25 September 2024
25 September 2024
The oil body said there "has been further recognition that the world can only phase in new energy sources at scale when they are genuinely ready”.
The company’s board, which is on a five-day visit, met with India's Oil Minister, Hardeep Singh Puri, this week.
The deal's success now hinges on overcoming a challenge from ExxonMobil, which, alongside CNOOC, is contesting the merger.
In 2022, Just Stop Oil demonstrators successfully obstructed ten oil terminals throughout the UK.
The weather system west of Cuba could become a Category 4 hurricane by Thursday, posing a direct threat to regional energy infrastructures.
Epic Crude is responsible for the 1,126km Epic Crude Oil Pipeline, which connects Orla, Texas, to the Port of Corpus Christi.
The exploration was conducted at wildcat well 35/10-13 S within production licence 827 SB.
Key bidders include domestic companies like Oil and Natural Gas Corporation (ONGC), Vedanta and Reliance Industries, as well as international energy giant bp.
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