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Goldman Sachs sells its stake in SOCAR Turkey

by Kali Persall | Sep 3, 2021

SOCAR Turkey has revealed that shareholder Goldman Sachs has sold its 13 percent stake in the oil company for $1.3 billion. The buyer was the parent company SOCAR (State Oil Company of Azerbaijan Republic).

CalSTRS designs framework to help it reach net-zero by 2050

by Kali Persall | Sep 3, 2021

The California State Teachers’ Retirement System (CalSTRS) has approved a four-part framework that includes a commitment to achieving net-zero greenhouse gas emissions across its investment portfolio by 2050 or sooner.

Chevron, Bunge form $600m renewable-fuel JV

by Released | Sep 3, 2021

Chevron U.S.A. Inc., a subsidiary of Chevron Corp., and Bunge North America Inc., a subsidiary of Bunge Ltd., announced a memorandum of understanding (MOU) of a proposed 50-50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.

418MW Juno Solar Project delivered in Texas

by Kali Persall | Sep 2, 2021

Tennessee-based Signal Energy, an EPC contractor based in Chattanooga, has completed construction of the 418-megawatt power Juno Solar Project in Texas.

Infrastructure investment scheme unveiled in India

by Kali Persall | Sep 2, 2021

Nitin Gadkari, the current Minister for Road Transport & Highways in the Government of India, has unveiled a new scheme geared toward holistic and integrated infrastructure development in India, according to Economic Times India.
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