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April 1, 2021

U.S. and China’s next economic battle will be over climate change, experts say- oil and gas 360

U.S. and China’s next economic battle will be over climate change, experts say

April 1, 2021

CNBC Having long been at loggerheads over trade, technology and capital markets, the world’s foremost economic superpowers are turning their attention to climate change as the next path to commercial supremacy. China outspent the U.S. by nearly 2-to-1 on energy transition-related investment between 2010 and 2020, according to BNEF data cited by Bank of America’s ESG Research team in a report last month. Pressure points including

Egypt could ask for up to $1 billion in compensation for Ever Given crisis-oil and gas 360

Egypt could ask for up to $1 billion in compensation for Ever Given crisis

April 1, 2021

CNBC CAIRO — Egyptian authorities may seek over $1 billion in damages for helping to clear the Ever Given from the Suez Canal, as a dilemma emerges over who might foot the bill. “We will reach over a billion dollars in compensation,” Osama Rabie, the chairman and managing director of the state-owned Suez Canal Authority, told Egypt’s Sada El Balad channel

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