
Articles
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1 week ago |
oilprice.com | Alex Kimani
Goldman Sachs argues that excluding oil and gas companies from ESG portfolios is a strategic mistake. Major oil firms like Exxon, Shell, and Aramco are ramping up investments in carbon capture, hydrogen, and other clean energy initiatives. While Big Oil contributes significantly to global emissions, Goldman and industry leaders believe their capital, infrastructure, and innovation are essential in the energy transition.
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1 week ago |
futures.tradingcharts.com | Alex Kimani
Apr 16, 2025 (Baystreet.ca via COMTEX) --Previously, we reported that the ESG investing boom of yesteryears has gone bust. Environmental, social and governance (ESG) investing spiked in 2020 and 2021 amid the COVID-19 pandemic with low oil prices driving more investments beyond fossil fuels, while fund managers tried to appear more climate-conscious.
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1 week ago |
oilprice.com | Alex Kimani
Back in December, China banned exports of antimony, gallium and germanium to the U.S. Following U.S. President Trump's volley of tariffs, China is now retaliating with rare earth 'export controls'. Trump administration is drafting an executive order that will enable the stockpiling of deep-sea metals in a bid to counter China's dominance in rare earths and battery minerals supply chains.
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1 week ago |
oilprice.com | Alex Kimani
OPEC+ is accelerating its oil output increases by adding 411,000 barrels per day in May. Saudi Arabia faces a budget strain, needing $96.20 oil to break even due to Vision 2030 spending. Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil revenue.
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2 weeks ago |
tv47.digital | Sophie Opondo |Alex Kimani
Ruth Wanjiku Kamande, the woman who stunned the nation in 2015 after stabbing her boyfriend 25 times in a violent domestic altercation, has lost her final bid to overturn her murder conviction. In a ruling delivered by the Supreme Court, the judges firmly dismissed her appeal, effectively sealing her fate. Kamande, who was just 21 at the time of the killing, had been in a relationship with Farid Mohamed Halim when things turned deadly one September night in Buruburu, Nairobi.
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