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Washington Energy & Sustainability Updates - May 2021 | Mintz - Energy & Sustainability Viewpoints

Leaders Summit on Climate On April 22-23 President Biden hosted the Leaders Summit on Climate, a virtual event intended to underscore the urgency – and the economic benefits – of stronger climate action. 40 world leaders were invited to participate in the summit, which the White House billed as a key milestone on the road to the United Nations Climate Change Conference (COP26) this November in Glasgow. The event also included leaders and representatives from international organizations, businesses, subnational governments, and indigenous communities. A key takeaway was President Biden’s announcement that the U.S. will commit to target reducing emissions by 50-52 percent by 2030 compared to 2005 levels. Other key U.S. commitments include:

White houseDistrict of columbiaUnited statesLeadership group for industry transitionSenate finance committeeSenate energy committeeEmission vehicle transition councilMission innovationUs international development finance corporationClean energy agendaEnergy sustainability viewpointsGlobal power system transformation consortiumMajor economies forumEnergy transitions initiativeTheir energy sector innovation creditUs international climate finance plan

PetroTel selects offshore bank to support Musandam project

PetroTel selects offshore bank to support Musandam project 1558380 SHARE NEW FINANCING: PetroTel’s local subsidiaries PetroTel Oman LLC and PetroTel Oman Offshore LLC operate Block 17 and Block 40 respectively in Musandam - MUSCAT, Dec 19 - National Bank of Oman (NBO) has been selected as the onshore bank for PetroTel Oman LLC, which has just secured a $300 million financing from the US International Development Finance Corporation (DFC) for its oil and gas projects in Oman’s Musandam peninsula. PetroTel Energy is an exploration and production company headquartered in Texas, USA, PetroTel’s local subsidiaries PetroTel Oman LLC (PTO) and PetroTel Oman Offshore LLC (PTOO) operate Block 17 and Block 40 respectively in Musandam.

United statesSultanate of omanAsif redhaNational bankPetrotel omanUs international development finance corporationPetrotel energyPetrotel oman offshoreMinistry of energyDevelopment finance corporationTel energyMusandam gas processing plantMusandam independent power projectAnil chopraGlobal transaction bankingCorporate internet banking

Celebrating Climate Week & Earth Day 2021 - Global Leaders G

Celebrating Climate Week & Earth Day 2021 A highlight of the numerous celebrations of the 2021 Climate Week / Earth Day around the world was the hosting of a “global summit” of leaders from 40 nations and sub-governments, the investment community, the corporate community, NGOs, and advocates, the E.U., multilateral organizations, indigenous communities, and others – hosted by the United States of America. We could describe the enthusiastic presentations and panel discussions over the two days by global participants a kumbaya gathering to refresh and update the 2015 Paris Agreement (or Accord) moments as the world leaders then set out ambitious goals to limit global warming. The big news – the USA is back in the global effort to address climate change challenges.

United statesFrance generalUnited kingdomWhite houseDistrict of columbiaSouth africaMarshall islandsSouth koreaJoseph bidenJohn kerryAntony blinkenKamala harrisGlobal climate ambition initiativeBiden harris administrationOtop storesGreening government initiative

The Brief: Black generational wealth (podcast), more-sustainable lithium, African small business fund, supplying artisans, solidarity economy

The Brief: Black generational wealth (podcast), more-sustainable lithium, African small business fund, supplying artisans, solidarity economy
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Free stateSouth africaUnited kingdomUnited statesWestern capeGreat britainSouth africanTomi amosunPenn fosterKelli saulnyRodney foxworthMaria kozloskiEnergyx teague eganJohn sobratoBen wrobelMonique aiken

African titans Vodacom, MTN battle for lucrative Ethiopia deal

African titans Vodacom, MTN battle for lucrative Ethiopia deal Monday May 03 2021 Balcha Reba (2nd left), director-general of the Ethiopian Communications Authority, shows a proposal from a bidder during the big opening ceremony for the telecommunications licences award, in Addis Ababa on April 26, 2021. Ethiopia announced it had received two bids for licences that would end the government’s monopoly in the telecoms sector. PHOTO | AFP Advertisement The battle for the lucrative Ethiopian telecommunications market has narrowed down to consortia led by two of Africa’s telecom giants, Vodacom and MTN Group, setting another stage for their sustained competition for the continental market.

South sudanUnited statesUnited kingdomSouth africaNairobi areaSouth africanWim vanhelleputteRalph mupitaMichael josephSumitomo corporationSaudi telecom companyInternational monetary fundEthiopian telecommunication corporation ethio telecomEthio telecomNairobi securities exchangeEthiopian finance ministry