Energy

Apac oil companies' slow transition poses funding risk, says IEEFA

Sinopec petrol station_Hong Kong
The IEEFA report highlighted Sinopec among other APAC companies as having high debt balances and big expansion plans (Photo: Paul Yeung/Bloomberg)

A new report has highlighted the difficulties that oil and gas companies in the Asia-Pacific region may face in securing backing from investors and lenders striving to fulfil net zero commitments. 

Asia-Pacific oil and gas companies are lagging global peers in the carbon transition, the Institute for Energy Economics and ...

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