Ghana is working to reduce methane pollution in agriculture and waste management.
This is in line with the country’s mitigation actions of its climate plan to ensure air quality and public health, unlock carbon finance and create jobs.
Fuel prices at the pumps have seen no change for the past days, according to the latest pricing data
from CediRates, Ghana’s leading fuel price monitoring portal.
Governments agree oil and gas firms must deploy permanent CO2 storage facilities at an unprecedented scale, but the industry argues it is pointless without also building up carbon capture and transport infrastructure, while NGOs fear the plans distract from the need to cut emissions at source.
(WO) –Jadestone Energy plc, an independent upstream oil and gas production company focused on the Asia-Pacific region, announced that the final well in the company’s 2023 East Belumut drilling campaign offshore Peninsular Malaysia has now been completed. The overall program has delivered results significantly ahead of expectations.
The CEO of the Ghana National Petroleum Corporation (GNPC) has acknowledged the need for a balanced discourse on the challenges and opportunities inherent in the transition towards a net-zero economy, particularly in Ghana and other emerging oil countries.
ExxonMobil expects to see a material increase in its earnings potential until 2027 with upstream earnings set to more than double compared to 2019 supported by strong oil and gas production growth in the Permian basin and Guyana.
Central to the climate challenge is the urgent need to address the role of the oil industry and its rising emissions of greenhouse gases and short-lived climate pollutants. The global COP28 climate talks are a key moment for the oil sector to reassess its trajectory and acknowledge that a transition to cleaner energy sources is not just desirable but a financial and economic imperative — and that ultimately a zero emissions future is one that requires a phaseout of unabated fossil fuels.
(WO) –Jadestone Energy plc, an independent upstream oil and gas production company focused on the Asia-Pacific region, announced that the final well in the company’s 2023 East Belumut drilling campaign offshore Peninsular Malaysia has now been completed. The overall program has delivered results significantly ahead of expectations.
Reuters: OPEC’s crude oil production dropped in November for the first monthly decline since July.
OPEC produced 27.81 million barrels per day of crude last month, a drop of 90,000 bpd compared to October.
In November, Iran, which is exempted from the OPEC+ cuts, further increased its output to a five-year high, according to the Reuters survey.
U.S. manufacturing activity has declined for the 13th consecutive month.
Surprisingly, diesel demand has not followed a similar trajectory as the manufacturing sector.
With experts predicting that the manufacturing downturn may be drawing to a close, it will be interesting to see how the energy markets respond with diesel stocks already severely depleted.