Swiss government rejects fossil fuel financing ban
The Swiss Federal Council has recommended that the country’s parliament reject a popular initiative seeking to make financial…
ABB Buys UK’s Rotork in $5.5 Billion Deal for Automation Boost
(Bloomberg) — ABB Ltd. agreed to buy British industrial components company Rotork Plc for an enterprise value of…
Consumers Aren’t Yet Paying the Green Premium, But Companies Must Keep Investing: Nestlé South Asia ESG Head – Outlook Business
Net zero is a commitment, but making a commitment is the easy part. The real work lies in…
UBS Group reportedly halves ESG team in Asia
UBS Group has reportedly cut its environmental, sustainability, and governance (ESG) team in Asia by half, bringing the…
UBS Group reportedly halves ESG team in Asia
UBS Group has reportedly cut its environmental, sustainability, and governance (ESG) team in Asia by half, bringing the…
Mercuria, Vitol Are Among Bidders for Raizen Argentina Refinery
(Bloomberg) — Energy trading giants Mercuria Energy Group and Vitol Group are among finalists for a refinery and…
Nestlé, Robinsons Launch Sachet Recycling Machines
Reinforcing its commitment to sustainable development and innovation, Nestlé Philippines has partnered with Robinsons Supermarket to deploy reverse…
Small US Trader Moves Into Commodity Giants Vitol, Trafigura’s Venezuela Oil Turf
(Bloomberg) — George E. Warren LLC, a US oil trading firm based in Florida, broke into Venezuela oil…
Glencore’s Traders Score Big Profits as War Rattles Energy Markets
(Bloomberg) — Glencore Plc’s trading team made bumper profits as the Iran war roiled global commodity markets, with…
How ETH Zurich is mitigating rising energy prices – Staffnet
Energy prices for crude oil, natural gas and electricity are rising for two main reasons. First, the Strait…
Venezuelan Oil Moves Into the Caribbean as US Trade Links Forged
(Bloomberg) — Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move…
Trading Giants Want to Sell Venezuela Oil to Big Asia Buyers
(Bloomberg) — Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential…