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2019-07-12 08:05:00

OIL, GAS IS A KEY

OIL, GAS IS A KEY

PUNCH - The Organisation of the Petroleum Exporting Countries on Monday said that oil and gas remained part of key solutions in combating climate change.

Secretary-General of the organisation, Mr Mohammad Barkindo, stated this in Vienna while speaking against the backdrop of mass mobilisation of civil society campaigns against the oil industry.

"We believe that oil and gas are part of the solutions to climate change and the solution lies in technology, appropriate policies and corporate…

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OIL, GAS IS A KEY
2019, July, 10, 12:45:00
IRREVERSIBLE CLIMATE CHANGE
“The clock is ticking on irreversible climate change,” Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.
OIL, GAS IS A KEY
2019, July, 1, 11:05:00
BRICS ENERGY SECURITY
"As BRICS participants are leading global consumers and producers of energy, our association could be more actively involved in issues of ensuring global energy security and universal access to energy," Putin said, during a meeting of the leaders of the BRICS countries ahead of the G20 Summit in Osaka. The BRICS group comprises Brazil, Russia, India, China and South Africa.
OIL, GAS IS A KEY
2019, June, 14, 11:05:00
GLOBAL GAS FLARING UP 3%
Gas flaring, the burning of natural gas associated with oil extraction, takes place because of technical, regulatory, and/or economic constraints. It results in more than 350 million tons of CO2 equivalent emissions every year and wastes a valuable resource, with harmful impacts to the environment from un-combusted methane and black carbon emissions.
OIL, GAS IS A KEY
2019, June, 14, 11:00:00
CLIMATE INVESTMENT $43 BLN
Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of $43.1 billion in 2018
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Tags: OIL, GAS, ENERGY, CLIMATE, CHANGE
Chronicle:
OIL, GAS IS A KEY
2019, August, 19, 11:20:00
CHINA'S GREEN INVESTMENT $1 BLN
Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy.
OIL, GAS IS A KEY
2019, August, 19, 11:15:00
U.S. RIGS UP 1 TO 935
U.S. Rig Count is up 1 rig from last week to 935, with oil rigs up 6 to 770, gas rigs down 4 to 165, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 2 rigs from last week to 142, with oil rigs up 7 to 101 and gas rigs down 5 to 41.
OIL, GAS IS A KEY
2019, August, 16, 10:50:00
OIL PRICE: NEAR $59
Brent was up 52 cents, or 0.9%, at $58.75 a barrel , U.S. crude was up 65 cents, or 1.2%, at $55.12 a barrel
OIL, GAS IS A KEY
2019, August, 16, 10:35:00
U.S., RUSSIA SANCTIONS AGAIN
The US is set to impose sanctions on Rosneft if it continues to trade crude oil and fuel with Venezuela's PDVSA in exchange for debt repayments and stakes in joint venture projects in the South American nation,
OIL, GAS IS A KEY
2019, August, 16, 10:30:00
ZOHR GAS OUTPUT UP TO 11.3 BCM
In H1 2019, the production on the Zohr field amounted to 11.3 bcm of gas, which is 3.6 times more than in the same period last year.
OIL, GAS IS A KEY
2019, August, 16, 10:25:00
U.S. GAS PRODUCTION UP
U.S. natural gas production continued to increase in August despite relatively low natural gas spot prices
OIL, GAS IS A KEY
2019, August, 16, 10:20:00
U.S. OIL INVENTORIES 440.5 BBL
At 440.5 million bbl, US crude oil inventories are 3% above the 5-year average for this time of year
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