News / International

TotalEnergies Completes the Sale of its Interest in Block 20 in Angola to Petronas

TotalEnergies EP Angola announced that it has finalized the sale to of its 40% interest in Block 20 to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies.

France to Replace Fuel Heaters with Heat Pumps

The French Minister of Environment, Christophe Bechu, said that his country tends to replace fuel and gas heaters in the houses with the heat pumps which can help in reducing greenhouse gas emissions.

Worley to Support Qatar’s Transport Industry Decarbonization

Worley has announced that it will provide front-end engineering design (FEED) services for QatarEnergy LNG's groundbreaking CO2 sequestration project in Ras Laffan, Qatar.

Iran Strives to Increase Gas Production

The Pars Oil and Gas Company (POGC) announced on Monday that Iran's gas production capacity in the South Pars gas field will exceed 730 million cubic meters per day (mcm/d) during the winter of the upcoming Iranian calendar year, which begins on March 21, 2024.

Indonesia Launches Carbon Emissions Credit Trading

Indonesian President Joko Widodo has launched the country's first carbon emission credit trading system, aiming to establish a market that will fund cuts in greenhouse gas emissions and position Indonesia as a major player in the global carbon trade.

Pathways Alliance to Construct CCS Hub in Canada by 2030

Canada’s Pathways Alliance has said that a C$16.5 billion ($12.27 billion) carbon capture and storage (CCS) project planned by Canada's big oil companies will only proceed if the federal government establishes a contract to lock in future carbon pricing.

Baker Hughes, Shell Energy Enter Into Agreement to Supply Renewable Energy

Baker Hughes announced that it has signed an eight-year-long power purchase agreement (PPA) with Shell Energy Italia to supply renewable energy for Baker Hughes’ Industrial & Energy Technology (IET) Italian facilities.

Iran Establishes Petroleum Projects Worth $50B

The Deputy Chief for Development and Engineering Affairs at the National Iranian Oil Company (NIOC), Reza Dehqan said that the country is progressing oil and gas projects worth some $50 billion.

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