During the COP26 summit in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut its carbon emissions and reach net-zero by 2060, underlining the key role of gas in the country’s energy transition roadmap. While nations such as the UK, the United States, and…
Oil and gas company Cairn Energy has completed the sale of its interests in the Catcher and Kraken fields located off the UK for US$455 million. Cairn initially proposed the sale of its interests in the UK Catcher and Kraken fields to Waldorf Production…
Equinor has agreed to sell a 10% interest in the Dogger Bank C project in the UK North Sea to Eni for around £70 million (US$95 million). Eni also has an agreement to purchase a further 10% from project partner SSE Renewables on the…
Russia’s Yamal-Europe pipeline, which normally sends gas westwards across Poland to Germany, was working in reverse mode for a fourth straight day on the 2nd November and expected to stay that way until the 3rd November, according to data from German operator Gascade. Flows into Germany at the…
Ugandan President Yoweri Museveni is counting on TotalEnergies SE and CNOOC Ltd to produce oil from its fields in four years, laying the foundation for a new regional fuel hub. The East African nation expects to reach daily output of 230,000 barrels. While that’s…
ReneSola Ltd, a leading fully integrated solar project developer, has announced the signing of a strategic partnership agreement with Terra Aurea Gela SrL an Italian, based project developer specialized in the development of renewable energy power plants in Italy, to co-develop ground-mounted solar projects in…
President Biden said the US is ready to be a leader again in the fight against climate change, addressing a United Nations conference in Glasgow, despite offering no new plans to step up his country’s ambitions and continued discord at home over his proposal to…
Oil and gas company Neptune Energy has completed what it says is a first-of-its-kind collaboration with Environmental Defence Fund (EDF) to measure methane emissions on a working UK offshore platform using drone technologies. Methane is the primary component of natural gas and is a…
Vintage Energy Ltd, Adelaide, has tripled the gas reserves assessment at Vali field in the Cooper basin of south-west Queensland. Gross 2P reserves increased to 92 bcf from 30.3 bcf following a report by independent consultant ERC Equipoise Pte Ltd. The evaluation, dated…
Bulgaria halted the transport of Russian natural gas to Serbia and Hungary early on the 1st November after a pipeline rupture in the north-east of the Balkan country, state gas network operator Bulgartransgaz said. The accident, reported at 3 am local time (01:00 GMT) near the village of Vetrino, automatically…
