A man walks on a path in front of an oil derrick near the Huntington Beach Oil Fields on April 20, 2020 in Huntington Beach, California. Michael Heiman | Getty Images Oil slipped below $44 a barrel on Friday and was on course for its biggest weekly decline since June […]
oil
Insurance giant Suncorp to end coverage and finance for oil and gas industry
Major Australian insurer Suncorp will end any financing or insuring of the oil and gas industry by 2025, adding to the group’s existing ban on support for new thermal coal projects. Load Error The insurer revealed on Friday it had already stopped insuring, underwriting or directly investing in new oil […]