Author: admin@erthaenergy

The Italian energy giant has revealed that its direct methane emissions have decreased by over 50% in the past six years.

Rachel Reeves, the UK Chancellor, has announced plans to commit almost £22bn to fund carbon capture and storage (CCS) projects.

IndianOil and Nepal Oil Corporation (NOC) have formalised an agreement to facilitate the development of key petroleum infrastructure in Nepal.

Aker BP has successfully confirmed the size of its gas discovery in the Norwegian Sea through appraisal well 6507/2-7 S.

McDermott has secured an engineering, procurement, construction, and installation (EPCI) contract from QatarEnergy LNG.

Brazil’s Petrobras and Colombia’s Ecopetrol have reported two major gas discoveries in the country’s offshore basins.

The arrangement will see Ithaca issuing 635 million shares to Eni, giving the Eni a 38.5% interest in the expanded Ithaca share capital.

TotalEnergies has signalled a potential reduction in its UK investments in response to the government’s planned increase in windfall taxes.

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A series of equipment and investment issues in Venezuela has seen the country’s exports of crude oil fall 9% on the month.