28 February 2025
28 February 2025
The EPA planned to set a charge on methane emissions for facilities emitting more than 25,000tpa of CO₂e.
The preliminary estimated gross recoverable resources from the well range from 15mboe to 43mboe.
The deal is expected to close by the end of Q1 2025, enhancing the company’s Permian Basin operations.
There are a total of 91 under-construction projects in the country that are expected to add a total capacity of 33.59mtpa by 2030.
The JV will combine around 3bboe of reserves with a further 10bboe of potential exploration upside.
The 15-year SPA converts an earlier heads of agreement into a definitive agreement.
Minister of Petroleum and Mineral Resources Karim Badawi has directed EGAS to develop an urgent plan to exploit undeveloped gas discoveries.
It is important to keep prioritising pushes for net zero and reminding fossil fuel companies of their responsibilities.
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