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Oil CEO rejects fossil fuel industry to blame for the climate crisis

DUBAI, United Arab Emirates —The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for the climate crisis "is like blaming farmers for obesity."His comments come at the mid-point of the U.N.'s biggest and...

Europe tech industry funding halves in 2023; AI a bright spot: Atomico

A 3D map showing the continent of Europe.Constantine Johnny | Moment | Getty ImagesVenture capital investment into Europe's tech industry plunged by half in 2023 as investors continued to reel from the effects of high interest rates, according to data from venture capital...

OPEC says oil industry unjustly vilified ahead of COP28

OPEC has refused to switch to bigger output increases as group sources have cited a lack of spare capacity among members to add more barrels as well as the need for further cooperation with Russia as part of the wider OPEC+ group.Dado Ruvic...

crypto industry can turn page after Binance settlement

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023.Michael Nagle | Bloomberg | Getty ImagesThe crypto industry can finally close the chapter on a litany of scandals and problems...

Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023.Bloomberg | Bloomberg | Getty ImagesThe oil and gas industry needs to let go of the "illusion" that...

GoCardless considers takeovers amid payments industry consolidation

Hiroki Takeuchi, GoCardless chief executive, on the MoneyConf Stage, attends Web Summit 2021 in Lisbon, Portugal.Harry Murphy | Sportsfile | Getty ImagesGoCardless, the British fintech company backed by Alphabet's venture capital fund GV, is considering more mergers and acquisitions as it looks to...