11 March 2024
11 March 2024
Following the launch of MethaneSat, the EDF's Mark Brownstein considers the satellite's potential for tackling methane emissions.
The companies allege that Venture Global LNG has been marketing gas from the liquefied natural gas (LNG) plant to other customers.
The Energy Charter Treaty (ECT), first established in 1998, has in recent years been used by companies to challenge anti-fossil fuel climate policies.
Brazil’s state-owned oil company, Petrobras, recorded a net profit of $25.07bn (124.77bn reais) in 2023, the second-highest result in the company's history.
Measuring methane concentrations as low as three parts per billion, MethaneSat will hold oil and gas firms accountable for emissions.
The three-year contract is worth more than $200m (£155.78m).
Following the merger, I-Squared Capital will maintain a controlling stake of more than 60% in the combined entity.
The countries will work on exploration, development and production of oil in Somalia's blocks.
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