Venture Global moves ahead to build LNG export plant

Venture Global LNG has arranged $13.2 billion of financing to build a second liquefied natural gas export terminal on the Gulf Coast in the US. Bank of America, Goldman Sachs, ING, JP Morgan, Mizuho, Morgan Stanley and RBC served as lead banks to Venture Global on the transaction. The final investment decision comes as US

Top finance firms offered fossil fuel industry $740bn of funding

A damning new analysis of the energy investments of the world’s 30 biggest listed financial firms has revealed that they collectively provided $740bn to the fossil fuel industry in 2020 and 2021 – often with limited requirements on climate. Promisingly, 29 of the 30 companies have committed to achieving net-zero financed emissions by 2050 or