MacArthur President John Palfrey said it would switch its equity exposure to indexes that exclude companies with fossil fuel reserves.
American Airlines said in a statement it has invested $100 million. The program will initially focus on four key areas: direct air capture, green hydrogen, long-duration energy storage and sustainable aviation fuel.
Exxon Mobil unveiled that a slew of companies including Chevron, NRG Energy, Phillips 66 and more have all began discussing plans to support its carbon capture and storage plans in Houston.
With budgets worldwide squeezed by the COVID-19 crisis, national pledges to cut emissions so far are inadequate.
Sierra Energy, a new mineral and royalty acquisitions company formed through a partnership between Providence Energy and Oaktree Capital Management, will target opportunities throughout the continental U.S.
U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging.
The IEA forecast a robust rebound in the market from the fourth quarter of the year citing "strong pent-up demand and continued progress in vaccination programs."
Harvard President Lawrence Bacow said the school’s endowment had no direct investments in fossil fuel exploration or development companies as of June and will not make such investments in the future.
Additionally, ADNOC Drilling will acquire eight land rigs from Helmerich & Payne as part of the strategic alliance.
Iraqi oil minister Ihsan Abdul Jabbar said the first phase will include a $3 billion investment by Total in a project to inject seawater into oil fields to enhance crude recovery.