Kuwaiti ministers handed in their resignations to the prime minister on Tuesday, the government communications office (CGC) said, days after lawmakers submitted a motion asking to question the premier over issues including the makeup of the cabinet.
Iran's Revolutionary Guards have seized a Panama-registered vessel in the Gulf suspected of smuggling 300,000 litres of fuel and detained its crew of 10, the semi-official Fars news agency reported on Friday.
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(Reuters) - Backers of nuclear power hope U.S. President-elect Joe Biden’s focus on curbing climate change will boost the industry which is currently plagued with shutdowns, executives told a Reuters Next conference on Monday.
“This is a great opportunity for our country to get our groove back after a number of years of challenges,” said Dan Poneman, the president and chief executive officer of Centrus Energy Corp, a maker of fuel for advanced nuclear reactors that are expected to become commercial in coming years.
Biden, who takes over on Jan. 20, wants to make curbing climate change one of the pillars of his administration and has supported research and development for advanced nuclear technologies.
Saudi Arabia's crown prince unveiled plans on Sunday to build a zero-carbon city at NEOM, the first major construction project for the $500 billion flagship business zone aimed at diversifying the economy of the world's largest oil exporter.
By Reuters Staff
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LONDON, Dec 4 (Reuters) - Gunvor Group has closed a new $540 million borrowing base facility to support biodiesel trading as the company shifts its strategy to promote cleaner products in line with EU climate targets, the company said on Friday.
The bookrunners for the deal were Credit Agricole and Rabobank. The loan is structured around the company’s biofuel inventories, including two biofuel processing plants in Spain.
The Geneva-based firm has been trading biofuels since 2009. About half of Gunvor’s traded volumes are considered “transitional” commodities, including biofuels, natural gas and liquefied natural gas. (Reporting by Julia Payne; Editing by Susan Fenton)