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Saudi Aramco Awards $25 Billion in Contracts For Gas Expansion

Saudi Aramco has awarded construction contracts worth $25 billion for the development of its Jafurah gas project, as it looks to boost production of the fuel considered a key part of plans to reduce plant-warming emissions. The contracts awarded include $12.4 billion for increasing gas output at Jafurah, plus $8.8 billion for expanding the so-called master gas system, …

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Climate Activists Arrested After Protest at Citi’s New York Headquarters

Dozens of climate activists were arrested after protesting at Citigroup’sheadquarters in New York on Friday as part of what they called a “Summer of Heat” campaign. Climate groups have been targeting Wall Street banks in a campaign against their financing of fossil fuel projects. Police arrested 61 protesters on Friday, with charges pending, while two …

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