Oil majors need to curb emissions in sub-Saharan Africa — where almost half of their most polluting assets are located — as investors demand greater efforts to slash carbon output, according to Wood Mackenzie Ltd.
The first megawatts of electricity will flow between Norway and the U.K. Wednesday along the longest submarine power cable in the world.
A bid to create a freeport in the Cromarty Firth is being backed by accountants and business advisers Johnston Carmichael.
Oil extended a powerful rally, with global benchmark Brent closing in on $75 a barrel, after data pointed to a substantial draw in US crude stockpiles and top traders predicted further gains in prices.
Fitch Solutions believes that the Myanmar military government’s solar project push, the first attempt at stimulating foreign investment since the coup, will not succeed and will do little to turn the gloomy economic situation around.