31 July 2023
31 July 2023
The German Government hopes that the injection of cash from the EU will incentivise energy developers RWE and Gasunie to commit to building the terminal.
The project contemplates building an integrated refinery in Pakistan that can process at least 300,000 barrels of crude oil per day.
Repsol plans to produce two million tonnes of low-carbon fuels by 2030.
Deltic intends to continue with licences P2567 and P2428 due to the high prospectivity.
bp will supply up to one million tonnes of LNG to OMV from its global LNG portfolio.
The spinoff will result in two investment-grade, publicly listed companies – TC Energy and Liquids Pipelines Company.
Both Ithaca Energy and Dana Petroleum control a 50% stake in Block 22/14c, with the former holding the operatorship.
The contract is the first stage of a commercial project that is due to replace coal in the Filer City Station power station using biomass and decarbonisation technologies.
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