18 July 2023
18 July 2023
The new joint venture marks Japex's first entry into Norway's oil and gas market.
The contracts have a combined fixed period of 23 months and are valued at approximately $290m.
Japan’s Government will suggest to the International Energy Agency a framework for global gas stockpiling for member nations.
Non-profit think tank IEEFA has argued against amendments to Australia’s environment legislation that would see imports of CO₂ emissions for burial in geological formations beneath the seabed.
The joint venture, conducted alongside telecommunications company AirLink, will see the two companies take on all of Shell’s 77.4% stake in its Pakistan operations.
The UK’s continued gas use is predicted to equate to more than double the cost of reaching net zero by 2050.
The figure is down 11% compared with this time last year.
The new entity will reportedly be valued at more than $30bn.
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