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Carbon Emissions
Rich Countries Must End Fossil Fuel Production by 2034 to Keep 1.5°C Target Alive
Rich countries must end oil and gas production by 2034 to keep the world on track for 1.5°C temperature limit and give poorer nations a fair chance to replace …
United Kingdom
UK Prime Minister Johnson to Visit Saudi Arabia for Oil and Gas Talks
Boris Johnson will meet Crown Prince Mohammed bin Salman on Tuesday in a bid to have oil and gas production boosted.
Oil & Gas Supply
Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War
In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output. …
Oil & Gas Supply
ADX Energy Increases Austrian Oil and Gas Production
Europe-focused ADX Energy has increased oil and gas output from its Gaiselberg and Zistersdorf fields by 25 per cent in the Vienna Basin, Austria.
Energy Transition
CCC: New Oil and Gas Is Not the Best Protection Against High Prices
The CCC advocates a “tighter limit” on oil and gas production.
United Kingdom
UK Advisers Urge Tougher Climate Tests on New Oil and Gas Projects
Ending new UK oil and gas production is credible and would send a clear signal to the world that the country is serious about meeting global temperature goals, …
Net Zero Emission
Are Europe's Leading Banks Flouting Net-Zero Pledges?
Scores of Europe's leading banks have been accused of continuing to flout advice from climate scientists and economists by pumping tens of billions of dollars i…
Crude Oil
Norway Recorded Higher Oil & Gas Output in December
Norway’s oil and gas production increased in December 2021 when compared to the previous month but it was slightly below predictions made by the Norwegian Petr…
Colombia
Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling
Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels this de…
Oil & Gas Supply
Wales Pledges to Put an End to Licensed Oil and Gas Production
Wales has joined an alliance led by Denmark and Costa Rica pledging to stop licensing oil and gas production
Crude Oil
Eni Plans First Oil and Gas from Giant Cote d'Ivoire Find as Early as 2023 as more Blocks put on Offer
Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 mo…
China
China’s Big Oil To Exploit Core Strengths In Decarbonization
The Chinese economic miracle has succeeded in lifting millions out of poverty and transforming the geopolitical landscape.
Oil Field
China: Daqing Oilfield's Oil and Gas Achieved Double Overproduction in the First Half
As of June 30, PetroChina’s Daqing Oilfield had completed domestic and international oil and gas production equivalent of 21.54 million tons, an increase of 86…
Electrification
Equinor Expands Electrification to Curb Oil and Gas Emissions
Successful commencement of Equinor’s total project pipeline could see the company electrifying over 35% of its total oil and gas production base by 2025 throug…
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
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