Industry

What’s in store for the oil market in 2022?

Oil market 17 JanThe world’s most heavily traded commodity starts a new year on renewed optimism about demand despite Covid-19 uncertainties and Europe’s energy crisis

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Monitor Exploration starts EIA for seismic operations onshore Namibia

Monitor Exploration Namibia 14 JanNamibia’s oil and gas exploration company Monitor Exploration has commenced the environmental impact assessment (EIA) and environmental management plan (EMP) engaging risk-based solutions (RBS) of Dr Sindila Mwiya and his team

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Yokogawa obtains ISASecure CSA certification from ISA Security Compliance Institute

Yokogawa 2022Yokogawa Electric Corporation has obtained ISASecure CSA Level 1 certification from the ISA Security Compliance Institute (ISCI) for its CENTUM VP integrated production control system, a product in the OpreX Control and Safety System family

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Zenith Energy agrees an extension to option agreement for OML 141

Zenith 2022Zenith Energy has agreed an extension to the option agreement with Noble Hill-Network Limited (NHNL), announced on 29 November 2021, for the purchase of a 42% interest in the share capital of NHNL

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Natural gas shortage drove steep increase in carbon prices in 2021

GLobalData Jan 2022 1Around 22% of greenhouse gases are explicitly priced and less than 4% are priced at US$40 per tonne — the minimum price considered necessary to meet Paris Agreement targets, according to GlobalData analytics

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