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Aramco adquirirá una participación en compañía pakistaní
Oil and Gas

Aramco will acquire a 40% stake in Pakistani company

Inspenet, December 16, 2023.
Aramco has reached definitive agreements to acquire a 40% stake in Gas & Oil Pakistan Ltd (GO). These agreements were formalized last Tuesday. GO, a diversified company in the sale of fuels, lubricants and convenience store services.

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campo petrolífero descubierto en China
Oil and Gas

Oil field with huge reserves discovered in China

Inspenet, December 9, 2023.
PetroChina subsidiary Changqing Oilfield has announced the discovery of an oil field in the country’s north-central Gansu province with reserves that could exceed 100 million tons, according to state reports.

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OPEP+ anuncia recortes de petróleo
Oil and Gas

OPEC+ will make voluntary oil cuts

Inspenet, December 9, 2023.
Six OPEC+ member countries have agreed to make voluntary cuts in oil production, totaling 700,000 barrels per day during the first quarter of next year. At the same time, Saudi Arabia has announced the extension of its current reduction of 1 million barrels per day over the same period.

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Petroleras y gasistas
Oil and Gas

Oil and gas companies must reduce their methane emissions

Inspenet, December 8, 2023.
In the coming years, oil and gas companies will be forced to reduce their methane emissions, as the European Union, the United States and China take measures to control this gas, which contributes to more than 50% of global warming.

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50 empresas firman Carta para la descarbonización
Oil and Gas

50 oil companies signed the Charter for decarbonization at COP28

Inspenet, December 7, 2023.
50 leading companies in the oil and gas industry, responsible for more than 40% of global oil production, have signed the Oil and Gas Decarbonization Charter (OGDC). This commitment took place during the COP28 Climate Summit in the United Arab Emirates.

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Presidente-de-la-COP28
Oil and Gas

Controversy! COP28 president denies the impact of fossil fuels

Inspenet, December 5, 2023.
A new controversy surrounds the president of COP28, as the Center for Climate Reporting has made public an audio recorded during an online event held on November 21, in which Al Jaber affirms that “there is no science, no scenario, that affirm that the progressive elimination of fossil fuels is what will lead us to limit global warming to 1.5°.

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Escocia
Oil and Gas

Scotland: Grangemouth refinery closure announced

Inspenet, November 29, 2023.
The Grangemouth refinery in Scotland, with a capacity of 150,000 barrels per day, will cease operations to transform into a fuel import terminal, according to plans disclosed today by Petroineos.

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