Tag Archives: British Petroleum Co. (BP)

The move marks a reversal for these companies - which did not join the Oil and Gas Climate Initiatives (OGCI) when it was set up in 2014.

Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.

Methane is released into the atmosphere mostly through leaks in gas infrastructure such as pumps and pipelines.

Egypt is becoming an important gas and electricity hub that can provide energy security for the EU.

In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.

A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.

Chinese companies have invested in Iraq. the United Arab Emirates and Iran in recent years.

If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.

TANAP will account for 10 percent of all gas imports to Turkey. which is important in terms of diversifying supplies.

The firm will appoint an ``independent agent`` to execute the buyback.