Latest News for: Offshore oil credit

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4m bpd Target: KPMG Reviews FG’s Incentives, Thumbs-Up Moves to Cut Production Cost

This Day 11 Nov 2024
... Oil and Gas Production and Tax Credit on Crude Oil Production, KPMG highlighted that they introduce a Production Tax Credit (PTC) on crude oil production in the deep offshore petroleum operations.
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East Timor celebrates 25th anniversary of UN-backed vote for independence

Springfield News-Sun 30 Aug 2024
Crowds cheered as their leaders and state guests, including U.N ... Its economy is reliant on dwindling offshore oil revenues. Credit. AP. Credit. AP. Credit. AP. Credit. AP. Credit. AP. Credit ... Credit ... Credit ... Credit ... Credit ... Credit ... Credit ... Credit ... Credit ... Credit ... Credit.
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World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year

Springfield News-Sun 11 Jun 2024
The bank's latest outlook marks an increase from the 2.4% growth for 2024 it had predicted in January ... The agency now expects the U.S ... “U.S ... Credit. AP. Credit. AP. Credit. AP. Credit. AP ... 1. Production starts at Senegal's first offshore oil project. 2 ... 3 ... 4.
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Petrovietnam strengthens solutions to create carbon credits

Vietnam News 16 May 2024
This is also an opportunity for Petrovietnam to open a new business direction, creating carbon credits from CO2 recovery and storage in offshore oil and gas fields, pioneering in deploying CCS ...
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Tensions are soaring between Guyana and Venezuela over century-old territorial dispute

Newsday 09 Dec 2023
Venezuelans on Sunday approved a referendum to claim sovereignty over Essequibo, a mineral-rich territory that accounts for two-thirds of Guyana and lies near big offshore oil deposits ... oil producer.
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Skyscraper-studded Dubai has flourished during regional crises. Could it benefit from hosting COP28?

Newsday 26 Nov 2023
Oil, first discovered offshore of Dubai in 1966, was never at the levels found in the sands and waters of Abu Dhabi, which would become the capital of the United Arab Emirates when the country formed in 1971 ... Credit ... GOING GREEN WHILE PUMPING MORE OIL.
photo: Creative Commons / Photo by Kayden Moore via Pexels
Oil platform rig in the middle of the ocean
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Award of 27 oil and gas licences ‘boost for UK energy security’ amid Greenpeace criticism

ITV 30 Oct 2023
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How do we tackle climate change? National, Labour, Act, Greens, Te Pāti Māori and NZ First policies compared

NewstalkZB 27 Sep 2023
The party would reverse the ban on new permits for offshore oil and gas exploration – one of the boldest climate moves of the Labour-led government’s last term – and cancel long-gestating pumped-hydro plans for Lake Onslow.
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Shell Confirms Discussions With Trinidad, Venezuela on Joint Gas Project Development

Market Watch 05 Sep 2023
to credit a $1 billion investment by Venezuela's state-run oil company in an offshore gas-field project that the three parties want to jointly develop ... Advertisement. .
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Seven die as cyclone barrels towards western India

Gulf News 13 Jun 2023
Image Credit ... Gujarat is home to many offshore oil installations and major ports in the country and most have been forced to suspend operations ... oil products from Gujarat’s Sikka port, traders said.
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Comptroller warns environmental violations ill enforced, costing cash and lives

The Jerusalem Post 02 May 2023
Environmental damage in Israel results from various sources ... LUMPS OF tar mar the sand at a beach in Ashdod after an offshore oil spill polluted much of Israel’s Mediterranean shoreline last week. (credit. AMIR COHEN/REUTERS) ... .
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Pictures: Sheikh Mansour bin Zayed Al Nahyan

Gulf News 30 Mar 2023
Image Credit ... Image Credit ... Image Credit ... Image Credit ... Image Credit ... Sheikh Hamed bin Zayed Al Nahyan, Sheikh Hazza and Sheikh Mansour participate in a ceremony marking the completion of the largest offshore NPCC oil platform, June 29, 2019. Image Credit.
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DNV: Demand for ocean space will grow 5-fold by 2050

SAFETY4SEA 13 Mar 2023
... infrastructure, as the region experiences fast offshore wind development requiring vast areas, whereas historically, offshore oil and gas and marine aquaculture are negligible in this region.
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As Biden weighs Willow, he blocks other Alaska oil drilling

Springfield News-Sun 13 Mar 2023
"Oil and gas leasing on public lands and waters must end — full stop ... The Biden administration received one bid in December for the right to drill offshore for oil and gas in Alaska’s Cook Inlet ... Credit ... Credit ... Credit ... Credit ... Credit ... Credit.

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