05 March 2024
05 March 2024
A global crisis in hydropower output, caused by droughts across the world, significantly impacted emissions.
Analysis from the Institute for Energy Economics and Financial Analysis (IEEFA) raises concern that the US is headed for a liquefied natural gas (LNG) supply glut.
OPEC+ members, led by Saudi Arabia and Russia, have extended production cuts to stabilise the oil market.
Parties have shown no interest in renewing the 5-year contract which expires at the end of 2024.
The deal is expected to add approximately 30,000 barrels of oil equivalent per day (boepd) to Talos' production in 2024.
As part of the plan, the three companies will acquire the liquefied natural gas (LNG) import and regasification terminal of Linseed Field.
The partnership aims to improve production and efficiency at Bahrain's Sitra refinery.
The project aims to capture carbon dioxide (CO₂) emissions and securely store them deep underground or beneath the seabed.
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