NUPRC‘s decommissioning plans now total $4.4 billion, with $400 million already secured through escrow accounts and…
Tag: Oil and Gas
Canada Weighs Easing Oil Emissions Cap for Industry Commitments
The Canadian federal government has proposed lifting an emissions cap on the oil industry, but only…
Offshore Innovation Key to Oil, Gas Survival – Ojumu
Failure to innovate offshore poses serious risks to the global oil and gas industry, according to…
Mitsui, MOL to Acquire Port of Nigg in UK
Mitsui & Co., Ltd., together with Mitsui O.S.K. Lines, Ltd. (MOL), announced plans to acquire the…
The Future of Oil, Gas in a Decarbonising World
As the urgency of climate change accelerates, the global energy system is shifting towards sustainable solutions.…
Heirs Energies Targets 100,000 bpd After Doubling Output
Heirs Energies’ oil production in Nigeria has achieved a remarkable milestone at Oil Mining Lease (OML…
Saudi Arabia, Iraq Halt Oil to Indian Refinery
Saudi Arabia and Iraq suspend oil sales to Nayara Energy in India after the European Union’s…
US LNG Exports Hit Record High
US LNG exports reached the highest level on record in August, supported by increased plant output…
Brazil Seeks Full Membership in International Energy Agency
Brazil has formally requested to join the International Energy Agency (IEA) as a member country, the…