Investigation into Eni’s projects in Kenya and the Republic of the Congo shows company is failing to produce “miracle” drought-resistant biofuels crops at scale.
The Cop28 UN climate summit in December secured agreement from almost 200 nations to “transition away from fossil fuels in energy systems in a just, orderly and equitable manner” – a decision hailed by world leaders as “historic”.
Oil prices fell on Monday, extending losses on market views that higher than expected inflation could delay cuts to high interest rates that have been capping growth in global fuel demand.
Serica Energy PLC and Jersey Oil & Gas PLC on Monday said they have completed the Greater Buchan Area farm-out agreement.
The Wind Forecast Improvement Project 3 (WFIP3) is venturing into offshore wind energy exploration off the New England coast. The project seeks to address the complexities of forecasting offshore winds.
He said Ghana’s fuel specifications, which are set at a sulphur content of 50 parts per million (ppm) in fuel was the cleanest in the West African sub-region.
Iraq’s Oil Minister, Hayan Abdel Ghani, voiced his disappointment with ExxonMobil’s intention to withdraw from the West Qurna 1 oilfield in Iraq at the beginning of 2024. Instead, the Ministry of Oil claims that ExxonMobil plans to focus on potential investment opportunities in African nations.
(WO) – Reconnaissance Energy Africa Ltd. announced an operations update. ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024.
The overall expansion of North Field from 77mtpa currently to 142mtpa by 2030 represents an 85 percent increase in production.
Despite growing support for nuclear energy and significant government investment, the U.S. grapples with the dilemma of managing highly radioactive nuclear waste.
Proposed solutions include consolidating nuclear waste storage facilities in the Permian Basin to reduce costs but face opposition from the oil and gas industry.
Socioeconomically struggling communities in Southeastern New Mexico view hosting nuclear waste storage facilities as a potential economic boon, while industry leaders express concerns over the impact on oil and gas production.