Shell has said before it was investing some “10 to 15 billion dollars between 2023-25 in low-carbon energy solutions,” representing 23 percent of its total capital expenditure.
During court hearings in April 2024 in The Hague, Shell’s lawyer Daan Lunsingh Scheurleer said that the case had “no legal basis” and “obstructs the role that Shell can and wants to play in the energy transition.
According to NUPRC, Nigeria’s current production rate, including crude oil and condensates, has reached 1.8 million barrels per day (bpd), up from 1.54 million bpd in September, with plans to push this figure to 2 million bpd by year-end.
All priority areas such as agriculture, including fisheries; physical infrastructure and service delivery in education and health; and roads, rail and other critical infrastructure received funding in the period under review with the exception of industrialisation.
According to the operator, Tyra II will ensure continued production of natural gas with 30% less CO2 emissions than before the shutdown and will contribute to energy security and independence in Denmark and Europe through the export pipelines to Nybro and Den Helder.
A collaborative effort by Blockchain for Energy (B4E) and Enovate Ai, B4ECarbon™ is an emissions management solution to streamline emissions tracking and reduce the environmental impact of operations.
Although California prioritizes the adoption of electric vehicles, the lion’s share of the $22 billion of private investment generated by the fuel standard has largely benefited biofuel companies.
There are only a few dozen Black-owned oil and gas companies in the U.S. Yachtze Luchin is the founder of Unite Oil & Gas International based in Houston, Texas. His company is focused on creating a more inclusive partnership with African national oil companies and the communities they support.
Oil prices fell on Monday after China’s fiscal stimulus measures, announced at the National People’s Congress, failed to meet investor expectations, suggesting limited support for fuel demand.
The SPE IOR-EOR Terminology Review Committee has released its recommendations for the use of improved oil recovery (IOR) and enhanced oil recovery (EOR) terminology in SPE’s latest technical report.