Friday , 19 December 2025

Recent Posts

‘Coal curbs in Asia could save 50,000 lives annually’

  Bloomberg About 50,000 lives a year could be saved by 2030 if no new coal-fired power plants are built in Southeast Asia, South Korea, Japan and Taiwan, according to a study from researchers at Harvard University and Greenpeace International. If coal plants currently planned or under construction in the region are actually built, some 70,000 deaths could result annually, …

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Oil caps worst week since November 2016

  Bloomberg Oil posted the biggest weekly decline since November as traders await proof that OPEC and other producers are following through on promises to cut production. Futures declined 1.2 percent in New York on Friday and slid 3 percent this week. Saudi Arabia reduced output to less than 10 million barrels a day and will consider renewing its pledge …

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MEG Energy taps debt market after crude rebounds

  Bloomberg MEG Energy Corp. is boosting production at its Christina Lake project in Alberta and tapped debt and equity markets for financing, further signs of a rebound in Canada’s oil patch as crude prices stabilize. The expansion at Christina Lake Phase 2B will increase output from the site by about 25 percent to 100,000 barrels a day by 2019, …

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