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Standard Bank commits to adopt climate strategy in 2022 News24 Standard Bank says it will adopt a climate strategy. The strategy will also set targets to reduce the bank's exposure to fossil fuel assets. These will be published in the next annual reporting cycle, in the first half of 2022. Standard Bank has committed itself to publish a climate strategy in the next Task Force on Climate-related Financial Disclosures Report (TCFD). The bank, which is the largest lender in the continent, has been receiving backlash from environmental activists for several years now regarding its decisions to fi...

NNPC concluded agreements with Shell, ExxonMobil, Total, and Eni to create a new production sharing contract.

Best Oil ETFs to Watch in 2021 Best Oil ETFs to Watch in 2021 May 21, 2021 14:37 UTC Reading time: 12 minutes Oil prices have been on a rollercoaster ride in recent years, crashing to 30-year lows after the pandemic before rallying more than 500% into 2021.  It’s just one reason investors are keen to identify what the best oil ETFs (exchange traded funds) are for this year.  These type of funds aim to track an index of oil prices by investing in oil directly or through derivatives like futures or options - allowing the investor to just focus on one investment to diversify their port...

Interplás A pilot project launched in 2020 by Portugal-based packaging manufacturer Intraplás Indústria Transformadora de Plásticos SA in collaboration with Yoplait brand in France has successfully demonstrated the feasibility of using recycled polystyrene in dairy product packaging. Intraplás is now ready to incorporate the recycled material in its dairy packaging on an industrial scale. The project was aimed at boosting the carbon neutrality of the value chain through the use of recycled materials. The material for the project was derived from post-consumer mixed plastic waste conv...

Iran's Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously ...