Post Archive by Day: September 24, 2018

Saudi Aramco confirms its leadership position and reinforces its commitment to reduce climate change-causing Greenhouse gas emissions at annual Oil and Gas Climate Initiative (OGCI) meeting

NEW YORK, NY, USA, September 24, 2018 Saudi Aramco Confirms its Leadership Position and Reinforces its Commitment to OGCI‘s plan to reduce its members’ collective average methane intensity from upstream operations to below 0.25 percent by 2025 Saudi Aramco welcomes ExxonMobil, Chevron and Occidental as new members of OGCI Company highlights its leadership role in the use of best-in-class carbon intensity practices and

Continue reading

Total announces major gas discovery offshore UK

24 September, 2018 Oil and gas giant Total has announced a major gas find to the west of Shetland, with recoverable resources estimated at approximately 1tn cubic feet. The well was drilled in the Glendronach prospect to a depth of 4,312 metres encountering a gas column of 42 metres. Located in Block 206/04a, the discovery can be developed quickly with

Continue reading

Oil and Gas Climate Initiative sets first collective methane target for member companies

Date: 24 September 2018 OGCI companies set a target to reduce by 2025 the collective average methane intensity of aggregated upstream oil and gas operations Announcement comes as OGCI welcomes the addition of three US companies New York City, New York, USA, September 24, 2018 – The Oil and Gas Climate Initiative (OGCI) today announced a target to reduce by

Continue reading

Exercise Restraint on Strike Action, Baru Appeals to Oil Workers

Monday, September 24, 2018 1:11 PM The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged oil workers under the auspices of the National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), to halt their planned industrial action over a labour dispute

Continue reading