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Oil producer Diamondback to acquire Lario Permian for $1.5bn
Oil and gas producer Diamondback Energy is on a buying spree. It is to buy all leasehold interest and related assets of Lario Permian, a subsidiary of Lario Oil & Gas for some $1.5bn in shares and cash.
COP27: Coal proves a stubborn foe in fight to save climate
Reducing coal consumption is the central challenge to achieving the world’s climate targets, Fatih Birol, executive director of the International Energy Agency, told COP27.
AsianOil: Petroleum Sarawak plans four gas hubs over next decade
FSUOGM: Russian fossil fuel exports slump in October
MEOG: POGC to drill more South Pars wells
EBRD approves €25mn loan to Slovenia’s ELES
Enter Engineering chosen as main contractor for Uzbekistan's $3bn MTO polymer complex project
Biden announces tighter methane rule for US oil and gas industry
Estonian gas sellers lowering December prices
Ukraine's energy sector at "critical point"
The damage to Ukraine’s energy infrastructure is reaching a critical point, the European Commission wrote in a statement on November 17.
COP27: Africa lobbies to retain gas use despite pollution dangers
African nations are lobbying to be allowed to use their natural gas reserves to lift up to 600mn people out of energy poverty and to connect them to modern electricity supplies.
GHG emissions cap for Canada’s oil and gas by end of 2023, says minister
National regulations will be completed in 2023 for a cap on greenhouse gas emissions from the Canadian oil and gas sector, said Environment Minister Steven Guilbeault in an interview with Canadian Press at COP27, the UN climate summit in Egypt.
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