Limiting how much coal countries can burn is considered an urgent priority for restraining global heating.
SINGAPORE: China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream, analysts said
Oil And Gas Investments Hit $499bn In 2022 – Report
The world is not going to run out of oil or gas anytime soon.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes Co BKR.O said in its closely followed report on Friday.
Approximately 40% of the volumes credited to crude losses in the Nigerian petroleum industry are actually attributable to measurement inaccuracies and not theft as often reported, Engr Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Regulatory Commission (NUPRC), has said.
BP and Shell announced record annual profits of £23bn and £32bn respectively for 2022.
According to the most recent report that Occidental Petroleum Co submitted to the Securities and Exchange Commission, Jupiter Asset Management Ltd made a new investment in the company during the third quarter.
The United Nations Development Programme (UNDP) and the Federal Government of Somalia have launched the Africa Minigrids Program (AMP) in the country.
The United States produces more oil and gas than any other country.