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UK Watchdog Cracks Down on Junk Carbon Offsets as Stranded Assets Surge

(Bloomberg) -- Britain’s watchdog overseeing corporate marketing claims says it’s aware of a number of companies making false green statements after purchasing carbon offsets that aren’t fit for purpose.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Wor...
United Kingdom Gautam Naik Bloomberg Businessweek Matt Wilson Steve Adamske Andreas Kontoleon
Source: yahoo.com

Cyprus rejects Chevron's development plan for Aphrodite offshore natural gas field

The involved parties can now “enter into discussions to reach an agreement within a period of 30 days,” Papanastasiou told Bloomberg News, without elaborating on why the plan was rejected. The period for a new round of negotiations started Friday.
Giorgos Papanastasiou Shell Plc Chevron Corp Newmed Energy Israel Newmed Energy Energy Minister Giorgos Papanastasiou

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Shell plc (SHEL) Shares Rise Despite Market Challenges

The stock of Shell plc (NYSE: SHEL) has increased by 0.59 when compared to last closing price of 61.03.Despite this, the company has seen a loss of -0.05% in its stock price over the last five trading days. Zacks Investment Research reported 2023-08-28 that Shell (SHEL) and China’s Sinopec are
View Research Zacks Investment Research Investment Research Grand View Research Day Moving Nyse Shel

Oil industry leaders to bid on offshore wind leases in Gulf of Mexico

Three tracts, each spanning about 100,000 acres, are up for grabs in the auction, which is set to unfold anonymously over successive rounds Tuesday. Companies that have registered as potential bidders include apparent affiliates of offshore oil heavyweights BP Plc, Equinor Asa, Repsol SA, Shell Plc and TotalEnergies SE.
United States Gulf Of Mexico Equinor Asa Joe Biden John Bel Edwards Sam Salustro

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