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Oil and Gas Giants Agree Target to Cut Methane Emissions
They aim to reduce emissions from upstream operations to below 0.25% by 2025.
Thirteen of the world’s biggest oil and gas companies have agreed a first collective target to reduce methane emissions.They have announced a goal...
EU Investigates BMW, Daimler and Volkswagen over Emissions Collusion Allegations
The carmakers allegedly held meetings where they discussed clean technologies to limit harmful car exhaust emissions.The technologies aim to make passenger cars less damaging to the environment
The Commission will assess...
50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies
The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas...
Church of England Threatens to Withdraw Investment from Oil and Gas
The Church of England has voted in favour of withdrawing investment from companies that aren’t doing enough to tackle climate change.
The General Synod, the decision-making body for the Church, said it broadly...
Paris: World Bank Will No Longer Finance Oil and Gas Projects Starting from 2019
In a move meant to aid countries reach greenhouse gas-curbing targets set by the 2015 Paris Agreement to limit global warming, the World Bank has announced that it will stop financing oil...
Construction Contract Signed for Second String of TurkStream’s Offshore Section
South Stream Transport B.V. and Allseas Group signed in Amsterdam a contract to build the second string of the TurkStream gas pipeline’s offshore section. The document was signed as part of the...
Vice-President of European Commision Attends Southern Gas Advisory Council Meeting
Yesterday a ministerial meeting of the Southern Gas Advisory Council was held in Baku, Azerbaijan. Participants discussed bringing gas to EU markets from regions to the south and east of Europe along...
Palestinians Discuss Development of Gas Field with Shell
The Palestinian Investment Fund (PIF) announced on Monday that it has been discussing the development of Gaza Marine Gas Field with Shell, Anadolu has reported.
Gaza Marine is about 30km off the coast...
Nord Stream 2 to Play Crucial Role in EU’s Energy Security
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg yesterday.
The meeting addressed Russian gas...
IBC Committees Hold Joint Meeting
Paris hosted recently a joint meeting of two Working Committees (the Modern Technologies and Prospective Oil and Gas Industry Projects Working Committee and the Information and Communications Working Committee) of the International...
Nord Stream Utilisation Averages 80% in 2016 – 43.8 bcm Transported to the European Union
In 2016, the Nord Stream Pipeline operated at 80 per cent of its annual capacity of 55 billion cubic metres (bcm). 43.8 bcm of natural gas were delivered to consumers in the...
Bulgaria and Serbia Signed Memorandum of Understanding on Gas Interconnector
Bulgarian outgoing Minister of Energy Temenuzhka Petkova and her Serbian counterpart - Minister of Energy and Mining Aleksandar Antić, inked a Memorandum of Understanding on the project for construction of a gas...
Saudi Aramco CEO Says Oil Will Dominate over Renewables for Decades
Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the industry will cause "spikes" in prices and affect the global...
Secretariat Questions Legality of Serbia-Russia Intergovernmental Agreement on Natural Gas Supply
On 12 January 2017, the Secretariat sent an Opening Letter to Serbia in Case ECS-18/16. In its Letter, the Secretariat addressed a 2012 Agreement between the Serbian and Russian governments on the...
Alexey Miller’s Speech about Gazprom Results
Beside wide analysis of 2016. year, Mr Alexey Miller at the end of last year stressed some facts at the internal meeting in Gazprom. Over the course of 2016, the working gas...
Gazprom’s Positions Remaining Stable Amid Changing External Environment
The Gazprom Board of Directors took note of the information about the impacts caused by the events of 2016 on the long-term outlook for the global energy market.
It was highlighted that a...
