Eni SpA E and Repsol SA REPYY are engaged in advanced negotiations for new agreements with Venezuela, as the South American nation aims to reclaim its position as a significant global oil producer following the relaxation of U.S. sanctions, per a Bloomberg report.
The people of oil rich communities of Ugborodo, Deghele and Ugboegungun in Warri South-west Local Government Area of Delta State have expressed confidence on the stance of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in their quest for both Chevron and Shell to follow due process and the law in the registration of the Host Community Development Trust (HCDT) for the implementation and operationalization of the Petroleum Industry Act, (PIA) in their domain.
Canadian Prime Minister Justin Trudeau’s announcement on Thursday that the fossil fuel industry will have to slash emissions by 35% to 38% below 2019 levels beginning in 2030 has led to an industry backlash warning that this policy will result in a significant reduction of output and high energy prices for consumers.
Chinese mining companies have sharply increased their cobalt output in Congo as they seek to expand their market share, putting further pressure on a commodity whose price has badly tanked.
Development Minister Svenja Schulze on the need to ensure a socially just transition for a sustainable energy transformation. This contribution was produced in cooperation with KfW.
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.