European banks are quietly continuing to tighten their oil and gas policies in significant ways, in contrast with the US where debate is raging about the acceptability of limits on fossil fuel financing.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted.
Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030.
Enel Chairman Michele Crisostomo, Enel CEO Francesco Starace, The Italian Minister of the Environment and Energy Security Gilberto Pichetto Fratin, the Director-General for Energy of the European Commission Ditte Juul Jørgensen, the President of the Region of Sicily Renato Schifani, and the Catania Municipality’s Special Commissioner – Prefect Piero Mattei visited the construction site of the 3Sun Gigafactory in Catania, which will become Europe’s largest solar panel factory by 2024, with a one-of-a-kind technology globally
The UK hopes to expand relations further with Azerbaijan in the energy sector, Azernews reports, referring to a tweet by UK Ambassador to Azerbaijan Fergus Auld.
Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030.
Russia’s budget was $24.7 billion (1.76 trillion rubles) into deficit in January
In a hotly debated move, the Petro administration hiked taxes for Colombia’s oil industry.
In its annual report detailing activity around mergers and acquisitions (M&A) for the upstream sector of the oil and gas industry, energy intelligence and analytics firm Enverus finds that deal activity slowed significantly during 2022.
Oil and gas exploration and production (E&P) firms globally could generate combined cash flows of a record $1.4 trillion this year, thanks to high prices in the ongoing readjustment in the energy markets, Deloitte said in a new report on Thursday.