HSBC not banking on coal power stations

The new policy will apply globally except for three countries where projects may be given exemption “if no reasonable energy alternative can be found”

Shell to net $7.25bn in oil sands divestment

Shell is to net $7.25 billion (£6bn) in a move towards oil sands divestment. The oil and gas giant also announced it would reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10% as it outlined the next stage of its divestment plan. The company will sell its entire 60% interest in AOSP, its […]