Author: admin@erthaenergy

Petronas International Corporation has initiated arbitration proceedings against South Sudan, reported Bloomberg.  

UN secretary-general António Guterres has asked world leaders to remove oil and gas from the energy mix and stop further exploration.

Brazil is preparing a plan to grant the oil regulator increased authority over the operation of gas projects, reported Bloomberg.  

Some companies now have targets to reduce financed emissions associated with key sectors in their portfolios, but reporting is still sparse.

Equinor has announced plans to invest between Nkr60bn and Nkr70bn ($5.7bn to $6.7bn) annually in offshore operations in Norway until 2035.

New Zealand is planning to pass legislation by the end of the year to lift the ban on offshore oil and gas exploration, reported Reuters.   

Qatar state-owned QatarEnergy has signed a liquified natural gas (LNG) supply agreement with Kuwait Petroleum Corporation (KPC). 

Amigo LNG, a subsidiary of Singapore-based LNG Alliance, has secured a long-term LNG supply agreement with E&H ENERGY of Malaysia 

Hibiscus Petroleum has entered into a farm-in agreement to acquire a 30% participating interest in a block PETRONAS Carigali. 

Eni has secured approvals and licence extensions from Indonesian authorities, paving the way for the development of gas production.