Africa’s Trailblazing Net Zero Emission Upstream Project Begins New Chapter in Oil and Gas
Africa’s ‘first net zero emission upstream project’ starts its next oil & gas chapter Italy’s energy giant Eni has kicked off production from the second stage of its oil and gas development off the coast of Côte d’Ivoire, which is said to be the largest discovery in this country and the first net-zero upstream project, in terms […]
Oil Rig Count Declines as Oil Prices Experience Largest Weekly Increase Since 2022
Oil Rig Count Drops as Oil Prices See Strongest Weekly Gain Since 2022 The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 this week to 585, compared to 619 […]
New Metrics Released by IEA, UNEP, and EDF to Monitor Oil and Gas Companies’ Progress on Methane Commitments
IEA, UNEP, and EDF announce comprehensive metrics to report action and measure progress by oil and gas companies on methane commitments Despite years of public pledges by oil and gas companies, methane emissions and flaring from the industry’s operations remain at near record levels. To support efforts to address this problem, the International Energy Agency, […]