RE: Britain to stop backing overseas oil projects13 Dec 2020 21:26
The UK Export Finance agency has offered guarantees worth billions of dollars to help British oil and gas companies expand in countries such as Brazil, Iraq, Argentina and Russia, Burrows said.
CONTRADICTS THE BELOW
The government said the new policy would come into effect “as soon as possible” and would mean no further state support for oil, natural gas or coal projects overseas, including via development aid, export finance and trade promotion.