WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
Read More »BP sells petchems arm for $ 5 billion in energy transition renovation
LONDON (Reuters) – BP (BP.L) agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $ 5 billion, leaving a sector widely seen as a key driver of growth in oil demand in the coming decades. FILE PHOTO: A BP logo at a service station in London, …
Read More »The District of Columbia sues 4 major oil companies for misleading consumers about climate change
WASHINGTON, June 25 (Reuters) – The Attorney General for the District of Columbia filed a lawsuit Thursday against Exxon Mobil Corp, BP Plc, Chevron Corp and Royal Dutch Shell Plc for “systematically and intentionally misleading” consumers about the role of their Products play to cause climate change, the latest action …
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