The natural gas sector has not had a good week after Shell was ordered by a court in the Hague to slash its carbon emissions by 45 per cent before the end of 2030.
Shell has substantial liquefied natural gas assets in Australia and there is every reason to believe that its local operations will come under the microscope as well.
Strong Asian LNG demand for summer and tight supply amid maintenance and outages at multiple terminals have helped the market absorb the spot LNG cargoes rejected by India due to its COVID-19 related lockdowns, according to traders and market participants.
The world’s seven largest advanced economies have agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate change targets.
According to the United Nations more than 50 million tonnes of electronic waste was discarded in 2019
Bank of Papua New Guinea have announced the details for their upcoming Treasury Bond Auction for the 18 May, 2021.
Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the same time, some of the majors increased their energy transition commitments: as my Bloomberg Intelligence colleagues Salih Yilmaz and Will Hares noted on Twitter, Spanish firm Repsol SA devoted 40% of its capital expenditure to low-carbon projects, and France’s Total SE stated plans to increase its renewable energy capacity five-fold over the next four years.
Gas customers in the ACT face higher bills in the next five years after the energy regulator allowed a network request to extract more money from its customers before many of them switch to alternative technologies such as renewables.
New Zealand is the first country in the world to introduce legislation requiring banks, insurers and investment managers to report on the effects on their businesses on climate change.
As part of the ongoing debate on the means to achieve decarbonization for the maritime industry, the World Bank weighs in on the issue with a series of new research reports providing its perspective for policymakers and the industry.
Government Treasury Bond Auction Invitation – PNG Fixed Interest yield curve value, here’s your opportunity to purchase.