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Britain to ban all new diesel and petrol heavy goods vehicles from 2040

Britain will ban the sale of new petrol and diesel heavy good vehicles from 2040 as part of a broader package of green initiatives aimed at achieving net zero emissions from all forms of transport ten years later.

read more... 14/07/2021

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Peak Natural Gas Demand To Occur Around 2040

One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a bond prospectus of Qatar Petroleum it had seen.

read more... 29/06/2021

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Norway Expands Arctic Oil Exploration

Norway has awarded four new exploration licenses in frontier Arctic areas as it looks to support its oil and gas industry, as well as value and job creation, the Ministry of Petroleum and Energy said on Wednesday.

read more... 24/06/2021

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Consortium urges EU to end sales of diesel and petrol car sales by 2035

A consortium of industry leaders has called on the European Commission to phase out new diesel and petrol cars and vans no later than 2035.

read more... 28/04/2021

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Israeli energy giant plans $1.1B gas deal with UAE company

One of Israel's biggest energy companies plans to sell its share of a large offshore gas field to a firm based in the United Arab Emirates for an estimated $1.1 billion, the biggest such deal since the two countries normalised ties last year. Delek Drilling, owned by the Israeli billionaire Yitzhak Tshuva, said Monday that it signed a memorandum of understanding with Mubadala Petroleum, part of a conglomerate owned by the government of Abu Dhabi. The proposed deal was detailed in a notification filed with Israeli authorities.

read more... 27/04/2021

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