Barclays to end direct financing of new oil and gas fields

Barclays to end direct financing of new oil and gas fields - BBC

Barclays to end direct financing of new oil and gas fields ... Barclays has announced it will no longer provide direct funding for new oil and gas ...

Barclays to adopt fresh curbs on oil and gas financing - Reuters

Barclays told Reuters it will stop direct financing of new oil and gas fields and restrict lending more broadly to energy companies ...

Barclays ceases direct funding of new fossil fuel projects - Utility Dive

Any energy company with more than 10% of upstream oil & gas capital allocated to expansion; non-diversified upstream oil & gas companies; and ...

Barclays to Halt Direct Financing of New Oil, Gas Projects - Bloomberg

Barclays Plc plans to halt the direct financing of new oil and gas projects, as the UK bank expands the scope of assets that will find it ...

Barclays drops funding for new oil and gas fields. How do other big ...

Barclays has announced that it will no longer fund new oil and gas fields, in a “massive win” for the climate campaigners who have been urging it to stop for ...

Addressing climate change - Barclays

However, from 2024 we will no longer provide project finance, or other direct finance to energy companies, for new upstream oil and gas projects or related ...

We're challenging Barclays to stop financing fracking - ShareAction

Under the new policy, Barclays could not directly finance a specific project like Rosebank - the planned oil field in the North Sea ...

Barclays Ends Direct Financing for New Oil and Gas Projects

UK-based bank Barclays will no longer directly finance new oil and gas projects, and will require its energy sector clients to produce transition plans.

Barclays to end direct finance for oil and gas expansion - edie

Barclays has published a new climate change statement and energy policy, pledging to end direct finance to firms expanding oil and gas production.

Barclays responds to Rainforest Action Network, 'Banking on ...

Earlier this year we also announced we no longer provide project finance or direct finance to energy groups for new oil and gas fields. We ...

Barclays ends finance for new oil and gas projects - Curious Earth

Barclays bank has announced it will stop direct financing for oil and gas fields and curb its lending to other companies who fund fossil fuels.

Shareholders urge Barclays to stop financing new oil and gas fields

In February, 27 investors worth $1.4 trillion in assets under management wrote to Barclays to ask the bank to commit to stop directly financing new oil and gas ...

Barclays pledges to stop directly financing new oil and gas projects

Barclays has today published a revised Climate Change Statement, confirming it will no longer provide finance to energy clients for new upstream oil and gas ...

Barclays to Halt Direct Financing of New Oil, Gas Projects

Barclays was at 1.55 at the end of 2022, meaning that for every dollar it provides to the fossil-fuel industry — either via direct loans or debt ...

Is Barclays really moving away from oil and gas? - Energy Monitor

Barclays decision to no longer finance new oil and gas fields is positive news for the environment, but it comes with major caveats.

Barclays Bank Ceases Direct Financing for Oil and Gas

Barclays Takes Bold Steps: Ceases Direct Financing for New Oil and Gas Fields, Strengthens Commitment to Green Alternatives.

Stopping project finance for new fossil fuels is not a flex

What Barclays actually committed to was to end a very specific type of funding for new oil and gas – so-called 'project finance'. That's when a ...

Barclays accused of greenwashing over financing for Italian oil ...

In February this year, Barclays announced that it would no longer provide direct funding for new oil and gas projects. However, financing in the ...

Barclays ends financing for oil and natural gas expansions, spares ...

Starting immediately, Barclays will no longer help existing energy clients finance new upstream oil and natural gas projects.

Barclays CEO Says It's Misguided to Go 'Cold Turkey' on Oil

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