International oil and gas majors, including Total Energies and ExxonMobil, along with the national oil companies (NOCs) of the Middle East, are gearing up to approve approximately 30 projects in 2024.
The total number of active drilling rigs for oil and gas in the United States rose by 6 this week, according to new data that Baker Hughes published on Friday, bringing the total rigs gained this year to 7.
Japan is intensifying its efforts to gain approval from local authorities for the restart of the Kashiwazaki-Kariwa nuclear power plant, the world's largest, located north of Tokyo.
The CEO of Shell received £7.94 million despite the company lowering its net zero targets. The new targets focus on reducing the carbon intensity of products sold, rather than overall emissions reduction.
The recent increase in gasoline prices in the U.S. is causing inflation to rise higher than expected, which poses challenges for both the Federal Reserve's monetary policy and President Joe Biden's efforts to convince voters that the economy is performing well.
Japan is seeking help from Western allies to secure LNG contracts beyond 2030, as the risks of relying on Russia for supplies have become apparent since the Ukraine invasion.