Search Results for: Carbon Disclosure Project

Kumba Iron Ore Achieves IRMA 75 Performance Level, Demonstrating Commitment to Responsible Mining

Posted on 27, March 2024 by

(IN BRIEF) Kumba Iron Ore Limited, a subsidiary of Anglo American plc, has announced that its Sishen and Kolomela mines in South Africa have attained the Initiative for Responsible Mining Assurance’s (IRMA) IRMA 75 level of performance. This achievement underscores … Read the full press release →

Posted in Awards, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom

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Shell Releases 27th Annual Sustainability Report, Highlights Progress Towards Emission Reduction Goals

Posted on 20, March 2024 by

(IN BRIEF) Shell has published its 27th annual Sustainability Report, showcasing progress made in social, safety, and environmental performance throughout 2023. CEO Wael Sawan emphasizes the company’s commitment to creating more value with fewer emissions, noting advancements in reducing carbon … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom

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Shell Announces Dividend Payments for Fourth Quarter 2023

Posted on 12, March 2024 by

(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the fourth quarter of 2023, which were initially announced on February 1, 2024. Shareholders had the option to receive dividends in US dollars, euros, or pounds sterling, … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

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Shell Announces Dividend Payments for Q4 2023 in Multiple Currencies

Posted on 11, March 2024 by

(IN BRIEF) Shell plc’s Board has disclosed the dividend payments for the fourth quarter of 2023, which was announced earlier at US$0.344 per ordinary share. Shareholders were given the option to receive their dividends in US dollars, euros, or pounds … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

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Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

Posted on 22, February 2024 by

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom

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TotalEnergies Proposes 7.1% Dividend Increase for Fiscal Year 2023

Posted on 7, February 2024 by

(IN BRIEF) Following a Board of Directors meeting on February 6, 2024, TotalEnergies has announced its intention to propose a dividend distribution of 3.01 € per share for fiscal year 2023 at the upcoming Shareholders’ Meeting scheduled for May 24, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management

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Equinor Posts Robust Q4 Earnings of USD 8.68 Billion Amid Strategic Growth Moves

Posted on 7, February 2024 by

(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Norway

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EBRD Funds Expansion of Azerbaijan’s Shipping Fleet for Enhanced Regional Trade Connectivity

Posted on 2, February 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release →

Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics, United Kingdom

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Shell to Sell Nigerian Onshore Subsidiary SPDC to Renaissance Consortium for $1.3 Billion

Posted on 17, January 2024 by

(IN BRIEF) Shell has entered into an agreement to divest its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to the Renaissance consortium. This consortium comprises four Nigerian exploration and production companies and an international energy … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition

Posted on 4, January 2024 by

(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release →

Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania

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Novozymes and Chr. Hansen Announce Future Name ‘Novonesis’ in Pursuit of Biosolutions Era

Posted on 14, December 2023 by

(IN BRIEF) Novozymes and Chr. Hansen have unveiled their new collective name, ‘Novonesis,’ symbolizing a fresh beginning in the world of biosolutions. This announcement marks a significant step towards the merger of the two companies. Novonesis, which means ‘A new … Read the full press release →

Posted in Business, Denmark, Industrial, Management, News, Pharma & Biotech, Science, Technology

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Shell Announces Dividend Payment Options and Rates for Q3 2023

Posted on 11, December 2023 by

(IN BRIEF) Shell plc’s Board has disclosed the dividend payment details for the third quarter of 2023. The interim dividend, set at US$0.331 per ordinary share, offers shareholders the flexibility to receive their dividends in US dollars, euros, or pounds … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Management, News, United Kingdom

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Shell Completes Sale of Home Energy Businesses to Octopus Energy Group

Posted on 2, December 2023 by

(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom

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EBRD Approves New Strategy Focusing on Sustainable Mining for Green and Digital Transition

Posted on 1, December 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has unveiled a new mining sector strategy outlining its priorities until 2029. Recognizing the mining industry’s pivotal role in developing environmentally friendly economies in line with the Paris Agreement, the … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom

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Teck Resources to Exit Elk Valley in Landmark $6.93 Billion Deal with Glencore, Reshaping Canadian Mining

Posted on 14, November 2023 by

(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release →

Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland

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Siemens Invests $150 Million in High-Tech Manufacturing Plant to Support U.S. Data Centers and Infrastructure

Posted on 4, November 2023 by

(IN BRIEF) Siemens has revealed a $150 million investment in a new advanced manufacturing plant located in Dallas-Fort Worth. The facility will produce cutting-edge electrical equipment to support American data centers and critical infrastructure, catering to the growing demand for … Read the full press release →

Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Schneider Electric Completes Acquisition of Climate Consulting Leader EcoAct to Boost Net Zero Solutions

Posted on 2, November 2023 by

(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has successfully finalized its acquisition of EcoAct SAS, an international leader in climate consulting and net-zero solutions based in Paris, France. This strategic move brings together two top-tier … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News, Technology

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Glencore Reports 2023 Q3 Production: Adjusts Nickel and Ferrochrome Forecasts Amidst Challenges

Posted on 31, October 2023 by

(IN BRIEF) Glencore, a global mining and commodities company, released its Third Quarter 2023 Production Report. The report highlights the company’s performance over the first nine months of the year, emphasizing that copper, coal, and zinc assets met expectations and … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland

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Shell and Oman LNG Extend Partnership Beyond 2024, Securing Long-Term Gas Supply Agreements

Posted on 24, October 2023 by

(IN BRIEF) Shell Gas BV, a subsidiary of Shell plc, along with partners in the Oman LNG LLC venture, have signed an amended shareholders’ agreement for Oman LNG LLC, extending the business beyond 2024. Shell Gas will remain the largest … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom

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bp Commences Full Commercial Operation of Third LNG Train at Tangguh Facility in Indonesia

Posted on 20, October 2023 by

(IN BRIEF) bp, in collaboration with the Tangguh production sharing contract partners, has initiated full commercial operation of the third liquefaction train at the Tangguh LNG facility located in Papua Barat, Indonesia. The expansion project, which includes the new train, … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom

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London Metal Exchange Enhances ESG Data Platform ‘LMEpassport’ with Global Collaboration

Posted on 10, October 2023 by

(IN BRIEF) The London Metal Exchange (LME) is collaborating with global producers and standards organizations to enhance its digital ESG data platform, LMEpassport, providing the metals community with access to verified sustainability data from global producers. LMEpassport now lists 466 … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom

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Seadrill Launches $250 Million Share Repurchase Program

Posted on 13, September 2023 by

(IN BRIEF) Seadrill Limited has initiated a share repurchase program, previously authorized by its Board of Directors, allowing the company to repurchase up to $250 million worth of its common shares. The program, which has no specified time limit, involves … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

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Shell Announces Q2 2023 Interim Dividend Payments in Multiple Currencies

Posted on 5, September 2023 by

(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the second quarter 2023 interim dividend, which was declared at US$0.331 per ordinary share on July 27, 2023. Shareholders were given the option to receive dividends in … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

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Shell to Sell Home Energy Businesses to Octopus Energy, Eyes Collaboration in EV Charging

Posted on 2, September 2023 by

(IN BRIEF) Shell Petroleum Company Limited, via its subsidiary Impello Limited, is set to divest its UK and German home energy businesses, Shell Energy Retail Limited (SERL) and Shell Energy Retail GmbH (SERG), to Octopus Energy Group. These businesses cater … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

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Leadership Transition at Shell: Ronan Cassidy Steps Down, Rachel Solway to Take Over as Chief HR Officer

Posted on 30, August 2023 by

(IN BRIEF) Ronan Cassidy, Chief Human Resources and Corporate Officer of Shell plc, will step down from his position on December 31, 2023, and leave the company thereafter. Rachel Solway, currently Executive Vice President of Human Resources, Organization Development & … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, United Kingdom

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Timi Platform: Sarawak Shell Begins Gas Production with Hybrid Power System

Posted on 28, August 2023 by

(IN BRIEF) Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced the initiation of gas production from the Timi platform in Malaysia, operating under the SK318 production sharing contract (PSC). Unique for its hybrid solar and wind power … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom

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Azimut’s Diversified Corporate Credit ESG-8 Fund Secures €30 Million Investment from EIF

Posted on 8, June 2023 by

(IN BRIEF) The European Investment Fund (EIF), with support from the InvestEU program, has committed €30 million as a cornerstone investor in the Azimut Diversified Corporate Credit ESG-8 fund. The fund, managed by Azimut Investments SA, aims to reach a … Read the full press release →

Posted in Business, Environment, European Union, Financial, Investment, Italy, Luxembourg

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Consolidation and Focus: Anglo American Streamlines Production Businesses into Two Regions

Posted on 31, May 2023 by

(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release →

Posted in Business, Industrial, Management, Metals and Minerals, News, United Kingdom

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Accenture and Cervest collaborate on AI-powered climate intelligence platform

Posted on 5, May 2023 by

(IN BRIEF) Accenture Ventures Project Spotlight has partnered with Cervest, an AI-powered climate intelligence platform, to offer clients access to historical, current, and predictive climate data. The partnership will enable clients to assess and address asset and portfolio vulnerabilities for … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Environment, Industrial, Management, News, Technology, United Kingdom

