16 February 2024
16 February 2024
The International Energy Agency's (IEA) latest oil report says the annual increase in oil demand has dropped by more than 35% to 1.8 million barrels per day (mbbl/d) in the fourth quarter (Q4) of 2023.
Barclays decision to no longer finance new oil and gas fields is positive news for the environment, but it comes with major caveats.
The Japanese company is not concerned by the Biden administration’s pause on liquefied natural gas (LNG) export permits.
The Shenzi field was acquired through the deal for BHP's petroleum assets in 2021.
The five-year pipeline transit agreement between Moscow and Kyiv allowed Russia to export gas to Europe via Ukraine's pipeline network.
The proposed pipeline will have the capacity to transport approximately 2.8 billion cubic feet per day (bcf/d) of natural gas.
The complaint relates to a perceived lack of action by Obsidian after a ruling by the regulator last year found its activity to be the cause of earthquakes.
The contract involves maintenance for a combined fleet of 43 liquefied natural gas (LNG) carriers, which will be serviced by Seatrium Repairs and Upgrades.
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