China’s offshore oil and gas major CNOOC Ltd has put out a fire at a production platform in Bohai Bay and is focusing its efforts on searching for three people who went missing, the firm said on Friday.
President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.
European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan.
UK-based Ithaca Energy, the operator of the Captain field located on the edge of the outer Moray Firth, UK, has sanctioned Captain Enhanced Oil Recovery (EOR) Stage 2 project.