Oil And Gas Companies

Venezuela will guarantee security for mining companies and exceed oil production targets: Burgum

amefika3 months ago03 mins

CARACAS, March 5 (Reuters) – U.S. Interior Secretary Doug Burgum struck an optimistic note as he prepared to leave Venezuela on Thursday after a two-day visit, telling reporters that a new mining law “will create opportunities for companies, licenses that will allow them to operate are on the horizon” and the interim government of Delcy…

Oil and gas industry scales back energy transition initiatives

amefika5 months ago02 mins

Major oil and gas companies continue to work towards the decarbonisation targets they have set, leveraging a combination of existing measures and emerging technologies. Carbon capture remains a central pillar of emissions mitigation strategies, while investments in hydrogen, renewable energy and low-carbon fuels are being approached, but with renewed caution amid uncertainty over demand. Energy…