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AFRICAN GOVERNMENTS OPT FOR GAS-RUN CARS OVER EVS TO DRIVE DOWN TRANSPORT EMISSIONS.
African governments are promoting compressed natural gas (CNG) as a more affordable and lower-emission alternative to petrol and diesel, offering incentives for vehicle conversions. However, critics argue that relying on CNG still ties countries to fossil fuels, delaying the transition to fully electric transportation.
- 1 year, 3 months
SOUTH KOREA FOUND TO HAVE 14 ADDITIONAL OFFSHORE OIL AND GAS PROSPECTS.
A U.S. geoscience exploration firm, Act-Geo, has identified 14 additional oil and gas prospects in South Korea’s East Sea, with potential reserves ranging from 680 million to 5.17 billion barrels. South Korea, which imports nearly all its fossil fuels, hopes to begin resource extraction by mid-2024 and targets commercial production by 2035.
- 1 year, 3 months
CZECHIA HAS WEANED ITSELF OFF RUSSIAN OIL AND GAS, INSISTS ENERGY SECURITY ENVOY.
The Czech Republic has significantly reduced its dependence on Russian oil and gas by securing alternative energy sources and expanding infrastructure. Despite criticism over continued Russian energy spending, the government maintains that full independence is imminent, with U.S. pressure expected to further influence European energy policies.
- 1 year, 3 months
TANZANIA: TAZAMA PIPELINE CAPACITY SURGES .
The Tanzania–Zambia Crude Oil Pipeline (TAZAMA) has increased its fuel transport capacity to 1.2–1.3 billion litres annually by introducing a Drag Reduction Agent (DRA) that reduces friction and enhances efficiency. This innovation significantly boosts daily fuel flow, providing economic benefits to both Tanzania and Zambia while avoiding costly pipeline expansions.
- 1 year, 3 months
NORWAY: THE FIRST WALL OF A FLOATING OFFSHORE WIND TURBINE TO APPEAR FOR THE FIRST TIME IN THE WORLD.
Norway's first pilot site for floating offshore wind turbines has received significant funding for its development, marking a major milestone for the country's renewable energy efforts.
- 1 year, 3 months
MALAYSIA'S PETRONAS AIMS TO BOOST OIL AND GAS OUTPUT OVER NEXT 3 YEARS.
Petronas plans to increase Malaysia’s oil and gas production to 2 million barrels of oil equivalent per day between 2025 and 2027 through key projects and exploration activities. The company aims to drill over 400 wells and execute 39 upstream projects, including offshore platforms, onshore facilities, and extensive pipeline installations.
- 1 year, 3 months
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