A pair of offshore engineering specialists have revealed ambitious plans for a £10 billion floating wind project aimed at slashing emissions from UK oil and gas platforms.
International banks are increasingly reluctant to commit to African projects, although domestic banks are growing with an eye on filling this gap.
Three French banks have committed not to provide project financing for the Total-led East African Crude Oil Pipeline (EACOP).
Bourbon Maritime has emerged from bankruptcy and reorganisation, under which 1.5 billion euros ($1.83bn) of debt was cut.
Don’t know about you but my patience with certain politicians, the oil and gas industry and indeed a few entire countries is running just a tad thin nowadays. Why? Because I am not seeing the progress in dealing with climate change that I should be seeing.