo Duterte in fighting terrorism. “Mr. President [Duterte], we are ready to continue to develop our partnership and to share…
QP wins exploration rights in three Brazil offshore blocks
Qatar Petroleum (QP), the country’s hydrocarbon bellwether, has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia. The winning bids were announced by Brazil’s National Agency…
France upholds law banning palm oil from biofuel scheme
France’s constitutional court yesterday upheld a law excluding palm oil from the country’s biofuel scheme, rejecting an appeal by energy company Total which says the measure puts at risk its production site…