13 September 2023
13 September 2023
The investment in the Green Climate Fund will be the UK’s largest single financial contribution to international climate change aid.
The UAE-based energy major is seeking long-term contracts for the delivery of LNG, crude oil and refined fuels.
The Turkish company has offered Ezemvelo KZN Wildlife a hunting ranch in exchange for environmental approval for a project.
Of oil imports, Russian oil made up 65%, compared with 56% for the entire year of 2022 and 49% in 2021.
Summit Carbon Solutions said it respects the PUC’s decision and will refile the application.
Over 30% of Ireland's energy requirements are met by natural gas, and most of the natural gas is supplied by the UK.
Mako has the largest untapped gas reserves in the West Natuna Sea and is close to the West Natuna Transportation System.
The Cambo field is the second-largest untapped oil and gas reserve in the UK North Sea.
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Although quantum computing is still in the R&D stage, its potential use cases in the oil and gas industry are numerous and are likely to expand. Oil majors, such as BP and ExxonMobil have joined IBM’s Q Network to develop quantum computers that will increase the understanding of subsurface geology. Companies are also looking at these computers to study molecular modeling and emission mitigation. Besides, the long-standing problems of matching demand with production and optimizing supply chains could be solved using quantum computing.
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