Climate Concerns Haven’t Crippled Big Oil Funding ...Middle East

The global push for decarbonization hasn’t impacted either the access to external capital or the cost of capital for oil and gas companies, S&P Global Ratings and S&P Global Commodity Insights said in a new report. Most mid-sized and large oil and gas companies in Europe and North America “still have a relatively long runway in terms of capital access,” the authors of the report wrote.   Those firms could see intensified pressures in terms of access and cost of capital after 2030 when oil demand is expected to begin…

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