14 DEC – BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global in race

    A high-powered committee will, on Tuesday, evaluate preliminary bids received from mining-to-oil conglomerate Vedanta and private equity firms Apollo Global and I Squared Capital’s arm Think Gas for buying the government’s 52.98 per cent stake in Bharat Petroleum Corporation Limited (BPCL), sources said.   Last week, an inter-ministerial meet was held to discuss…

14 DEC – UK PM Boris Johnson Vows To Stop Government Funding For Fossil Fuel Projects Overseas

    Ahead of the international climate change summit, UK PM Boris Johnson said that Britain is set to end government funding for fossil fuel projects overseas. Previously, Britain has been criticised for sending billions of pounds abroad to help extract and refine fossil fuels and build power stations. On December 11, Johnson announced halt…