Karoon Energy to buy US offshore assets for $720m
Through the deals, the Australian oil and gas explorer aims to diversify its operations outside Australia and Brazil.
16 November 2023
16 November 2023
Through the deals, the Australian oil and gas explorer aims to diversify its operations outside Australia and Brazil.
The US-based oil major recently agreed to explore investment in a petrochemical project to allow production of polymers.
Covering an area of more than 38,000km², the Selat Melaka seismic survey aims to acquire around 8,000km of new 2D seismic data.
WhiteHawk expects the deal to increase mineral and royalty ownership in its existing 475,000 gross acre position by 100%.
In general, the goal of COP27 centered around adaptive measures to save those that are in danger of the effects of climate change.
The second floating storage and regasification unit (FSRU) is aimed at reducing dependence on Russia and other conventional suppliers and boosting Italy's capacity to import gas.
Two oil majors – BP and TotalEnergies – are among the top ten electric vehicle (EV) charger operators across Europe.
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GHG emissions generated by O&G operations accounted for 15% of total energy-related emissions worldwide in 2022. A further 40% of such emissions came from the use of oil and gas for power generation, heating, vehicle fuel, and industrial processes. Only 6 companies have targets covering Scope 3 emissions. To reduce Scope 3 emissions, O&G companies are switching their products to lower-carbon sources of energy including hydrogen, LNG, biofuels, and renewables.
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