27 August 2024
27 August 2024
António Guterres has previously called for a ban on advertising for oil, gas and coal companies.
A draft indicates potential changes to how producers manage gas reinjection into reservoirs and establish production levels.
The legal action follows state-run Nile Petroleum Corporation’s assumption of control over Petronas' oilfields and assets in the country.
The development comes as the nation faces escalating energy shortages and soaring prices.
The Norwegian company's decision is based on its expectation of sustained strong demand for these fossil fuels.
Some companies now have targets to reduce financed emissions associated with key sectors in their portfolios, but reporting is still sparse.
QatarEnergy will provide Kuwait with up to 3 million tonnes per annum (mtpa) of LNG.
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