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Breaking up with oil and gas was always going to be difficult for the owner of the world’s largest sovereign wealth fund—valued at $1.4 trillion. North Sea oil and gas, which accounts for 14% of Norway’s GDP, 40% of exports, and employs 7% of its workforce, has made the country one of the richest in the world, by GDP per capita.
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Major media companies The New Statesman and Politico have sparked a wave of criticism after allowing Norwegian oil and gas company Equinor, which is behind the UK’s largest new North Sea project, to sponsor events on climate change.
Both saw MPs pull out over the sponsorship, while the first was interrupted by a climate activist.
'Woodcock’s entries in the Lords’ register of interests show he is paid to act as the chair of the Purpose Business Coalition, an organisation run by the PR and lobbying firm Crowne Associates, which counts the oil company #BP and the arms company #Leonardo among its clients.'
"Every Awful Thing Trump Has Promised to Do in a Second Term
The former president has pushed a slew of terrifying proposals, both publicly and privately, that he plans to unleash on America should he take down Biden"
#Exxon remains the largest US producer of #oil and #gas and the biggest emitter of CO2 among investor-owned companies. The Texas-based company also has the weakest #emissions-reduction targets among the world’s “oil supermajors,” according to Carbon Tracker https://buff.ly/4akfWo4
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"Due to the significant macroeconomic headwinds over the past 12 months, many of which we believe will continue to occur over the next 18 months and potentially beyond, we have decided to strategically pause our renewable diesel business and pivot to producing conventional fuels," Vertex CEO Benjamin Cowart said in a first quarter earnings statement.
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"Deliberately grounded on a tiny reef in the #SouthChinaSea, part of an island chain claimed by the two Asian countries, the #BRPSierraMadre is now the unlikely base for a detachment of Filipino marines who stand guard over the atoll, scanning the turquoise waters for Chinese ships." #AyunginShoal#SecondThomasShoal#Philippines
As tensions rise throughout the #SouthChinaSea, energy demands are drawing #Malaysia deeper into the fray and testing the country’s long-standing reluctance to antagonize #China.
Since 2020, China has been harassing Malaysian drilling rigs and survey vessels, leading to standoffs that have lasted months.
Oil and gas courses in Kochi, Kerala | Blitz Academy (blitzacademy.org)
Looking for high-quality oil and gas courses in Kochi, Kerala? Look no further than Blitz Academy - a leading institute offering comprehensive training and certification programs.
Oil and gas courses in kochi | Blitz Academy
Join the vibrant energy sector with our acclaimed oil and gas courses in Kochi, Kerala. Enroll today to kickstart your career journey with Blitz Academy.