KUFPEC Eyes More Oil, Gas Projects in Indonesia’s Natuna Sea

Kuwait Foreign Petroleum Exploration Company (KUFPEC) is seeking to increase oil and gas projects in Indonesia’s Natuna Sea, according to Reuters. “We are particularly focused on potential blocks in the Natuna Sea region, which aligns with our ongoing efforts to develop the Anambas Block,” Sara Al-Baker, KUFPEC’s Indonesian country manager told Reuters. Since taking office

By |2024-12-11T10:58:09+00:00December 11th, 2024|News, Oil & Gas|

Oil and gas production narratives in Colombia and Nigeria after the Paris Agreement

Reaching global climate goals requires a fundamental transformation of energy systems that still rely heavily on burning fossil fuels. Scientists have calculated that to meet climate goals, fossil fuel production must decrease by roughly 6% each year from 2020 to 2030. However, the current plans and projections of governments do not match these climate targets:

By |2024-12-11T10:53:04+00:00December 11th, 2024|News, Oil & Gas|

Group urges Tinubu, NASS to pay 13% derivation to oil and gas communities directly

A prominent Itsekiri and Niger Delta group, Association for the Promotion of Peace and Development in Itsekiri Oil and Gas Communities (APPDIOGCOM) has called on President Bola Tinubu and the National Assembly to do the needful by ensuring the payment of13 per cent percent derivation fund directly to oil and gas producing communities in the

By |2024-12-11T10:48:13+00:00December 11th, 2024|Oil & Gas|
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