Argentina's state-run oil company YPF has been granted a US $ 300 million loans, which “shows the confidence of the markets in the results obtained by the company in 2021,” it was announced.
The Argentine Government has reached an understanding with a leading Australian firm to move forward with local production of clean energy. President Alberto Fernández made the announcement Monday from Glasgow, where he is attending the UN COP26 Climate Summit.
Permits for offshore oil and gas exploration will no longer be issued by the New Zealand Government as part of its commitment to a clean energy future. The move will not affect existing permits for exploration or extraction, meaning the industry is likely to continue in the nation for several more decades.
The US solar industry is undergoing some serious growing pains, with bankruptcies and mergers a necessary part of that process; meanwhile, competition from Chinese solar panels has many believing that American solar simply cannot compete. Not so.