Bloomberg Barclays said it plans to cut its net greenhouse gas emissions to zero over the next 30 years and only provide finance to projects that align with the temperature reduction goals of the Paris climate accord. The London-based bank will put the proposal to go “net zero” by 2050 to shareholders for a vote at its annual general meeting …

Bloomberg Oil majors and traders are scrambling to book supertankers to try and divert a flood of American crude to Asia, betting the region is the best place to store the surplus while the market waits for a rebound. A dozen very large crude carriers are being sought to load from the US Gulf Coast over a 10-day period from …

Bloomberg Brazil’s two largest fuel distributors declared force majeure on purchases of ethanol as the coronavirus pandemic hammers demand in Latin America’s largest economy. The Raizen venture owned by Royal Dutch Shell Plc and Cosan SA sent a letter to suppliers invoking the clause for both anhydrous ethanol that’s blended in gasoline and the hydrous variety used directly in cars, …