Barclays to end direct financing of new oil and gas fields

BNP, Barclays among banks in crosshairs over new oil, gas loans

... European banks to halt the direct financing of new oil and gas fields by the end of this year.

Barclays AGM: 'World cannot function without fossil fuels' - PA Future

The International Energy Agency's (IEA) analysis that a pathway to net zero will require no new oil and gas projects is “a bit more ...

BARCLAYS' NEW OIL AND GAS POLICY NOT FIT FOR PURPOSE

HSBC excludes new project finance for new oil and gas fields (approved after 2021) and for directly linked midstream infrastructure. NatWest ...

Lloyds Banking Group commits to not directly finance new oil and ...

Last May, the International Energy Agency (IEA) warned that there is no room for new oil and gas fields beyond 2021 for a 50 per cent change of ...

Barclays announces end to direct funding for oil and gas projects

Barclays, a major banking giant, has unveiled plans to impose limitations on lending to energy businesses involved in expanding fossil fuel ...

Lloyds Banking Group commits to not directly finance new oil and ...

Last May, the International Energy Agency (IEA) warned that there is no room for new oil and gas fields beyond 2021 for a 50 per cent change of reaching net ...

Barclays has financed $5.6bn in new fossil fuel projects since January

The three banks have extended financing to fossil fuel companies despite committing to net zero carbon emissions from financing activity by 2050 ...

Climate protesters urge National Trust to drop Barclays over fossil ...

“We welcomed Barclays' announcement that they will stop direct financing to clients engaged in oil and gas expansion, and that they will require ...

Barclays CEO Says Bank Can't Go 'Cold Turkey' on Oil Clients

Earlier this year, Barclays pledged to halt the direct financing of new oil and gas projects, and to restrict financing for companies that ...

Shareholder victory: Barclays to cease funding new fossil fuel projects

Barclays, one of the five largest banks in Europe has confirmed today that it will no longer fund new oil and gas projects, a move that was ...

Barclays ceases direct funding of new fossil fuel projects - bsc-int.co.jp

The London-based bank will also require all its portfolio energy companies to report their scoped emissions reductions targets and any expansion plans by ...

If you're banking with Barclays, set yourself on fire

They provided US$30.3 billion to the top 100 fossil fuel developers in 2022, which is a quarter of their funding worldwide, and Barclays Bank is ...

British bank Barclays commits to stop financing oil and gas that ...

The new policy by Barclays is similar to the one applied by British bank HSBC in 2022, which was the first exclusion to include all of Amazonia.

Barclays tightens lending for dirtiest fossil fuels - SweetCrudeReports

London — Barclays on Wednesday said it was tightening lending criteria for coal power and would stop financing oil sands exploration and ...

BNP, Barclays Among Banks in Crosshairs Over New Oil, Gas Loans

(Bloomberg) — Investors with $1.5 trillion have called on Barclays Plc, BNP Paribas SA and three other major European banks to halt the ...

Barclays bank to tighten lending for dirtiest fossil fuels

Barclays has said that it would tighten its lending criteria for coal power and would stop financing oil sands exploration and production, ...

Analysis of Barclays' February 2024 energy policy

Asset finance: exclusion of dedicated financing for exploration and development of new oil ... & gas despite its new exclusion of direct financing ...

Barclays CEO Says Banks Can't Go 'Cold Turkey' on Oil Clients

Earlier this year, Barclays pledged to halt the direct financing of new oil and gas projects, and to restrict financing for companies that focus exclusively ...

Banking giant Barclays will cease direct funding for new oil and gas ...

Banking giant Barclays will cease direct funding for new oil and gas projects. Under its Climate Change Statement, Barclays also committed ...

Barclays Intensifies Climate Commitment with New Financing ...

Barclays takes a bold step towards sustainability by halting direct financing for new oil and gas projects and tightening lending practices, ...