Latest News for: Oil and Gas Exploration

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Brazil's Lula takes heat on oil plans at UN climate talks, a turnaround after hero ...

The Norman Transcript 10 Dec 2023
13, a day after the climate conference is scheduled to end, the country is going to allow companies to bid on 33 areas with blocks for oil exploration, according to Brazil's National Agency of Oil, Natural Gas and Biofuels, including some in the Amazon rainforest.
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Brazil’s Lula takes heat on oil plans at UN climate talks, a turnaround after hero ...

Wtop 10 Dec 2023
13, a day after the climate conference is scheduled to end, the country is going to allow companies to bid on 33 areas with blocks for oil exploration, according to Brazil’s National Agency of Oil, Natural Gas and Biofuels, including some in the Amazon rainforest.
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New Zealand’s environmental credentials on the line as coalition takes power

The Observer 10 Dec 2023
Labour banned nuclear arms in 1987 and offshore oil and gas exploration in 2018 ... a loosening of regulations permitting urban sprawl, which is known to increase emissions, and a reversal of the ban on oil and gas exploration, announced last week ... The oil and gas sector was in decline before the ban, having decreased from $300m in 2010 to $10m in 2015.
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Record-breaking week adds 4,532 points to PSX

Dawn 10 Dec 2023
Sector-wise, positive contributions came from commercial banking (1,704 points), oil and gas exploration (997 points), fertiliser (387 points), oil and gas marketing (333 points) and power generation (166 points).
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Sharjah’s SNOC explores green hydrogen production in net-zero push

The National 09 Dec 2023
Sharjah National Oil Corporation (SNOC), the emirate’s sole gas supplier, is exploring green hydrogen and carbon capture projects amid efforts to reach net-zero emissions by 2032, its chief executive has said ... India’s ReNew exploring green hydrogen projects in Egypt. Sharjah’s SNOC awards $40m gas storage project to Petrofac.
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Bapco Upstream board meeting reviews improvement initiatives

The Daily Tribune - Bahrain 09 Dec 2023
During the meeting, the company’s performance during the last quarter of the year was reviewed with regard to exploration projects and plans and the continuation of oil and gas production rates according to the set plan.
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Stocks set for more records on rate, earnings bets

The News International 09 Dec 2023
KARACHI ...Online. Moreover, petroleum sales witnessed 9 percent month-on-month jump in Nov’23 ... Sector-wise positive contributions came from commercial banks (1,704 ), oil & gas exploration Companies (997 points), fertilizer (387 points), oil & gas marketing companies (333 points) and power generation (166 points) ... .
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UN Security Council debates escalating Guyana-Venezuela row

Manila Bulletin 09 Dec 2023
... oil-rich region ... After a referendum on December 3 overwhelmingly approved Caracas' proposed creation of a Venezuelan province in Essequibo, Venezuela's President Nicolas Maduro ordered state oil company PDVSA to issue permits for oil, gas, and mineral exploration in the area.
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Intensification of Conflict between Guyana and Venezuela

Financial Express 09 Dec 2023
Venezuela has for decades laid claim to Essequibo, an oil and resource rich region within Guyana ... Guyana received bids from local and foreign companies for the exploration licence ... The Venezuelan government has ordered state companies to exploit gas and oil in the contested region by granting operating licences for exploration and exploitation.
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KSE-100’s unstoppable surge tops historic 66,000 mark

The News International 09 Dec 2023
The index was supported by commercial banks with 695.74 points, fertilizer with 183.92 points, oil & gas exploration companies with 181.05 points, oil & gas marketing companies with 97.48 points, and power generation & distribution with 92.57 points.
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ARKANSAS A-Z: Huttig’s Union Saw Mill part of Weyerhaeuser Co. history

Arkansas Democrat-Gazette 09 Dec 2023
The Union Saw Mill company, based in Huttig in southern Arkansas, was the creation of experienced timbermen in St. Louis and Lufkin, Texas. The name of the company probably derived from the location of most of the timber. Union County, Arkansas, and Union Parish, Louisiana ... The company leased some of its land for oil and gas exploration ... Frank W ... Fred H.
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Asian giant unveils three 'remarkable' oil and gas discoveries offshore Malaysia

Upstream Online 08 Dec 2023
Thailand’s PTT Exploration and Production (PTTEP) has reported a trio of oil and gas discoveries in the area offshore Sarawak, Malaysia, ...
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Cop28 diary: video games, solar-powered yachts and colossal fossils

The Observer 08 Dec 2023
The government won the fossil of the day award for its plans to expand oil and gas exploration ... The first to receive this dubious honour was New Zealand, whose new government plans to expand oil and gas exploration ... Explore more on these topicsCop28Climate crisisGreenhouse gas emissionsDubaifeatures.
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Shell to invest $5bn into Nigeria’s offshore oil production 

Offshore Technology 08 Dec 2023
Nigeria Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and.. ... in the oil and gas sector administered by former president Muhammadu Buhari ... Nigeria Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and...
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For a Just Energy Transition, Nigeria Must Reform Oil Industry Divestment

This Day 08 Dec 2023
... the urgent need to transition from oil.  The government is currently incentivizing oil and gas production by lowering taxes and royalties, and establishing a Frontier Exploration Fund to stimulate new oil and gas production in non-traditional areas of the country. .
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