Japan’s Ministry of Economy, Trade and Industry has signed memorandums of cooperation in the area of decarbonization with the governments of Uzbekistan and Kazakhstan.
Under the deal, inked Tuesday, Japan will supply renewable energy and energy-saving technologies to the two Central Asian countries, both heavily dependent on thermal power generation.
Algeria exported 97 million tonnes of oil equivalent in 2023, up 3.5 percent from the previous year, the state-owned APS news agency said on Tuesday.
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Asharami Energy, a Sahara Group upstream company, has been awarded the international Organization for Standardization (ISO) 20400 certification for sustainable procurement.
The block will help increase ONGC’s total production of oil and natural gas by 11% and 15% respectively; peak production of the field is expected to be around 45,000 barrels of oil per day and over 10 MMSCMD of gas
The Central Bank of Libya said Sunday that the country’s oil revenues in 2023 were 111.4 billion Libyan dinars (about 23.3 billion U.S. dollars).
The U.S. government will hold an auction of oil and gas leases in the Gulf of Mexico following several delays due to litigation over the drilling industry’s impact on an endangered species of whale.
ING takes next steps on energy financing after COP28
Phase-out of upstream oil & gas financing by 2040
Aim to triple renewables financing by 2025
ING announced today it is taking the next steps in our energy approach, phasing out the financing of upstream oil and gas activities by 2040 and aiming to triple new financing for renewable energy by 2025. These steps, updating our Terra approach, come after governments at COP28 agreed to transition away from fossil fuels and triple renewable energy capacity.
ING said it will phase out upstream oil and gas financing by 2040 and triple renewables financing by 2025, responding to the pact to pivot away from fossil fuels at COP28 last week.
The Ghana Revenue Authority (GRA) has assured that its risk-reward contract with the Strategic Mobilisation Limited (SML) will bring efficiency in the country’s revenue assurances and services.