Offshore Energies UK, the leading trade body for the UK’s integrating offshore energy industry has responded to Chancellor Rishi Sunak’s Spring Statement, and forecasts by the Office for Fiscal Responsibility.  Commenting, OEUK CEO Deirdre Michie OBE said:  “The OBR figures published today show that the oil an...

(Bloomberg) — The Chicago City Council on Wednesday voted to ban city investments in coal, oil and gas companies in an effort to combat climate change.  The  was supported by Chicago Mayor Lori Lightfoot and Treasurer Melissa Conyears-Ervin, who manages investments for the city as well as its pension funds and oversees $9 billio...