The UN Principles for Responsible Investment estimates that some 42 companies announced net-zero targets in 2019 and 2020. More than half of those plan to plant trees, preserve forests or capture CO₂ in order to get there, even as their own businesses continue to warm
all things natural gas
The OPEC member’s output has fallen to around 1 million barrels daily in the wake of Waha Oil Co.’s decision to shut a key pipeline taking crude to Libya’s largest oil port, Es Sider.
The latest setback for exporters is the expiry of a 2017 accord between U.S. LNG developer NextDecade Corp. and the Port of Cork to build an import terminal in Ireland.
Mubadala Investment Co., Abu Dhabi National Oil Co. and ADQ have formed an alliance to produce hydrogen using natural gas and renewable energy and market it overseas as well as in the United Arab Emirates, ADQ said in a statement.
Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… Halliburton Claims Electric Frac First Halliburton reported that it has deployed the industry’s first successful electric grid-powered hydraulic fracturing operation. The company noted that, compared to turbines
Highlights Cautious project growth spending continues LNG exports buoyed by Platts JKM bull run Houston — While global natural gas demand has rebounded following the initial shocks from the coronavirus pandemic, volatility, including a bull run in Northeast Asian spot gas prices, has created uncertainty.
Petróleo Brasileiro SA (Petrobras) has started the binding phase of its sale of interests in a set of four onshore field concessions and integrated facilities, jointly named North Capixaba cluster, onshore Brazil. Potential buyers qualified for this phase will receive a process letter with detailed
(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) On Friday the statistical arm of the U.S. Department of Energy released figures on how dramatically domestic fossil fuel