Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, according to Rystad Energy analysis
The International Energy Agency (IEA) has released their Oil 2021 and Coal 2021 reports which indicate that the global economy and oil markets are recovering from the historic collapse in demand caused by the coronavirus pandemic in 2020 and that the economic recovery is driving global coal power generation to a record this year, with overall coal demand to a potential all-time high as soon as 2022
Genel Energy has signed a farm-out agreement with OPIC Somaliland Corporation (OSC) relating to the SL10B13 block, Somaliland, with all its share of future capital investment coming from CPC Corporation, Taiwan, the state-owned enterprise of Taiwan
The International Energy Agency (IEA) has released their Coal 2021 report which indicates that economic recovery is driving global coal power generation to a record this year and overall coal demand to a potential all-time high as soon as 2022
Eni has signed an agreement with Sonatrach to relaunch production in the Berkine basin and to accelerate decarbonisation initiatives, a move that is set to strengthen Enis presence in Algeria
