British Reporter — Rich countries must end oil and gas production by 2034 to keep the world on track for 1.5°C and give poorer nations longer to replace their income from fossil fuel production, finds a new report from a leading climate
More
British Reporter — Research using sound waves to suspend oil droplets has shown that the air pollution coming from the tiny droplets may be impacting larger areas of the environment.
More
British Reporter — Almost one-in-three people around the world will still be mainly using polluting cooking fuels and technologies– a major source of disease and environmental destruction and devastation – in 2030, new research warned, University of Glasgow notes.
More
British Reporter — Trade groups representing the world’s biggest oil and chemical companies have been opposing a ground-breaking new proposal to regulate toxic and persistent chemicals in microplastics, according to documents obtained by Unearthed, Greenpeace UK’s investigative platform, Greenpeace International notes.
More
The FINANCIAL — Aramco has announced a new contracting strategy for the Company’s oil and gas brownfield and plant upgrade projects. The strategy focuses on establishing new businesses and developing partnerships based on sustainability and new technologies via Aramco’s giant projects by
More
The FINANCIAL — Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada. The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide
More
The FINANCIAL — bp today announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to
More
ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) today announced that they have entered into a definitive agreement to combine companies in an all-stock transaction. Under the terms of the transaction, which has been unanimously approved by the board of directors of
More
The FINANCIAL — SOCAR produced above 1,8 million tons1 of oil and more than 1,8 billion cubic meters2 of natural gas during the third quarter of 2020. Due to production cuts under OPEC+ agreement, oil production decreased, as compared to the same period of the
More
The FINANCIAL — Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today provides an update on its plans to launch ICE Futures Abu Dhabi (IFAD) and the world’s
More