Mitigation actions and regulations to meet critical 2030 methane reduction targets under the Global Methane Pledge are hampered by uncertainty in true levels of emissions and source breakdowns. Here we present a measurement-based, source-resolved, hybrid top-down/bottom-up methane inventory for conventional upstream oil and gas operations in Canada’s largest oil and gas-producing province, Alberta
OSLO, Norway — The Norwegian Petroleum Directorate (NPD) has compiled the first offshore wind datasets for operations on the Norwegian shelf.
Oil and gas host communities in the country have decried the persistent non-payment of the three per cent annual contribution that should accrue to them under the Petroleum Industry Act, more than two years after the Act was passed, even as they said the outstanding payment has reached N100 billion.
The Times of Israel reports: Energy Minister Israel Katz said that the investment
commitment by large natural gas exploration companies during this period as Israel is at
war with the Hamas terror group is a sign of confidence in Israel’s resilience.
Shares of Tullow Oil PLC have seen a surge on Monday as the Africa-oriented oil producer has secured a fresh $400 million debt facility through a deal with Glencore ahead of its Wednesday trading statement.
West Africa-focused Tullow Oil’s handover of the marketing rights to its Ghanian oilfields to Glencore is not expected to have any material market impact, a trader said on Monday
Tullow Ghana signed off its Supplier Market Day events for 2023 on a very progressive note, the other day at the Fiesta Royale Hotel in Accra.
The Government of Israel has recently sanctioned the national outline plan for energy storage. This pivotal move marks the initial arrangement of its kind and represents a significant step forward for Israel’s Ministry of Energy and Infrastructure.
Tullow Oil said on Monday it signed a $400 million five-year debt deal with Glencore to help manage its senior notes maturing through 2026 and will see the trading house take over marketing the crude from its flagship Ghana oilfields.
The facility will be available to draw for 18 months and proceeds will be used for liability management of Tullow’s senior notes maturing in March 2025. The interest on the facility will be Term Secured Overnight Financing Rate (SOFR) plus 10% on drawn amounts.