Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has revealed several oil-bearing campanian sandstone reservoir packages, the company announced on November 2. The Roystonea-1 well reached a total depth of 5,315 meters. Petronas said that the discovery is poised to…
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eyesonbrasil Amsterdam, Nov. 2nd 2023– Within a very foreseeable future Allseas will begin developing the work which has been agreed between them and Porthos and the first tasks will include installation, burial and commissioning of a 16-inch CCS pipeline. This pipeline will connect a compressor station located at Maasvlakte, and the P18-A platform, which is…
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Amsterdam, Nov 2nd 2023– The U.S. Department of Energy (DOE) announced that they will be awarding $36 million to 11 projects, spread over 8 states. This has been done in order to drive forwards the Biden-Harris Administration’s efforts and to accelerate the development of marine carbon dioxide removal (mCDR). The funding for these projects comes…
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by Brian Kahn – Bloomberg Christoph Gebald’s company, Climeworks, is a pioneer in carbon-capture technology. Can it grow quickly enough to make an impact in the climate fight? Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for…
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How it became the world’s second largest exporter of food? The Netherlands is a small country in Northern Europe, home to just over 17 million people. A good part of the territory is below sea level, which is why it is famous for its engineering works to face the challenges of constant flooding. It is…
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Occidental Petroleum is leading the global charge to vastly expand the use of technologies that suck up carbon dioxide. The failure of company’s biggest-ever bet shows the challenges ahead. By Natasha White, Akshat Rathi, and Kevin Crowley The world wants to master the process of corralling carbon, and Occidental Petroleum Corp. is building a futuristic machine on the dusty plains of…
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Deepak Malhotra, Harvard professor and author of ‘Negotiation Genius,’ shows you exactly how to approach and win any negotiation.
In theory putting a price on carbon emissions should incentivise businesses to stop polluting. So why have carbon markets failed to achieve their goal of reducing global emissions?
The renewable revolution is plainly gaining speed and impact. So why are so many analysts so wrong about the pace and scale of innovation? The renewable revolution is advancing at remarkable speed. In fact, the speed of the renewable revolution has defied many leading energy commentators who have continuously underestimated its true trajectory. They have…
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