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BP’s digital technologies set to revolutionize oil production at Argos platform in Gulf of Mexico

Posted on 14, April 2023 by

(IN BRIEF) BP has announced the start of oil production at the Argos offshore platform, its fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008. The platform is the centerpiece … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Technology, United Kingdom

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Swedfund invests $30 million in Mirova Gigaton Fund to accelerate clean energy transition in emerging markets

Posted on 22, March 2023 by

(IN BRIEF) Swedfund, a Swedish development finance institution, invested USD 30 million in the Mirova Gigaton Fund on March 1. The Mirova Gigaton Fund, launched by Mirova, a Natixis affiliate, aims to provide debt financing to clean energy projects in … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Sweden

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Robin Mooldijk and Philippa Bounds appointed to top roles at Shell

Posted on 22, March 2023 by

(IN BRIEF) Shell’s Projects & Technology Director, Harry Brekelmans, and Legal Director, Donny Ching, are stepping down from their positions after 33 years of service with the company. Brekelmans will be replaced by Robin Mooldijk, the current Executive Vice President … Read the full press release →

Posted in Business, Energy, Gas & Oil, Management, News, United Kingdom

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Prague Stock Exchange Adopts ESG Reporting Guidelines for Czech Companies with EBRD’s Technical Assistance

Posted on 8, March 2023 by

(IN BRIEF) The Prague Stock Exchange has launched its first environmental, social and governance (ESG) reporting guidelines for Czech companies with the technical assistance of the European Bank for Reconstruction and Development (EBRD) and support from the TaiwanBusiness-EBRD Technical Cooperation … Read the full press release →

Posted in Banks, Czech Republic, Financial, Investment, Management, News, United Kingdom

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Shell Simplifies Organizational Structure to Improve Performance

Posted on 30, January 2023 by

(IN BRIEF) Shell is reducing its Executive Committee (EC) from nine to seven members to simplify its organization and improve performance. On July 1, 2023, the Integrated Gas and Upstream businesses will be combined to form a new Integrated Gas … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, United Kingdom

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Danone Partners with Environmental Defense Fund to Reduce Methane Emissions in Dairy Industry

Posted on 17, January 2023 by

(PRESS RELEASE) PARIS, 17-Jan-2023 — /EuropaWire/ — Danone (EPA: BN), a world leading food company and a component of the CAC 40 stock market index, has announced an ambitious plan to reduce its methane emissions by 30% by 2030¹ in a … Read the full press release →

Posted in Agriculture, Business, Environment, Food & Beverage, France

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Anglo American’s steelmaking coal business in Australia will rely on 100 percent renewable electricity for its operations from 2025

Posted on 16, November 2022 by

(PRESS RELEASE) LONDON, 16-Nov-2022 — /EuropaWire/ — Anglo American plc (LON: AAL), a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore & more, has announced that its steelmaking coal business in Australia will rely on … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Metals and Minerals, United Kingdom

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Wael Sawan to succeed Ben van Beurden as Chief Executive Officer (CEO) of Shell plc

Posted on 15, September 2022 by

(PRESS RELEASE) LONDON, 15-Sep-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced that Wael Sawan will succeed Ben van Beurden as Chief Executive Officer (CEO) of the Group. Ben will step down … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, United Kingdom

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Anglo American plc on the Anglo American Platinum announcement for the revision of its 2022 refined production guidance

Posted on 8, September 2022 by

(PRESS RELEASE) LONDON, 8-Sep-2022 — /EuropaWire/ — Anglo American plc (LON: AAL), a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore & more, has announced that Anglo American Platinum Limited (JSE: AMS), the world’s largest … Read the full press release →

Posted in Business, Industrial, Investment, Management, Metals and Minerals, United Kingdom

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Shell to triple its renewable capacity through the closing of the acquisition of Sprng Energy, an India-based renewable energy platform

Posted on 9, August 2022 by

(PRESS RELEASE) LONDON, 9-Aug-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced the closing of its acquisition of Sprng Energy, an India-based renewable energy platform. The transaction has been carried out via  … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, News

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Shell Neft LLC, Shell’s retail stations and lubricants business in Russia, now sold to PJSC LUKOIL

Posted on 25, May 2022 by

(PRESS RELEASE) LONDON, 25-May-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced the completion of the sale of its retail stations and lubricants business in Russia, Shell Neft LLC, to PJSC LUKOIL, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Retail, Russia, United Kingdom

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