Japan goes nuclear in bid to stay cool during Summer Olympics
Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis as temperatures soar and demand for cooling surges, especially in Tokyo, where the Olympics begin on Friday.
BlackRock CEO calls for stronger climate finance plan at G20 meet
BlackRock (BLK.N) Chief Executive Larry Fink on Sunday called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy.
EXCLUSIVE Chevron to sell swath of Permian assets valued at more than $1 bln -sources
Chevron Corp (CVX.N) is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.
Analysis: When do electric vehicles become cleaner than gasoline cars?
You glide silently out of the Tesla (TSLA.O) showroom in your sleek new electric Model 3, satisfied you’re looking great and doing your bit for the planet.
MUFG board beats back climate resolution as activists falter in Japan
Mitsubishi UFJ Financial Group (8306.T) shareholders on Tuesday defeated a proposal for the bank to align its business with global targets on climate change, dealing a win for the board over investors pushing for more action on the environment.
Canada’s climate plan charts hard road ahead for high-polluting oil sands
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge: not only is its economy dependent on oil production, but the Canadian oil industry’s carbon emissions are among the world’s highest for every barrel of oil it pumps.
Analysis: Biden may hinder oil and gas drilling even after court loss
U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions.
China c.bank chief says inflation under control, vows ‘normal’ monetary policy
China’s central bank governor said inflation is “basically under control”, and monetary policy would be kept steady, in comments a day after concerns over inflationary pressures were fanned by data showing the fastest rise in factory-gate prices in 12 years.
EXCLUSIVE Eni, BP in talks over oil and gas assets in Algeria
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
We’re TotalEnergies: French oil major gets green rebrand
Oil and gas group Total (TOTF.PA) won more than 90% backing for its climate plan to gradually reduce its emissions on Friday, when shareholders also voted overwhelmingly in favour of its rebrand as TotalEnergies to mark its shift to renewable energy.
