Energy

Abu Dhabi’s Taqa looks to sell oil & gas assets in North America

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Abu Dhabi National Energy Co., the government-run company known as Taqa, is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year. After a two-year program to cut expenses, Taqa’s oil and gas… Read more »

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Bill Gates, Jeff Bezos, Jack Ma, others back $1b clean energy fund

Bill Gates and more than a dozen of the world’s wealthiest individuals revealed a new $1 billion investment fund late Sunday to foster major advances in clean energy production. Dubbed Breakthrough Energy Ventures, the 20-year fund is backed by a mix of technology luminaries and heavyweights from the energy industry…. Read more »