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Tag: divest
Providence to divest 32% stake in Spanish Point area
2015-10-28 01:00:00| Offshore Technology
Irish oil and gas exploration company Providence Resources has started a farm-out process to divest up to 32% of its interest in the Spanish Point area, which includes Frontier Exploration Licence (FEL) 2/04 and 4/08.
Tags: area
point
spanish
providence
Oslo wants to ban cars city center and divest billions from fossil fuels
2015-10-21 02:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: There goes Norway making the rest of the world look like crap again. The Guardian reports that the Oslo city government recently proposed a ban on private vehicles in the city center after 2019. In addition, the city government - a coalition of the newly elected representatives from the Labour Party, the Socialist Left, and the Green Party - plans on divesting its $9 billion pension fund from coal, oil, and gas companies. The capital of Norway`s city center isn`t highly residential - only 1,000...
Total to divest 15% more interest in Gina Krog field offshore Norway
2015-10-20 01:00:00| Offshore Technology
Total has signed an agreement to sell a further 15% interest in Gina Krog field off Norway to Sequa Petroleum's subsidiary Tellus Petroleum for Nkr.4bn ($172m).
Tags: total
interest
field
norway
Oslo Becomes First Capital City in World to Divest From Fossil Fuels
2015-10-19 21:40:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The City of Oslo has, today, become the first capital city in the world to ban investments in fossil fuels, as it announced it will divest its $9 billion pension fund from coal, oil and gas companies. Todays announcement follows a previous pledge in March to ban investment in coal. Lan Marie Nguyen Berg, of the Green Party in Oslo said: We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments. The time for climate...
Norway oil-rich capital first to divest from fossil fuels
2015-10-19 14:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: The capital of Europes largest holder of oil and gas reserves blacklisted all fossil fuel assets on Monday, as its new-look city council set out a greener agenda. Oslo agreed to shed oil and gas bets from its $9 billion pension fund after losing coal in March, and halve carbon emissions by 95% within fifteen years on 1990 levels. We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments, said Lan Marie Nguyen Berg...
Tags: capital
norway
fossil
fuels
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