September 29, 2023

Vedanta to split business into six listed companies

The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group.

September 28, 2023

European insurers are underwriting 30% of US coal, study says

Coal is widely excluded from investment portfolios, and many banks have placed significant restrictions on lending to avoid it.

September 28, 2023

Petrobras, Vale to seek opportunities for joint investment in renewables

The companies have signed an MOU to study potential joint investment opportunities in renewable energy.

September 28, 2023

Top emitters underreport coal, oil & gas methane emissions – study

The US, Russia, Venezuela and Turkmenistan are in the spotlight for underreporting their methane emissions.

September 27, 2023

Trafigura gets $500 million to buy Saudi’s non-crude commodities

The three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again.

September 27, 2023

Microsoft to get carbon removal credits from biochar project

Producing biological charcoal and burying it in soils is a way of storing carbon for centuries.

September 27, 2023

Climate targets threatened by lack of mining investment: McKinsey

Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.

September 26, 2023

Short sellers mount attack on ESG stocks bloated from green hype

Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.

September 26, 2023

CarbonScape gets $18 million cash injection to deliver biographite to Europe, US

New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the critical material for lithium-ion batteries.

September 25, 2023

Sprott announces closing of largest resource fund to date

With the close of Fund III, total assets under management of Sprott Resource Lending Corp. stands at $1.5 billion.