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IEA: The world needs upstream oil and gas investment

Oil & Gas 360ยบ

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. There is a need for oil and gas upstream investments, full stop, Birol added.

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โ€˜Mind-bogglingโ€™ methane emissions from Turkmenistan revealed

Energy Central

Emissions of the potent.

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Ghanaโ€™s crude oil production dips 9.54% in 2023

Reporting Oil and Gas

During the first three quarters of 2023, the nation experienced a 9.54 This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields. million barrels, the TEN field produced 5.02

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Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand

Energy Central

Halliburton and Honeywell in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria “North Africa’s massive oil-and-gas reserves and its proximity to Europe make it an attractive alternative energy supplier to Russia.

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French bank BNP to stop funding new gas projects.

Energy Central

LE MONDE WITH AFP, MAY 11, 2023 French banking giant BNP Paribas said on Thursday, May 11, that it would stop financing new natural gas field projects following repeated criticisms from activists that it is falling short on climate protection. Although the policy.

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Federal District Court Finds M/V Maersk Idaho Not Liable for Drowning Death of Texas Police Chief in โ€œExcessive Wakeโ€ Case

The Energy Law

The Reeds safely navigated the Maersk Idaho โ€™s starboard wake field, but Mr. Reed fell overboard and ultimately drowned when their boat struck the Maersk Idaho โ€™s port wake field. 3:19-CV-238, 2023 WL 113740 (S.D. 5, 2023). [2] The Maersk Idaho was inbound, making approximately 15 knots. While 33 C.F.R.

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DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

At Kurdistan's Tawke license (75 percent and operator), DNO increased gross production from the Tawke and Peshkabir fields by 70 percent year-on-year to 78,600 boepd in 2024, with oil sold at its Fish Khabur terminal as the Iraq-Trkiye export pipeline remained shut in. Tawke field: 27,864 bopd (-6% from Q3).