The European Investment Bank stopped short of agreeing a strategy to limit funding for fossil fuels. a plan that would help step up Europe’s ambition to fight climate change.
Read More »Indonesia Mulls Production of 1 mln Barrels of Oil Per Day in 2030
Indonesia'.s oil and gas production reached a record 1.6 million barrels per day in the mid-1990s.
Read More »Saudi Aramco Considers Investing in Russian LNG
Saudi companies were considering investments in joint gas projects with Russia. as well as for the production of ethanol. used in the liquefaction of natural gas.
Read More »Big Oil are Poised to Do a Record Number of Clean Energy Deals
Investment in upstream oil and gas projects tends to be high-return but risky.
Read More »Iran to Defeat US Policies against Tehran’s Crude Exports
Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports. reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.
Read More »Iran Denounces US Political Approach to Oil
Iran’s Oil Minister Bijan Namdar Zangeneh condemned Washington’s unilateral and unlawful interventions against Tehran and Caracas’ crude supply. and urged the world not to let the energy market be politicized.
Read More »Government Rejects EAC’s Call to End Support for Fossil Fuel Industry
The EAC previously identified what it claims is an unacceptably high level of financial backing for polluting energy projects in developing countries.
Read More »BP to Use Drones and Thermal Imaging to Monitor Methane Emissions
The project is ultimately aimed at delivering and improving on BP’s methane intensity target of 0.2% from its upstream operations.
Read More »Russia Constructs Second Gas Pipeline to China
Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.
Read More »Parkmead Not Easing Off Oil and Gas Despite Renewables Plunge
Oil and gas firm Parkmead Group has heralded its entry into the renewables sector after agreeing to buy farmland majority-owned by the wife of chief executive Tom Cross.
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