Earnings Down on Softer Volumes and Weaker Pricing
Further, E&Ps are doing more to defray emissions from their extraction operations. Santos plans 26%-30% reduction by 2030 and net-zero emissions by 2040. It also has the Moomba CCS project that ...
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Italy's Intesa Sanpaolo adds to list of banks shunning Papua LNG project
Italy's largest banking group, Intesa Sanpaolo, and the Asian Development Bank (ADB) said they will not finance a $10-B LNG project in Papua New Guinea, as environmental groups lobby against the ...
Italy’s Intesa Sanpaolo adds to list of banks shunning $14b Papua LNG project
Green financing rules, pressure from climate groups are pushing Western financiers to shun fossil fuels. Read more at ...