A moratorium has been issued against an offshore phosphates project, controlled by Lev Leviev Namibia Phosphates Ltd., which was due to begin production in 2018.
Category: Markets
General Electric to Buy France’s Alstom for $17 billion
General Electric (GE), a US company, is considering buying the French engineering company Alstom for about 16.9 billion USD. GE is not the only major
Alfonso Cuaron Challenges Mexico’s Energy Reforms
The Oscar-winning director Alfonso Cuaron has recently started political activism focusing on Mexico’s planned energy reforms. The Mexican film-maker living in London has published a
Russia’s Energy Firms Wither as Sanctions Grow
The rating agency Standard&Poor’s (S&P) cut the credit ratings for some of Russia’s major energy and transportation firms as more sanctions against President Vladimir Putin’s
Goldman Sachs’ Revival of Commodity Trading
The leading investment bank Goldman Sachs has announced that its holding of commodities remained strong and important, thus boosting the confidence of investors in metals
Searchers to Deploy Submersible in Hunt for Mine
Their efforts underscore a growing effort to pull carbon from the atmosphere. Solutions include planting or restoring forests and — once many economic and technical