Saudi Aramco Places Three Tranches of $6 Billion in Islamic Bonds on Demand of more than $60 Billion
Saudi Aramco, Saudi Arabia’s oil state corporation, is placing three tranches of Islamic bonds (sukuk) totaling $6 billion, a source in the banking
European Union countries have agreed on the need to stop financing new cross-border oil and gas projects from the Union budget, the EU Council said in a statement.
The confidence of major investors in fossil industries continues to wane. This is shown by stock market developments, but also by Blackrock joining a climate initiative.