Acknowledging that cities are responsible for over 70% of global emissions, UN Secretary-General António Guterres urged mayors to demand a seat at the table during the development of national climate policies and regulations.

The vessels are scheduled for delivery by the end of Q1 2024.

The transaction, valued at £254 million ($320.65 million), supports BP's objective to meet its demand for low-emissions electricity and contributes to its renewable energy capacity goals.

he contract, signed in March 2023, specified an effective day rate, including the mobilization fee, associated with the minimum firm contract period at $325,000.

Saudi Arabia, the world's largest oil exporter, categorically rejected any plans to phase down oil, gas, and coal.

This reversal comes amid ongoing pressure stemming from the recent OPEC+ decision and lingering uncertainties surrounding global fuel demand growth.

This incident, the second in recent months impacting Kuwaiti oil and gas facilities, occurred during scheduled periodic maintenance at the facility.

Additionally, Petrofac is considering allowing investors to take non-controlling stakes in other segments of its business.

This strategic move is part of Vopak's commitment to the joint development and operation of open-access LNG infrastructure in the Netherlands in collaboration with Gasunie, a prominent Dutch energy network operator.

As COP28 unfolds, a groundbreaking development has emerged with 50 global oil and gas companies signing the Oil and Gas Decarbonization Charter (OGDC), marking a historic commitment to accelerate climate action.